Indian Housing Prices Surge 7-19% in Major Cities: Q3 2025 Report
Property prices across major cities in India continued their upward trajectory in the July-September quarter of 2025. This growth was fueled by strong end-user demand, particularly in the premium segment, elevated input costs, and a limited supply of quality, ready-to-move-in inventory, according to PropTiger.com by Aurum Proptech.
The weighted average property price across the top Indian cities saw healthy year-on-year growth. Delhi NCR led the pack with a 19% year-on-year and 9.8% quarter-on-quarter appreciation. This surge was driven by strong demand for luxury properties and infrastructure upgrades.
The weighted average price of homes in Delhi-NCR increased from Rs 7,479 per sq. ft. in Q3 2024 to Rs 8,900 per sq. ft. in Q3 2025. Bengaluru recorded a strong double-digit price growth of 15% year-on-year and 12.6% quarter-on-quarter, while Hyderabad saw a 13% year-on-year and 4.6% quarter-on-quarter growth.
The price in Bengaluru rose to Rs 8,870 per sq. ft. in Q3 2025 from Rs 7,713 per sq. ft. in the same period last year. Prices in Hyderabad increased to Rs 7,750 per sq. ft. in Q3 2025 from Rs 6,858 per sq. ft. in Q3 2024.
Karishmah Siingh, President of Sales, Marketing, and CRM at Sattva Group, commented on the growth in Bengaluru and Hyderabad, stating that it reflects a larger transformation in India's urban economy, driven by technology, talent, and aspiration. She added, '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, signaling a more mature and resilient housing market.'
Other major markets, including Greater Mumbai, Pune, Chennai, and Kolkata, also saw robust single-digit price growth, indicating broad-based developer confidence and buyers' willingness to invest in appreciating assets.
The PropTiger report also noted that home sales across India's 8 prime residential markets stabilized in the July-September quarter, with a marginal 1% year-on-year dip in volume to 95,547 units sold. On a quarter-on-quarter basis, it registered a 2.2% decline. However, the total value of properties sold during the quarter surged by 14% annually to reach Rs 1.52 lakh crore, a clear indication of a market shift towards premiumisation.
New supply across the top eight cities saw a marginal annual decline, with 91,807 units launched. However, new launches registered a 9.1% growth over the previous quarter, signaling 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% of all new launches, followed by Pune with 18.7% and Hyderabad with 13.6%. These three cities collectively represented 59.2% 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.
