New Delhi, March 18 -- Property prices in key NCR micro-markets have surged significantly over the past three years, outpacing rental growth in many areas. According to ANAROCK data, Noida's Sector-150 recorded an extraordinary 128% rise in capital values between 2021-end and 2024-end, while rental values for a standard 1,000 sq. ft. 2BHK unit increased by 66% in the same period. Sohna Road in Gurgaon saw capital appreciation of 59%, with rental values rising by 47%.

Among India's top seven cities, NCR, Hyderabad, and MMR saw higher capital value growth compared to rental values. In contrast, key markets in Pune, Kolkata, and Chennai experienced stronger rental value appreciation than capital value growth.

The divergence between capital...