1 / 9Housing prices in India’s top eight cities, Ahmedabad, Bengaluru, Chennai, Delhi NCR, Hyderabad, Kolkata, MMR, and Pune, recorded a 10% year-on-year increase in Q4 2024, according to a report by CREDAI, Colliers, and Liases Foras. Here’s a look at the cities/regions that saw the highest rise in housing prices: (Image: Shutterstock)
2 / 9Delhi NCR Sees Unprecedented Housing Price Surge | Delhi NCR recorded the highest YoY price growth among India’s top cities, with a 31% surge in housing prices. Luxury and ultra-luxury demand drove this increase, with Dwarka Expressway up 58% YoY and Greater Noida up 52% YoY. The Jewar International Airport is expected to further fuel price hikes in the region. (Image: Shutterstock)
3 / 9Bengaluru’s Housing Market Booms | Bengaluru witnessed a 23% rise in housing prices in Q4 2024, making it the second-fastest-growing market in India. Strong IT sector growth, infrastructure upgrades, and high demand for ready-to-move-in homes fueled this increase, with key areas like Periphery & Outer West Bengaluru seeing up to 15% YoY appreciation. (Image: Shutterstock)
4 / 9Ahmedabad’s Housing Market Continues Steady Price Appreciation | Ahmedabad saw a 15% year-on-year rise in housing prices in Q4 2024, driven by rising investor confidence and infrastructure development. The city’s steady price appreciation makes it an attractive market for both buyers and investors. (Image: Shutterstock)
5 / 9Pune’s Housing Market Heats Up Amidst Rising Prices & Dropping Inventory | Pune’s housing prices climbed 9% year-on-year, while unsold inventory dropped by 14%—the highest decline among major cities. Popular micro-markets like Baner and Nagar Road saw strong demand, with infrastructure projects boosting homebuyer interest. (Image: Shutterstock)
6 / 9Chennai Sees Stable Price Growth & Drop in Unsold Inventory | Chennai recorded a 6% year-on-year price increase, alongside a 7-10% decline in unsold inventory. The city’s IT corridor and suburban areas remain attractive to homebuyers seeking affordable and mid-segment properties. (Image: Shutterstock)
7 / 9MMR Sees Strong Growth as Luxury Housing Fuels Price Hikes | The Mumbai Metropolitan Region (MMR) remains India’s most dynamic real estate market, with a 3% YoY price rise in Q4 2024 driven by premium housing demand. Despite accounting for 40% of India’s unsold inventory, MMR saw inventory levels drop for the first time in three years, reflecting renewed buyer confidence. (Image: Shutterstock)
8 / 9Hyderabad’s Real Estate Market Strengthens with Drop in Unsold Inventory | Hyderabad’s real estate market remained stable, with a 2% YoY price increase and a 13% drop in unsold inventory. Strong demand in mid-segment housing and infrastructure-driven growth continues to position Hyderabad as a key investment hub. (Image: Shutterstock)
9 / 9Kolkata’s Housing Market Grows with a Decline in Unsold Inventory | Kolkata’s housing market saw a 1% annual price increase and a 7-10% YoY reduction in unsold inventory, supported by healthy demand in key locations like New Town and Rajarhat. With rising commercial development and infrastructure expansion, Kolkata remains a growing residential market. (Image: Shutterstock)
