quick Summary
- property Price Surge in Delhi-NCR: Real estate prices have risen sharply across Delhi-NCR over the past five years, with Greater Noida witnessing the highest increase (98%). Average price there rose from ₹3,340/sq.ft. in Q1 2020 to ₹6,600/sq. ft. in Q1 2025.
- Noida Growth: Prices surged by 92% between 2020 and 2025-from ₹4,795/sq.ft. to ₹9,200/sq.ft.
- Greater Noida West: Commonly known as Noida Extension, saw a price jump of 24% within just one year (₹8,450/sq.ft. by end-2024).
- Gurugram Real Estate Boom: Avg property cost increased by 84% since Q1 2020; New Gurugram’s avg price is now ₹10,350 per sq.ft.
- Dwarka Expressway Zone: Property doubled near this high-connectivity corridor since its development-prices increased from ₹5,360/sq.ft. (2019) to ₹11,000/sq.ft.
- sohna Road Affordability: Emerging area for budget buyers with smaller hikes-saw a return of up to 59% on investments between late-2021 and end-2024 (~₹6K per sq ft as of last year).
- Moderate Increases elsewhere:
– Delhi property prices climbed only by ~38%, reaching ₹25K+/sq.ft.
– Faridabad noted modest growth of ~50%, ending at approximately ₹4.8K per sq ft.- Ghaziabad experienced fair recognition (72%, up from ~₹3K in early ’20s).
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Indian Opinion Analysis
The report highlights significant real estate growth across Delhi-NCR despite broader economic challenges faced globally during this period-including inflationary pressures and pandemic impacts-as evident from Riverside increases exceeding typical metropolitan gains elsewhere.
While Greater Noida leads disproportionate expansion likely owing land affordability radius/connectivity changes extendively incentivized middle-tier hubs serving commuters daily+proximity adjacencies Economic efficiencies-extension phases Element† Duplication potential Axis-sequential Priority!* Comparator