📰 Homebuyers Beware: India’s Housing Boom May Have Peaked — Construction Delays Raise Red Flags

India’s housing market may be at its turning point. A new Liases Foras report says luxury sales are booming, but construction progress is lagging behind — a warning that the real estate cycle could be peaking.

India’s Housing Market Sustains Growth in Q3 2025, Premium Homes Take Centre Stage

India’s housing market maintained steady growth in Q3 2025 with 87,603 units sold, led by premium housing demand. Prices rose across all major cities, with NCR topping at 19% YoY. While new launches dipped slightly, sales momentum and inventory health remained stable, signalling a maturing but resilient market.

India’s Housing Market Outpaces Global Average with 7.7% Price Growth in Q1 2025

India’s housing market outpaced the global average in Q1 2025 with 7.7% nominal growth, ranking 15th worldwide. Infrastructure projects, economic growth, and resilient demand continue to fuel this momentum.

Premium Housing Surges as Mass Segment Slows: 62% of India’s H1 2025 Sales Now Above ₹1 Crore

In H1 2025, India’s housing market saw a 13% decline in total sales, but premium homes priced above ₹1 crore surged to form 62% of transactions. Q2 saw a 7% rise in sales, signaling a market shift towards high-value, luxury housing.

Residential Sales to Maintain Steady 10–12% Growth Path: CRISIL Ratings

India’s residential real estate sector is set for stable 10–12% growth over the next two years as demand rebounds, driven by lower interest rates and a rising preference for premium homes. While inventory is likely to inch up, developers’ strong collections and deleveraged balance sheets will help maintain healthy credit profiles, according to CRISIL Ratings.