Housing Prices Surge 7-19% in Major Indian Cities: PropTiger Report
Property prices in major Indian cities witnessed significant growth in the July-September quarter of 2025, driven by strong end-user demand and limited quality inventory, according to PropTiger's latest report.
Housing PricesIndian MetrosProptigerReal EstateUrban EconomyReal Estate NewsNov 09, 2025
The weighted average property price across the top Indian cities saw healthy year-on-year growth. Delhi NCR led the pack with a 19 per cent year-on-year and 9.8 per cent quarter-on-quarter appreciation. This growth was driven by strong demand for luxury properties and infrastructure upgrades. The weighted average price of homes in Delhi-NCR rose from Rs 7479 per sq. ft. in Q3 2024 to Rs 8900 per sq. ft. in Q3 2025.
Bengaluru recorded strong double-digit price growth of 15 per cent year-on-year and 12.6 per cent quarter-on-quarter. Hyderabad also saw significant growth, with a 13 per cent year-on-year and 4.6 per cent quarter-on-quarter increase. The price in Bengaluru rose to Rs 8870 per sq. ft in Q3 2025 from Rs 7713 per sq. ft in the same period last year. Prices in Hyderabad rose to Rs 7750 per sq. ft in Q3 2025 from Rs 6858 per sq. ft in Q3 2024.
Karishmah Siingh, President of Sales, Marketing, and CRM at Sattva Group, commented on the growth. 'The growth we are seeing in Bengaluru and Hyderabad reflects a larger transformation in India's urban economy, driven by technology, talent, and aspiration. As the IT and GCC sectors expand, they are shaping new patterns of homeownership built around proximity, lifestyle, and long-term security. Families are seeking integrated communities that support both professional and personal well-being, signalling a more mature and resilient housing market. At Sattva, we are focused on creating future-ready neighbourhoods that blend thoughtful design, strong infrastructure, and community living, in step with India's evolving urban growth story.'
According to the report, other major markets, including Greater Mumbai, Pune, Chennai, and Kolkata, saw robust single-digit price growth, reflecting broad-based developer confidence and buyers' willingness to invest in appreciating assets.
The PropTiger report also highlighted that home sales across India's 8 prime residential markets stabilised in the July-September quarter, with a marginal 1 per cent year-on-year dip in volume to 95,547 units sold. On a quarter-on-quarter basis, it registered a 2.2 per cent decline. In sharp contrast, the total value of properties sold during the quarter surged by 14 per cent annually to reach Rs 1.52 lakh crore, indicating a market shift towards premiumisation.
The report also noted that new supply across the top eight cities saw a marginal annual decline, with 91,807 units launched. However, new launches registered a 9.1 per cent growth over the previous quarter, signalling cautious optimism among developers. 'This trend suggests that developers are strategically launching higher-value projects to align with the current buyer demand, which is heavily skewed towards the premium and luxury segments,' the report stated.
Geographically, new supply was concentrated in the western and southern markets. The Mumbai Metropolitan Region (MMR) was the largest contributor, accounting for 26.9 per cent of all new launches, followed by Pune with 18.7 per cent and Hyderabad with 13.6 per cent. These three cities collectively represented 59.2 per cent of the new inventory introduced during the quarter.
The top 8 cities are Ahmedabad, Bengaluru, Chennai, Hyderabad, Kolkata, NCR (Gurugram, Noida, Greater Noida, Ghaziabad, and Faridabad), MMR (Mumbai, Navi Mumbai, and Thane), and Pune.
Frequently Asked Questions
What is the main reason for the increase in housing prices in Indian metros?
The main reasons for the increase in housing prices in Indian metros include strong end-user demand, especially in the premium segment, elevated input costs, and a limited supply of quality, ready-to-move-in inventory.
Which city saw the highest year-on-year growth in property prices?
Delhi NCR saw the highest year-on-year growth in property prices, with a 19 per cent increase.
What is the impact of the IT and GCC sectors on the housing market in cities like Bengaluru and Hyderabad?
The expansion of the IT and GCC sectors in cities like Bengaluru and Hyderabad is shaping new patterns of homeownership, driving demand for integrated communities that support both professional and personal well-being.
How did home sales volume change in the July-September quarter of 2025?
Home sales volume saw a marginal 1 per cent year-on-year dip to 95,547 units sold, and a 2.2 per cent quarter-on-quarter decline. However, the total value of properties sold surged by 14 per cent annually to reach Rs 1.52 lakh crore.
What is the trend in new real estate launches across major Indian cities?
New real estate launches saw a marginal annual decline, with 91,807 units launched. However, there was a 9.1 per cent growth over the previous quarter, indicating cautious optimism among developers, especially in launching higher-value projects.
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