Thane's residential market posts highest-ever Q1 FY26 performance with 3,130 homes sold, driven by budget-friendly prices and skyscraper living. Demand remains strong despite price hikes, as infrastructure upgrades and affordability compared to Mumbai suburbs attract buyers.
Chennai leverages prefabricated concrete technology to accelerate affordable housing development, targeting 18-month project timelines. This innovation addresses urban shortages efficiently by reducing construction costs and improving scalability. Modular production minimizes delays, offering durable solutions for middle-income buyers while aligning with sustainable urban planning goals.
Pune's new residential launches decreased by 32% in H1 2016 compared to H1 2015, while unsold inventory reached a 5-year low. Office space transactions also slowed down due to lack of new supply.
Real estate sector faces slump due to high interest rates and economic slowdown, forcing developers to focus on affordable housing in Tier-II and Tier-III cities.