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, 15th October, 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)
|
City |
Q3 25 |
Q3 24 |
YoY (%) |
Q2 25 |
QoQ (%) |
|
Ahmedabad |
8,889 |
9,352 |
-4.9 |
9,451 |
-5.9 |
|
Bangalore |
13,124 |
11,160 |
17.6 |
15,628 |
-16.0 |
|
Chennai |
7,862 |
3,560 |
120.9 |
5,283 |
48.8 |
|
Delhi NCR |
7,961 |
10,098 |
-21.2 |
10,051 |
-20.8 |
|
Hyderabad |
17,658 |
11,564 |
52.7 |
11,513 |
53.4 |
|
Kolkata |
3,729 |
2,796 |
33.4 |
3,847 |
-3.1 |
|
MMR |
23,334 |
30,010 |
-22.2 |
25,939 |
-10.0 |
|
Pune |
12,990 |
18,004 |
-27.9 |
15,962 |
-18.6 |
|
Total |
95,547 |
96,544 |
-1.0 |
97,674 |
-2.2 |
LAUNCHES (UNITS)
|
City |
Q3 25 |
Q3 24 |
YoY (%) |
Q2 25 |
QoQ (%) |
|
Ahmedabad |
4,677 |
6,559 |
-28.7 |
4,211 |
11.1 |
|
Bangalore |
12,311 |
13,972 |
-57.8 |
12,307 |
-52.0 |
|
Chennai |
9,530 |
4,649 |
105.0 |
7,606 |
25.3 |
|
Delhi NCR |
7,435 |
11,955 |
-55.7 |
10,421 |
-49.2 |
|
Hyderabad |
12,530 |
8,546 |
46.6 |
10,748 |
16.6 |
|
Kolkata |
3,469 |
1,516 |
387.7 |
2,202 |
235.8 |
|
MMR |
24,692 |
31,123 |
-20.7 |
23,062 |
7.1 |
|
Pune |
17,163 |
13,543 |
26.7 |
13,581 |
26.4 |
|
Total |
91,807 |
91,863 |
-5.1 |
84,138 |
3.6 |
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.
About Aurum PropTech:
Aurum PropTech Limited (www.aurumproptech.in) is a company listed with BSE Limited (Scrip code: 539289) and National Stock Exchange of India Limited (Scrip code: AURUM). It aims to bring transparency, trust and digital transformation in the real estate sector through its Integrated PropTech Ecosystem.
It owns and operates, NestAway Technologies
– India’s premier rental marketplace, using technology to enable property
owners find tenants and manage properties efficiently; Aurum Analytica, a data
analytics company powering real estate developers identify prospective buyers
for their properties; Sell.do India’s leading Sales Automation and Digital Transformation
company for real estate and PropTiger.com – A leading digital real estate transaction and
advisory platform offering a full-stack service for property search, home
loans, and post-sales support.
About Aurum Ventures:
Aurum Ventures (www.aurumventures.in) is a new age Real Estate
Group with end-to-end capabilities from Acquisition, Design, Execution, Project
Management, Property Management, Sales, Leasing and Hospitality. It is bringing
digital transformation to the real estate sector through its PropTech
Ecosystem.