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Strong end-user demand, particularly from the IT sector, coupled with rapid infrastructure development and a shift towards premium housing, has driven up property prices in Bengaluru, Hyderabad, and Delhi-NCR during the September quarter of 2025, according to a report by real estate consultancy PropTiger, owned by Aurum PropTech. The three markets, which together accounted for over 35% of the 91,807 new residential units launched across the top eight cities, recorded price rises between 13% and 19% year-on-year. Delhi-NCR led the surge with a remarkable 19% YoY and 9.8% QoQ appreciation, supported by strong demand for luxury homes and major infrastructure upgrades. The weighted average price of homes in the region rose from Rs 7,479 per sq ft in Q3 2024 to Rs 8,900 per sq ft in Q3 2025. Bengaluru saw robust double-digit growth of 15% YoY and 12.6% QoQ, with prices rising to Rs 8,870 per sq. ft. from Rs 7,713 per sq. ft. a year earlier. Hyderabad followed with 13% YoY and 4.6% QoQ growth, taking the average price to Rs 7,750 per sq. ft. in Q3 2025 from Rs 6,858 per sq. ft. in Q3 2024. “The growth we’re seeing in Bengaluru and Hyderabad reflects a larger transformation in India’s urban economy, driven by technology, talent, and aspiration,” said Karishmah Siingh, President – Sales, Marketing and CRM, Sattva Group. “As the IT and GCC sectors expand, families are seeking integrated communities that support both professional and personal well-being. At Sattva, we’re focused on creating future-ready neighbourhoods that blend design, infrastructure, and community living.” Bengaluru recorded sales of 13,124 units, up 17.6% YoY, even as new supply fell 11.9% to 12,311 units, reflecting developers’ focus on completing existing projects. Hyderabad, meanwhile, led sales among the top eight cities with 17,658 units, up 52.7% YoY, while new supply jumped 46.6% to 12,530 units in Q3 2025. Bhavesh Kothari, founder & CEO, Property First Realty, said, “Bengaluru’s housing market is witnessing a remarkable surge in demand, driven by the city’s expanding tech ecosystem, rising disposable incomes, and aspiration for quality living. Buyers are showing greater maturity, preferring lifestyle and long-term value over speculative investments.” Reiterating Delhi-NCR’s lead, Ashok Kapur, Chairman, Krishna Group and Krisumi Corporation, said, “The sharp rise in property prices across NCR reflects sustained demand for quality homes. Infrastructure growth, including the inauguration of the Dwarka Expressway and UER-II, has enhanced connectivity and boosted buyer confidence. Rising incomes and GST reforms have further supported purchasing power, particularly in the premium segment.” Other major markets, including MMR, Pune, Chennai, and Kolkata, posted healthy single-digit price growth, underscoring broad-based developer confidence and sustained buyer appetite for appreciating assets. Overall housing sales across top eight cities stood at 95,547 units, down 1% YoY in volume terms, but the total value of properties sold surged 14% annually to Rs 1.52 lakh crore, signalling a clear market shift towards premiumisation. The top eight cities tracked by PropTiger include Ahmedabad, Bengaluru, Chennai, Hyderabad, Kolkata, NCR (Gurugram, Noida, Greater Noida, Ghaziabad, and Faridabad), MMR (Mumbai, Navi Mumbai, and Thane), and Pune. Sidharth Chowdhry, managing director of Dalcore, said, “The real estate market in Delhi-NCR continues to grow steadily, backed by policy clarity, infrastructure progress, and rising lifestyle aspirations. Gurugram is leading premium launches, while Noida is seeing strong traction in the mid-segment. Homebuyers now seek spaces that match their lifestyle and aspirations, and our focus is on creating homes that blend design, detail, and community.” Sumit Ranjan, COO of Roots Developers, said, “Delhi-NCR remains the frontrunner in India’s real estate growth story. Key corridors like the Dwarka Expressway have become catalysts for price appreciation and investor confidence, reaffirming NCR’s position as a future-ready housing market.” Akash Kohli, founder & CEO of Elante Group, said, “India’s housing market continues to display strong resilience led by premium and luxury demand. The 19% growth in Delhi-NCR highlights the region’s transformation driven by infrastructure and rising consumer ambitions, a clear signal of growing trust in real estate as a high-performing asset class.”
