Overview

• ANAROCK reports 97,080 units sold in Q3 2025 across the top seven cities, down about 9% year on year, even as total transaction value rose to roughly ₹1.52 lakh crore.
• Average prices climbed about 9% year on year, with Delhi‑NCR posting the steepest rise at 24%.
• Mumbai Metropolitan Region led with about 30,260 sales and Pune with about 16,620, together accounting for 48% of top‑city transactions while Chennai and Kolkata were the only markets to grow.
• PropEquity estimates a combined 17% annual drop in MMR and Pune sales to 49,542 units, and a 5% decline in new launches there to 37,196 units.
• Developers leaned into higher‑ticket projects, with luxury units above ₹1.5 crore making up 38% of new supply as unsold inventory stayed roughly flat at about 5.61 lakh homes.