Home sales value surges 14% in Q3 2025 despite flat volumes, premium segment dominates: PropTiger.com report

·       Sales volume in Chennai, Hyderabad and Bengaluru up; NCR, MMR and Pune down

National, October 15, 2025: Home sales across India’s 8 prime residential markets stabilized in the July-September quarter, with a marginal 1% year-on-year dip in volume to 95,547 units sold. In sharp contrast, the total value of properties sold during the quarter surged by 14% annually to reach INR 1.52 lakh crore, a clear indication of a market shift towards premiumization. These findings were published in the latest quarterly report, ‘Real Insight Residential: July-September 2025’, by digital real estate transaction & advisory platform PropTiger.com by Aurum Proptech.

The report also highlighted that new supply across the top eight cities saw a 5.1% annual decline, with 87,179 units launched. However, new launches registered a 3.6% growth over the previous quarter, signaling cautious optimism among developers. This trend suggests that developers are strategically launching higher-value projects to align with the current buyer demand, which is heavily skewed towards the premium and luxury segments.

Commenting on the report’s findings, Mr. Onkar Shetye, Executive Director of Aurum PropTech said, “The Indian residential market is clearly transitioning from a broad-based, volume-led recovery to a more mature and sustainable phase of value-driven growth. This quarter’s performance underscores the remarkable resilience of the premium segment, which continues to be the market’s primary growth engine, supported by stable macroeconomic fundamentals and strong buyer sentiment. Favorable conditions, such as the stability in interest rates and proactive policy reforms like the recent GST reduction on cement, have provided a crucial buffer against rising input costs and bolstered developer confidence. We are optimistic about the upcoming festive quarter, which will serve as a key indicator of consumer demand. However, it will also be a true test of the market’s ability to balance this growth momentum with emerging affordability challenges, particularly in the mid and entry-level segments.”

Hyderabad and Chennai Drive Sales Growth; MMR Remains Largest Market by Volume

The Q3 2025 data reveal a significant regional divergence in market performance. The southern and eastern markets emerged as the new engines of growth, with Chennai recording an exceptional 120.9% year-on-year (YoY) increase in sales, followed by Hyderabad with a robust 52.7% YoY growth. This performance stands in contrast to the moderation seen in key Western markets, where major hubs like the Mumbai Metropolitan Region (MMR) and Pune registered annual declines of 22.2% and 27.9%, respectively. Despite the dip, MMR remained the largest contributor to quarterly sales with a 24.4% share, followed by Hyderabad (18.5%), Bangalore (13.7%), and Pune (13.6%).

On the supply side, developer activity revived significantly in select markets. Kolkata witnessed a phenomenal 387.7% annual surge in new launches, while Chennai also saw new supply more than double with a 105.0% YoY increase, indicating renewed developer confidence in these regions.

SALES (UNITS)

  LAUNCHES (UNITS)

NOTE: Housing markets covered in the report are Ahmedabad, Bengaluru, Chennai, Hyderabad, Kolkata, NCR (Gurugram, Noida, Greater Noida, Ghaziabad, and Faridabad), MMR (Mumbai, Navi Mumbai and Thane), and Pune.

Corporate Comm India (CCI Newswire)