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Hindustan Times
4 days ago
- Business
- Hindustan Times
Delhi NCR, Bengaluru lead housing price surge; 1BHK demand rises amid affordability
India's housing price index (HPI) rose to 132 in March 2025, marking an eight-point year-on-year increase across 13 major cities, driven by sustained demand for residential properties, according to a report by REA India and the Indian School of Business. India's housing price index rose to 132 in March 2025, up 8 points YoY, driven by steady demand across 13 major cities, a REA India–ISB report said. (Representational Image)(ChatGPT) Delhi NCR led the surge with a 42-point jump compared to the previous year, fuelled by investor interest in premium corridors, despite affordability pressures. Bengaluru saw a 29-point rise, though recent trends suggest prices may be stabilising. Notably, the city also witnessed a sharp uptick in demand for 1BHK units, indicating a shift in buyer preferences amid rising real estate costs. The index for 3BHK units jumped 12 points in March alone, while 2BHKs, still the most popular among the middle class, remained steady with an index value of 132, it said. The Housing Price Index (HPI), a joint initiative between REA India's real estate classified platform and the Indian School of Business (ISB), tracks price trends across 13 are Ahmedabad, Bengaluru, Chennai, Faridabad, Gandhinagar, Ghaziabad, Greater Noida, Gurugram, Hyderabad, Kolkata, Mumbai, Noida, and Pune. Also Read: Luxury housing sales in Delhi NCR climb 9% in H1 2025 to 5168 units; Gurugram tops: JLL The housing price index of 13 major cities rose by eight points year-on-year to 132 during March this year on strong demand for residential properties, according to a report by REA India and Indian School of Business. The Housing Price Index (HPI), a joint initiative between REA India's real estate classified platform and the Indian School of Business (ISB), tracks price trends across 13 cities. Praveen Sharma, CEO of REA India ( noted that India's housing market is undergoing a 'healthy consolidation.' He said the recent period of price stagnation follows an extended bull run and is likely to set the foundation for more sustainable growth. He also said that improving affordability, rate cuts, and lifestyle-driven demand could encourage more buyers, especially those priced out in the previous quarter, to return to the market. According to Shekhar Tomar, Assistant Professor of Economics and Public Policy, ISB, the current period of stability signals a more mature housing cycle. 'This price stability is not a sign of weakness but of balance,' he said. 'From Delhi to Ahmedabad, demand remains steady thanks to rising incomes, lifestyle changes, and a shift toward long-term end-user purchases.' Also Read: RBI holds repo rate at 5.5% amid Trump tariff pressures; Home loan demand may rise during festive season Hyderabad saw a 25-point annual increase, with high demand continuing into 2025, although there were early signs of cooling. In Ahmedabad, the index moved from 113 to 121 owing to steady interest in 1BHKs and rental yield-driven investments, the report said. Chennai posted a modest 8-point increase year-on-year but declined slightly quarter-on-quarter, suggesting a short-term correction. Buyers in the city are leaning towards smaller units, with larger configurations losing traction. Kolkata registered a 15-point annual rise, reflecting steady demand in an affordability-driven market where smaller homes dominate. In contrast, Mumbai's housing market showed more subdued movement, recording only a 5-point annual gain. The city's high base continues to weigh on growth, although demand for compact homes like 1BHKs remains solid. Pune was the only major city to see a dip in the index, down 4 points on both annual and quarterly bases. This is attributed to uncertainties in the tech sector, although interest in larger 3BHKs among serious buyers continues to be strong, the report said.
Economic Times
4 days ago
- Business
- Economic Times
Housing price index of 13 major cities rises 8 points annually in March: Housing.com-ISB report
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel The housing price index of 13 major cities rose by eight points year-on-year to 132 during March this year on strong demand for residential properties, according to a report by REA India and Indian School of Housing Price Index (HPI), a joint initiative between REA India's real estate classified platform and the Indian School of Business (ISB), tracks price trends across 13 are Ahmedabad, Bengaluru, Chennai, Faridabad, Gandhinagar, Ghaziabad, Greater Noida, Gurugram, Hyderabad, Kolkata, Mumbai, Noida, and index shows a moderate 8-point increase to 132 in March this year, as against 124 in the same month last year. However, the index remained stagnant compared to February this year. In January 2025, the index was at 131 points."The Indian housing market is currently in a phase of healthy consolidation. After an extended period of price escalation across major cities, we are now seeing a welcome stabilisation in values. This price stagnation, while reflective of cautious market sentiment and supply-side adjustments, is also laying the foundation for more sustainable growth," said Praveen Sharma, CEO, REA India ( expected the trend to continue in the near term, which could encourage more end-users to return to the market."At the same time, with improving affordability due to recent rate cuts and strong underlying demand drivers such as income growth and lifestyle aspirations, we remain optimistic about the long-term resilience of the housing sector," Sharma Tomar, Assistant Professor of Economics and Public Policy at ISB, noted that price stability points to a more mature and balanced housing report noted that the price stabilisation in early 2025 reflects an interplay of global headwinds, cautious buyer sentiment, and reduced launches. PTI
Deccan Herald
4 days ago
- Business
- Deccan Herald
Housing price index of 13 major cities rises 8 points annually in March: Housing.com-ISB report
New Delhi, The housing price index of 13 major cities rose by eight points year-on-year to 132 during March this year on strong demand for residential properties, according to a report by REA India and Indian School of Housing Price Index (HPI), a joint initiative between REA India's real estate classified platform and the Indian School of Business (ISB), tracks price trends across 13 are Ahmedabad, Bengaluru, Chennai, Faridabad, Gandhinagar, Ghaziabad, Greater Noida, Gurugram, Hyderabad, Kolkata, Mumbai, Noida, and index shows a moderate 8-point increase to 132 in March this year, as against 124 in the same month last year. However, the index remained stagnant compared to February this year. In January 2025, the index was at 131 points.."The Indian housing market is currently in a phase of healthy consolidation. After an extended period of price escalation across major cities, we are now seeing a welcome stabilisation in values. This price stagnation, while reflective of cautious market sentiment and supply-side adjustments, is also laying the foundation for more sustainable growth," said Praveen Sharma, CEO, REA India ( expected the trend to continue in the near term, which could encourage more end-users to return to the market.."At the same time, with improving affordability due to recent rate cuts and strong underlying demand drivers such as income growth and lifestyle aspirations, we remain optimistic about the long-term resilience of the housing sector," Sharma Tomar, Assistant Professor of Economics and Public Policy at ISB, noted that price stability points to a more mature and balanced housing report noted that the price stabilisation in early 2025 reflects an interplay of global headwinds, cautious buyer sentiment, and reduced launches.
