India's real estate market demonstrated strength in Q3 2025, with 87,603 residences sold in the leading eight cities, a 1% increase year-over-year, fueled by robust demand for luxury homes, which now represent 52% of overall sales, as reported by Knight Frank India. New launches fell 2% year-over-year to 88,655 units. Concurrently, prices surged significantly in key markets, with the National Capital Region (NCR) increasing by 19%, Bengaluru by 15%, and Hyderabad by 13%. Mumbai continued to be the biggest market with 24,706 units sold (+2% YoY), accounting for 28% of overall sales, while Chennai achieved the highest growth rate at 12% YoY with 4,617 units, marking its peak sales since the pandemic. Other cities like NCR (12,955 units) and Bengaluru (14,538 units) demonstrated consistent sales High-end real estate remains a key factor in the sector's upward trend, which has now persisted for five years. Residences valued over Rs. 1 crore (US$ 112,688.75) represented more than half of total sales, with the Rs. 1-2 crore (US$ 112,688-225,377) category increasing 17% year over year and the Rs. The luxury segment of 10-20 crore (US$ 1.13-2.25 million) is experiencing a 170% year-on-year increase, indicating robust urban interest in more spacious, premium real estate. Even with a 4% year-over-year rise in unsold inventory to 5.06 lakh units, the market stays balanced, showing Quarters to Sell (QTS) at 5.8, which equals under 18 months of stock. Price increase continues to be strong in NCR, Bengaluru, and Hyderabad at 19%, 15%, and 13% year-over-year, respectively. Mr. Shishir Baijal, Chairman & Managing Director of Knight Frank India, observed that the market’s momentum highlights changing buyer expectations and the ongoing importance of premium housing in fostering growth