Delhi - NCR Residential Market Watch | Year-End 2022
Savills India’s report covers key trends in the premium, high-end and luxury residential segments of Delhi, Gurugram and NOIDA.
Key highlights:
- Delhi: The South Central micromarket with 8% and 14% YOY growth witnessed the highest increase in land prices and rentals respectively.
- Gurugram: Gurugram witnessed impressive growth in capital values ranging from 8% to 30% across micromarkets; and an increase of 12% YOY in average rentals.
- NOIDA: With 12% and 14% YOY growth, completed and under-construction properties witnessed significant increase in capital values. Average rentals of premium properties increased by 13%.
