Unsold Homes Edge Up 4% in 2025 as New Launches Outrun Sales

Overview

• Unsold inventory across the top seven cities rose to 5,76,617 units at 2025-end from 5,53,073 a year earlier, according to Anarock.
• Housing sales fell 14% to 3,95,625 units in 2025, while new launches increased 2% to 4,19,170 units, indicating supply outpaced absorption.
• Bengaluru posted the sharpest rise in unsold stock at 23% to 64,863 units, with Delhi-NCR up 5% to 90,455 and Chennai up 18% to 33,434, while Pune and Kolkata also saw increases.
• MMR and Hyderabad bucked the trend with marginal declines in unsold homes, down 1% to 1,79,228 units and 2% to 96,140 units respectively.
• Average housing prices rose about 8% across the top cities in 2025, with Delhi-NCR recording a 23% jump, a backdrop Anarock links to softer homebuying demand.