Housing sales in India saw a modest 2% increase during the January–March quarter (Q4 FY25), reaching a total of 88,274 units across eight major cities, according to a report by real estate consultancy Knight Frank. This marginal growth reflects a steady demand in the residential property market despite various macroeconomic challenges and evolving buyer preferences.
The Knight Frank data highlights a stable momentum in housing sales across the country, with Mumbai leading the growth. Among the top eight cities, Mumbai witnessed a notable 5% rise in housing sales during Q4 FY25, making it one of the strongest-performing markets in the country. This increase is attributed to sustained demand, improved affordability, and developer-led incentives that continue to attract buyers in the city.Other metropolitan areas also contributed to the overall uptick in residential sales.
The report underscores a consistent performance in cities like Pune, Bengaluru, Hyderabad, and Delhi-NCR, where developers are launching new projects aligned with market needs. Affordable and mid-income housing segments remain the primary drivers of growth, especially in the post-pandemic real estate landscape, where homebuyers are placing greater value on lifestyle, connectivity, and long-term investment.
The 2% rise in sales across India’s top eight cities also signals a recovering housing market, boosted by stable interest rates and a positive outlook on the Indian economy. Knight Frank’s findings suggest that homebuyer confidence is gradually strengthening, supported by a range of financing options and government initiatives that promote housing affordability.
As the sector moves into FY26, developers are expected to maintain focus on customer-centric offerings, digital engagement, and timely project deliveries. These trends indicate sustained growth potential in the Indian residential real estate sector.
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