Particle.news

Download on the App Store

Indian Housing Sales Fall 20% in Q2 2025; Chennai Bucks Trend

High prices coupled with geopolitical tensions weighed on buyer sentiment; a 3% sequential uptick in sales after the RBI’s rate cut signals rising market optimism.

Housing sales declined by an estimated 20% to 96,285 units during the April–June quarter across seven major cities, down from 1,20,335 units in the same period last year, a report by Anarock has said. (Photo for representational purposes only)
Image
Image
Image

Overview

  • Year-on-year housing sales across India’s seven major cities dropped 20% to 96,285 units in April–June, according to Anarock Research.
  • Chennai was the only city to record growth, with sales rising 11% year-on-year to 5,660 units and jumping 40% from the previous quarter.
  • Average residential prices climbed 11% annually across these metros, led by a 27% surge in the Delhi-NCR region.
  • Developers trimmed new project launches by 16% year-on-year to 98,625 units, and luxury plus ultra-luxury homes made up 46% of fresh supply.
  • Unsold inventory held steady at about 5.62 lakh units at quarter-end, even as easing home loan rates and supportive monetary policy hint at a market rebound.