Financial Express-Housing sales drop 23% in seven major cities; two metros witness a 10% surge
India’s housing market witnessed a significant downturn in the first quarter of 2025, as sales in the top 9 cities fell by 23% while new supply plummeted by 34%, according to a report by data analytics firm, PropEquity.
In Q1 2025, units merely above 80,000 were launched showing an exponential decline in supply marking the third consecutive quarter with less than 1 lakh units. All top nine cities barring Delhi NCR and Bengaluru have faced this steep decline while they recorded a 10% increase in sales.
