Delhi NCR housing market sees rising sales and prices

The residential real estate market in the Delhi National Capital Region (NCR) has experienced significant growth. According to a JLL report, approximately nine out of every ten new homes launched between January and September were sold, representing an 8% increase in sales compared to the previous year. During this period, developers launched 33,032 homes, a 9% increase year-on-year, while average home prices in the region rose by 10%.

Gurugram remains a central driver of this market, previously accounting for 43% of all home sales in the NCR.

Separately, the Delhi Development Authority (DDA) reported an 80% rise in housing sales during the first seven months of the 2026-27 financial year. The DDA sold 9,332 flats between April and October 2026, up from 5,198 during the same period the previous year. Sales across Low Income Group (LIG), Middle Income Group (MIG), and High Income Group (HIG) categories have already surpassed the total sales recorded for the entire 2025-26 financial year. Narela has been a primary contributor, accounting for over 90% of these sales, supported by ongoing infrastructure projects like the Urban Extension Road-II and the upcoming Rithala-Narela-Kundli Metro Corridor.