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🏘️🌆🚀 The real estate market in Delhi-NCR is expected to grow exponentially in 2023, with some interesting trends shaping the future of Delhi, Gurgaon, Noida and the periphery areas that are all gaining traction like never before.

📈💰 Real estate continues to be the best investment option in Delhi-NCR, with approximately 40% preferring it over other investment options.

💼 Invest wisely and secure your future! 💪💰
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🚗💨 Delhi-Mumbai Expressway's First Section To Have Multiplier Effect On Gurugram Realty Market 🏠💰

Prime Minister Narendra Modi on Sunday inaugurated the 246-km Delhi-Dausa-Lalsot section of the Delhi-Mumbai Expressway. 🎉 The new stretch will reduce the travel time from the national capital to Jaipur from five hours to around three and a half hours. 💭 Real estate developers said the new section, which has been developed at a cost of more than Rs 12,150 crore, will have a multiplier effect on real estate not only in the Sohna-Dausa stretch but also in the whole of Gurugram.

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Real estate developers such as DLF, Godrej, M3M, County, Max and TARC are set to unveil new housing projects in Delhi-National Capital Region, as demand remains robust in this market.

The new projects will come up in locations such as central Delhi, Noida Expressway and Gurugram's Golf Course Road Extension, which has seen a spurt in land acquisition in recent times.

Delhi-NCR outpaced Mumbai in 2022 real estate market, says report 🏡🏡🏡

National capital region of Delhi (Delhi-NCR), the country’s second largest real estate market after the Mumbai Metro Region (MMR), bounced back to outpace all key markets, including MMR, in 2022. After its lacklustre performance in 2022, following the second COVID-19 wave that severely disrupted activities, the NCR market has emerged as the most preferred destination of private equity (PE) investors.

As per latest data from Anarock Capital Market Research, Delhi-NCR attracted the largest chunk of PE investments during the April-December period.

While the region, comprising cities like Delhi, Gurgaon, Noida, Greater Noida, Ghaziabad and Faridabad, received PE investments worth US$ 1,215 million (or US$ 1.215 billion) or over Rs 9,700 crore during the period.

The largest real estate market MMR received only US$ 224 million or Rs 1,800 crore. Incidentally, investments in Delhi-NCR grew by a whopping 58 per cent year-on-year, compared to a 61 per cent drop in MMR.

The sharp drop in investments resulted in MMR slipping to the third spot behind Chennai that received US$ 268 million or Rs 2,150 crore during the period.