While Mumbai and Thane experienced declines, Navi Mumbai saw a 12% rise in new real estate projects during Q3 2025, highlighting its resilience amid the broader MMR market slowdown.
From January to July 2025, Chennai saw the launch of over 135 new residential projects, focusing mainly on 2BHK and 3BHK apartments tailored to mid-income homebuyers.
Ahmedabad’s real estate market saw a 7.7% drop in new projects during FY 2023-24, driven by increased construction costs and a surge in urban redevelopment.