HomeLatestDelhi NCR leads India’s luxury real estate surge in H1 2024

Delhi NCR leads India’s luxury real estate surge in H1 2024

The National Capital Region (NCR) is rapidly establishing itself as India’s prime destination for luxury real estate, as the region benefits from a wave of infrastructure developments. Key areas such as Dwarka, Dwarka Expressway, and the Yamuna Expressway are witnessing a surge in residential and commercial projects, spurred by enhanced connectivity and strategic investments. According to JLL’s Delhi-NCR Residential Market Update for H1 2024, the NCR has outpaced other regions in the luxury residential segment, marking a shift in urban living preferences towards dynamic, accessible lifestyles.

Infrastructure has been the primary driver behind NCR’s real estate boom, with new expressways, extended metro links, and the development of new economic zones dramatically increasing property demand and value. The Dwarka Expressway, in particular, has emerged as a key area for both homebuyers and investors, offering reduced commute times to central business hubs in Delhi. This improvement in accessibility has made the region an attractive proposition for those seeking modern, connected living spaces.

The Yamuna Expressway has also risen to prominence as a hotbed for investment, further fuelled by the construction of the Noida International Airport, which is set to revolutionise connectivity to key urban centres. As this infrastructure project progresses, the real estate landscape in and around the Yamuna Expressway is expected to evolve significantly. Furthermore, the Delhi-Mumbai Expressway is poised to enhance real estate values along its corridor, connecting NCR with major national economic hubs and expanding its market reach.

Sustainability is becoming increasingly central to these developments. As infrastructure projects expand, so does the focus on eco-friendly building practices and sustainable urban planning. Developers are prioritising energy-efficient designs, green spaces, and sustainable materials in their projects, ensuring that the rapid growth of NCR’s real estate market aligns with broader environmental goals. This focus on sustainability not only caters to the growing demand for eco-conscious living but also contributes to the long-term resilience of the region’s urban fabric, balancing rapid development with environmental stewardship.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -spot_img

Most Popular

Recent Comments

Sunteck Realty Launches Premium Residences In Goregaon

Sunteck Realty Launches Premium Residences In Goregaon

0
Mumbai-based developer Sunteck Realty is set to introduce a new ultra-luxury residential project in Goregaon West, representing a strategic expansion of the company’s premium...
House of Hiranandani Expands Into Flexible Workspaces

House of Hiranandani Expands Into Flexible Workspaces

0
Mumbai-based real estate developer House of Hiranandani has entered the flexible workspace segment with a pilot co-working centre at Powai, signalling a strategic shift...
BDD Chawl Redevelopment Faces Delay Call As Residents Raise Concerns

BDD Chawl Redevelopment Faces Delay Call As Residents Raise Concerns

0
Tensions have surfaced around the next phase of the Worli BDD Chawl redevelopment in Mumbai, as resident representatives have sought a postponement of the...
Trident Realty Unveils Expansive Mixed-Use Housing Project In Panipat

Trident Realty Unveils Expansive Mixed-Use Housing Project In Panipat

0
Trident Realty has announced plans for a large mixed-use residential township in Panipat, marking a significant real estate investment in one of Haryana’s rapidly...
MahaRERA Sees Strong Residential Project Momentum

MahaRERA Sees Strong Residential Project Momentum

0
Maharashtra recorded a sharp rise in new residential developments during 2025, with regulatory data showing a broad-based increase in housing project registrations across urban...