NCR Launch Watch

Delhi NCR's weekly real estate intelligence brief.

Latest Edition

17 November 2025 • Weekly Briefing

Dear Reader,

This week's edition covers major developments across Delhi NCR's real estate landscape, from regulatory actions to infrastructure breakthroughs that are reshaping the region's property market.

A concise overview of fresh launches and key developments across Delhi NCR.

GURGAON

GST Council drops anti-profiteering proceedings against Ireo projects

GST Council has dropped anti-profiteering proceedings against Ireo projects in Gurgaon Hills and Grand Hyatt Gurgaon Residences. The decision brings relief to the developer and homebuyers who were facing potential price adjustments under the anti-profiteering provisions.

NHAI to organize special camps for Dwarka Expressway toll passes

NHAI will organize special camps for issuing monthly toll passes for Dwarka Expressway, addressing commuter concerns about access and payment methods. The initiative aims to streamline the toll collection process and provide better facilities for daily commuters using the expressway.

Emaar launches luxury project in Gurugram

Emaar has launched a new luxury project in Gurugram offering homes priced from ₹3.5-7 crore, targeting the premium segment. The development features contemporary architecture and premium amenities, positioning itself as a landmark residential address in the city.

IKEA set to open first store in Gurgaon

IKEA is preparing to open its first store in Gurgaon, marking the Swedish furniture retailer's expansion in the NCR region. The new outlet will feature IKEA's signature range of home furnishings and is expected to strengthen the retail landscape of the area.

Lodha Developers identifies Gurugram as NCR launchpad

Lodha Developers has identified Gurugram as its launchpad for entering the NCR real estate market. The Mumbai-based developer is planning to launch premium residential projects in the city, leveraging its expertise in luxury housing development.

Shapoorji Pallonji partners with Bosch for in-residence car care

Shapoorji Pallonji Real Estate has partnered with Bosch Car Service to launch in-residence car care facilities at The Dualis Gurugram. The collaboration aims to provide premium car maintenance services within the residential complex, adding value to the luxury living experience.

Gurugram SPR to be constructed as elevated road

The Southern Peripheral Road (SPR) from Ghata to NH-48 will be constructed as an elevated road with an interchange at Vatika Chowk. The project aims to improve traffic flow and reduce congestion in the rapidly developing corridor of Gurugram.

HSIIDC takes over maintenance of IMT sectors

HSIIDC has taken over the maintenance of public amenities in IMT sectors 1-8 in Gurgaon. The move is expected to improve infrastructure and civic facilities in these industrial areas, enhancing the working environment for businesses and employees.

SRS Group promoters face charges in money laundering case

Charges have been framed against SRS Group promoters in a ₹2,200 crore money laundering case. The development highlights the ongoing regulatory scrutiny in the real estate sector and the authorities' efforts to address financial irregularities.

Roots Development announces new Gurugram project

Roots Development has announced a new residential project in Gurugram, focusing on modern community living with improved urban design and amenities. The project aims to strengthen the developer's presence in the NCR market.

Gurgaon Metro expansion proposal advances

A new proposal for expanding the Gurgaon Metro network has progressed, with plans aimed at improving connectivity between key residential and commercial corridors. The project is expected to ease congestion and support future urban growth.

NOIDA

Great Value Realty launches ₹600 crore luxury project

Great Value Realty has launched a ₹600 crore luxury residential project in Noida, targeting the premium segment. The development features high-end amenities and contemporary design, catering to the growing demand for luxury housing in the region.

UP RERA approves 6 projects worth ₹864 crore

UP RERA has approved 6 projects worth ₹864 crore across 5 districts including Noida. The approval will enable construction of approximately 2,500 housing units, addressing the demand-supply gap in the region's real estate market.

Noida Authority seals part of Lotus Panache project

Noida Authority has sealed part of the Lotus Panache project in Sector 11 over regulatory violations. The action highlights the authority's strict stance on compliance with building norms and regulations in the city.

