India, Aug. 7 -- India's housing price index (HPI) rose to 132 in March 2025, marking an eight-point year-on-year increase across 13 major cities, driven by sustained demand for residential properties, according to a report by REA India and the Indian School of Business.

Delhi NCR led the surge with a 42-point jump compared to the previous year, fuelled by investor interest in premium corridors, despite affordability pressures. Bengaluru saw a 29-point rise, though recent trends suggest prices may be stabilising. Notably, the city also witnessed a sharp uptick in demand for 1BHK units, indicating a shift in buyer preferences amid rising real estate costs.

The index for 3BHK units jumped 12 points in March alone, while 2BHKs, still the m...