New research shows that Gurugram’s Sohna Road and Noida’s Sector-150 are the top-performing housing markets in the National Capital Region (NCR), driving both capital and rental growth between 2021-end and Q2 2025. The findings are based on new data from ANAROCK and Square Yards.
On Sohna Road, capital values have climbed 74% in just over three years. Average monthly rents for a standard 2BHK have increased by 50%, reaching ₹37,500. Analysts said the location has benefited from its proximity to Gurugram’s business hubs and new infrastructure, including connectivity through the Delhi-Mumbai Expressway.
Data compiled by Square Yards shows that new housing supply in Sohna since 2020 has already surpassed the total built in the entire previous decade. The average inventory age is under four years. The majority of the new supply is in the mid-segment. Approximately 65% of homes launched are 2BHKs, while 3BHKs account for around 26%. Higher-value homes are also more common now. Properties priced above ₹1 crore account for 34% of the new supply, compared with only 15% in 2009.
Rajat Likhyani, Principal Partner at Square Yards, stated that the new infrastructure has altered how Sohna is perceived. “Projects like the elevated corridor and the DMIC have made the area more attractive to both developers and buyers. Leading developers have taken land positions and started new launches, and homebuyer interest has kept pace,” he said.
Sector-150 in Noida has outpaced every other market nationwide. Property values in the area have surged 139% since 2021, driven by large-scale township projects, open green spaces, and planned sports facilities. Rents have climbed 71%, fuelled by demand from professionals and families seeking quality of life in low-density surroundings.
The growth in NCR reflects a broader trend seen across India’s major housing corridors. ANAROCK data shows that across 14 micro-markets, capital values rose by 24% to 139%, while rents increased by 32% to 81%. In Bengaluru, Sarjapur Road and Thanisandra saw strong gains thanks to IT expansion and metro projects. Hyderabad’s Gachibowli and Pune’s Wagholi also recorded sharp increases on the back of new infrastructure.
Other metros posted solid but moderate growth. In Mumbai, Chembur’s transformation, driven by the Eastern Freeway and metro expansion, led to a 53% price increase, while Mulund saw a 50% rise. Kolkata’s EM Bypass and Rajarhat, along with Chennai’s Perambur and Pallavaram, benefited from improved transport links and planned development, although appreciation was slower compared to the NCR and Bengaluru.
Analysts said the combination of infrastructure upgrades, strong leasing activity and developer supply pipelines is driving both capital and rental performance across leading markets. With Sohna Road and Sector-150 leading the pack, NCR continues to be one of India’s most dynamic real estate regions.
Read more through the links below to uncover the key trends and market leaders driving this growth:
Business Standard: http://bit.ly/4lHiiTz
Published Date: 15 Aug, 2025
