Housing sales across India’s top seven cities declined 20% year-on-year in Q2 2025, with approximately 96,285 units sold compared to over 1.2 lakh units in the same period last year, according to the latest data from ANAROCK Research. On a quarterly basis, however, sales saw a modest 3% rise.

Among the seven major cities, only Chennai bucked the national trend, recording an 11% annual sales increase to around 5,660 units. The city also saw a sharp 40% rise from the previous quarter. In contrast, sales in MMR and Pune, which together contributed nearly half of all homes sold in Q2, fell by 25% and 27% year-on-year, respectively.

Bengaluru saw sales rise slightly (1%) from the previous quarter but was still 8% below last year’s numbers. Hyderabad posted a 9% quarterly rise but dropped 27% annually. Kolkata saw the steepest sequential fall at 10%.

Developers launched 98,625 new units in Q2 2025, a 16% drop year-on-year, as they responded to subdued demand. MMR led in fresh supply with over 28,000 units but saw a 36% annual decline. NCR was the only city with a supply uptick—launches rose 69% quarter-on-quarter and 10% year-on-year, driven heavily by high-end projects.

Average residential prices in the top cities rose 11% year-on-year, with NCR leading the surge at 27%, followed by Bengaluru (12%) and Hyderabad (11%). However, quarterly price growth has begun to moderate, coming in at just 1%.