The dream of buying a house is now becoming increasingly expensive in the big cities of the country. Especially in cities like Bengaluru, Mumbai and Delhi-NCR, there has been a huge jump in property prices. According to the latest report by real estate consultant PropTiger, in the January-March 2026 quarter, an annual increase of 3% to 24% was recorded in house prices in eight big cities of the country. The biggest jump was seen in Bengaluru, where house prices increased by 24%.
The average price of residential property in IT hub Bengaluru has increased to ₹9,785 per square foot. According to the report, the strong job market, presence of big IT companies and rapidly growing startup ecosystem here have significantly strengthened the housing demand. This is the reason why Bengaluru left all the big cities behind.
It is difficult to buy property in Mumbai also
An increase of 20% was recorded in the prices of houses in Mumbai Metropolitan Region i.e. MMR. The average property rate here has reached ₹ 15,120 per square foot. Mumbai is already counted among the most expensive real estate markets in the country and now the new hike has further increased the troubles of common buyers.
Prices increased rapidly in Delhi-NCR also
Even in Delhi-NCR, buying a house has become much more expensive than before. According to the report, property prices here increased by 18% and the average rate reached ₹9,534 per square foot. Experts say that better infrastructure, expressways, metro connectivity and increasing demand for luxury housing are the major reasons for this.
Prices increased in Pune and Hyderabad also
House prices have increased by 12% in Pune and 11% in Hyderabad. Whereas an increase of 8% was recorded in Ahmedabad, 7% in Kolkata and 3% in Chennai. Experts believe that now the real estate market has become more organized and stable than before. People’s confidence has increased and the demand for projects with better locations is continuously increasing. Additionally, limited inventory and demand for premium housing are also driving prices higher.
SK Sharma is a content writer who writes on news, entertainment, and lifestyle topics. She has over four years of experience and is known for conveying information in simple and clear language.
