Delhi Micro-Markets Drive Up Housing Prices: Grihum Study
Real Estate

Delhi Micro-Markets Drive Up Housing Prices: Grihum Study

A new study by Grihum Housing Finance reveals that the rise of micro-markets across Delhi-NCR is fuelling real estate price appreciation, especially in the affordable housing segment. Key drivers include renewed post-pandemic interest, migration trends, and government schemes like PMAY.

According to the study, over the past two decades, floor rates have risen 267 per cent, from Rs 1,500 per sq ft in 2005 to Rs 5,500 in 2024. In the same period, land rates surged 492 per cent, from Rs 1,300 to Rs 7,700 per sq ft. The sharp increase highlights strong capital appreciation in Delhi’s emerging locations.

Backed by banks and housing finance companies (HFCs), the region has expanded its housing supply to support the “Housing for All” mission. Emerging zones include Kakrola, Rajapuri, Mahavir Enclave, Chander Vihar, Palam, Amberhai Village, and Bamnoli, among others.

""At a time when India’s affordable housing sector is gaining structural momentum—driven by rurbanisation, income shifts, and PMAY—the ‘Grihum Guide to Affordable Housing: Delhi-NCR Edition’ arrives as a timely and field-rooted resource,"" said Manish Jaiswal, MD & CEO, Grihum. ""It uniquely evaluates the asset itself—not just the borrower—bringing sharper visibility on Net Credit Loss drivers.

The handbook includes affordability benchmarks, suggesting EMI brackets and recommended localities based on income levels. For instance:
  • For income up to Rs 5 lakh p.a., EMI ~Rs 20,800: Areas like Rohini, Sangam Vihar, Deoli, Madangir.
  • For income up to Rs 10 lakh p.a., EMI ~Rs 45,600: Locations include Kakrola, Qutub Enclave, Shyam Vihar.
The report also flags infrastructural challenges in Delhi-NCR—transport, healthcare, and sanitation—and proposes solutions through policy reforms and fast-track mechanisms.
With a footprint spanning Delhi and parts of Haryana, UP, and Rajasthan, the Grihum Guide serves as a critical tool for stakeholders in the affordable housing ecosystem.

A new study by Grihum Housing Finance reveals that the rise of micro-markets across Delhi-NCR is fuelling real estate price appreciation, especially in the affordable housing segment. Key drivers include renewed post-pandemic interest, migration trends, and government schemes like PMAY.According to the study, over the past two decades, floor rates have risen 267 per cent, from Rs 1,500 per sq ft in 2005 to Rs 5,500 in 2024. In the same period, land rates surged 492 per cent, from Rs 1,300 to Rs 7,700 per sq ft. The sharp increase highlights strong capital appreciation in Delhi’s emerging locations.Backed by banks and housing finance companies (HFCs), the region has expanded its housing supply to support the “Housing for All” mission. Emerging zones include Kakrola, Rajapuri, Mahavir Enclave, Chander Vihar, Palam, Amberhai Village, and Bamnoli, among others.At a time when India’s affordable housing sector is gaining structural momentum—driven by rurbanisation, income shifts, and PMAY—the ‘Grihum Guide to Affordable Housing: Delhi-NCR Edition’ arrives as a timely and field-rooted resource, said Manish Jaiswal, MD & CEO, Grihum. It uniquely evaluates the asset itself—not just the borrower—bringing sharper visibility on Net Credit Loss drivers.The handbook includes affordability benchmarks, suggesting EMI brackets and recommended localities based on income levels. For instance:For income up to Rs 5 lakh p.a., EMI ~Rs 20,800: Areas like Rohini, Sangam Vihar, Deoli, Madangir.For income up to Rs 10 lakh p.a., EMI ~Rs 45,600: Locations include Kakrola, Qutub Enclave, Shyam Vihar.The report also flags infrastructural challenges in Delhi-NCR—transport, healthcare, and sanitation—and proposes solutions through policy reforms and fast-track mechanisms.With a footprint spanning Delhi and parts of Haryana, UP, and Rajasthan, the Grihum Guide serves as a critical tool for stakeholders in the affordable housing ecosystem.

Next Story
Infrastructure Urban

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Next Story
Infrastructure Transport

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Next Story
Infrastructure Urban

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->