Time of India
4 days ago
- Business
- Time of India
Housing price index of 13 major cities rises 8 points annually in March: Housing.com-ISB report
The housing price index of 13 major cities rose by eight points year-on-year to 132 during March this year on strong demand for residential properties, according to a report by REA India and Indian School of Business. The Housing Price Index (HPI), a joint initiative between REA India's real estate classified platform and the Indian School of Business (ISB), tracks price trends across 13 cities. Productivity Tool Zero to Hero in Microsoft Excel: Complete Excel guide By Metla Sudha Sekhar View Program Finance Introduction to Technical Analysis & Candlestick Theory By Dinesh Nagpal View Program Finance Financial Literacy i e Lets Crack the Billionaire Code By CA Rahul Gupta View Program Digital Marketing Digital Marketing Masterclass by Neil Patel By Neil Patel View Program Finance Technical Analysis Demystified- A Complete Guide to Trading By Kunal Patel View Program Productivity Tool Excel Essentials to Expert: Your Complete Guide By Study at home View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Orthopedic Knee Surgeon: Suffering From Pain After Age 50? Do This Every Morning Wellnee Undo These are Ahmedabad, Bengaluru, Chennai, Faridabad, Gandhinagar, Ghaziabad, Greater Noida, Gurugram, Hyderabad, Kolkata, Mumbai, Noida, and Pune. The index shows a moderate 8-point increase to 132 in March this year, as against 124 in the same month last year. However, the index remained stagnant compared to February this year. In January 2025, the index was at 131 points. "The Indian housing market is currently in a phase of healthy consolidation. After an extended period of price escalation across major cities, we are now seeing a welcome stabilisation in values. This price stagnation, while reflective of cautious market sentiment and supply-side adjustments, is also laying the foundation for more sustainable growth," said Praveen Sharma, CEO, REA India ( Live Events He expected the trend to continue in the near term, which could encourage more end-users to return to the market. "At the same time, with improving affordability due to recent rate cuts and strong underlying demand drivers such as income growth and lifestyle aspirations, we remain optimistic about the long-term resilience of the housing sector," Sharma said. Shekhar Tomar, Assistant Professor of Economics and Public Policy at ISB, noted that price stability points to a more mature and balanced housing market. The report noted that the price stabilisation in early 2025 reflects an interplay of global headwinds, cautious buyer sentiment, and reduced launches. PTI
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Business Standard
4 days ago
- Business
- Business Standard
Housing price index of 13 cities rises 8 points annually in March: Report
The housing price index of 13 major cities rose by eight points year-on-year to 132 during March this year on strong demand for residential properties, according to a report by REA India and Indian School of Business. The Housing Price Index (HPI), a joint initiative between REA India's real estate classified platform and the Indian School of Business (ISB), tracks price trends across 13 cities. These are Ahmedabad, Bengaluru, Chennai, Faridabad, Gandhinagar, Ghaziabad, Greater Noida, Gurugram, Hyderabad, Kolkata, Mumbai, Noida, and Pune. The index shows a moderate 8-point increase to 132 in March this year, as against 124 in the same month last year. However, the index remained stagnant compared to February this year. In January 2025, the index was at 131 points. "The Indian housing market is currently in a phase of healthy consolidation. After an extended period of price escalation across major cities, we are now seeing a welcome stabilisation in values. This price stagnation, while reflective of cautious market sentiment and supply-side adjustments, is also laying the foundation for more sustainable growth," said Praveen Sharma, CEO, REA India ( He expected the trend to continue in the near term, which could encourage more end-users to return to the market. "At the same time, with improving affordability due to recent rate cuts and strong underlying demand drivers such as income growth and lifestyle aspirations, we remain optimistic about the long-term resilience of the housing sector," Sharma said. Shekhar Tomar, Assistant Professor of Economics and Public Policy at ISB, noted that price stability points to a more mature and balanced housing market. The report noted that the price stabilisation in early 2025 reflects an interplay of global headwinds, cautious buyer sentiment, and reduced launches. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
