Bhubaneswar's real estate market soared in Q3 2025 with 1,200 unit sales, up 20% YoY. Premium segment jumped to 10-13% share thanks to GST drop from 12% to 8% on under-construction units, boosting buyer confidence. Over 80% deals in ₹30-60 lakh range near smart-city areas and airport. NRIs drive demand for ready-to-move gated communities amid 9-10 month inventory.
Wave City in Ghaziabad recorded over 25% sales growth during the Diwali 2025 festive season, per IBRF data, fueling NCR's 24% annual housing price rise in Q3 2025, the highest in major Indian cities. Knight Frank India notes luxury sales up 15-20%, driven by policy stability and buyer confidence in premium homes.
The Reserve Bank of India's choice to keep the repo rate steady at 5.5% during its October 2025 review fosters a stable backdrop for Jaipur's property scene. This, alongside GST tweaks, drives buyer interest in affordable homes, sparking festive season sales in this tier-2 city. Developers note rising demand for long-term value.