Housing Prices Rise 7-19 per cent Across Top 8 Cities in Q3 2025: PropTiger Report

New Delhi, November 5, 2025: Property prices continued their unabated upward march in Q3 2025, supported by strong end-user demand in the premium segment, elevated input costs, and a limited supply of quality, ready-to-move-in inventory. These findings were published in the latest quarterly report, ‘Real Insight Residential: July-September 2025’, by digital real estate transaction & advisory platform PropTiger.com by Aurum Proptech.

The weighted average property price across the top cities registered healthy year-on-year (YoY) growth. Delhi NCR led the pack with a remarkable 19 per cent YoY and 9.8 per cent Quarter-on-quarter (QoQ) appreciation, driven by strong demand for luxury properties and infrastructure upgrades. The weighted average price of homes in Delhi-NCR rose from INR 7,479 per sq. ft. in Q3 2024 to INR 8,900 per sq. ft. in Q3 2025.

Bengaluru recorded strong double-digit price growth of 15 per cent YoY and 12.6 per cent QoQ while Hyderabad recorded 13 per cent YoY and 4.6 per cent QoQ growth. The price in Bengaluru rose to INR 8,870 per sq. ft. in Q3 2025 from INR 7,713 per sq. ft. in the same period last year while prices in Hyderabad rose to INR 7,750 per sq. ft. in Q3 2025 from INR 6,858 per sq. ft. in Q3 2024.

According to the report, other major markets, including MMR, Pune, Chennai, and Kolkata, saw robust single-digit price growth, reflecting broad-based developer confidence and buyers’ willingness to invest in appreciating assets.

Sales and Launch Trends

The report highlighted that home sales across India’s 8 prime residential markets stabilized in the July-September quarter, with a marginal 1 per cent year-on-year dip in volume to 95,547 units sold. On QoQ basis, it registered 2.2 per cent decline. In sharp contrast, the total value of properties sold during the quarter surged by 14 per cent annually to reach INR 1.52 lakh crore, a clear indication of a market shift towards premiumization.

The report also highlighted that new supply across the top eight cities saw a 0.1 per cent annual decline, with 91,807 units launched. However, new launches registered a 9.1 per cent growth over the previous quarter, signalling 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.

Geographically, new supply was concentrated in the western and southern markets. The Mumbai Metropolitan Region (MMR) was the largest contributor, accounting for 26.9 per cent of all new launches, followed by Pune with 18.7 per cent and Hyderabad with 13.6 per cent. These three cities collectively represented 59.2 per cent 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.