Housing Sales Down 20% in India, MMR Drops 25%
Real Estate

Housing Sales Down 20% in India, MMR Drops 25%

Housing sales across seven Indian cities fell by 20% in Q2 2025 compared to the same period in 2024, according to Anarock. The Mumbai Metropolitan Region (MMR) witnessed the sharpest drop, plunging 25% year-on-year to 31,275 units.

Overall, 96,285 homes were sold between April and June 2025, down from 120,335 units in 2024. Geopolitical tensions and surging prices contributed to buyer hesitation, although Chennai, NCR, Hyderabad, and Bengaluru saw sales upticks.

Anarock Chairman Anuj Puri noted, “Domestic tensions have eased and RBI’s rate cut is reviving buyer sentiment.” Despite setbacks, the sector remains cautiously optimistic about a rebound in H2 2025.

Housing sales across seven Indian cities fell by 20% in Q2 2025 compared to the same period in 2024, according to Anarock. The Mumbai Metropolitan Region (MMR) witnessed the sharpest drop, plunging 25% year-on-year to 31,275 units.Overall, 96,285 homes were sold between April and June 2025, down from 120,335 units in 2024. Geopolitical tensions and surging prices contributed to buyer hesitation, although Chennai, NCR, Hyderabad, and Bengaluru saw sales upticks.Anarock Chairman Anuj Puri noted, “Domestic tensions have eased and RBI’s rate cut is reviving buyer sentiment.” Despite setbacks, the sector remains cautiously optimistic about a rebound in H2 2025.

Next Story
Infrastructure Energy

South West Pinnacle Wins Rs 30 Cr Oman Mining Contract

South West Pinnacle Exploration Ltd has secured a Rs 30 crore contract from Minerals Development Oman (MDO) for mining exploration in concession areas 12B and 13.The two-year project will be carried out via Alara Resources LLC, a JV in Oman. MDO, backed by Oman’s investment authorities, focuses on monetising mineral wealth.The contract covers copper, gold, and chromite and highlights South West Pinnacle’s growing footprint in international exploration and mining services. ..

Next Story
Equipment

Godrej GEG Boosts Intralogistics with AI and Green Tech

Godrej Enterprises Group (GEG) is revolutionising warehouse and factory logistics through its Material Handling Equipment and Storage Solutions arms by integrating AI, IoT, and automation.With 20–25% market share and 85% local sourcing, GEG champions Atmanirbhar Bharat and sustainability. The Chennai plant, a green manufacturing leader, uses RoHS-compliant materials and has slashed energy consumption by 60%.GEG serves e-commerce, FMCG, retail, and cold chains with high-performance racking and electric forklifts. Upcoming IoT-enabled forklifts and telematics solutions aim to improve speed, sa..

Next Story
Infrastructure Urban

Amit Shah Inaugurates Key Projects Across Gujarat

Union Home Minister Amit Shah inaugurated and laid the foundation stone for various projects in Gujarat’s Panchmahal district and Ahmedabad.In Godhra, he inaugurated the Center of Excellence building, sports complex, reservoir, and Miyawaki plantation. In Ahmedabad, he unveiled a new cooperative complex in Adaroda village and a primary school in Juwal.These projects, under the Model Co-op Village scheme, aim to boost education, sustainability, and rural development across the state. ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?