Property prices continued their upward march in Q3 CY2025 as housing prices rose between 7-19 percent YoY. According to a report by digital real estate transaction & advisory platform PropTiger.com, Delhi-NCR led the price hike with 19 percent YoY and 9.8 percent QoQ appreciation. The weighted average price of homes in Delhi-NCR rose from Rs 7,479 per sq. ft. in Q3 2024 to Rs 8,900 per sq. ft. in Q3 2025.
Market analyst said that the growth in property prices is driven by strong end-user demand in the premium segment, infrastructure upgrades, and a limited supply of quality, ready-to-move-in inventory.
The report 'Real Insight Residential: July-September 2025', by PropTiger.com, which is owned by Aurum Proptech, was released on November 5 and it stated that the weighted average property price across the top cities registered healthy YoY growth.
Bengaluru recorded double-digit price growth of 15 percent YoY and 12.6 percent QoQ while Hyderabad recorded 13 percent YoY and 4.6 percent QoQ growth. Weighted average property price in Bengaluru rose to Rs 8,870 per sq. ft. in Q3 2025 from Rs 7,713 per sq. ft. in the same period last year while prices in Hyderabad rose to Rs 7,750 per sq. ft. in Q3 2025 from Rs 6,858 per sq. ft. in Q3 2024.
Other major markets, including Mumbai Metropolitan Region (MMR), Pune, Chennai, and Kolkata, saw 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 eight top residential markets stabilized in the July-September quarter, with a marginal 1 percent year-on-year dip in volume to 95,547 units sold. On quarterly basis, it registered 2.2 percent decline.
In sharp contrast, the total value of properties sold during the quarter surged by 14 percent annually to reach Rs 1.52 lakh crore, a clear indication of a market shift towards premiumization, the report said.
The report also highlighted that new supply across the top eight cities saw a 0.1 percent annual decline, with 91,807 units launched. However, new launches registered a 9.1 percent growth over the previous quarter, signaling cautious optimism among developers.
Yash Miglani, Managing Director, Migsun Group, said that within NCR, the Noida–Greater Noida corridor has evolved into a prominent location for both buyers and investors.
“The combination of expanding metro connectivity, new expressways, commercial growth, and planned infrastructure upgrades has made this belt one of the most promising residential destinations. We are witnessing a decisive shift toward sustainable appreciation and lifestyle-driven demand in this region,” he said.
Amlan Dutta, VP sales and strategy, Trehan Iris, said this growth has been supported by sustained end-user demand, greater preference for reputable developers, and significant progress in infrastructure development including expressway networks, metro connectivity and emerging commercial districts.
Sidharth Chowdhry, Managing Director, realty firm Dalcore, said that the real estate market in Delhi-NCR continues to grow steadily, supported by clear government policies, strong infrastructure development, and rising lifestyle aspirations.
“The region has become a key hub for luxury and branded residences, offering homebuyers better design, quality, and comfort. Gurugram continues to lead this trend with premium launches, while Noida is seeing strong growth in the mid-segment due to ongoing infrastructure improvements. Together, they reflect how balanced and dynamic the NCR market has become,” he said.
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