Bengaluru Leads Housing Price Growth at 14.5%; Hyderabad Records 5.6%

Bengaluru recorded the strongest annual residential property price growth among six major Indian housing markets in the July–September quarter of 2026, with prices increasing 14.5%, according to a NoBroker report published on October 26 and reported by Hindustan Times.

The National Capital Region (NCR) followed with 10.6% growth, while Chennai recorded 10.2%. Prices rose 8.9% in the Mumbai Metropolitan Region (MMR), 7.7% in Pune and 5.6% in Hyderabad.

Bengaluru Benefits from Demand and Tighter New Supply

Bengaluru’s average residential price rose to ₹11,293 per square foot from ₹9,863 a year earlier. The report attributed the increase to 14% demand growth alongside a 12% decline in new launches, which limited the supply of newly introduced homes.

Hyderabad Records More Moderate Appreciation

Hyderabad’s average residential price reached ₹8,732 per square foot, representing 5.6% annual growth. This was lower than the 9% growth reported for the previous quarter and closer to the 5.1% recorded in the first quarter of 2026.

The report linked the moderation to a sizeable pipeline of housing completions and comparatively modest demand growth. Pune also recorded slower appreciation, at 7.7%, while its average price stood at ₹8,622 per square foot.

Different Markets, Different Conditions

The report indicates that housing price trends depend on local supply, buyer demand and the mix of homes being launched. Bengaluru’s combination of stronger demand and fewer new launches contrasted with markets where a wider choice of available homes may be limiting price increases.

Market Perspective

A citywide average should not be treated as a guaranteed price movement for every neighbourhood or project. Buyers in Hyderabad should compare similar properties in the same micro-market, including carpet area, construction quality, possession schedule and actual transaction values.

Moderating price growth does not automatically mean prices will fall. Buyers and investors should assess affordability, rental demand and the developer’s track record before making a decision.