Faridabad's affordable housing market faces a steep 15% sales drop in H1 2025, linked to US President Trump's 25% tariffs raising construction costs. Anarock reports homes up to Rs 45 lakh now just 18% of sales, down from 38% in 2019, as buyers shift to premium segments amid Delhi-NCR's broader slump.
Mumbai's housing market saw a 17% sales decline in Q3 2025, driven by high interest rates and economic uncertainties, per Aurum PropTech. This follows a 34% drop in Q2, indicating ongoing market caution.
Thane experiences a significant drop in housing sales and supply during Q2 2025, reflecting broader market challenges despite strong luxury developments.
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...