Overview

• Sales totaled 100,370 units in July–September across the top nine metros, down 4% year on year, according to PropEquity.
• New launches were flat year on year at 92,229 units and fell 10% from the previous quarter, indicating supply restraint by developers.
• Maharashtra markets drove the decline with Thane down 28%, Pune 16%, Mumbai 8% and Navi Mumbai 6% versus a year earlier.
• Bengaluru rose 21%, Chennai 16% and Kolkata 25%, with Delhi‑NCR and Hyderabad up 4% each on an annual basis.
• PropEquity notes sales continue to exceed launches and projects full‑year 2025 volumes near 2024 levels.