Gurugram’s Luxury Housing Boom Hits Rs 6.65 Lakh Cr, Fueling Investor Interest

Delhi-NCR sits at the heart of this recalibration. The region sold 29,175 units worth Rs 75,859 crore in H1 FY26, significantly driven by premium and luxury segments. With 42 per cent of all new supply nationwide coming from luxury and ultra-luxury categories, aspirations are clearly outpacing mass-market motivations.

Premium Segment Drives Market Structure

Anarock’s data shows that the top seven cities are set to touch Rs 6.65 lakh crore in sales value—a 20 per cent jump—despite volumes stagnating at under four per cent growth. This confirms that higher-ticket luxury homes, not mass housing, are driving India’s real estate value expansion.

Luxury demand has moved beyond cyclical surges and has become a permanent behavioural shift. As Hero Realty CEO Rohit Kishore highlights, “The demand for luxury homes in India has moved beyond seasonal spikes and cyclical upswings—it is now a structural reality. Delhi-NCR has emerged as a vibrant hub… COVID years were a turning point… but this shift isn’t just emotional—strong economic and structural fundamentals underpin it.”

Rising expectations around design, community living and wellness are also shaping NCR’s value curve. Reflecting this transition, BPTP CEO Manik Malik says, “The Indian housing market is clearly moving up the value curve… discerning end-users are prioritising quality, location, and lifestyle amenities… The market is maturing—not just in terms of price points, but in expectations from gated communities, wellness infrastructure and sustainable design.”

NCR’s Lifestyle-Led Transformation

The reports highlight that 42 per cent of all new supply in H1 FY26 came from luxury and ultra-luxury categories—the highest in a decade. NCR alone delivered Rs 75,859 crore in sales value, reinforcing its role as India’s most premium-oriented housing market.

The segmentation within India’s top housing markets is becoming clearer, with premium and luxury driving overall value growth. As Newstone CEO Rajat Bokolia explains, “The primary takeaway… is clear segmentation… The market is seeing sustained demand in the premium segment, driving up the average transaction size and ensuring price resilience… unit growth not crossing 4 per cent is a critical signal… The market is evolving, prioritising high-value asset growth over mass volume expansion.”

Connectivity-led growth is also strengthening Noida and Greater Noida’s premium positioning. As SKA Group Director Sanjay Sharma notes, “In Noida and Greater Noida, luxury housing is witnessing an evolution from aspiration to acquisition… design excellence, sustainability, and location synergy… With connectivity projects gaining momentum, the market has entered a high-confidence cycle.”

Gurugram Emerges as the Premium Epicentre

NCR absorbed nearly three-quarters of its entire FY25 sales value in the first six months of FY26, with Gurugram’s micro-markets contributing significantly. Corridors such as Dwarka Expressway, GCER and SPR accounted for many of the region’s high-ticket sales.

Affluent buyer preferences—particularly among NRIs and HNIs—are defining Gurugram’s luxury arc. Trevoc Group MD Gurpal Singh Chawla observes, “Gurugram’s premium housing curve is entering a defining era… A large influx of NRIs and HNIs is prioritising premium homes… Buyers today want spacious, future-ready homes with long-term value… this region has become the new gold standard for luxury living.”

Gurugram’s emergence as a premium residential hub reflects how Indian homebuyers are steadily gravitating toward future-ready, design-led lifestyles. This transition is being shaped by stronger infrastructure, a deeper corporate ecosystem and a more evolved buyer base.

As Lohia Worldspace Director Pyush Lohia puts it, “Gurugram’s premium housing market signals a transformative shift… This growth is being shaped by world-class infrastructure and an evolved buyer segment… At Lohia Group, we see this momentum as validation of our long-term vision… to develop future-ready, energy-efficient and design-led spaces that elevate urban living.”

Lifestyle upgrade cycles are reshaping Gurugram’s micro-markets as well. Landmark Group Founder Sandeep Chhillar reflects, “Gurugram’s premium micro-markets are leading the growth curve… high-net-worth buyers are returning with conviction… professionals upgrading to larger and wellness-oriented homes… Gurugram isn’t just growing; it’s redefining luxury as a lived experience rooted in design, community and long-term value.”

High-Value Corridors Power Growth

FY25 saw 4,22,765 units sold worth Rs 5,59,290 crore, yet Anarock expects FY26 to surpass this value sharply without similar volume growth—indicating that high-value corridors, rather than mass-market zones, will dominate India’s upcoming residential cycle.

Emerging corridors across Gurugram are becoming highly appreciated zones as infrastructure strengthens. SPJ Group CMD Pankaj Jain emphasises, “The growth of Gurugram’s housing segment is driven by high-potential micro-markets… Old Gurgaon and its pockets are emerging as high-potential real estate markets… Buyers are more informed, more decisive and value-conscious… these evolving pockets are becoming investment magnets.”

This upward shift mirrors India’s nationwide premium trajectory. As Gautam Kanodia of KREEVA/ Kanodia Group explains, “The Indian housing market is proving remarkably resilient… premium and luxury segments are driving the market… Buyers today are choosing quality over quantity… Rising incomes, a maturing NRI investor base and aspirational demand are reinforcing this value-led growth.”

Source : Business World