Property Prices Surge 7-19% in Major Indian Metros During Q3 2025
Property prices across major Indian metros witnessed significant growth in the third quarter of 2025, with Delhi NCR leading the surge. Strong end-user demand, infrastructure upgrades, and limited supply of quality homes are the key drivers of this upward trend.
Property PricesIndian MetrosReal EstateLuxury PropertiesInfrastructure UpgradesReal Estate NewsNov 09, 2025
Delhi NCR led the pack with a 19% year-on-year and 9.8% quarter-on-quarter appreciation, driven by strong demand for luxury properties and infrastructure upgrades. The weighted average price of homes in Delhi-NCR rose from Rs 7,479 per sq. ft. in Q3 2024 to Rs 8,900 per sq. ft. in Q3 2025.
Bengaluru recorded strong double-digit price growth of 15% year-on-year and 12.6% quarter-on-quarter, while Hyderabad recorded 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, while prices in Hyderabad rose 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 seen in Bengaluru and Hyderabad. She stated, '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, signaling a more mature and resilient housing market. At Sattva, we are focused on creating future-ready neighborhoods that blend thoughtful design, strong infrastructure, and community living—in step with India's evolving urban growth story.'
According to the PropTiger 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 report also highlighted 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. In sharp contrast, the total value of properties sold during the quarter surged by 14% annually to reach Rs 1.52 lakh crore, which the report asserted is a 'clear indication of a market shift towards premiumisation.'
The report further 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% 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.
Frequently Asked Questions
What is the primary reason for the surge in property prices in Indian metros?
The primary reasons for the surge in property prices in Indian metros include strong end-user demand, elevated input costs, and a limited supply of quality, ready-to-move-in inventory.
Which metro led the property price surge in Q3 2025?
Delhi NCR led the property price surge in Q3 2025 with a 19% year-on-year and 9.8% quarter-on-quarter appreciation.
What is the weighted average price of homes in Delhi-NCR in Q3 2025?
The weighted average price of homes in Delhi-NCR in Q3 2025 rose to Rs 8,900 per sq. ft from Rs 7,479 per sq. ft in Q3 2024.
What factors are driving the growth in Bengaluru and Hyderabad?
The growth in Bengaluru and Hyderabad is driven by the expansion of the IT and GCC sectors, which are shaping new patterns of homeownership built around proximity, lifestyle, and long-term security.
How did the total value of properties sold in Q3 2025 compare to the previous year?
The total value of properties sold in Q3 2025 surged by 14% annually to reach Rs 1.52 lakh crore, indicating a market shift towards premiumisation.
Related News Articles
Mumbai's Real Estate Market Soars to New Heights with 12-Year High in Property Registrations
Mumbai's property registrations hit a 12-year high in June 2024, with a significant increase in revenues and registrations, indicating a resilient and strong real estate market.
Revamping Mumbai's Skyline: Paradigm Realty's INR 4500 Crore Redevelopment Project
Paradigm Realty initiates a transformative INR 4500 crore redevelopment project in Mumbai's Bandra and Kandivali, upgrading 11 housing societies...
Real Estate Tycoon Vishal Agarwal Arrested for Alleged Cheating in Housing Project
Vishal Agarwal, a prominent real estate developer, has been taken into custody by Pimpri Chinchwad police for allegedly cheating buyers in his housing project.
Signature Global Awards Rs 1144 Crore Contract to Ahluwalia for Luxury Housing Project in Gurugram
Signature Global assigns massive construction contract to Ahluwalia Contracts for its luxury residential project in Gurugram. The project, valued at Rs 1144 crore, will feature 1008 luxurious units.
Budget 2025: Finance Minister Proposes Tax Relief for Second Self-Occupied House
Finance Minister Nirmala Sitharaman has announced a significant tax relief for individuals owning a second self-occupied house in the Budget 2025. This move aims to boost the real estate sector and provide financial benefits to homeowners. Experts in the
Jason Kelce's $6 Million Real Estate Expansion Faces Neighbor Opposition
Since moving into his Haverford Township residence in 2018 with his wife, Kylie Kelce, the couple has steadily expanded their real estate footprint. However, their latest $6 million expansion plan has hit a roadblock due to heated neighbor complaints.