Property Rates Still Rising, But Slower: Is This The Right Time To Buy In These 8 Cities?

Last Updated:February 17, 2026, 14:52 IST

According to PropTiger, home prices in 8 major cities rose 6% in 2025, slower than 2024. Is this stabilising trend the right time to invest? Experts weigh in

Since the pandemic, property prices across Delhi-NCR and other major Indian cities have surged sharply, pushing up the cost of land, plots and flats and leaving many buyers concerned. Now, however, the market appears to be entering a more balanced phase, offering cautious optimism to home seekers.

According to recent data from PropTiger, acquired by Aurum PropTech, average residential prices across India’s top eight cities rose by 6% annually in 2025.

Although prices continue to increase, the growth rate has eased compared to 2024, a shift experts view as a sign of stability and sustainable long-term expansion.

Delhi-NCR Records Moderate Price Rise

In Delhi-NCR, average residential property prices rose 6% in 2025, increasing from Rs 8,105 per square foot to Rs 8,570 per square foot. For buyers and investors, this moderation is encouraging. After the sharp spikes seen in 2024, the current stabilisation signals a maturing market rather than a slowdown.

Omkar Shetye, Executive Director of Aurum PropTech, noted that despite a slight dip in sales volumes, prices remain firm due to disciplined supply management. Developers have prioritised price stability over heavy discounting and have managed unsold inventory efficiently, creating a solid price base for 2026.

Performance Of Other Major Cities

Other metropolitan markets also reflected steady trends:

• Ahmedabad: Prices rose 8% to Rs 4,754 per square foot.
• Mumbai Metropolitan Region (MMR): A 4% increase to Rs 13,164 per square foot.
• Pune: Marginal 1% rise.
• Kolkata: 6% growth.
• Bengaluru: Highest increase at 13%.
• Hyderabad: Strong 8% rise.
• Chennai: Prices remained largely stable, reflecting consistent demand.

Experts believe that after steep increases between 2022 and 2024, the market is naturally adjusting due to the high base effect.

While growth rates have eased, prices continue to rise steadily, indicating sustained, more thoughtful demand rather than speculative buying.

Infrastructure And Transparency Boost Confidence

Infrastructure upgrades, metro expansions, expressways, and improved connectivity in NCR have strengthened demand fundamentals. The increasing share of organised developers and enhanced transparency have further boosted buyer confidence.

Stable interest rates and accessible home loans have also supported residential demand.

Industry Leaders See Sustainable Cycle

Yash Miglani, MD of Migson Group, described the 6% rise as a sign of maturity rather than slowdown, adding that demand is now more need-based and balanced.

Sanjay Sharma, Director of SKA Group, stated that after the steep increases from 2022 to 2024, the current stability marks the beginning of a more sustainable growth phase supported by long-term infrastructure projects.

Amit Modi, Director of County Group, said controlled price appreciation shows the market is becoming structured and data-driven, with buyers prioritising quality, location, and developer credibility.

Kushagra Ansal, Director of Ansal Housing, emphasised that stable interest rates, improved employment, and rapid urbanisation are sustaining both premium and mid-segment demand in NCR. Planned project launches are also reducing the risk of oversupply.

A Balanced And Investment-Friendly Market

Overall, India’s residential real estate market appears to be entering a more balanced and sustainable phase.

Moderate price growth, disciplined supply, strong infrastructure support, and informed buyer behaviour are shaping a stable foundation for long-term investment.

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