Overview

• More than 90% of prospective buyers report concern over rising prices, with 47% saying they are very concerned and only 7% not concerned at all.
• Buying plans are being pushed back: just 21% intend to proceed as scheduled, 71% expect delays (32% slight, 29% by 1–2 years, 12% indefinite) and 6% have cancelled.
• Average prices in the top cities climbed from ₹6,001 per sq ft in Q2 2023 to ₹8,990 per sq ft by Q2 2025, an increase of roughly 50%.
• Preferences are moving away from sub-₹45 lakh homes toward mid-to-premium options, with 36% favoring ₹90 lakh–₹1.5 crore and 25% choosing ₹45–₹90 lakh; affordable demand has dropped to 17% and new supply to about 12%, with many citing poor locations, low build quality and small sizes.
• Mumbai Metropolitan Region stands out as an outlier, where only about 39% express high concern about prices, which ANAROCK attributes to long-term appreciation prospects, migration, land scarcity and infrastructure upgrades.