In 2025, the National Capital Region's (NCR) real estate market saw a significant recovery driven by housing demand, particularly in Gurugram. The focus shifted to end-users prioritizing delivery certainty and long-term value. Gurugram led luxury home sales, with demand concentrated along infrastructure corridors. Experts note strong, stable demand in Gurugram, with price appreciation and healthy leasing activity in Grade-A office spaces, partly attributed to RBI repo rate cuts easing affordability.