Housing supply falls 34%, sales drop 23% in top 9 cities in Q1CY25: Report

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Housing supply falls 34%, sales drop 23% in top 9 cities in Q1CY25: Report - Business Standard

Quick Summary:

Similarly, housing sales fell to 105,791 units in Q1 CY25 from 136,702 units in the corresponding period of the previous year.

In contrast, Hyderabad recorded the sharpest Y-o-Y decline in sales at 47 per cent, followed by Mumbai at 36 per cent and Pune at 33 per cent.

Only Bengaluru and Delhi-NCR recorded a Y-o-Y increase in sales, each rising by 10 per cent and accounting for 17 per cent and 11 per cent of total sales in the nine cities respectively.