Delhi-NCR and Bengaluru housing prices rose 29% year-on-year in Q3, driven by demand and cost increases.

Housing prices in Delhi-NCR and Bengaluru rose 29% year-on-year in the July-September quarter, driven by robust demand, high input costs, and increased luxury home supply, as reported by Anarock. Average prices reached Rs 7,200 per square foot in Delhi-NCR and Rs 8,100 in Bengaluru. Despite an 11% drop in housing sales, demand remains strong, with expectations for market stabilization and potential discounts during the festive season.

September 29, 2024
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