Real Estate Prices Surge in Key Areas of Delhi, Mumbai, and Bengaluru
Over the past 12 months, residential property prices in key areas of Delhi, Mumbai, and Bengaluru have seen significant increases, making it 20% more expensive to buy a home in these cities.
Real EstateProperty PricesDelhi NcrBengaluruMumbaiReal Estate MumbaiJul 03, 2025
Hyderabad followed closely with an 11% annual price increase. However, Mumbai remains the most expensive city for real estate, with prices at Rs 8,532 per square foot, despite an 8% annual change.
Highest Price Rises in Delhi-NCR
The NH-24 Bypass in Ghaziabad saw the highest residential price rise, with an increase of around 30% over the last 12 months. Raj Nagar Extension in Ghaziabad also witnessed a significant 21% uptick, bringing prices to between Rs 3,500 and Rs 4,500 per square foot. Sector-1 in Greater Noida saw a 23% increase, with per square foot prices ranging from Rs 4,000 to Rs 5,500.
Bengaluru's Price Movement
In Bengaluru, Whitefield and Bannerghatta Road recorded the highest movement in residential prices, with an 18% increase over the last 12 months. Marathahalli and Tumkur Road also saw significant price hikes, with increases of 15% each. Rajajinagar and Thanisandra saw 13% and 14% increases, respectively.
Hyderabad's Residential Market
South and East Hyderabad experienced the highest residential price upticks. In East Hyderabad, LB Nagar saw prices rise by 11%, with per square foot prices ranging from Rs 6,950 to Rs 7,307. In South Hyderabad, Bandlaguda witnessed a 12% increase. However, Rajendra Nagar saw a 6% dip in prices, and Jubilee Hills remained stable.
Mumbai's Residential Trends
Central Mumbai recorded single-digit residential price growth, with a 6% increase in areas like Virar, Goregaon, and Andheri. Vashi, part of Navi Mumbai, saw the highest price growth, with a 9% increase, bringing per square foot prices between Rs 18,684 and Rs 20,330. Kharghar, Mira Road, and Ghodbunder Road saw no changes in residential prices.
These trends highlight the dynamic nature of the real estate market in India's major cities, with significant variations in price movements across different areas. For potential homebuyers, understanding these trends is crucial for making informed decisions.
Frequently Asked Questions
Which areas in Delhi-NCR saw the highest price rise?
The NH-24 Bypass in Ghaziabad saw the highest residential price rise, with an increase of around 30% over the last 12 months. Raj Nagar Extension in Ghaziabad and Sector-1 in Greater Noida also saw significant increases.
What is the current cost per square foot in Mumbai?
Mumbai remains the most expensive city for real estate, with current prices at Rs 8,532 per square foot.
Which areas in Bengaluru saw the highest price movement?
Whitefield and Bannerghatta Road in Bengaluru recorded the highest movement in residential prices, with an 18% increase over the last 12 months.
What is the price trend in Hyderabad?
South and East Hyderabad saw the highest residential price upticks. LB Nagar in East Hyderabad saw a 11% increase, while Bandlaguda in South Hyderabad saw a 12% increase.
Which areas in Mumbai saw the highest price growth?
Vashi, part of Navi Mumbai, saw the highest price growth with a 9% increase, while areas like Virar, Goregaon, and Andheri saw a 6% increase.
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