Moneycontrol.com-As Delhi laps up luxury high-rises, sales jump 25% YoY
Once known for its palatial houses or Kothis, several prominent areas of the national capital are now turning into a hub for luxury high-rise developments. Locations such as South Delhi and West Delhi have emerged as a preferred choice for A-grade listed developers such as DLF, TARC and Godrej, among others, for their projects.
Experts said that driven by surging housing demand, robust infrastructure development, and a growing focus on high-end housing, New Delhi’s real estate market has positioned itself as one of the country’s most dynamic property hubs in 2024.
According to PropEquity data, Delhi’s real estate market recorded a 25 percent year-on-year growth in housing sales during the October-December 2024 quarter, with transactions rising to approximately 12,915 units from 10,354 units during the same period last year.
