NCR Housing Markets Show Balanced Growth in Q4 2025

27 Jan 2026 CW Team

In Delhi, buyer enquiries declined 11.2 per cent quarter-on-quarter, while supply rose 3.5 per cent, leading to a mild demand–supply imbalance. Despite this, prices increased 1.2 per cent QoQ, indicating resilience rather than stress. Activity remained concentrated in established locations such as Dwarka, Rohini, Uttam Nagar, Saket and Laxmi Nagar–Patparganj, supported by metro expansion, road upgrades and redevelopment projects.

Noida recorded moderated demand, with buyer searches falling 11.5 per cent QoQ, even as supply increased 4.8 per cent. Prices rose 0.9 per cent during the quarter, backed by steady absorption in growth corridors including the Noida Expressway, Central Noida and Jaypee Greens Wish Town. Improved connectivity and progress around the Noida International Airport continued to support the city’s long-term outlook.

Greater Noida emerged as a strong supply-led market, with housing supply rising 9.6 per cent QoQ, while demand declined 15.1 per cent. Prices remained largely stable, inching up 0.2 per cent, reflecting a focus on affordability and future absorption. Key activity was seen in Greater Noida West, Zeta–Eta–Theta and Jaypee Greens, driven by planned development and improving expressway access.

Gurugram saw demand decline 18.1 per cent QoQ, alongside a 6.6 per cent rise in supply. Prices edged up 0.4 per cent during the quarter, supported by sustained interest in premium and upper-mid segments. Locations such as Dwarka Expressway, Golf Course Extension Road and New Gurugram continued to attract buyers, aided by infrastructure upgrades and corporate-led housing demand.

At the national level, residential prices rose 1.5 per cent quarter-on-quarter and 16.9 per cent year-on-year, marking the slowest appreciation in two years. Within NCR, OND 2025 data suggests that selective buyer sentiment, improving supply confidence and infrastructure-led micro-market strength have positioned the region for a more stable and sustainable growth cycle as it moves into 2026.

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Residential markets across Delhi, Noida, Greater Noida and Gurugram displayed distinct local trends in October–December 2025, even as India’s housing sector entered a phase of cyclical moderation, according to the Magicbricks PropIndex report. The quarter was marked by improved housing supply, selective buyer participation and a gradual shift towards end-user-driven growth.In Delhi, buyer enquiries declined 11.2 per cent quarter-on-quarter, while supply rose 3.5 per cent, leading to a mild demand–supply imbalance. Despite this, prices increased 1.2 per cent QoQ, indicating resilience rather than stress. Activity remained concentrated in established locations such as Dwarka, Rohini, Uttam Nagar, Saket and Laxmi Nagar–Patparganj, supported by metro expansion, road upgrades and redevelopment projects.Noida recorded moderated demand, with buyer searches falling 11.5 per cent QoQ, even as supply increased 4.8 per cent. Prices rose 0.9 per cent during the quarter, backed by steady absorption in growth corridors including the Noida Expressway, Central Noida and Jaypee Greens Wish Town. Improved connectivity and progress around the Noida International Airport continued to support the city’s long-term outlook.Greater Noida emerged as a strong supply-led market, with housing supply rising 9.6 per cent QoQ, while demand declined 15.1 per cent. Prices remained largely stable, inching up 0.2 per cent, reflecting a focus on affordability and future absorption. Key activity was seen in Greater Noida West, Zeta–Eta–Theta and Jaypee Greens, driven by planned development and improving expressway access.Gurugram saw demand decline 18.1 per cent QoQ, alongside a 6.6 per cent rise in supply. Prices edged up 0.4 per cent during the quarter, supported by sustained interest in premium and upper-mid segments. Locations such as Dwarka Expressway, Golf Course Extension Road and New Gurugram continued to attract buyers, aided by infrastructure upgrades and corporate-led housing demand.At the national level, residential prices rose 1.5 per cent quarter-on-quarter and 16.9 per cent year-on-year, marking the slowest appreciation in two years. Within NCR, OND 2025 data suggests that selective buyer sentiment, improving supply confidence and infrastructure-led micro-market strength have positioned the region for a more stable and sustainable growth cycle as it moves into 2026.

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