Housing sales fell 4 per cent annually in the January-March quarter to 84,827 units across eight major cities, driven by high property prices and market uncertainty stemming from the West Asia conflict, according to Knight Frank. Housing Sales stood at 88,361 units in the January-March period last year. Sales of residential properties declined in Mumbai, Delhi-NCR and Pune, but increased in the other five cities -- Bengaluru, Hyderabad, Chennai, Ahmedabad and Kolkata. According to Shishir Baijal, International Partner, Chairman & Managing Director, Knight Frank India, the moderation in residential demand warrants closer attention, particularly as it follows a sustained multi-year upcycle. "While this phase can be partly attributed to a natural consolidation after strong growth, the continued rise in prices alongside softening volumes indicates growing pressure on affordability and absorption," he said. At the same time, Baijal said the volatile geopolitical situation has also ...
Housing sales in Delhi-NCR declined 17 per cent quarter-on-quarter to nearly 16,000 units in the January-March period amid negative sentiments due to the West Asia conflict, according to Anarock. However, the demand rose 44 per cent on an annual basis following the low base effect. Real estate consultant Anarock data showed that housing sales in Delhi-NCR stood at 15,985 units during the current January-March period, down 17 per cent from 19,250 units in the previous quarter. Sales in Delhi-NCR increased 44 per cent from 11,120 units in the January-March period of the last year. Anarock Chairman Anuj Puri noted that the long-term fundamentals of India's residential segment remain strong, but the "short-term tremors of the Iran War were clearly visible in the first quarter". He pointed out that the war-induced uncertainty has affected buying sentiments, particularly in March, resulting in a 7 per cent decline in sales across seven major cities during the January-March period of thi
Sales fell quarter-on-quarter as war-led uncertainty hit sentiment, while new launches outpaced demand, pushing unsold inventory above 600,000 units
Housing sales rose 9 per cent annually to over 1.01 lakh units in January-March across top-seven cities on low-base effect but fell 7 per cent from the previous quarter amid global economic uncertainties due to the West Asia conflict, according to Anarock. Sales increased to 1,01,675 units during the current quarter from 93,280 units in the year-ago period. Real estate consultant Anarock said the sales in value terms grew 6 per cent to Rs 1.51 lakh crore during the January-March period from Rs 1.42 lakh crore in the corresponding period of the preceding year. Anarock, however, pointed out that housing sales fell 7 per cent in volume terms and 6 per cent value wise from the previous quarter because of West Asia conflict. In the fourth quarter of the last calendar year, 1,08,970 units were sold for Rs 1.60 lakh crore. Anuj Puri, Chairman of Anarock Group, said, "While India's residential segment's long-term fundamentals remain strong, the short-term tremors of the Iran War were clea
Knight Frank says 175,091 units priced above Rs 1 crore were sold in 2025, up 14% YoY, even as sub-Rs 50 lakh segment saw a 17% decline
Resale homes are turning into a core buying channel as rising prices and premiumisation of new launches squeeze affordability across major cities
India's three major South Indian cities, Bengaluru, Hyderabad and Chennai, together saw a 15 per cent increase in housing sales last year, to over 1.33 lakh units, driven by better supply and strong demand, according to PropTiger. Real estate consultant PropTiger, which was acquired last year by the Mumbai-based listed entity Aurum PropTech, on Thursday released data on primary housing markets (first sale) for eight major cities. As per the data, the total housing sales across eight major cities declined 12 per cent to 3,86,365 units in the 2025 calendar year from 4,36,992 units in the preceding year. Sales of residential properties declined in the Mumbai region, Delhi-NCR, Pune, and Ahmedabad, but increased in Bengaluru, Hyderabad, Chennai, and Kolkata. Onkar Shetye, Executive Director of Aurum PropTech, said, "2025 was not a year of demand destruction, but one of recalibration. Buyers remained active but more deliberate, while developers responded with disciplined supply manageme
Top listed real estate developers are set for steady Q3 FY26 earnings, driven by festive demand, strong pre-sales, premium launches and improving cash flows
Home sales volumes across the top seven cities fell to about 3.95 lakh units in 2025, but the value of homes sold rose to over ₹6 trillion as luxury share increased
Housing sales in the top nine cities fell 16% year on year to 98,019 units in Q4 2025, while new launches declined 10%; developers call it a phase of market realignment
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