India's Home Sales Dip 1% in 2025, But Real Estate Momentum Holds Steady

• Residential home sales in India's top eight markets declined by 1% in 2025 after four years of growth, with 3,48,207 units sold.
• Launches also fell by 3%, and unsold inventory slightly increased, yet experts like Knight Frank India see no major market upheaval.
• Sales in the affordable housing segment remained weak, while premium and luxury housing continued its post-COVID growth trend.
• Despite sales decline, home prices grew across all major markets, with NCR seeing a 19% rise and Mumbai 7%.
• Launch slowdown is attributed to supply-side constraints like high costs, funding issues, and regulatory delays, rather than a demand slump.

Why It Matters: Despite a slight dip in sales and launches, India's residential real estate market shows stable momentum with price growth and healthy inventory.