Housing Sales Drop 19 Per Cent Across Nine Cities In Q2

25 Jun 2025 CW Team

Housing sales in India’s nine largest property markets are projected to fall by at least 19 per cent year on year in April–June 2025, with new launches expected to contract by 30 per cent, according to PropEquity.

Mumbai and Thane lead the slide

Mumbai: Sales down 34 per cent to 8,006 units; new supply down 61 per cent to 4,949 units.

Thane: Sales also down 34 per cent; supply down 58 per cent.

Mixed fortunes elsewhere

Of the nine cities analysed, sales declined in seven. Only Delhi-NCR and Chennai defied the trend, posting rises of 16 per cent and 9 per cent respectively. On supply, six cities recorded declines, while Delhi-NCR, Hyderabad and Chennai saw increases of 37 per cent, 19 per cent and 6 per cent.

Below the 0.1 million-unit threshold

PropEquity notes that quarterly sales are poised to slip below 0.1 million units for the first time since July–September 2021, while supply will remain under that level for a fourth straight quarter. Founder and CEO Samir Jasuja attributes the cooling to a normalisation after record peaks in 2023 and 2024, particularly in Mumbai, Bengaluru and Navi Mumbai.

Jasuja highlights that Delhi-NCR’s growth is driven by fresh supply in Ghaziabad and Greater Noida, which has buoyed overall demand in the region.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..