News: India Home Sales Hit Rs 8.46 Lakh Crore in 2025-13-03-2026
India’s housing market recorded sales of 6.14 lakh units worth over Rs 8.46 lakh crore in 2025, a 16% rise in value over 2024, according to a report by the Confederation of Real Estate Developers’ Associations of India (CREDAI) and property analytics firm Liases Foras. The report, Indian Real Estate CY 2025, tracks 50 major cities.
Growth in units sold was moderate compared with the previous year, and the report said the sharp rise in value reflects a structural shift towards higher-value homes. Homes priced above Rs 1 crore accounted for 78% of total sales value. Within that, homes above Rs 2 crore contributed 51% and the Rs 1-2 crore band about 27%. The Rs 50 lakh to Rs 1 crore mid-income segment made up around 16%, the Rs 30 lakh to Rs 50 lakh affordable segment roughly 5%, and homes below Rs 30 lakh just 1%.
New launches across the 50 cities were approximately 4.99 lakhs units, while unsold inventory was estimated at around 9.63 lakhs units, which the report described as a relatively stable pipeline with balanced supply.
By sales value, the report said Greater Mumbai led with Rs 1.33 crores, followed by Hyderabad (Rs 1.08 crores), Gurugram (Rs 1.07 crores), Bengaluru (Rs 1.02 crores), and Noida and Greater Noida (Rs 42,267 crores). Bengaluru recorded the highest rise in the House Price Index (HPI) in 2025, followed by strong appreciation in Hyderabad, Ahmedabad, Pune and Greater Mumbai.
Pankaj Kapoor, Managing Director, Liases Foras, said top metros continue to dominate in sales, value and supply, but Tier-2 cities are emerging as important growth centres. Better connectivity, expanding employment hubs and initiatives such as the government’s City Economic Regions (CERs) are lifting demand there from end-users and investors.
Shekhar Patel, President, CREDAI, said the share of Rs 1 crore-plus homes, with ultra-luxury alone driving over half the value, signals rising household wealth, maturing investor confidence and the success of urban infrastructure initiatives such as Gati Shakti. Tier-2, 3 and 4 cities are no longer peripheral, he said, and CREDAI sees premium-led, infrastructure-backed growth as the basis for sustainable urbanisation over the next decade.
