Buying a Home in Delhi, Mumbai, and Bengaluru Just Got 20% More Expensive: Details Here
Residential property prices in key areas of Delhi, Mumbai, and Bengaluru have surged by around 20% over the past year. Discover which neighborhoods have seen the highest increases and how this impacts the cost of your dream home.
Real EstateProperty PricesDelhi NcrBengaluruMumbaiReal EstateJul 04, 2025
In Delhi-NCR, specific areas have witnessed the highest price rises. The NH-24 Bypass in Ghaziabad saw residential prices surge by around 30%, making it one of the most sought-after locations. The Raj Nagar extension in Ghaziabad also saw a 21% uptick, with per sq ft prices ranging between Rs 3,500 to Rs 4,500. Sector-1 in Greater Noida recorded a 23% increase, with prices now ranging between Rs 4,000 to Rs 5,500 per sq ft.
Bengaluru's Whitefield and Bannerghatta Road recorded the highest movement in residential prices, with a 18% increase over the last 12 months. Other notable areas include Marathahalli (15%), Thanisandra (14%), Rajajinagar (13%), and Tumkur Road (15%). The city's tech hubs and growing infrastructure are major contributors to these price hikes.
In Hyderabad, the South and East regions saw the highest residential price upticks. East Hyderabad's LB Nagar experienced an 11% increase, with per sq ft prices now between Rs 6,950 to Rs 7,307. South Hyderabad's Bandlaguda saw a 12% rise. Interestingly, the Rajendra Nagar area saw a 6% dip in prices, and Jubilee Hills saw no change.
Central Mumbai recorded single-digit residential price growth, with Vashi, part of Navi Mumbai, leading the charge with a 9% increase. Per square foot prices in Vashi now range between Rs 18,684 to Rs 20,330. Other areas like Kharghar, Mira Road, and Ghodbunder Road reported no changes in residential prices. Virar, Goregaon, and Andheri saw a 6% increase over the last 12 months.
These price increases reflect the growing demand for residential properties in these cities, driven by factors such as urbanization, economic growth, and improved infrastructure. Homebuyers should be aware of these trends when planning their purchases to ensure they make informed decisions.
Frequently Asked Questions
What is the average price per sq ft for residential property in Delhi-NCR?
The average price per sq ft for residential property in Delhi-NCR is Rs 5,535.
Which areas in Delhi-NCR saw the highest price rise?
The NH-24 Bypass in Ghaziabad saw a 30% price rise, followed by the Raj Nagar extension (21%) and Sector-1 in Greater Noida (23%).
How much did residential property prices increase in Bengaluru over the last 12 months?
Residential property prices in Bengaluru increased by 14% over the last 12 months.
Which areas in Mumbai saw the highest price increase?
Vashi, part of Navi Mumbai, saw a 9% increase in residential property prices, while Virar, Goregaon, and Andheri saw a 6% increase.
What is the most expensive city for real estate in India?
Mumbai is the most expensive city for real estate in India, with prices at Rs 8,532 per sq ft.
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