Tech layoffs and market volatility slow housing momentum in Hyderabad, Bengaluru, Gurugram
Business
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Moneycontrol16-02-2026, 18:11

Tech Layoffs, Market Volatility Slow Housing Momentum in Hyderabad, Bengaluru, Gurugram

  • Housing momentum in Hyderabad, Bengaluru, and Gurugram is slowing due to tech layoffs and market volatility.
  • Home sales are losing steam as job uncertainty and a sluggish equity market dampen buyer confidence.
  • Buyers are postponing major purchases, with decision-making taking longer in key tech hubs.
  • Residential sales nationwide declined 12% to 3.86 lakh units in 2025, the lowest since 2022.
  • Developers note healthy site visits but slower conversions, as tech professionals delay commitments.

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