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Journalism of Courage
If you bought a house in Dwarka Expressway a decade ago, chances are its value has almost tripled, and in Greater Noida, its value in the same period has grown by a factor of 3.25, according to a report by ANAROCK Research.
“The reason for the price rise is largely because of the various infrastructure developments, and improved connectivity in these areas, which inevitably boosted homebuyer demand over the years. Moreover, these were the top areas with maximum new supply in the last several years,” Santhosh Kumar, Vice Chairman, ANAROCK Group, told The Indian Express.
“Sales too remained significantly high in the areas over the years as developers sought to launch projects here based on homebuyer demand,” Kumar added.
As per data gathered by ANAROCK Research, here are the top five areas where real estate prices have appreciated the most from 2015 to 2025 (till date):
Greater Noida West saw the maximum price appreciation of 225 per cent during the period, from Rs 2,750 per square foot in 2015 to Rs 8,950 per sq ft in Quarter 1 (Q1) of 2025.
New Gurgaon was the second top locality that saw average property prices rise by 215 per cent during the period. They rose from approximately Rs 3,700 per sq ft in 2015 to nearly Rs 11,670 per sq ft in Q1 2025.
Dwarka Expressway in Gurgaon saw average prices rise by 160 per cent during the same period, from Rs 4,730 per sq ft to nearly Rs 12,300 per sq ft as of Q1 2025.
Sohna saw an average property price rise of 88 per cent, from Rs 3,600 per sq ft in 2015 to nearly Rs 6,780 per sq ft in Q1 2025.
Golf Course Extension saw average prices rise by 108 per cent during the period. They rose from Rs 6,500 per sq ft in 2015 to Rs 13,500 per sq ft in Q1 2025.
The above data does not include the prices of plotted developments and government housing.
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