Delhi-NCR Housing Price Growth Slows to 6% in 2025 While Bengaluru Leads With 13% Surge: PropTiger Report
India’s residential real estate market witnessed a shift in momentum in 2025, with housing prices in Delhi-NCR registering a modest 6% increase, according to a report by PropTiger. This comes after a sharp 49% surge in 2024, indicating a stabilization phase following an extended period of aggressive price appreciation. The moderation reflects a more balanced market where demand remains present but is no longer driving steep price escalations.
Across India’s top eight cities, housing prices grew at an average annual rate of 6% in 2025, compared to a stronger 17% rise in 2024. Delhi-NCR’s average property rates climbed to Rs 8,570 per square foot from Rs 8,105 per square foot. This slower growth is largely attributed to affordability concerns and cautious buyer sentiment after consecutive years of significant price increases between 2022 and 2024.
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Among all major cities, Bengaluru emerged as the top performer, recording a 13% increase in housing prices, reaching Rs 8,533 per square foot. The growth has been fueled by strong end-user demand, expansion of global capability centers, and continuous job creation in the technology sector. Improved infrastructure and steady migration into the city have further strengthened housing demand, making Bengaluru one of the most resilient real estate markets in India.
Other cities showed mixed trends. Ahmedabad and Hyderabad saw healthy growth of 8% each, reflecting strong economic activity and sustained housing demand. Meanwhile, Mumbai Metropolitan Region experienced moderate growth of 4%, Pune recorded marginal growth of 1%, and Chennai remained flat, indicating a more cautious market environment. These variations highlight how local economic drivers and supply-demand dynamics continue to shape regional real estate performance.
Industry experts believe that despite slower price growth, the Indian housing market remains fundamentally strong. Developers have maintained pricing discipline while keeping inventory under control, ensuring long- term stability. As India moves into 2026, the combination of infrastructure development, urban migration, and economic expansion is expected to support steady and sustainable growth in residential real estate across key cities, including Delhi-NCR.
