Overview

• Tier-1 cities recorded ₹3.6 lakh crore in housing sales value in H1 2025, up 9% year-on-year on 2.54 lakh units sold, a nearly 5% volume decline.
• Average ticket size jumped 14% to ₹1.42 crore, underscoring a clear consumer shift toward higher-end and luxury homes.
• The National Capital Region led all markets with a 26% revenue share, achieving a 21% rise in sales value and 73% of purchases above ₹3 crore.
• Mumbai Metropolitan Region accounted for 23% of total revenues, posting a 9% increase in value and boosting its share of ultra-premium homes above ₹3.5 crore from 29% to 34%.
• New project launches fell from 98,000 units in H2 2024 to 82,000 in H1 2025 as developers navigated input-cost pressures.