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Residential sales fall marginally in 2025 despite lower home loan rates: Report

New Delhi, Jan 7 (UNI) Housing sales across eight major Indian cities declined marginally by 1 per cent in 2025 to 3.48 lakh units as demand remained subdued amid a sharp rise in property prices, according to a report by real estate consultancy Knight Frank India. Despite concerns over a possible market correction, the firm noted that a decline in home loan interest rates, strong economic growth and easing inflation helped sustain housing demand during the calendar year. The data pertains to the primary residential market.

Central India's Premier English Daily

Central India's Premier English Daily

Credit: Centralchronicle

Key Highlights

  • Among the eight cities, Mumbai Metropolitan Region (MMR) recorded a 1% increase in sales to 97,188 units, while average housing prices rose 7% to Rs 8,856 per sq ft.
  • Bengaluru reported flat sales at 55,373 units, though prices climbed 12% to Rs 7,388 per sq ft.
  • Pune witnessed a 3% decline in sales to 50,881 units, even as prices appreciated 5% to Rs 5,016 per sq ft.
  • Delhi-NCR saw the sharpest decline, with sales falling 9% to 52,452 units.
  • However, average prices surged 19% to Rs 6,028 per sq ft, the highest increase among all cities.
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Sources

  1. Residential sales fall marginally in 2025 despite lower home loan rates: Report

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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