India's Housing Sales Drop 16% in Q4 2025; Supply Falls 10%

India's top 9 cities witnessed a 16% year-on-year decline in housing sales during Q4 2025, with supply also falling 10%, according to a PropEquity report. This marks the lowest quarterly sales since Q3 2021, driven by a market shift towards premiumization and economic uncertainties.

• Housing sales in India's top 9 cities fell 16% in Q4 2025 to 98,019 units.
• Housing supply in these cities also saw a 10% decline year-on-year.
• This represents the lowest quarterly sales recorded since Q3 2021.
• Navi Mumbai and Delhi-NCR registered sales growth, while Pune, Mumbai, and Hyderabad saw significant declines.
• The market is witnessing a shift towards premium housing, with value growth despite volume contraction.
• Full-year 2025 data indicates a 14% sales volume drop but a 6% value increase across 7 cities.

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