Delhi-NCR real estate market trends

The Delhi-NCR real estate market is undergoing significant growth and structural shifts across the retail, logistics, residential, and commercial sectors.

In the first half of 2026, retail leasing saw a 78% year-on-year surge, totaling 1.3 million square feet. This growth was primarily driven by fashion and food and beverage brands, with Gurugram and Delhi serving as the most active markets. In the logistics sector, despite a rise in vacancy rates to 20.4% due to speculative supply, demand remains resilient, particularly in clusters near freight corridors. Vacancy rates are projected to remain below 15% through 2030.

Concurrently, the market is transitioning toward lifestyle-driven residential developments and new commercial models. Residential demand is increasingly focused on connectivity and quality of life in specific micro-markets. In the commercial sector, coworking spaces have moved from a niche startup option to a mainstream model for established businesses, while investors are showing increased interest in pre-leased assets to secure immediate income.