The property prices across India’s top eight residential markets recorded a significant appreciation from 7% to 19% year – on – year in the July – September quarter of 2025, as reported by Prop Tiger. This growth trajectory is primarily attributed to strong end – user demand in the premium segment, consistently elevated input costs for construction, and a limited inventory of quality homes. Following Delhi NCR, Bengaluru, and Hyderabad showed a double – digit price growth. Other major markets like the Mumbai Metropolitan Region (MMR), Pune, Chennai, and Kolkata saw a single digit price rise, reflecting a growing developer confidence and sustained buyer interest.
A shifting preference towards premium lifestyle
The report also highlights a clear shift towards premiumization in housing demand. While housing sales volume across the eight prime cities saw a marginal 1% YoY dip, the total value of properties sold surged by 14% annually to Rs 1.52 lakh crore, indicating that buyers are opting for high – value properties. Buyers now seek dedicated wellness centers that go beyond basic gyms. There is a high demand for properties which ensure superior air and water quality via advanced purification systems. Along with this, buyers also seek for advanced security and multifunctional amenities that allow them to work from homes. Premium buyers also desire low – density developments with better privacy, expansive balconies, and personalized interior design options.
Delhi NCR: Price leader with 19% jump
Delhi NCR proved to be a leader in the price appreciation graph, recording a remarkable 19% YoY increase in its weighted average property price, which rose from Rs 7,479 per sq. ft in Q3 2024 to Rs 8,900 per sq. ft. in Q3 2025. This steep surge was driven by sustained demand for luxury properties and infrastructure development throughout the region. Areas like Gurugram, especially along corridors such as the Dwarka Expressway, have emerged as major catalysts, with rapid completion of major projects and premium residential launches boosting both buyer confidence and overall property values. The 29 km, 16 lane access – controlled highway provides easy connectivity to the Indira Gandhi International Airport and is a crucial link between Delhi and Gurugram’s commercial districts.
Other micro markets like Sohna and the Southern Peripheral Road are also spearheading the growth phase of Gurugram. This surge is driven by infrastructure projects like the Delhi – Mumbai Expressway and the upcoming IMT Sohna industrial hub. The SPR, connecting key corridors like the Golf Course Extension Road, has also emerged as a major growth engine, benefiting from its proximity to corporate hubs and business parks.
Mr. Mohit Malhotra, Founder & CEO, Neoliv said, “The latest PropTiger report positions Delhi-NCR as the frontrunner in housing price appreciation, Within this regional upswing, post Gurgaon and Noida, best emerging market is now Faridabad which stands out as a high-potential micro-market, benefiting from accelerated infrastructure growth and enhanced connectivity across the NCR. The upcoming Jewar Airport, along with multiple expressway and metro link projects, is set to further elevate the region’s attractiveness for both end-users and investors. At Neoliv, our plotted development in Faridabad is designed to align with this new wave of growth offering well-planned, future ready living spaces that blend lifestyle, investment potential, and long term value.”
According to Mr. Akash Kohli, founder and CEO of Elante Group, "India's housing market continues to demonstrate remarkable resilience and upward momentum, led by strong demand in the premium and luxury categories." The remarkable 19% growth in Delhi-NCR highlights the region's metamorphosis, which has been fueled by strong infrastructure development and growing consumer ambitions. This is a reflection of changing consumer preferences for quality, lifestyle, and long-term value creation, according to Elante Group. The momentum suggests that both investors and end users continue to have faith in real estate as a high-performing asset class."
Mr. Sumit Ranjan, COO, Roots Developers said, “Delhi-NCR continues to be the frontrunner in India's real estate growth story, and the recent Proptiger Q3 2025 report further validates this momentum. With a robust 19% YoY and 9.8% QoQ price appreciation, the region placed itself as benchmark of sustained demand and infrastructure-led growth. Key corridors like the Dwarka Expressway have emerged as catalysts, driven by rapid infrastructure completion, enhanced connectivity, and premium residential launches. This growth trajectory reflects not just rising buyer confidence but also Delhi-NCR's evolution into a future-ready market that continues to attract both end-users and investors alike.”
Mr. Gaurav K Singh, Founder & Chairman, Womeki Group said, "Delhi NCR's housing market is showing a growth pattern, given the 19% price growth reported by Prop Tiger in its latest report. Noida has emerged as the region's frontrunner in both appreciation and buyer interest. Noida's prominent micro markets especially Jewar airport & FNG Expressway are witnessing development propelled by new infrastructure projects and demand. Property prices took a hike in these micro markets since buyers increasingly pursue quality and lifestyle with premium amenities. As a result, Noida has become the most attractive destination for end users and investors."
Delhi NCR’s real estate market continues to demonstrate strong growth, driven by evolving buyer preferences and rising demand for premium, lifestyle-oriented homes. Experts highlight that strategic infrastructure, connectivity, and quality developments are making the region an attractive choice for both end-users and investors. The market’s resilience and upward momentum signal sustained confidence and a promising future for real estate in Delhi NCR.
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