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

Business
M
Moneycontrol•16-02-2026, 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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