Housing prices in Indian metros up 7-19% in Q3 2025
What's the story
Residential property prices in India's major metropolitan areas witnessed a significant increase in the July-September quarter of 2025. The rise was driven by strong end-user demand for premium properties, high input costs, and a shortage of quality ready-to-move-in inventory, according to Aurum Proptech. The report noted that the weighted average property price across India's top cities saw healthy year-on-year growth during this period.
Market leader
Delhi-NCR tops the list
Delhi NCR topped the list with a whopping 19% year-on-year and 9.8% quarter-on-quarter price appreciation. This was mainly due to high demand for luxury properties and infrastructure development in the region. The weighted average price of homes in Delhi-NCR jumped from ₹7,479 per square foot in Q3 2024 to ₹8,900 per square foot in Q3 2025, according to the report.
Southern surge
Bengaluru, Hyderabad also see strong surge
Bengaluru and Hyderabad also saw a strong surge in property prices, with Bengaluru recording a 15% year-on-year and 12.6% quarter-on-quarter increase. The average price of homes in Bengaluru jumped to ₹8,870 per square foot in Q3 2025 from ₹7,713 per square foot during the same period last year. Hyderabad also witnessed a similar trend with prices rising to ₹7,750 per square foot in Q3 2025 from ₹6,858 per square foot during the same period last year.
Market expansion
Other major markets witness single-digit growth
Other major markets such as Greater Mumbai, Pune, Chennai, and Kolkata also witnessed strong single-digit price growth. This reflects broad-based developer confidence and buyers' willingness to invest in appreciating assets. The report noted that home sales across India's eight prime residential markets stabilized in the July-September quarter with a marginal 1% year-on-year dip in volume to 95,547 units sold.
Market shift
Shift toward premiumization
In stark contrast to the dip in volume, the total value of properties sold during the quarter jumped by a whopping 14% annually to ₹1.52 lakh crore. This, according to Aurum Proptech, indicates a clear market shift toward premiumization.