Delhi-NCR has strengthened its position as India’s leading luxury housing market, recording a 17.6 per cent year-on-year rise in average residential prices during the January-March quarter of 2026, according to PropEquity. The region also saw new residential supply grow 28.6 per cent, while housing sales increased 11.4 per cent. The report indicates that demand continues to absorb premium inventory despite rising prices. Developers also maintained a strong launch pipeline, with luxury projects accounting for a significant share of new supply during the quarter. Vineet Dawar, President-Sales and Strategy, Elan Group, said strong price appreciation and healthy sales momentum reflect resilient demand for premium and luxury residences. He added that buyers are seeking iconic addresses, curated experiences, world-class amenities, integrated ecosystems, and greater safety and privacy. He also noted that Dwarka Expressway in Gurugram and Sohna Road continue to gain prominence as premium residential corridors. The luxury segment has become an important contributor to Delhi-NCR’s residential market. Infrastructure improvements across Gurugram and Noida have helped several emerging micro-markets become sought-after addresses, expanding the luxury housing footprint beyond established neighbourhoods. Sidharth Chowdhry, Managing Director, Dalcore, said Gurugram has emerged as the epicentre of luxury lifestyles, with branded residences becoming a defining trend in India’s luxury housing segment. Sam Chopra, President and Country Head, eXp Realty India, said NCR continues to record healthy traction across luxury projects despite a sharp rise in prices. He added that improving infrastructure, expanding business districts and well-defined residential corridors have strengthened the appeal of premium housing across the region. With prices rising 17.6 per cent, sales increasing 11.4 per cent and new launches expanding 28.6 per cent, Delhi-NCR continues to account for some of the strongest premium housing activity in India.