Housing Prices Surge 7-19% in Top 8 Cities: PropTiger Report

India's top 8 housing markets saw a notable 7-19% increase in property prices during the July-September quarter, according to real estate consultant PropTiger. The company, recently acquired by Aurum PropTech Ltd, released the latest price data for the primary housing market of the top 8 cities.

As per the data, Delhi-NCR led the pack with the highest 19% increase in prices, driven by strong demand for luxury properties and significant infrastructure upgrades. The weighted average price of homes in Delhi-NCR rose to Rs 8,900 per sq ft in July-September this year from Rs 7,479 per sq ft in the year-ago period.

Bengaluru and Hyderabad also recorded strong double-digit price growth, with Bengaluru seeing a 15% increase year-on-year (YoY) and Hyderabad a 13% increase. The price in Bengaluru rose to Rs 8,870 per sq ft from Rs 7,713 per sq ft, while prices in Hyderabad rose to Rs 7,750 per sq ft from Rs 6,858 per sq ft.

Ahmedabad saw a 7.9% increase in property prices to Rs 4,820 per square foot from Rs 4,467 per sq ft. In Chennai, the prices grew 9% to Rs 7,173 per sq ft from Rs 6,581 per sq ft. Kolkata also experienced an 8% increase in residential property prices to Rs 6,060 per sq ft from Rs 5,611 per sq ft.

The Mumbai Metropolitan Region (MMR) witnessed a 7% appreciation to Rs 13,250 per sq ft from Rs 12,383 per sq ft. Housing prices in Pune increased 9% to Rs 7,250 per sq ft in July-September from Rs 6,651 per square foot in the year-ago period.

Commenting on the data, Zyad Noaman, President of CREDAI-Bengaluru, said, 'The strong 15% year-on-year and 12.6% quarterly growth reflects Bengaluru's solid market fundamentals and growing homebuyer confidence. The city continues to attract both end-users and investors, and this steady momentum reinforces Bengaluru's position as one of India's most resilient and promising real estate markets.'

Ankush Kaul, President of Sales, Marketing & CRM at Central Park, noted that Delhi NCR's consistent upward trajectory reflects the market's deepening fundamentals rather than short-term buoyancy. 'The NCR is seeing premiumisation across launches and buyer preferences, with a clear tilt toward quality, lifestyle, and long-term value supported by stronger infrastructure and evolving expectations,' he added.

Sumit Ranjan, COO of Roots Developers, attributed the rise in housing prices in Delhi-NCR to sustained demand and improved infrastructure. 'Key corridors like the Dwarka Expressway have emerged as catalysts, driven by rapid infrastructure completion, enhanced connectivity, and premium residential launches,' he said.