Compact Homes Lead Demand as Indian Housing Market Stabilises: Magicbricks

07 Oct 2025 CW Team

While overall supply increased marginally by 1 per cent QoQ (–4.5 per cent YoY), property prices continued to rise. Pune (+41.4 per cent YoY), Mumbai (+29.6 per cent YoY), and Greater Noida (+27.3 per cent YoY) recorded the highest annual price gains, supported by strong demand and limited new supply. Under-construction homes remained costlier than ready-to-move units, with Pune witnessing UC prices up +29.1 per cent QoQ versus +15.8 per cent for RM homes.

Regionally, Delhi NCR saw robust demand growth—Delhi (+10.3 per cent QoQ), Noida (+6.3 per cent QoQ), and Greater Noida (+3.8 per cent QoQ)—driven by major infrastructure projects such as the Dwarka Expressway and RRTS corridors. The Mumbai Metropolitan Region (MMR) maintained buyer momentum despite supply tightening (Mumbai –9.7 per cent QoQ, Navi Mumbai –10.7 per cent QoQ), resulting in strong price appreciation. In the South, Bengaluru continued to expand with demand up +5.9 per cent QoQ and prices +3.9 per cent QoQ, while Chennai saw a –5.4 per cent QoQ dip in demand even as new launches rose +1.9 per cent QoQ.

Sudhir Pai, CEO, Magicbricks, said, “The July–September 2025 quarter reinforced a fundamental market shift toward compact and mid-segment housing. While affordability constraints are shaping buyer behaviour, infrastructure-led optimism and evolving consumer aspirations continue to fuel demand across key markets.”

The PropIndex Q3 2025 findings indicate that India’s residential sector is entering a phase of measured, end-user-driven growth, guided by affordability, infrastructure development, and evolving buyer preferences.

Magicbricks, India’s leading real estate platform, has released its PropIndex Report for July–September 2025, revealing signs of stabilisation in the housing market. Despite affordability pressures, housing demand grew 3.1 per cent QoQ, driven largely by compact homes. The share of 1–2 BHK units rose to 54 per cent of total demand, reversing a two-year decline and signalling renewed focus on affordability.While overall supply increased marginally by 1 per cent QoQ (–4.5 per cent YoY), property prices continued to rise. Pune (+41.4 per cent YoY), Mumbai (+29.6 per cent YoY), and Greater Noida (+27.3 per cent YoY) recorded the highest annual price gains, supported by strong demand and limited new supply. Under-construction homes remained costlier than ready-to-move units, with Pune witnessing UC prices up +29.1 per cent QoQ versus +15.8 per cent for RM homes.Regionally, Delhi NCR saw robust demand growth—Delhi (+10.3 per cent QoQ), Noida (+6.3 per cent QoQ), and Greater Noida (+3.8 per cent QoQ)—driven by major infrastructure projects such as the Dwarka Expressway and RRTS corridors. The Mumbai Metropolitan Region (MMR) maintained buyer momentum despite supply tightening (Mumbai –9.7 per cent QoQ, Navi Mumbai –10.7 per cent QoQ), resulting in strong price appreciation. In the South, Bengaluru continued to expand with demand up +5.9 per cent QoQ and prices +3.9 per cent QoQ, while Chennai saw a –5.4 per cent QoQ dip in demand even as new launches rose +1.9 per cent QoQ.Sudhir Pai, CEO, Magicbricks, said, “The July–September 2025 quarter reinforced a fundamental market shift toward compact and mid-segment housing. While affordability constraints are shaping buyer behaviour, infrastructure-led optimism and evolving consumer aspirations continue to fuel demand across key markets.”The PropIndex Q3 2025 findings indicate that India’s residential sector is entering a phase of measured, end-user-driven growth, guided by affordability, infrastructure development, and evolving buyer preferences.

Technology

28 Oct 2025

Building Faster, Smarter, and Greener!

Backed by ULCCS’s century-old legacy, U-Sphere combines technology, modular design and sustainable practices to deliver faster and more efficient projects. In an interaction with CW, Rohit Prabhakar, Director - Business Development, shares how the company’s integrated model of ‘Speed-Build’, ‘Smart-Build’ and ‘Sustain-Build’ is redefining construction efficiency, quality and environmental responsibility in India.U-Sphere positions itself at the intersection of speed, sustainability and smart design. How does this translate into measurable efficiency on the ground?At U..

Infrastructure Transport

28 Oct 2025

Smart Roads, Smarter India

India’s infrastructure boom is not only about laying more kilometres of highways – it’s about building them smarter, safer and more sustainably. From drones mapping fragile Himalayan slopes to 3D machine-controlled graders reducing human error, technology is steadily reshaping the way projects are planned and executed. Yet, the journey towards digitisation remains complex, demanding not just capital but also coordination, training and vision.Until recently, engineers largely depended on Survey of India toposheets and traditional survey methods like total stations or DGPS to prepare detai..

Real Estate

28 Oct 2025

What Does DCPR 2034 Mean?

The Maharashtra government has eased approval norms for high-rise buildings under DCPR 2034, enabling the municipal commissioner to sanction projects up to 180 m on large plots. This change is expected to streamline approvals, reduce procedural delays and accelerate redevelopment, drawing reactions from developers, planners and industry experts about its implications for Mumbai’s vertical growth.Under the revised DCPR 2034 rules, buildings on plots of 2,000 sq m or more can now be approved up to 180 m by the municipal commissioner, provided structural and geotechnical reports are certified b..