Noida Authority issues notice to 22 AT projects for delays

Noida Authority has issued notices to 22 AT projects for missing the Sports City development deadline. The notices serve as a warning to developers to expedite construction work and fulfill their commitments to homebuyers.

Sikka Karnam Greens project receives approval

Sikka Karnam Greens project has received Noida Authority approval, bringing relief to homebuyers who were facing delays. The development is expected to resume construction activities shortly, with completion timeline to be announced soon.

Branded homes outperform regular projects in Noida

Branded homes in Noida are outperforming regular projects, showing higher appreciation rates and better rental yields. The trend reflects the growing preference for branded residential developments among homebuyers seeking quality assurance and premium amenities.

Notice issued to ATS for Sports city delay

Noida Authority has issued a notice to ATS over delays in the Sports City development. The developer has been asked to furnish an updated timeline, reflecting the authority's push for faster progress on long-pending projects.

YAMUNA EXPRESSWAY

Gaur's Group launches ₹20 billion project

Gaur's Group has launched a ₹20 billion project on Yamuna Expressway, expanding development along the corridor. The mixed-use development will include residential, commercial, and retail components, catering to the growing population in the region.

GREATER NOIDA

Ashtech Group enters real estate with ₹1,800 crore project

Ashtech Group has entered the real estate sector with a ₹1,800 crore investment in its first Greater Noida project. The development will feature premium residential units with modern amenities, targeting the mid to high-end segment.

NCLT approves resolution plan for Ansal Properties

NCLT has approved the resolution plan for Ansal Properties' Serene Residency project in Greater Noida. The approval will enable the completion of the stalled project, providing relief to homebuyers who have been waiting for possession for several years.

DELHI

GRAP III imposed as pollution curbs tightened

GRAP III has been imposed as pollution curbs are tightened in Delhi with AQI breaching the 400 mark. The measures include restrictions on construction activities and vehicle movement, impacting real estate development and sales in the capital.

South Delhi independent floor prices jump 17%

South Delhi independent floor prices have jumped 17% in Q3 2025, indicating strong market performance in the luxury segment. The price appreciation reflects the limited supply and high demand for independent floors in prime locations.

JLN Stadium redevelopment to reinforce premium market

JLN Stadium redevelopment may reinforce Delhi's ultra-premium property market appeal, though it may not drive major price shifts. The project is expected to enhance the infrastructure and aesthetic appeal of the surrounding area, potentially increasing property values in the vicinity.

OpenAI selects Delhi for first India office

OpenAI has selected Delhi for its first India office, leasing a 50-seater space in the capital. The move by the artificial intelligence giant signals growing international interest in India's tech ecosystem and could boost commercial real estate demand in prime locations.

Delhi Metro Phase IV finally approved

Delhi Metro Phase IV has finally been approved by the government, enhancing connectivity across the capital and NCR. The project will improve transportation infrastructure and potentially increase property values along the new metro corridors.

NCR

Noida's retail boom driven by infrastructure projects

Noida's retail boom is being driven by two mega infrastructure projects: Noida International Airport and Yamuna Expressway development. These projects are attracting major retail brands and developers to the region, creating new commercial opportunities.

Delhi NCR commercial real estate set for supply boost

Delhi NCR commercial real estate is set for a major supply boost with 5 million sqft of new Grade A space expected in the coming months. The addition will address the growing demand for quality office space from domestic and international companies.

Noida International Airport nearing operations

Noida International Airport is nearing operations as Tata Projects awaits final approvals. The airport is expected to transform the region's connectivity and boost real estate development in the surrounding areas, particularly along the Yamuna Expressway.

Metro and rapid rail connectivity push Kundli-Sonipat growth

Metro and rapid rail connectivity are pushing Kundli-Sonipat toward major NCR growth. The improved transportation infrastructure is attracting real estate developers and homebuyers to the region, creating new residential and commercial opportunities.

Godrej Properties to launch ₹22,000 crore housing units

Godrej Properties will launch ₹22,000 crore worth of housing units to capitalize on strong consumer demand. The company's aggressive expansion strategy reflects confidence in the residential real estate market's recovery and growth potential.

