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Premium Homes Lift 2025 Housing Sales Value in India Despite 14% Drop in Volumes

Premium-led gains reflect tight supply and affordability strains.

Overview

  • ANAROCK reports aggregate sales value across the top seven cities rose 6% to over Rs 6 lakh crore in 2025 even as unit sales fell 14% to about 3,95,625.
  • Average prices increased around 8% to roughly Rs 9,260 per sq ft, led by a 23% rise in Delhi‑NCR to about Rs 9,300 as pricier launches dominated new supply.
  • Weaker volumes were attributed to hardening prices, layoffs in the IT sector, geopolitical tensions and other uncertainties that dampened demand.
  • Savills says premium under‑construction prices climbed up to 36% year‑on‑year, with Noida showing 9–36% gains, Mumbai 20–30%, Gurugram 2–19% and Bengaluru 13–15%.
  • City rents rose about 18–20% year‑on‑year, new launches fell in Gurugram by 25% and Noida by 17%, and the 2026 outlook hinges on potential RBI rate cuts and calibrated developer supply.