Tier-2 Housing Sales Fall 10 Per Cent In 2025

17 Feb 2026 CW Team

Affordability was affected by sustained home loan rates and a rise in input costs, which constrained buyer interest in certain localities. The pullback in demand coincided with an increase in unsold inventory in several cities, prompting some builders to delay launches. Sales incentives and flexible payment plans were introduced by developers to support transactions, but uptake remained limited in the most affected markets. Secondary sales and investor activity also softened, reducing immediate turnover.

Visakhapatnam experienced a slowdown linked to a cooling of local economic drivers, while Bhubaneswar and Vadodara saw muted household formation and delayed project completions that dented buyer confidence. Smaller tier-two centres showed varied performance, with local employment trends and infrastructure delivery shaping outcomes. Markets with a stronger affordable housing presence generally fared better than those dominated by higher price points. The pattern underscored a divergence between demand for affordable and premium offerings.

Industry participants said developers are likely to recalibrate supply and accelerate focus on affordable segments and pre-launch sales to restore momentum. Policy support, faster infrastructure delivery and an easing of financing costs would be important to revive activity in the near term. The sales dip is expected to prompt sharper market sorting, with stronger projects and locations retaining interest while weaker inventory faces longer cycles. Stakeholders will monitor upcoming quarter data to assess whether the downturn stabilises.

Sales of housing units across the top 15 tier-two cities fell by 10 per cent in 2025, according to industry data, with Visakhapatnam, Bhubaneswar and Vadodara among the hardest hit. The decline marked a notable slowdown from the previous year as transaction volumes weakened across multiple markets. Analysts attributed the fall to a combination of affordability pressures and slower demand growth. Developers reported a marked reduction in absorption rates, particularly for mid and premium segment projects. Affordability was affected by sustained home loan rates and a rise in input costs, which constrained buyer interest in certain localities. The pullback in demand coincided with an increase in unsold inventory in several cities, prompting some builders to delay launches. Sales incentives and flexible payment plans were introduced by developers to support transactions, but uptake remained limited in the most affected markets. Secondary sales and investor activity also softened, reducing immediate turnover. Visakhapatnam experienced a slowdown linked to a cooling of local economic drivers, while Bhubaneswar and Vadodara saw muted household formation and delayed project completions that dented buyer confidence. Smaller tier-two centres showed varied performance, with local employment trends and infrastructure delivery shaping outcomes. Markets with a stronger affordable housing presence generally fared better than those dominated by higher price points. The pattern underscored a divergence between demand for affordable and premium offerings. Industry participants said developers are likely to recalibrate supply and accelerate focus on affordable segments and pre-launch sales to restore momentum. Policy support, faster infrastructure delivery and an easing of financing costs would be important to revive activity in the near term. The sales dip is expected to prompt sharper market sorting, with stronger projects and locations retaining interest while weaker inventory faces longer cycles. Stakeholders will monitor upcoming quarter data to assess whether the downturn stabilises.

Infrastructure Urban

10 Mar 2026

ABB to Invest Rs 6.25 Billion to Expand India Manufacturing

ABB recently announced plans to invest approximately Rs 6.25 billion ($75 million) in India during 2026 to expand its manufacturing footprint and research and development capabilities. The investment follows more than $35 million spent in 2025 and reflects the company’s continued focus on strengthening its ‘local-for-local’ strategy in the country.The investment will support ABB’s Electrification, Motion and Automation businesses and expand manufacturing capacity for infrastructure sectors such as renewable energy, metro rail, data centres and industrial applications. Approximately 300..

Equipment

10 Mar 2026

Six WOLFF Cranes Handle 60,000 m³ Concrete for German Hospital

Six WOLFF tower cranes are playing a key role in constructing a new hospital complex in Memmingen, Germany, supporting large-scale material handling for the project. The facility is being built on a 7.7-hectare site and will feature six floors, around 480 beds and a gross floor area exceeding 75,000 sq m.Building shell works began recently in February 2025. One WOLFF 6531.12 Cross crane supported early site preparation before being dismantled in autumn 2025, while five remaining cranes continue operations. Over an average deployment period of 16 months, the cranes are expected to move approxim..

Equipment

10 Mar 2026

REC Funds Rs 115.6 Million CSR Support for Bihar Eye Hospital

REC recently committed Rs 115.6 million under its Corporate Social Responsibility (CSR) programme for the procurement of clinical and non-clinical equipment at Sankara Eye Hospital in Saharsa, Bihar. The initiative aims to strengthen healthcare infrastructure and improve access to specialised eye care services in the region.A Memorandum of Agreement (MoA) was recently signed between Pradeep Fellows, Executive Director (CSR), REC Limited, and Wg Cdr V. Shankar (Retd), Trustee and Executive Director of Sankara Eye Hospital, at the REC office in the SCOPE Complex, New Delhi.The support is expecte..