April 09, 2026 PR & Media

Real Estate News: Housing sales soar by 66%; Gurugram, Delhi-NCR take centre stage

The Gurugram housing market experienced strong demand for luxury housing units in 2024, where sales rose by 66% to approximately Rs 1.07 lakh crore.

Real Estate News, Real Estate Sector, Gurugram Real Estate, Delhi-NCR Real Estate: The Gurugram housing market experienced strong demand for luxury housing units in 2024, where sales rose by 66% to approximately Rs 1.07 lakh crore. In Delhi NCR, the sales value of residential units rose by 63% to 1,53,000 crore from 94,143 crore. According to the PropEquity report, Gurugram’s housing sales rose from 64,314 crore to 1,06,739 crore in 2023.

Gurugram Real Estate News, Gurugram Realty News, Delhi NCR Property Market

This significant growth in Gurugram’s housing market, specifically in the luxury segment can be attributed to multiple key factors. The city’s strategic location and ongoing infrastructure developments, including Dwarka Expressway, Delhi - Gurugram Expressway, Delhi - Mumbai Expressway, and new metro route plans enhance connectivity to Delhi and other significant areas. These developments have made the city an attractive destination for luxury homebuyers.

As a developer, we remain committed to delivering world-class projects that cater to this dynamic market, ensuring sustainability, innovation, and unmatched living experiences. Moreover, the future of Delhi-NCR’s real estate market looks more promising than ever, attracting both end-users and investors alike."

Robin Pahuja, Co- founder & Director, ElitePro Infra says, “The demand for luxury housing is highly driven by high - net - worth - individuals (HNIs) and non - resident Indians (NRIs) looking for premium living spaces. The city’s appeal as a business center attracts professionals, further driving demand for high - end properties in the commercial segment as well. This further gives way to the city’s commercial landscape, with a growth in establishment of luxury showrooms, retail spaces, and offices. Improved connectivity and infrastructure makes it an attractive destination for luxury investors, contributing to its robust growth in the real estate segment.”

The real estate market will further experience a surge in new supply, with the new government in place in Delhi introducing various plans and reforms. The Master Plan of Delhi (MPD) 2041 will likely show some positive trends. It emphasizes on sustainable urban development, which gives way to better infrastructure and housing, which will open significant opportunities for developers and homebuyers.

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