Housing Sales Rise 1 Per Cent In Q3, Demand Nears Peak: Knight Frank

09 Oct 2025 CW Team

Releasing its latest India Real Estate Market Update via webinar, Knight Frank reported that housing sales across the eight major cities reached 87,603 units in the third quarter of 2025, maintaining the strong post-pandemic demand trend.

The consultant attributed the sustained momentum to lower mortgage rates, robust economic growth, and tax incentives announced in recent budgets. It also noted that the positive impact of GST rate rationalisation implemented from 22 September is yet to be fully reflected in sales figures.

“India’s residential market in Q3 (July–September 2025) has demonstrated remarkable resilience and sustained momentum. The market is now in its fifth year of an upcycle. Consequently, the year-on-year growth rate is beginning to stabilise, suggesting we may be entering a prolonged plateau phase,” said Shishir Baijal, Chairman and Managing Director, Knight Frank India.

He added that interest rate cuts of up to 100 basis points and liquidity support through simplification of both direct taxes and GST have collectively boosted homebuyer confidence.

However, sales for the first nine months of 2025 fell marginally by one per cent to 257,804 units across eight major cities compared with the same period last year. These cities include Delhi-NCR, Mumbai Metropolitan Region (MMR), Pune, Chennai, Hyderabad, Bengaluru, Kolkata, and Ahmedabad.

“We are not observing any real slowdown in demand at this point,” said Gulam Zia, Senior Executive Director for Research, Advisory, Infrastructure, and Valuation at Knight Frank India. He added that the modest sales rise in the September quarter came despite market concerns over potential demand fatigue.

Zia, however, cautioned that the luxury and ultra-luxury housing segments have shown early signs of demand softening. He advised developers to re-focus on affordable and mid-income housing, where long-term growth potential remains stronger.

Knight Frank said that the upcoming festive quarter would provide a clearer picture of whether the housing market has reached its demand ceiling or can sustain its current momentum into 2026.

India’s eight key housing markets recorded a marginal one per cent year-on-year rise in home sales during the July–September quarter of 2025, according to real estate consultancy Knight Frank India. The firm noted that while the sector shows no immediate signs of a slowdown, residential demand may be nearing its peak after several years of strong growth.Releasing its latest India Real Estate Market Update via webinar, Knight Frank reported that housing sales across the eight major cities reached 87,603 units in the third quarter of 2025, maintaining the strong post-pandemic demand trend.The consultant attributed the sustained momentum to lower mortgage rates, robust economic growth, and tax incentives announced in recent budgets. It also noted that the positive impact of GST rate rationalisation implemented from 22 September is yet to be fully reflected in sales figures.“India’s residential market in Q3 (July–September 2025) has demonstrated remarkable resilience and sustained momentum. The market is now in its fifth year of an upcycle. Consequently, the year-on-year growth rate is beginning to stabilise, suggesting we may be entering a prolonged plateau phase,” said Shishir Baijal, Chairman and Managing Director, Knight Frank India.He added that interest rate cuts of up to 100 basis points and liquidity support through simplification of both direct taxes and GST have collectively boosted homebuyer confidence.However, sales for the first nine months of 2025 fell marginally by one per cent to 257,804 units across eight major cities compared with the same period last year. These cities include Delhi-NCR, Mumbai Metropolitan Region (MMR), Pune, Chennai, Hyderabad, Bengaluru, Kolkata, and Ahmedabad.“We are not observing any real slowdown in demand at this point,” said Gulam Zia, Senior Executive Director for Research, Advisory, Infrastructure, and Valuation at Knight Frank India. He added that the modest sales rise in the September quarter came despite market concerns over potential demand fatigue.Zia, however, cautioned that the luxury and ultra-luxury housing segments have shown early signs of demand softening. He advised developers to re-focus on affordable and mid-income housing, where long-term growth potential remains stronger.Knight Frank said that the upcoming festive quarter would provide a clearer picture of whether the housing market has reached its demand ceiling or can sustain its current momentum into 2026.

Infrastructure Transport

11 May 2026

Shivraj Chouhan Launches PMGSY IV and Announces Package for Madhya Pradesh

Union Minister Shivraj Singh Chouhan launched the Pradhan Mantri Gram Sadak Yojana (PMGSY) IV at Bhairunda in Sehore district during the 25 year celebrations and announced a development package for Madhya Pradesh. The programme was organised by the Union Ministry of Rural Development and attended by Chief Minister Dr Mohan Yadav, ministers of state, state ministers, legislators and senior officials from the centre and the state. The minister said the central government under the Prime Minister is committed to strengthening rural livelihoods through improved connectivity, housing and women's in..

Infrastructure Urban

11 May 2026

DMR Engineering Reports FY 25-26 Financial Results

DMR Engineering reported its half year results for the financial year ended 31 March 2026 and published full year figures on a standalone basis. Standalone revenue from operations decreased by 2.01 per cent year-over-year to Rs 102.58 million (mn), while profit after tax declined by 43.94 per cent to nine point five six mn, leaving a profit after tax margin of nine point zero five per cent. Earnings per share stood at Rs zero point nine two, a fall of 44.71 per cent year-over-year. The company attributed part of the decline to one-off provisioning for bad debts and additional financing charges..

Infrastructure Urban

11 May 2026

Atlanta Electricals Posts Strong FY26 Growth And Debt Free Finish

Atlanta Electricals reported audited consolidated results for the quarter and year ended 31 March 2026. The company recorded significant year-on-year revenue growth driven by capacity ramp-up at new facilities and higher utilisation at legacy plants. The announcement summarised operating improvements and strategic milestones achieved during the year. For Q4 the company reported revenue of Rs 7.48 bn and for FY26 revenue of Rs 18.52 bn, representing robust growth versus the prior year. EBITDA in Q4 was Rs. 1.49 bn and Rs. 3.44 bn for the full year, with margins expanding to 20 per cent in the q..