September 26,2025: Housing sales across India’s top seven cities declined by 9% year-on-year during the third quarter of 2025, according to data released by property consultancy Anarock. Approximately 97,080 units were sold between July and September, compared with over 1.07 lakh units in the same quarter last year.
Despite the fall in sales volume, the total value of homes sold rose sharply by 14%, increasing from about Rs 1.33 lakh crore in Q3 2024 to Rs 1.52 lakh crore in Q3 2025. This reflects the strong demand for premium and luxury housing across major metropolitan regions.
The Mumbai Metropolitan Region (MMR) continued to lead the market with an estimated 30,260 units sold, followed by Pune with around 16,620 units. Together, these two markets accounted for nearly half of all residential sales during the quarter.
Average residential prices across the seven key cities—MMR, Pune, Bengaluru, Delhi-NCR, Hyderabad, Chennai, and Kolkata—rose by 9% on an annual basis. The National Capital Region recorded the steepest increase at 24%, followed by Bengaluru with a 10% rise, while other cities witnessed single-digit growth.
In terms of new supply, the luxury segment (priced above Rs 1.5 crore) dominated with a 38% share, followed by the premium category (Rs 80 lakh–Rs 1.5 crore) at 24% and the mid-segment (Rs 40–80 lakh) at 23%. Affordable housing contributed the least at 16%.
Commenting on the findings, Anuj Puri, Chairman of the Anarock Group, said: “Despite the monsoon season and the perceived inauspicious ‘shraad’ period, housing sales in Q3 rose 1% on a quarterly basis. The market has remained fairly stable in 2025, and developers are anticipating a festive boost with several launches lined up.”
Puri added that the potential impact of new US H1-B visa norms on the Indian residential market would need close monitoring.
Source: Storyboard 18
