Outlook Business Desk
Delhi-NCR recorded a sharp 24% jump in housing prices during July–September 2025, according to Anarock data, driven by strong buyer interest and rising demand for luxury homes.
As per the data, average residential prices in Delhi-NCR rose to ₹8,900 per sq. ft from ₹7,200 last year, reinforcing the region’s strong position in India’s housing market.
Gurugram, Noida, Greater Noida, Delhi, and Ghaziabad are key markets in Delhi-NCR. Overall, housing prices across seven major Indian cities rose 9% to ₹9,105 per sq ft, while Delhi-NCR recorded the highest annual increase of 24%, leading the growth nationwide.
Meanwhile, Mumbai Metropolitan Region (MMR) remained India’s priciest housing market, with prices climbing 6% to ₹17,230 per sq ft from ₹16,300 per sq ft.
On the other hand, in Bengaluru, residential prices rose 10% to ₹8,870 per sq. ft from ₹8,100. Pune saw a 4% increase to ₹7,935 per sq. ft, while Hyderabad recorded an 8% rise to ₹7,750 per sq. ft, reflecting steady growth across southern markets.
Chennai’s housing prices increased 5% to ₹7,010 per sq. ft from ₹6,680, while Kolkata saw a 6% rise to ₹6,060 per sq. ft during July–September, highlighting steady growth in both southern and eastern residential markets.
Housing prices across the seven major cities grew modestly by 1–3% in July–September compared to April–June, indicating a slowdown in quarterly growth after the sharp post-COVID surge, as buyers and developers adjust to evolving market conditions.
Vijay Harsh Jha, CEO of Gurugram-based VS Realtors (I) Pvt Ltd, noted that housing price growth may moderate in the coming months due to a slowdown in property sales and fewer new project launches across the Delhi-NCR market, PTI reported.
Manoj Gaur, Chairman and Managing Director (CMD) of Gaurs, said the 24% surge in Delhi-NCR housing prices reflects a structural shift in buyer behaviour, with home-buyers prioritising ownership in well-planned, lifestyle-focused cities offering both aspirational value and long-term stability, as reported by PTI.