Exploring Property Price Trends in India’s Real Estate Market
What You Need to Know in 2025
India’s real estate market thrives on urbanization, income growth, and changing tastes. Knowing price trends helps buyers, investors, and enthusiasts make smart choices. Asraa Realty offers insights into Indian real estate trends, backed by data, to guide your decisions.
Market Snapshot
Indian real estate booms, set to hit $332.85 billion in 2025 and nearly $1 trillion by 2030, growing 24.25% annually. Residential properties, especially affordable housing and luxury homes, dominate 78.8% of the market, driven by city growth, a rising middle class, and PMAY Urban. In 2024, over 350,000 homes sold in top cities, up 6.54%. Luxury homes, priced over INR 10 million, surged 29%, making up 46% of sales.
In 2024, the residential property market recorded unprecedented sales, with 350,612 units sold across eight major cities (Mumbai, NCR, Bengaluru, Pune, Hyderabad, Ahmedabad, Kolkata, and Chennai), marking a 6.54% year-on-year growth [Knight Frank]. Notably, the luxury segment (properties priced above INR 10 million) accounted for 46% of total sales, reflecting a 29% year-on-year increase
Property Price Trends
Property prices in India grow 6% yearly over 20 years. Prices vary by region:
Delhi NCR jumped 31% in Q4 FY24, fueled by luxury demand.
Mumbai and Delhi rose 10% annually, while Kolkata and Bengaluru grew 5%.
Bengaluru soared 44% in two years, hitting INR 13,197/sq.ft.
Kolkata led 2024–25 with 29%, followed by Thane (17%) and Pune (15%).
Hyderabad grew 5%; Mumbai dipped 3% due to supply and costs.
The HPI shows home prices in eight cities climbed since 2017, up 5.9% in Q3 2023. Short-term shifts occur, like 4.66% growth in Q3 2018–19 per RBI’s index.
Key Drivers
Key factors drive Indian real estate trends:
Urban growth boosts housing demand in Mumbai and Bengaluru, raising prices.
More households earning over INR 30 lakh by 2031 demand mid and luxury homes.
PMAY Urban and tax breaks make affordable housing accessible.
Lower rates (8–11%) and RBI cuts attract first-time buyers to affordable homes.
Wealthy buyers and NRIs fuel a 75% surge in luxury home sales.
Where to Invest in 2025
Asraa Realty recommends these cities:
Bengaluru: IT boom and infrastructure yield 23% price growth in 2024.
Hyderabad: Low prices and metro expansion attract investors.
Pune: IT and manufacturing drive 15% growth.
Coimbatore: Low prices and new roads like Western Bypass shine.
Bengaluru and Hyderabad offer affordable housing to luxury homes.
Why Choose Asraa Realty?
Asraa Realty guides buyers and investors with expert advice, market data, and top properties for a smooth journey.
Looking Ahead
Indian real estate could hit $10 trillion by 2047. With better affordability and demand for green, lifestyle homes, 2025 is pivotal. Partner with Asraa Realty to lead.
Find Your Dream Home
Seeking affordable housing or luxury homes? Contact Asraa Realty now for expert help!
