Business Standard-Over 88,000 homes sold in Q1 2025, 46% of houses sold are above Rs 1 crore
Residential sales across India reached 88,274 units in the first quarter of 2025 ( January-March), a 2% year-on-year (YoY) increase and the premium housing segment with homes priced above Rs 1 crore was the key market driver, accounting for 46 per cent of the sales, shows data analysed by property consulting firm Knight Frank India.
Pune and Chennai lead the sales with 20% and 10% year on year growth in primary unit sales, respectively. Mumbai remained the largest residential market recording its highest quarterly sales volume since Q1 2018, reaching 24,930 units—a 5% year on year rise in Q1 2025.
