Overview

• Average prices in Delhi-NCR rose to ₹8,900 per sq ft in July–September, up 24% from a year earlier.
• Across seven major cities, average prices increased 9% year on year to ₹9,105 per sq ft, with MMR still the costliest at ₹17,230.
• Bengaluru posted a 10% rise to ₹8,870 per sq ft, Hyderabad 8% to ₹7,750, Pune 4% to ₹7,935, Chennai 5% to ₹7,010, and Kolkata 6% to ₹6,060.
• Quarter on quarter, prices across the seven cities rose only 1–3%, signaling a cooling after sharper post‑pandemic increases.
• Developers cite connectivity-led premiums and luxury demand as key drivers, while NCR new launches fell 11% year on year and 33% from Q2 with 70% of additions in luxury, prompting warnings that slower supply and sales could temper price momentum.