
Gurugram led India's residential market by launch value in calendar year 2025, recording Rs 1.38 lakh crore across 23,809 units at an average of over Rs 6 crore per unit, according to real estate analytics firm PropEquity. Bengaluru followed with Rs 1.30 lakh crore across 72,250 units, Mumbai with Rs 1.27 lakh crore from 29,627 units, and Hyderabad with Rs 1.16 lakh crore from 52,388 units.

The National Capital Region (NCR) as a whole recorded Rs 2.16 lakh crore across 50,167 units. Post-Covid, property prices in NCR have appreciated 450%, compared with an average of 250% across other cities, PropEquity said, attributing the sharper rise to a demand-supply mismatch. The firm noted that NCR has the highest population among Tier 1 cities at about 3 crore but the lowest number of launches at about 50,000 units.
PropEquity founder Samir Jasuja said NCR is no longer a volume-led story but a value- and profit-maximisation-led growth engine. Eight of India's top 10 developers already operate in NCR, and the remaining two are planning to enter by 2027.
Both The Hindu and Hindustan Times reported PropEquity's data with nearly identical figures and quotes, resulting in uniform straight coverage. The Hindu's report focused on the overall NCR story and the demand-supply imbalance driving appreciation, while Hindustan Times added more granular detail, such as Gurugram's 7,430 luxury launches above Rs 5 crore and the NCR inventory overhang falling to 12 months. Neither outlet introduced any political slant or editorial commentary, presenting the data as a market analysis. The implication is clear: luxury real estate in NCR has become a dominant national trend, with supply constraints pushing prices sharply higher.
Coverage: 2 sources, 2 neutral
Sources (2): thehindu.com (neutral report), hindustantimes.com (neutral report)
This brief was synthesised by AI from the 2 sources linked above, so one read covers every framing they carry. Methodology and corrections.