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Indian Property Prices Rise Across 15 Cities in H1 2026
Property prices went up in all 15 Indian cities studied during the first half of 2026.
Faridabad and Delhi had the biggest yearly increases, at 18% each.
Ghaziabad was next, with prices rising 15%.
Bengaluru was the strongest-growing major southern city, with 9% growth.
Mumbai sold the most homes, with 47,355 sales.
Some cities had slower sales or fewer new homes being launched.
More buyers chose expensive homes costing over ₹1 crore.
Builders mostly did not lower listed prices, but offered benefits such as easier payment plans and fee waivers.
Faridabad and Delhi recorded the highest annual property-price growth at 18% each.
Ghaziabad followed with 15% annual growth, while Bengaluru posted 9% growth.
Mumbai remained the largest housing market by sales volume, with 47,355 homes sold.
Homes priced above ₹1 crore made up 54% of sales, up from 49% a year earlier.
Developers largely maintained headline prices while offering payment plans, stamp-duty waivers and subvention schemes.
- Who
- The report covers residential property markets in 15 Indian cities, including Faridabad, Delhi, Ghaziabad, Bengaluru and Mumbai.
- What
- Property prices rose annually across all 15 cities during the period covered, with Faridabad and Delhi leading at 18% growth.
- Where
- The markets are located across India, including the National Capital Region, southern India, western India and eastern India.
- When
- The comparison covers the first half of 2026, with annual and preceding six-month changes also reported.
- Why
- Prices rose partly because expensive homes made up a larger share of sales, while developers used incentives instead of broadly reducing headline prices.
Key facts
- Top annual growth
- Faridabad and Delhi each recorded 18% property-price growth.
- Sharpest six-month increase
- Delhi recorded a 16% increase in the first six months of 2026.
- Highest reported average price
- Mumbai averaged ₹36,881 per sq metre among the cities with prices specified.
- Largest housing market by sales
- Mumbai recorded 47,355 home sales during the period.
- Luxury-home share
- Homes priced above ₹1 crore accounted for 54% of sales, compared with 49% a year earlier.
- Strongest supply growth
- Pune recorded a 17% year-on-year increase in new housing launches.
- Lowest annual growth
- Navi Mumbai and Ahmedabad recorded the lowest annual growth, at 3% each.
Sources
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