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India's housing market slips 20 per cent in Q2 2025; MMR and Pune in lead amid drop: Report

Mumbai Metropolitan Region (MMR) and Pune together made up nearly 48 per cent of all housing sales, despite annual drops of 25 per cent and 27 per cent respectively

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According to the report, despite the overall slowdown, the Mumbai Metropolitan Region (MMR) and Pune remained the top-performing markets. Representational Pic/File

According to the report, despite the overall slowdown, the Mumbai Metropolitan Region (MMR) and Pune remained the top-performing markets. Representational Pic/File

India’s top seven cities witnessed a 20 per cent year-on-year decline in housing property or real estate market sales in Q2 2025, according to a report by ANAROCK Research. Approx. 96,285 units were sold in the quarter, down from over 1.20 lakh units in the same period last year.

According to the report, despite the overall slowdown, the Mumbai Metropolitan Region (MMR) and Pune remained the top-performing markets, jointly accounting for nearly 48 per cent of total sales. MMR sold approx. 31,275 units, down 25 per cent from last year, while Pune recorded 15,410 units, marking a 27 per cent drop.

The report attributes the slowdown to rising property prices and geopolitical tensions, but also notes a 3 per cent quarter-on-quarter growth, signalling early signs of market recovery.

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