India housing market declines in units

India housing market declines in units

NEW DELHI [Maha Media]: India's USD 500-billion real estate market recorded its second straight annual drop in new home sales volume in 2025 as high prices continued to erode affordability.

With sales volumes down 14 per cent this year, following a 4 per cent dip in 2024, real estate developers are now banking on a mix of lower mortgage rates, resilient GDP growth, and possible tax relief in the upcoming Union Budget to revive demand for residential properties in 2026 and restore confidence in the sector.

Builders, however, found some comfort in value-wise growth of new home sales, driven by steep price appreciation in the post-pandemic housing cycle and a deliberate shift by builders toward luxury residences in pursuit of better profit margins.
 

Related News