The Indian real estate market market maintained its growth dynamics in the 3rd quarter of 2025, with premium housing. According to the recent Knight Frank India report, the first eight residential markets in the country recorded a 1% year -on -year increase in the country and reached a total of 87,603 housing units sold during the quarter. This growth comes despite the year -on -year decline in the new introduction to 2%.
A stable macroeconomic environment with inflation to 2.07% in August 2025 from 3.65% a year ago provided a favorable environment for the real estate sector that could stimulate. In addition, Reserve Bank of India (RBI) increased its GDP prognosis for FY 2026 to 6.8% and maintained a lower report compared to the end of 2024, increasing liquidity and increasing sentiment among buyers and developers, he added.
Also read | Mint Primer | Residential Sales: Where did all buyers go?
Mumbai leads
Mumbai led the sales power with 24 706 units, which meant a year -on -year increase of 2% and represented 28% of total sales. Chennai has become the strongest growth market, with a 12% year -on -year increase in sales, by achieving 4,617 units, its highest from the pandemic. Other main markets, such as the region of the National City (NCR) and Bengalur, remained stable, while Pune recorded an 8% decline in sales. The report emphasizes that first -class housing, especially units for the price £1 crore, recorded a significant increase in demand and increased by 15%year -on -year.
The shift towards premium housing is obvious as the units below £1 crore noted that their share in the sale of POK £1–2 Crore segment has appeared as the largest volume, which represents 28% of total sales. Especially £The 10-20 Crore segment recorded a 170% increase in sales, reflecting the growing appetite for luxury houses among city buyers.
Despite the decline in the new introduction to Chennai and Bengaluru, this trend has caused a significant increase of 44% and 28% year -on -year. However, Mumbai and NCR have seen a significant decline in new launchs, each of which has seen a 19% year -on -year decline. The total offer of new units in the eight best markets was 2025 88 655 in Q1, which is a 2% decline compared to the previous year.
Also read | Investors of real estate will move the focus on metros because cities level 2 and 3 show strong growth:
Price evaluation remained in the main markets by demand for premium housing. The NCR led a 19% year -on -year price increase, followed by Bengaluru and Hyderabad with an increase in 15% and 13%. The report notes that the focus of the market is still on the higher end, while the momentum slips in the size of the tickets below £10 million.
Knight Frank Shishir Baijal, Chairman and CEO of Knight Frank India, said: “The Indian Residential Market in Q1 2025 has shown an impressive ability to maintain momentum and the market is now UPcycle in the fifth year.
“Reducing the rate of up to 100 basis points and supporting liquidity through simplification of direct taxes and GST collectively strengthened the confidence of end users. The remarkable result of this Upcycle was the increase in demand for premium housing, which has appeared as a key driver in recent years,” he added.
The message also indicates a healthy market with a selling indicator (QTS), which remains stable in 5.8 neighborhoods, which corresponds to less than 18 months of stock available. Despite the year -on -year increase in an unsold supply to 506,400 pieces by 4%, the speed of sales has indicated for the last eight quarters ongoing demand. Understanding inventory in the categories of higher ticket size, for example £20–50 million, was significantly higher than at the lower end of the market.
Responsibility: This article has been generated using AI tools and has passed editorial review for clarity and cohesion.
(Tagstotranslate) India