Construction activities restricted due to air quality

Construction activities in NCR have been restricted due to deteriorating air quality under GRAP III measures. The restrictions are impacting project timelines and costs, creating challenges for developers already facing supply chain disruptions and labor shortages.

Alpha Corp targets ₹1,000 crore revenue by FY27

Alpha Corp is targeting ₹1,000 crore revenue and market debut by FY27. The real estate developer's ambitious growth plan includes launching new projects across NCR and expanding its presence in the mid to premium segment.

Wonderla eyes expansion to Delhi NCR and Mumbai

Wonderla is eyeing expansion to Delhi NCR and Mumbai markets, planning to establish new amusement parks in these regions. The entertainment company's expansion strategy reflects growing demand for leisure and recreational facilities in metropolitan areas.

BPTP Ltd prepares for IPO with ₹10,000 crore target

BPTP Ltd is preparing for IPO with a target of ₹10,000 crore annual revenue. The NCR-based real estate developer's listing plans indicate confidence in the capital markets and the company's growth prospects in the residential and commercial segments.

Two RRTS corridors move to final approval

Two RRTS corridors in NCR have moved to final approval after PIB clearance. The rapid rail connectivity will significantly reduce travel time between Delhi and neighboring cities, potentially boosting real estate development along the corridors.

NCR highlighted in India's ₹10 trillion real estate growth story

A national real estate report notes NCR's contribution to India's ₹10-trillion sector growth. Key drivers include corporate leasing in Gurugram, residential launches in Noida, and rapid development along the Yamuna Expressway.

Saya Group repays ₹1,500 crore debt

Saya Group has repaid ₹1,500 crore of outstanding debt to strengthen its financial position and focus on future growth. The developer aims to accelerate ongoing projects and plan new launches across NCR.

PROJECTS TO WATCH

Birla Pravaah — Sector 71, Gurgaon

A premium high-rise residential development near SPR with good connectivity and modern amenities.

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Emaar Serenity Hills — New Gurgaon

A low-density residential project planned across a large land parcel, offering multiple towers and green-focused living.

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Aashiana Aaroham — Gurgaon

A family-oriented project with child-friendly planning and community-focused amenities.

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Ashtech Presidential Towers — Greater Noida

Premium high-rise apartments with larger layouts and upgraded clubhouse facilities.

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Great Value Eknam — Noida

A new residential launch along the Noida Expressway corridor targeting mid-to-premium homebuyers.

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M3M Jacob & Co Residences — Noida

An ultra-luxury branded residential project in collaboration with Jacob & Co, offering designer-led homes.

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SG DXP Estate — Dwarka Expressway, Gurgaon

A residential project located along Dwarka Expressway with contemporary layouts and improving connectivity.

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M3M GIC — Manesar

A 150-acre integrated township with plotted housing, commercial areas, and community infrastructure.

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Conscient Elaira Phase 2 — Gurgaon

An expansion of the existing Elaira development, offering premium high-rise homes with improved amenities.

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Gaur Chrysalis — Sector 22D, Yamuna Expressway

A high-rise residential development located near the Noida International Airport corridor.

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Godrej Arden — Sigma 3, Greater Noida

A low-density boutique residential project focused on green landscapes and quiet community living.

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Max Estates 361 — Sector 36A, Gurgaon

A ultra-luxury residential project near Dwarka Expressway offering low-density layouts and strong connectivity.

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Suncity 78 — Sector 78, Gurgaon

A high-rise residential development close to NH-48 and SPR, aimed at mid-to-premium homebuyers.

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Experion Sector 151 — Noida

A premium residential project with large open spaces and expressway connectivity.

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Sobha — Sector 1, Greater Noida West

Sobha's first project in Greater Noida West, offering premium construction quality and planned community living.

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Northwind Sanctuary — NCR

A nature-led residential community planned around open green spaces and wellness-focused living.

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Featured Projects

This week: Birla Pravaah, Emaar Serenity Hills, and Gaur Chrysalis.

Handpicked projects with verified pricing, developer track records, and market positioning.

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