Housing prices in Bengaluru’s Bagaluru have increased by 90% since 2020, thus making it the top micro-market currently performing among the major Indian cities analysed by Anarock. This is due to rapid infrastructure development and increased demand following the presence of top educational institutions, healthcare facilities, and IT companies.
Following Bagaluru, Hyderabad’s Kokapet and Bengaluru’s Whitefield saw significant price increases of 89% and 80%, respectively. Delhi-NCR’s Dwarka Expressway also experienced a 79% rise in property prices.
In a broader analysis of property trends, Anarock examined the top three micro-markets in seven major cities based on new supply over the last five years. Besides Bagaluru, Bengaluru’s Sarjapur Road saw a 58% price increase, reflecting the city’s growing appeal. Hyderabad also made a strong showing, with Bachupally and Tellapur recording 57% and 53% price growth, respectively.
In the Mumbai Metropolitan Region (MMR), Panvel experienced a 50% rise in property prices, while Dombivli saw a 40% increase. Meanwhile, the Delhi-NCR’s New Gurugram region saw a 48% price rise.
Real estate experts attribute these trends to the significant infrastructure improvements in these regions, including enhanced connectivity and the development of commercial hubs. Additionally, the proximity of these areas to key amenities and employment centres has further fueled demand.
Even the Dwarka Expressway’s growth is mainly because of its location near Delhi airport and ongoing infrastructure projects. Similarly, the rapid development of residential and commercial facilities in North Bengaluru has made it a hotspot for property investment.
The real estate market of India is on an upward growth trajectory, particularly in regions where infrastructure and amenities are rapidly growing.
