Housing sales in India’s top cities have dipped once again, marking the tenth straight quarterly decline . Analysts forecast a 4% year-on-year drop in sales for July–September 2025, driven by a complex mix of affordability issues, uneven regional demand, and broader economic pressures. The Numbers: Where Is the Impact Felt? Total Sales: Housing sales in the top 9 Indian cities fell to just above 1 lakh units in Q3 2025—a 4% YoY fall. Regional Disparity: The sharpest drops are seen in Maharashtra markets: Pune: 16% drop Mumbai, Navi Mumbai, Thane: 6%–28% drops Bright Spots: In contrast, cities like Bengaluru (+21%), Chennai (+16%), and Kolkata (+25%) saw sales rise, suggesting a more uneven but not universally negative scenario. Sequential Trends: Delhi-NCR saw the steepest quarterly fall (24%), while Bengaluru, Hyderabad, and Mumbai showed modest gains. What’s Fueling the Dip? Affordability Challenges: The average property price across top cities jum...
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