Housing Sales Fall 19% in Q1 2025 Across Top Cities
Real Estate

Housing Sales Fall 19% in Q1 2025 Across Top Cities

Housing sales across India’s top eight cities declined nineteen per cent year-on-year in the January–March 2025 quarter, with 98,095 units sold, according to PropTiger. The fall is attributed to rising property prices and broader economic uncertainty.

New supply also saw a ten per cent decline, with 93,144 units launched compared to the same period last year.

Only Bengaluru and Chennai recorded sales growth: – Bengaluru: up thirteen per cent (11,731 units) – Chennai: up eight per cent (4,774 units) Other cities reported declines: – Mumbai Metropolitan Region: down twenty-six per cent (30,705 units) – Pune: down twenty-five per cent (17,228 units) – Hyderabad: down twenty-six per cent (10,647 units) – Delhi-NCR: down sixteen per cent (8,477 units) – Ahmedabad: down seventeen per cent (10,730 units) – Kolkata: down one per cent (3,803 units)

The report highlights buyer caution due to rising costs, global trade tensions, and slowed growth. Developers are also adjusting launches accordingly.

Source: Daijiworld

Housing sales across India’s top eight cities declined nineteen per cent year-on-year in the January–March 2025 quarter, with 98,095 units sold, according to PropTiger. The fall is attributed to rising property prices and broader economic uncertainty. New supply also saw a ten per cent decline, with 93,144 units launched compared to the same period last year. Only Bengaluru and Chennai recorded sales growth: – Bengaluru: up thirteen per cent (11,731 units) – Chennai: up eight per cent (4,774 units) Other cities reported declines: – Mumbai Metropolitan Region: down twenty-six per cent (30,705 units) – Pune: down twenty-five per cent (17,228 units) – Hyderabad: down twenty-six per cent (10,647 units) – Delhi-NCR: down sixteen per cent (8,477 units) – Ahmedabad: down seventeen per cent (10,730 units) – Kolkata: down one per cent (3,803 units) The report highlights buyer caution due to rising costs, global trade tensions, and slowed growth. Developers are also adjusting launches accordingly. Source: Daijiworld

Next Story
Infrastructure Transport

UP Signs Rail Deal to Boost Logistics Infrastructure

To bolster Uttar Pradesh’s industrial and logistics ecosystem, Invest UP and the Lucknow Division of Northern Railway signed a memorandum of understanding (MoU) at Lok Bhawan on Wednesday.The MoU, signed by Invest UP CEO Vijay Kiran Anand and Rajneesh Kumar Srivastava, Senior Divisional Operations Manager of Northern Railway, aims to provide railway land to investors at a concessional lease rate of 1.5 per cent of the prevailing industrial or circle rate for a 35-year period.According to the official statement, the move will support the development of warehousing and logistics infrastructure..

Next Story
Infrastructure Transport

RVNL Wins Rs 1.16 Bn Railway Electrification Contract

Rail Vikas Nigam Ltd (RVNL) has received a letter of intent from Central Railway for an electrification system upgrade contract valued at Rs 1.16 billion. The project, according to the company’s stock exchange filing, will be completed within 24 months.The scope of the work involves modification of the current 1x25 kV electric traction system to a 2x25 kV configuration at the feeding system in the Itarsi-Amla section, located in the Nagpur Division. This upgrade is part of broader efforts to modernise and strengthen the efficiency of India’s railway electrification infrastructure.RVNL cont..

Next Story
Infrastructure Transport

Mumbai Rail Network to Expand with New Airport, Port Links

The Maharashtra government’s infrastructure drive in the Mumbai Metropolitan Region (MMR) will see a major expansion of suburban railway corridors on both Central and Western Railways, with new lines planned to improve airport and port connectivity.The Union Railway Ministry has instructed both zones to conduct feasibility surveys for new lines connecting Navi Mumbai International Airport (NMIA), segregating suburban and long-distance services, and building a new rail link from Dahanu to the upcoming Vadhavan Port in Palghar—touted as India’s largest port.On the Central Railway, surveys ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?