Rising Prices, Slowing Sales: India’s Housing Sector Enters a Phase of Strategic Pause

India’s residential market entered a phase of consolidation in Q2 2025, with new launches falling 16% year-on-year and sales volumes declining 20%. However, the average price grew 11% across the top 7 cities as demand remained strong in premium and luxury segments, signaling a shift toward more selective, sustainable growth.

Average Home Prices in Thane Surge 46% in 3 Years, 2BHKs Rule New Supply

Thane’s transformation from a supporting suburb to a real estate leader is reflected in a 46% price surge over three years. With 2BHKs dominating supply and 89 high-rises, the city is seeing strong absorption and investor confidence, as per ANAROCK’s latest report.

MMR Leads Record Land Deals as India Clocks Nearly 2,900 Acres in H1 2025—1.15x of 2024 Volume

India recorded nearly 2,900 acres in land deals in H1 2025, already surpassing last year’s total volume. MMR led transaction volumes, while tier 2 and 3 cities emerged as major contributors to India’s land acquisition boom.

For the first time since 2022, Mumbai’s unsold inventory in the luxury housing segment has risen by 36%

Mumbai’s luxury housing market saw a 36% rise in unsold homes in Q1 2025 — the first yearly increase since 2022 — even as overall property registrations and state revenue surged to record levels. High new supply, rising prices, and economic headwinds slowed luxury sales, but strong momentum continues in mid-to-premium housing.

Southern Cities Lead GCC Office Leasing with 64% Share in Q1 2025

India’s Global Capability Centres (GCCs) leased 8.35 Mn sq. ft. of office space in Q1 2025, with Bengaluru, Chennai, and Hyderabad capturing a 64% share, according to ANAROCK. The sector saw a 72% YoY jump, driven by IT, BFSI, and manufacturing growth.