Nagpur’s real estate market has surged ahead of major metros, with the city recording the fastest rise in housing prices among 18 major urban centres tracked by the Reserve Bank of India (RBI). According to the latest RBI Housing Price Index (HPI) data for the third quarter of 2025-26, Nagpur’s index has climbed to 138.24, placing it ahead of traditional real estate giants such as Mumbai (105.90) and Pune (112.41).
The RBI calculates the index based on actual property transactions reflected through stamp duty registrations, making it a strong indicator of real market demand. Nagpur’s index has risen sharply from around 98 in 2022-23 to 138.24 now, reflecting a significant increase in residential property values over the past three years. This growth signals strong buyer interest and sustained demand across the city.
Real estate experts attribute the sharp rise to large-scale infrastructure projects, expanding connectivity, and increased investor confidence in the region. Compared to Mumbai and Pune, Nagpur still offers relatively affordable property rates, which has drawn both end-users and investors seeking better returns.
With RBI data now confirming the city’s top position in price growth, Nagpur is no longer just an emerging market it has become one of the most dynamic housing destinations in the country. The sustained upward trend suggests that the city’s real estate momentum is likely to continue in the coming quarters
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