Pune's real estate market faces consolidation as buyers grapple with a 76% surge in average home prices and a 45% jump in house-to-income ratios. Developers slow launches while affluent buyers drive demand for larger homes, with East Pune recording 9.6% price growth. Metro corridors boost traction in Hinjewadi.
Indore emerges as a leader in residential plot launches between 2022–May 2025, with 45,591 plots sold in early 2025 alone. Driven by investor appetite and developer strategies, the city outpaces tier-I rivals, signaling a paradigm shift in India’s real estate market toward tier-II growth.
Ghaziabad's residential prices surged 139% since 2019, driven by high-end developments and improved infrastructure, transforming micro-markets into premium destinations.
Amid India's 20% YoY housing sales drop, Chennai stood out with 11% annual growth and 40% QoQ surge. New launches jumped 65% YoY, driven by GCCs and premium demand. Developers are strategically boosting supply to meet rising demand in this outlier market.
Patna's real estate market experiences a slowdown in Q1 2025, mirroring national trends. The city sees reduced new housing supply as developers adopt a cautious stance due to sluggish sales.
Despite an 8% year-on-year increase to 16,729 units in H2 2024, Chennai's housing market maintains healthy sales velocity, indicated by a 4.3-quarters QTS metric. Developers refocus on affordable mid-range projects amid stable demand but slower absorption rates compared to competitive metro markets.
In response to RBI's new loan policy, developers are introducing offers and freebies to attract buyers amid an economic slowdown and unsold inventories.