Gurugram experiences a 13% surge in housing sales in 2023, driven by demand for mid-income and luxury homes. Contrastingly, Noida and Greater Noida witness a 7-8% decline in property sales, signaling a slowdown.
Overall, Delhi-NCR records a marginal 3% growth in housing sales. Positive consumer sentiment, robust infrastructure, and strategic developments make Gurugram a hotspot, with areas like New Gurugram, Dwarka Expressway, and Southern Peripheral Road attracting significant buyer interest.
Industry experts attribute Gurugram's real estate success to a renaissance, defying market challenges and illustrating resilient demand within the NCR region.