India's housing market could surpass Rs 6.65 trillion in sales value in FY26, led by strong demand for luxury and ultra-luxury homes, even as sales volumes see muted growth, according to Anarock
Chennai leads the Housing Sentiment Index JAS 2025 by Magicbricks, driven by stable pricing, steady demand, improved connectivity, and strong end-user participation
Hyderabad, Bengaluru, and Chennai together have seen a 47 per cent increase in sales of residential properties during the July-September period, despite an overall marginal fall in demand across eight major cities, according to PropTiger. Housing sales in three major southern cities -- Hyderabad, Bengaluru, and Chennai -- stood at 38,644 units during the September quarter, up 47 per cent from 26,284 units in the year-ago period. Real estate consultant PropTiger, which has recently been acquired by listed entity Aurum PropTech Ltd, data showed that the sales of residential properties in Hyderabad grew 53 per cent to 17,658 units from 11,564 units. In Bengaluru, the housing sales rose 18 per cent to 13,124 units from 11,160 units. Housing sales in Chennai more than doubled to 7,862 units during the July-September period this year from 3,560 units in the corresponding period of the preceding year. Overall, India's top-eight primary housing markets (first-sale) saw a 1 per cent declin
In Q2 FY26, the company sold an area of 0.86 million square feet (msf), down 17 per cent Y-o-Y but 2 per cent higher on a Q-o-Q basis
Nuvama Institutional Equities maintained its 'Buy' rating on the stock, while slightly trimming its target price to ₹1,966 from ₹2,009, reflecting a valuation rollover to Q2FY28E.
Housing sales in Mumbai region and Pune dropped 17 per cent in July-September period to 49,542 units on lower demand amid a sharp surge in prices of residential properties, according to PropEquity. Sales stood at 59,816 units in the year-ago period. In its latest report, real estate data analytics firm PropEquity pointed out that sales in the primary housing market of Thane in Mumbai Metropolitan Region (MMR) saw a 28 per cent decline in sales to 14,877 units from 20,620 units. In Mumbai city, sales dipped 8 per cent to 9,691 units from 10,480 units, while Navi Mumbai witnessed a 6 per cent fall to 7,212 units from 7,650 units. In Pune, a key housing market in Maharashtra, the housing sales fell 16 per cent to 17,762 units during July-September 2025 from 21,066 units in the corresponding period of the preceding year. Commenting on the market scenario of MMR, realtors apex body CREDAI's Mumbai chapter said that fall in sales during the September quarter was not a cause for concern
HDFC Capital-backed proptech startup Reloy, which helps builders generate referral sales, expects 75 per cent growth in its revenue this fiscal to Rs 50 crore on strong demand for housing properties. The company posted a 60 per cent jump in gross revenue to Rs 28.5 crore in 2024-25 from Rs 17.8 crore in the preceding financial year. "We are expecting to clock a Rs 45-50 crore revenue in the current fiscal," Reloy founder and CEO Akhil Saraf told PTI. Reloy manages customers and property brokers on behalf of its builder clients through dedicated mobile applications, and it gets a nominal commission on referral sales. Saraf said the company's performance in the first six months of this fiscal year has been very strong. Reloy is targeting to facilitate Rs 3,500 crore worth of sales in the current fiscal compared to Rs 2,000 crore through referral-led sales in the last fiscal, Saraf said, highlighting that referral sales in the first six months of this fiscal have already surpassed th
Housing sales across India's top seven cities fell 9% YoY in Q3 2025, but sales value rose 14% to Rs 1.52 trillion as luxury housing drove new launches and demand
Icra projects housing sales in top seven cities to fall up to 3 per cent in FY26, even as new launches recover and listed developers consolidate market share
Demand for affordable housing projected to reach 30 mn units by 2030
