The Indian housing market reflects a clear shift in momentum. In fact, value growth is outpacing volume. Although the number of homes sold has dipped slightly, overall sales value has reached record levels. This, in turn, is supported by strong demand for premium and luxury housing.
According to the India Housing Report 2026, by CRE Matrix & NAR-INDIA, the average ticket size has increased to around ₹1.47 crore. Buyers are continuing to move toward larger, better-located, and higher-quality homes as a result.
India Housing Market – Key Findings
- ₹ 7.3 lakh Cr. – Value of primary housing units sold Pan India, up 8% YoY.
- ~4,97,500 units – Primary units sold, a ~3% decline from CY’24.
- ~5,42,900 units – New launches, down ~10% from ~6.2 lakh units in CY’23.
Despite a slight decline in volumes, India’s Tier-1 housing market continued to witness strong value growth in CY’25. Record sales were supported by premiumisation and higher ticket sizes, reflecting sustained demand across key cities. Overall, the market shows a clear trend of value-led expansion, driven by buyer preference for premium housing segments.
India Housing Market: City-wise Trends & Insights
| City | Growth | Market Trend &Totle unit sale | Avg Ticket Size | Key Insight |
| NCR | +14% | Strong~50,000 | ₹3.64 Cr | Luxury-driven market |
| Gurugram | -2% | Slowing~20,000 | ₹5.21 Cr | Ultra-luxury dominance |
| Noida | +58% | Rapid growth~19,000 | ₹2.79 Cr | Emerging hotspot |
| Bengaluru | +17% | Stable~62,000 | ₹1.71 Cr | Strong end-user demand |
| Hyderabad | +3% | Slight slowdown~53,000 | ₹1.96 Cr | Oversupply risk |
| MMR | +9% | Stable~1.52 lakh | ₹1.12 Cr | Steady premium demand |
| Mumbai | +4% | Limited supply~47,000 | ₹2.31 Cr | High-value market |
| Thane | +15% | Growing~59,000 | ₹0.70 Cr | Mid-segment strength |
| Raigad | +37% | Fast expansion~26,000 | ₹0.54 Cr | Peripheral growth |
| Palghar | +12% | Affordable-led~20,000 | ₹0.34 Cr | Entry-level housing dominated |
| Pune | -1% | Weak demand~85,000 | ₹0.78 Cr | Market cooling |
| Chennai | +28% | Recovery~22,000 | ₹1.14 Cr | Demand rebound |
| Ahmedabad | -4% | Soft~51,000 | ₹1.05 Cr | Demand decline |
| Kolkata | +2% | Stable~9,500 | ₹0.90 Cr | Stable market |
India Housing Market: Outlook
The Indian housing market in 2025 shows steady growth. Demand remains strong in key cities. Premium homes are driving value, while mid-segment housing continues to support overall sales. Cities like NCR and MMR lead in value. At the same time, Bengaluru and Chennai show stable demand from end-users.
Looking ahead, the market outlook is positive. Moreover, demand is expected to stay stable in the coming months. Developers will focus on better projects and planned launches. Buyers are also choosing quality and location over price. Therefore, this trend will shape the future of India’s housing market.
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