Premium housing demand rises 4% in 2025 even as overall sales fall 12%: JLL
Homes priced at ₹1 crore and above recorded a 4% annual growth, led by the ₹1.5–3 crore segment, which saw demand surge by around 10% compared to the same period last year.
Homes priced at ₹1 crore and above recorded a 4% annual growth, led by the ₹1.5–3 crore segment, which saw demand surge by around 10% compared to the same period last year.
Despite a dip in overall sales volume, the total sales value in the period rose by 14% - from approx. INR 1.33 lakh Cr in Q3 2024 to approx. INR 1.52 lakh Cr in Q3 2025.
Stability in interest rates offers clarity for both developers and homebuyers, enabling structured planning and decision-making.
There was an annual sales drop of 20%, with approx. 96,285 units sold in the quarter against approx. 1,20,335 units in Q2 2024.
Housing sales in Q1 2025 stood at 1,05,791 units as compared to 1,36,702 units in the same period last year. Except Bengaluru and Delhi-NCR, all 7 cities witnessed a decline in sales.
Housing sales in India’s 8 prime residential markets dipped 26% in the October-December period of 2024.
Housing sales in the top 7 cities witnessed a marginal 4% decline in 2024, however, the overall sales value of housing units saw a 16% yearly jump.
Housing supply fell to 85,765 units in Q4 CY2024 as against 1,27,936 units in the same period last year.