Housing Sales Fall 19% in Q1 2025 Across Top Cities

18 Apr 2025 CW Team

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

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