Navi Mumbai’s residential market shows relative strength with only 7% sales decline in Q1 2025, outpacing Mumbai’s 36% drop as infrastructure projects and affordability drive buyer interest despite national slowdowns.
Q1 2025 data reveals a sharp 23% decline in housing sales across Mumbai Metropolitan Region (MMR) compared to Q1 2024, alongside a 34% drop in new residential supply. Rising property prices and geopolitical headwinds are major contributors to this market slowdown, with luxury segments dominating new launches. Experts warn of potential market adjustments as affordability concerns impact buyer...