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Housing sales in India's major cities fell 23% in Q1 2025, with supply down 34%, despite strong demand.
Housing sales in India's top nine cities dropped 23% in Q1 2025 to 1,05,791 units, with supply falling 34% to 80,774 units.
Bengaluru and Delhi-NCR saw increased sales, while other cities like Hyderabad, Mumbai, and Pune experienced significant declines.
Rising home prices and economic concerns are cited as key factors.
Despite the drop, the market showed strong demand with a 131% absorption-to-supply ratio.
4 weeks ago
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