Affordable home sales are likely to be hit by the proposed US tariffs on Indian exports, which will hurt small businesses and income of their staff who are major buyers of housing properties costing up to Rs 45 lakh, according to realty consultant Anarock. Micro, Small and Medium Enterprises (MSMEs) account for a significant chunk of goods exports to the US, and a higher tariff will mean their products becoming less competitive. Such a scenario will result in reduced business orders and, in turn, adversely impact the staff employed by these enterprises. In a statement on Monday, Anarock pointed out that sales and launches of affordable homes have already gone down post-COVID-19 pandemic. Out of 1.9 lakh housing units sold in the first half of 2025 across seven major cities, only 34,565 units were in the affordable category, as per the Anarock data. "This category of homes priced Rs 45 lakh or less was already gravely hit by the COVID-19 pandemic and is still struggling to find any
Housing sales fell 5 per cent to 2.53 lakh units during the first six months of this year but increased 9 per cent in value terms to Rs 3.59 lakh crore across eight major cities, according to a CREDAI and CRE Matrix report. On Thursday, realtors' apex body CREDAI and data analytics firm CRE Matrix released a report on primary housing markets of India's top eight cities -- Bengaluru, Delhi-NCR, Mumbai Metropolitan Region (MMR), Pune, Kolkata, Chennai, Hyderabad and Ahmedabad. As per the data, the housing sales in these eight cities declined 5 per cent to 2,53,119 units during January-June 2025 from 2,67,219 units in the year-ago period. Appreciation in prices of residential properties led to an increase of 9 per cent in sales in value terms to Rs 3,59,373 crore in the first half of 2025 from Rs 3,30,750 crore in the corresponding period of the preceding year. "We are witnessing a decisive shift in homebuyer preferences across India. The demand is clearly moving towards larger, ...
Flat in Shiv Asthan Heights sold on July 15, includes three car parks; average rate in Bandra West rose 2.41 per cent year-on-year to Rs 59,163 per sq ft in Q1 CY25
Home sales across major cities in India declined in Q2 2025, but value rises 1% to ₹1.47 trillion amid a sharp shift toward high-end and luxury housing, says Anarock's residential market report
Luxury housing sales grew 85% year-on-year in the first half of 2025, driven by rising demand from HNIs and NRIs seeking asset stability amid global uncertainty
India's top eight property markets saw a 2 per cent decline in housing sales during the January-June period, but office space leasing rose 41 per cent, according to Knight Frank. In a webinar on Thursday, real estate consultant Knight Frank released its data for the Indian real estate market for January-June 2025. The data showed that housing sales fell 2 per cent annually to 1,70,201 units during the first six months of this calendar year across eight major cities. In contrast, the leasing of office spaces rose 41 per cent to 48.9 million (489 lakh) square feet area during January-June 2025. The gross leasing stood at a record 71.9 million square feet for the entire 2024. Considering the strong performance during the first half, the consultant expects the leasing number to scale a new high of 80-90 million square feet in the full current year. In the residential segment, the consultant noted that the weighted average price across eight cities rose in a range of 2 per cent to 14
Crisil report says demand will rebound in FY26 driven by premium and luxury housing across major micro markets; affordable housing launches remain limited
Sales likely to improve after 'rollercoaster quarter' for Indian housing market: Anarock
Western and Southern markets report surge, trend expected to continue
Bengaluru's housing market witnessed a 59 per cent growth in sales of luxury homes, costing Rs 10 crore and above, in the last fiscal at a record Rs 1,000 crore on high demand, according to India Sotheby's International Realty and CRE Matrix report. Real estate consultant India Sotheby's International Realty (ISIR) and real estate data analytics firm CRE Matrix's recent report mentioned that Bengaluru's luxury housing market (Rs 10 crore and above) achieved sale bookings of Rs 1,000 crore in 2024-25 against Rs 627 crore in the preceding year. In volume terms, sales of luxury homes rose to 78 units from 51 units. The report stated that Rs 10-12 crore ticket-size apartments are seeing the highest sales in Bengaluru's luxury segment. "Bengaluru's luxury housing market has entered a new league. We're seeing discerning buyers - especially CXOs, startup founders, and global Indians - investing not just in a home, but in a lifestyle. The demand today is driven as much by aspiration as by