India's top 8 housing markets saw 7-19% increase in prices during July-September quarter on strong demand, according to PropTiger.
Real estate consultant PropTiger, which has recently been acquired by Aurum PropTech Ltd, on Wednesday released price data for primary housing market of the top 8 cities.
As per the data, Delhi-NCR witnessed the highest 19% increase in prices, driven by strong demand for luxury properties and infrastructure upgrades.
The weighted average price of homes in Delhi-NCR rose to ₹8,900 per sq ft in July-September this year from ₹7,479 per sq ft in the year-ago period.
Bengaluru and Hyderabad recorded strong double-digit price growth of 15% YoY (year-on-year) and 13%, respectively.
The price in Bengaluru rose to ₹8,870 per sq ft from ₹7,713 per sq ft, while prices in Hyderabad rose to ₹7,750 per sq ft from ₹6,858 per sq ft.
In Ahmedabad, the prices rose 7.9% to ₹4,820 per square feet from ₹4,467 per sq ft.
Prices in Chennai grew 9 per cent to ₹7,173 per sq ft from ₹6,581 per sq ft.
In Kolkata, the prices of residential properties increased 8% to ₹6,060 per sq ft from ₹5,611 per sq ft.
Mumbai Metropolitan Region (MMR) witnessed a 7% appreciation to Rs 13,250 per sq ft from Rs 12,383 per sq ft.
Housing prices in Pune increased 9 per cent to ₹7,250 per sq ft in July-September from ₹6,651 per square feet in the year-ago period.
Commenting on the data, Zyad Noaman - President of CREDAI- Bengaluru, said, "The strong 15% year-on-year and 12.6% quarterly growth reflects Bengaluru's solid market fundamentals and growing homebuyer confidence.
The city continues to attract both end-users and investors, and this steady momentum reinforces Bengaluru's position as one of India's most resilient and promising real estate markets." Ankush Kaul, President - Sales, Marketing & CRM, Central Park, noted that Delhi NCR's consistent upward trajectory reflects the market's deepening fundamentals rather than short-term buoyancy.
"The NCR is seeing premiumisation across launches and buyer preferences, with a clear tilt toward quality, lifestyle and long-term value supported by stronger infrastructure and evolving expectations," he added.
Sumit Ranjan, COO, Roots Developers, attributed the rise in housing prices in Delhi-NCR to sustained demand and improved infrastructure.
"Key corridors like the Dwarka Expressway have emerged as catalysts, driven by rapid infrastructure completion, enhanced connectivity, and premium residential launches," he added.
