HomeIndian NewsResidential Demand In India Remains Resilient, Total Sales Value Surges To ₹1.52...

Residential Demand In India Remains Resilient, Total Sales Value Surges To ₹1.52 Lakh Crores Despite Geopolitical Tensions


New Delhi: Despite world financial uncertainties and geopolitical tensions, residential demand in India has remained moderately resilient in third quarter of the calendar yr (Q3 2025), with complete gross sales worth surged vital 14 per cent — from round Rs 1.33 lakh crore in Q3 2024 to almost 1.52 lakh crore in Q3 this yr, a report mentioned on Thursday.

The growth was supported by rising incomes, urbanisation, and aspirational homeownership sentiment. However, the sector faces headwinds in affordability, prices, and uneven demand throughout markets because it noticed a 9 per cent dip in gross sales quantity. As many as 97,080 models of properties bought throughout the highest seven cities in Q3 2025, in opposition to 1.07 lakh models in Q3 2024, Anarock mentioned in its report.

Among the highest seven cities, Mumbai Metropolitan Region (MMR) recorded the very best gross sales of round 30,260 models, adopted by Pune (16,620 models). “Cumulatively, the 2 western cities accounted for 48 per cent of the whole gross sales within the prime 7 cities in Q3 2025. All prime cities individually recorded a dip in yearly housing gross sales – besides Chennai and Kolkata, which witnessed 33 per cent and 4 per cent yearly jumps, respectively,” mentioned Anuj Puri, Chairman, Anarock Group.

These cities noticed a marginal 3 per cent improve in new housing provide, with roughly 96,690 models launched in Q3 2025 in opposition to 93,750 models within the corresponding interval in 2024. Nevertheless, the truth that gross sales remained greater than launches signifies that the demand-supply equation stays sturdy. Among the cities, MMR topped new provide with 29,565 models launched within the quarter, adopted by Pune with practically 19,375 models.

“Interestingly, whereas the opposite cities noticed new provide decline yearly, Pune, Kolkata and Chennai noticed it improve by a whopping 56 per cent and 38 per cent, respectively,” the report mentioned. The Rs 1.5 crore luxurious housing class witnessed the very best new provide of 38 per cent, adopted by the premium (Rs 80 lakh–Rs 1.5 crore) phase with a 24 per cent share. The mid-segment (Rs 40–80 lakh) contributed a 23 per cent share of the whole new provide within the quarter, whereas the inexpensive phase’s share was the bottom at 16 per cent.

Meanwhile, complete out there housing stock noticed solely a marginal yearly decline within the prime seven cities — from round 5,64,415 lakh models by Q3 2024-end to almost 5,61,756 lakh models by Q3 2025-end. Average residential costs in these cities collectively noticed single-digit progress of 9 per cent in Q3 2025 in opposition to Q3 2024. At 24 per cent, NCR recorded the very best annual progress, adopted by Bengaluru with a ten per cent improve.

Despite the monsoons and the perceived inauspicious ‘shraad’ interval, housing gross sales in Q3 rose 1 per cent quarterly. Overall, the housing market is to date moderately regular in 2025, with expectations for a festive increase forward, for which builders have a number of initiatives lined up, the report mentioned.

Disclaimer: This story is from the syndicated feed. Nothing has modified besides the headline.


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