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Housing prices in India's leading eight markets recorded a 7–19 per cent increase in the July–September quarter, reflecting strong buyer demand and improving infrastructure. Delhi-NCR led with a 19 per cent rise, driven by luxury property demand and upgraded connectivity. Bengaluru and Hyderabad saw double-digit growth, while cities like Chennai, Pune, and Kolkata recorded steady appreciation. Experts highlight that these trends indicate resilient market fundamentals, rising buyer confidence, and a focus on quality, lifestyle, and long-term value in residential real estate.
India’s primary housing markets in the top eight cities experienced notable price growth in the July–September quarter, according to data released by real estate consultant PropTiger, which was recently acquired by Aurum PropTech Ltd. Advertisement
Delhi-NCR recorded the highest increase, with home prices rising 19 per cent, largely due to demand for luxury properties and infrastructure upgrades. The weighted average price in the region increased to INR 8,900 per sq ft from INR 7,479 per sq ft in the same period last year.
Bengaluru and Hyderabad followed with strong double-digit growth, registering 15 per cent and 13 per cent increases, respectively. Bengaluru’s prices rose to INR 8,870 per sq ft from INR 7,713 per sq ft, while Hyderabad’s reached INR 7,750 per sq ft from INR 6,858 per sq ft.
Other cities saw moderate but steady growth. Ahmedabad’s prices grew 7.9 per cent to INR 4,820 per sq ft from INR 4,467 per sq ft, while Chennai’s prices rose 9 per cent to INR 7,173 per sq ft from INR 6,581 per sq ft. Kolkata saw an 8 per cent increase to INR 6,060 per sq ft from INR 5,611 per sq ft. The Mumbai Metropolitan Region witnessed a 7 per cent rise to INR 13,250 per sq ft from INR 12,383 per sq ft. Pune recorded a 9 per cent increase, with prices moving to INR 7,250 per sq ft from INR 6,651 per sq ft.
Industry experts noted that these trends reflect strong market fundamentals rather than short-term price surges. Zyad Noaman, President of CREDAI-Bengaluru, said Bengaluru’s growth reflects the city’s robust real estate fundamentals and growing homebuyer confidence, attracting both end-users and investors.
Ankush Kaul, President of Sales, Marketing & CRM at Central Park, observed that Delhi-NCR’s consistent price increase is driven by premiumisation in launches and changing buyer preferences, emphasizing quality, lifestyle, and long-term value supported by infrastructure improvements. Sumit Ranjan, COO of Roots Developers, added that corridors like the Dwarka Expressway have become key growth drivers due to faster infrastructure completion, better connectivity, and the rise of premium residential projects.
Source PTI
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