Soaring luxury housing demand in 2025 in India's affluent billionaire region

Luxury Real Estate Demand Surges in India's Billionaire Belt

India's Billionaire Belt, particularly in Delhi-NCR, is experiencing a significant rise in demand for luxury real estate. This surge is driven by a combination of physical infrastructure improvements, enhanced connectivity, rising disposable incomes, aspirational lifestyle preferences, and favourable economic conditions.

Key infrastructure projects such as the Delhi-Meerut Rapid Rail Transit System (RRTS), Dwarka Expressway, and the Delhi-Mumbai Industrial Corridor have significantly improved accessibility and investment appeal. Additionally, reduced inflation and lower borrowing costs due to the Reserve Bank of India’s repo rate cuts boost housing affordability and demand.

Branded residences along corridors like the Dwarka Expressway in Gurugram are being viewed as generational assets. Luxury home sales in Delhi-NCR grew by 8.5-9% year-on-year in the first half of 2025, totaling over 5,100 units sold, and the region accounted for around 65% of luxury sales across top Indian cities.

Gurugram, along the Southern Peripheral Road and Dwarka Expressway, is a major hub accounting for the largest share of luxury sales. Developers remain confident in the luxury market, driven by upcoming festive season demand and a tamed inflation scenario.

Rising disposable incomes and the pursuit of an enhanced lifestyle—with priorities on spaciousness, privacy, and world-class amenities—boost luxury housing demand among affluent young professionals and expatriates. The luxury segment’s share of total residential sales in Delhi NCR has expanded markedly from 12% in H1 2023 to 27% in H1 2025.

Tier-II cities like Sonipat, Kundli, and Chandigarh are also witnessing a significant rise in demand within the luxury real estate segment. Business owners, professionals, and legacy families from the capital are investing in these locations for larger land parcels and less congestion.

The demand for luxury homes in Chandigarh is accelerating, making it one of the most sought-after luxury housing destinations. Developers are focusing more on transparency, experience, and high-end finishes to boost buyer trust in the luxury housing market.

Gurugram and Noida are leading the surge in luxury housing, with high-value launches in their micro-markets. Luxury homebuyers prioritize space, privacy, long-term value, scenic value, rental potential, and a quality lifestyle over just centrality. The term 'Billionaire Belt' refers to a region in Delhi-NCR that is characterized by a concentration of ultra-rich individuals, a maturing luxury real estate market, and world-class infrastructure supporting global lifestyles.

The region around Sonipat-Kundli is witnessing a quiet luxury surge, reflecting an appetite for locations with urban access and suburban tranquillity. Mohit Gawri, Vice President-Sales at RISE Infraventures, notes that luxury housing demand is being shaped by a new psychology of permanence, with buyers investing in generational homes.

The rise in disposable incomes of buyers and the growing desire for larger, well-located homes due to post-pandemic lifestyle upgrades are driving this surge in luxury housing. The demand in Gurugram's luxury housing market is as much emotional as it is financial.

As India's wealth landscape continues to expand, the term Billionaire Belt is evolving from a metaphor into a tangible force in the country's real estate story, encompassing ecosystems that support legacy living, global connectivity, and lifestyle integration at the highest level. The surge in High Net Worth Individuals (HNIs) and Non-Resident Indians (NRIs) across India, particularly in and around the capital, is reshaping the luxury housing market.

Salil Kumar, Director of Marketing and Business Management at CRC Group, states that in the luxury segment, there is virtually no upper ceiling for home sizes, and buyers seek homes that match their ambition. He also mentions that with supply tightening in legacy zones, buyers are exploring new luxury corridors across Noida-Greater Noida. The Reserve Bank of India's pause on rate hikes has made home loans relatively more attractive, even in the luxury segment. Tier-2 cities are the next luxury frontier, especially among NRIs, industrialists, and second-home seekers.

In summary, a combination of robust economic fundamentals, infrastructural advancements, enhanced connectivity, rising wealth, and evolving aspirations for premium living spaces fuel the ongoing luxury housing demand surge in Delhi NCR's Billionaire Belt.