Q3 2025: Housing Sales Volume Declines 9% Annually

01 Oct 2025 CW Team

According to ANAROCK Research, housing sales across the top 7 cities stood at approx. 97,080 units in Q3 2025, a 9 per cent decline from 1,07,060 units in Q3 2024. However, the total sales value grew 14 per cent annually – from approx. Rs 1.33 trillion in Q3 2024 to approx. Rs 1.52 trillion in Q3 2025 – largely driven by higher traction in the luxury and ultra-luxury segments.

“While sales volumes dipped, they still outstripped new supply in the quarter, reflecting continued market health,” said Anuj Puri, Chairman – ANAROCK Group.

City-wise Performance

MMR led sales with approx. 30,260 units, followed by Pune with approx. 16,620 units. Together, they accounted for 48 per cent of total sales in the top 7 cities.
All cities saw annual dips in sales except Chennai (up 33 per cent) and Kolkata (up 4 per cent).
New launches rose marginally by 3 per cent YoY to approx. 96,690 units, with MMR (29,565 units) and Pune (19,375 units) leading supply. Pune, Kolkata, and Chennai posted the sharpest yearly rise in new supply.

Segment & Price Trends

The luxury housing segment (>Rs 10.5 Mn) dominated new supply with a 38% share, followed by the premium segment (Rs 8 million–10.5 Mn) at 24%.
The mid-segment (Rs 40–80 lakh) contributed 23%, while affordable housing had the lowest share at 16 per cent.
Available inventory dipped marginally from approx. 5,64,415 units in Q3 2024 to approx. 5,61,756 units in Q3 2025.
Average prices across the top 7 cities rose 9 per cent YoY, led by NCR (24 per cent %) and Bengaluru (10 per cent).

Despite the monsoon season and the traditionally slow ‘shraad’ period, sales rose 1 per cent quarterly, indicating steady momentum ahead of the festive season.

“The impact of the recently announced US H1-B visa norms on Indian housing demand will need close monitoring. While affordability challenges persist, price growth has moderated from the double-digit trends of recent years,” added Puri.

Overall, the market in 2025 remains reasonably steady, with expectations of a festive boost as developers prepare new project launches.

India’s residential real estate market showed mixed trends in Q3 2025. Despite global economic uncertainties and affordability challenges, housing demand remained resilient, supported by rising incomes, urbanisation, and aspirational homeownership.According to ANAROCK Research, housing sales across the top 7 cities stood at approx. 97,080 units in Q3 2025, a 9 per cent decline from 1,07,060 units in Q3 2024. However, the total sales value grew 14 per cent annually – from approx. Rs 1.33 trillion in Q3 2024 to approx. Rs 1.52 trillion in Q3 2025 – largely driven by higher traction in the luxury and ultra-luxury segments.“While sales volumes dipped, they still outstripped new supply in the quarter, reflecting continued market health,” said Anuj Puri, Chairman – ANAROCK Group.City-wise PerformanceMMR led sales with approx. 30,260 units, followed by Pune with approx. 16,620 units. Together, they accounted for 48 per cent of total sales in the top 7 cities.All cities saw annual dips in sales except Chennai (up 33 per cent) and Kolkata (up 4 per cent).New launches rose marginally by 3 per cent YoY to approx. 96,690 units, with MMR (29,565 units) and Pune (19,375 units) leading supply. Pune, Kolkata, and Chennai posted the sharpest yearly rise in new supply.Segment & Price TrendsThe luxury housing segment (>Rs 10.5 Mn) dominated new supply with a 38% share, followed by the premium segment (Rs 8 million–10.5 Mn) at 24%.The mid-segment (Rs 40–80 lakh) contributed 23%, while affordable housing had the lowest share at 16 per cent.Available inventory dipped marginally from approx. 5,64,415 units in Q3 2024 to approx. 5,61,756 units in Q3 2025.Average prices across the top 7 cities rose 9 per cent YoY, led by NCR (24 per cent %) and Bengaluru (10 per cent).Despite the monsoon season and the traditionally slow ‘shraad’ period, sales rose 1 per cent quarterly, indicating steady momentum ahead of the festive season.“The impact of the recently announced US H1-B visa norms on Indian housing demand will need close monitoring. While affordability challenges persist, price growth has moderated from the double-digit trends of recent years,” added Puri.Overall, the market in 2025 remains reasonably steady, with expectations of a festive boost as developers prepare new project launches.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Infrastructure Energy

06 Apr 2026

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Real Estate

06 Apr 2026

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..