India’s Housing Market Cools as Price Growth Slows Sharply in Q2 2025-26

A dramatic slowdown hits India’s real estate—some cities thrive while others stall. What’s behind the sudden shift in home prices?

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2025 November 28 . 7:01 PM

1 min read

In this image I can see a building where best buy is written on it. I can also see number of trees... — In this image I can see a building where best buy is written on it. I can also see number of trees outside of it. Here I can see the door.

India’s Housing Market Cools as Price Growth Slows Sharply in Q2 2025-26

House prices in India showed mixed trends in the second quarter of 2025-26. While some cities saw strong gains, the overall growth slowed sharply compared to last year. The national index even recorded a slight drop from the previous quarter.

The All-India House Price Index (HPI) rose by just 2.2% in Q2 2025-26, a significant slowdown from the 7% increase seen in the same period last year. This weaker growth came despite gains in certain cities.

The latest figures highlight a cooling trend in India’s housing market. While a few cities still experienced price growth, the national index fell quarter-on-quarter. The sharp slowdown from last year’s 7% rise suggests a shift in market conditions.