The luxury housing market in Delhi-NCR is currently slowing down, but two transport corridors—Dwarka Expressway in Gurgaon and Noida-Greater Noida Expressway—continue to outperform the rest of the market due to infrastructure development.
According to the Savills India report 'Delhi-NCR Residential Market Watch H1 2026', Dwarka Expressway demonstrates the greatest progress in the growth of ready housing prices, land plot costs, and rental income. Meanwhile, Noida-Greater Noida Expressway shows stronger indicators in the under-construction housing segment.
In the first half of 2026, Dwarka Expressway became the best residential area in Gurgaon. The cost of ready housing grew by 6% year-on-year (YoY), while the growth across all of Gurgaon was only 2%. Furthermore, land prices here increased by 16%, making this area the strongest in this aspect in Gurgaon.
The rental market in this area proved even more resilient. In the first half of 2026, rental rates jumped by 22% year-on-year. This significantly exceeds the growth in Golf Course Road (11%), New Gurgaon (3%), and GCER and SPR (only 2%). According to Savills, the main reasons for this growth are improved transport accessibility, developed social infrastructure, and growing interest from corporate professionals, foreign nationals (NREs/Expats), and wealthy buyers seeking premium housing with good connectivity.
This corridor is also attracting new premium projects. Although the launch of luxury housing in Gurgaon decreased by 28% year-on-year to 4,549 units (compared to 6,350 units last year), about 70% of new launches were concentrated exclusively in GCER & SPR and Dwarka Expressway, indicating that this is the city's primary growth corridor.
Noida-Greater Noida Expressway offers a different investment option. While the cost of ready housing across Noida fell by 2%, it saw a growth of 3% on this expressway, making it the most stable premium area in the city.
The strongest results were noted in the under-construction housing segment. On average across Noida, this segment grew by 15%, but on Noida-Greater Noida Expressway, prices soared by 28% year-on-year. This figure is significantly higher than the growth in Sector 150 (13%) and other parts of Noida (4%). Savills believes that market confidence recovered after regulatory decisions related to the Sports City, leading to this growth.
In the first half of 2026, 73% of all luxury projects in Noida were launched specifically on this corridor. Moreover, the total number of launches decreased by 33% to 400 units (compared to 600 units last year), suggesting that developers have become more selective in choosing locations for projects where buyer demand is high.
Dwarka Expressway suits those who want immediate good rental income and to see an increase in the value of ready housing, as the 22% rent increase and 6% value growth indicate strong current demand.
Noida-Greater Noida Expressway is suitable for long-term investments. The 28% growth in under-construction housing prices and development plans, such as the expansion of the Aqua Line, FNG expressway, and the proposed RRTS Ghaziabad-Jevvar corridor, will strengthen its future transport accessibility and demand.
Savills predicts that the luxury housing market in Delhi-NCR will remain stable in the second half of 2026. Buyers will prefer projects with good transport connectivity, larger homes, premium amenities, timely completion, and reliable developers.
Currently, in terms of current market performance, Dwarka Expressway leads, while Noida-Greater Noida Expressway is ahead in the under-construction project segment.
