Affordable Housing Sees Sales Dip

09 Apr 2025 CW Team

Sales of affordable homes—units priced below Rs 5 million —dropped by nine percent year-on-year in the January–March 2025 quarter, according to a report by Knight Frank India. The slowdown comes as price-sensitive buyers face headwinds from rising property prices and elevated interest rates.

The report highlights that demand shifted towards mid and premium segments, with a noticeable decline in the affordable category in metros like NCR, MMR, and Hyderabad.

Despite a broader upswing in housing demand, the entry-level segment struggled, primarily due to limited new supply and reduced affordability for first-time buyers.

Cities like Ahmedabad and Pune, however, continued to see moderate traction due to better pricing and government-led incentives. Meanwhile, developers are focusing more on higher-margin premium projects, widening the gap in supply-demand dynamics for affordable housing.

Knight Frank’s analysis calls for targeted policy interventions, such as interest subventions, subsidies, and focused credit support, to revive demand in this critical housing segment.

The trend underlines a growing concern around urban housing inclusivity, with affordable housing—once the sector’s backbone—losing pace amid India’s fast-evolving real estate landscape.

Real Estate

07 Aug 2026

BXB Estates Sets AED 110 Million Jumeirah Golf Estates Record

BXB Estates has completed an AED 110 million residential transaction at Jumeirah Golf Estates, setting a new sales record for the prestigious Dubai residential community.Negotiated by Alfie Tabrez, Managing Partner of BXB Estates, the deal surpassed the previous record of AED 58 million for a completed ready villa in the development.The six-bedroom residence offers 21,714 sq ft of built-up space on a 15,873-sq-ft plot. It features nine bathrooms, four living lounges, a home office, bar lounge, private cinema and rooftop terrace.The property also includes a dedicated wellness area comprising a ..

SECR Floats Rs 6,019 Mn EPC Tender For Paradol Nagpur Link

South East Central Railway (SECR) has invited bids for an Engineering, Procurement and Construction (EPC) contract to build a new broad gauge single line between Paradol Takeoff Point and Nagpur Road Station in Chhattisgarh. The contract carries an estimated cost of Rs 6,019.0 mn and requires an earnest money deposit of Rs 120.4 mn. The work is framed as an EPC assignment intended to strengthen regional rail infrastructure. The tender, issued under number CAO-C-BSP-26-27-15, specifies a completion period of 730 days and a bid validity of 180 days. Two pre-bid meetings are scheduled for 24 Augu..

Indian Railways Reports Nine Per Cent Rise In July Freight Loading

Indian Railways handled 141.3 million tonnes (141.3 mn t) of freight in July, marking a rise of nine per cent year on year. Freight loading maintained a positive trajectory across the network compared with the same month last year. Passenger traffic also increased in July, contributing to higher overall network utilisation. The July outcome continued a pattern of steady monthly gains, reflecting gradual improvement in industrial and logistics activity. The growth in freight volumes reflected stronger demand across multiple sectors and improvements in logistics and train turnarounds. Enhanced r..