Delhi-NCR Property Registers 10,245 Fresh Launches in Q3-2025 Gurugram Leads the Way with 87% of Luxury Stock
The Delhi-NCR residential real estate market also continues to demonstrate strong momentum. During Q3 2025, the area registered 10,245 new housing unit launches, a 12% increase over the last quarter. New launches were 37% lower than last year, though. Yet, the market is still vibrant with Gurugram providing 87% of the overall luxury housing stock, reaffirming its pole position in the high-end realty arena.
Gurugram and Noida Drive Price Growth
Both Gurugram and Noida presented excellent expansion this quarter. Gurugram experienced a 12% year-on-year appreciation in property rates, followed by Noida with 10%. This consistent growth signals increasing buyer confidence and strong investor sentiment.
The weighted average launch price reached ₹15,175 per sq ft, a 30% quarter-on-quarter increase. While slightly lower by 3% year-on-year, the price movement reflects definite upward momentum on the back of robust demand in high-growth corridors.
Gurgaon and Dwarka Expressway Drive New Launches
New Gurgaon and Dwarka Expressway dominated the limelight during this quarter. New Gurgaon covered 23% of launches overall, and Dwarka Expressway covered 20%. These submarkets come with good connectivity to IGI Airport, robust infrastructure, and low-cost substitutes for central Gurugram.
In addition, swift metro developments, new commercial projects, and enhanced civic amenities make these areas the best bets for investors. Buyers of homes now favor areas with quicker appreciation and convenience of lifestyle, and these corridors provide both.
Luxury Rentals Soar in Gurugram
The luxury residential space in Gurugram not just dominated launches but also rentals. Luxury home rents jumped 10% year-on-year, evidencing high leasing demand for working professionals, expatriates, and NRIs.
Across NCR, high-end markets recorded 5-6% capital appreciation annually. Rental values improved 1-2% quarterly and 4-6% annually, showing steady returns for investors focusing on long-term yields.
Mid-End Homes Dominate New Supply
Mid-end homes took the biggest chunk of new supply this quarter, driving 51% of total launches. Developers targeted this category because of growing demand among young professionals and nuclear families looking for value-for-money homes with contemporary amenities.
High-end developments comprised 26%, and luxury residences took up 22%. While luxury launches decreased 30% year-on-year, developers are trending towards balanced portfolios to reach a broader market.
Noida-Greater Noida Corridor Gains Pace
The belt along the Noida-Greater Noida-Yamuna Expressway keeps gaining momentum. The area saw 10,242 launches during the first nine months of 2025 – an unprecedented 54% year-over-year rise.
The increase is due to large-scale infrastructure projects, affordable prices, and hope surrounding the soon-to-be-operational Noida International Airport. Homebuyers are scrambling to buy homes in this high-potential corridor, expecting high appreciation once the airport is operational.
Infrastructure and Connectivity Drive Growth
Improved connectivity is still the driving force behind growth. New highways, metro lines, and smoother connectivity to IGI Airport make Gurugram and Noida even more desirable. In addition, social infrastructure schools, hospitals, shopping centers, and entertainment areas is still developing at a fast clip, giving the liveability factor a big boost.
Because of this, consumers today opt for well-planned integrated townships that equate luxury living with ease of access and sustainability.
Expert Opinion — Sanjeev Singh, MD, SKJ Landbase
Sanjeev Singh, Managing Director of SKJ Landbase, says
Gurugram has again established its supremacy in NCR’s realty market. Customers these days look for more than a house they look for world-class infrastructure, improved returns, and a high-end lifestyle. With development unfolding fast, connectivity to Delhi and the airport, and high-end projects, Gurugram offers all of this. The performance of Noida meanwhile indicates how infrastructure-led growth generates new possibilities for buyers and investors alike.
His perspective beautifully summarizes the changing dynamics of Delhi-NCR real estate
Market Outlook – Q4 2025 and Beyond
The Delhi-NCR residential market appears optimistic for the upcoming quarters. With robust demand from buyers, infrastructure development, and luxury lifestyle options, Q4 2025 may see even more launches on upcoming corridors.
Developers intend to target mid-end and premium segments to cater to different customer needs. Investors, on the other hand, look for steady rental appreciation and long-term capital appreciation from high-end projects in Gurugram, Noida, and Dwarka Expressway.
Last Words
The Q3 – 2025 report unequivocally indicates Delhi-NCR’s consistent move ahead. Gurugram heads the luxury narrative, Noida expands strongly with infrastructure, and mid-end housing rules supply. With lifestyle improvements, improved returns, and world-class developments, the place is still among India’s most encouraging realty markets.
Customers looking for growth, connectivity, and luxury keep coming to Gurugram and Noida, and thereby these cities are the most preferred destinations for real estate investment in 2025.
