India’s residential real estate market has witnessed significant growth between 2021 and 2025, driven by rising homebuyer confidence, economic expansion, infrastructure development, and increasing demand across major cities. While transaction volumes highlight the strength of housing demand, the total value of homes sold reflects the scale and economic contribution of each residential market.
According to CRE Matrix housing intelligence, Hyderabad emerged as the leading Indian city by the total value of residential homes sold between 2021 and 2025, with sales worth ₹4.78 lakh crore. Mumbai and Bengaluru followed closely, making the top three cities the largest contributors to India’s residential market value during this period.
The ranking highlights how India’s leading metros and emerging growth markets continue to attract homebuyers through employment opportunities, infrastructure upgrades, and evolving housing preferences.
What Home Sales Value Reveals About India’s Residential Market
Home sales value provides a deeper understanding of the scale, maturity, and performance of residential markets across cities. While the number of homes sold indicates demand volume, the total value of transactions highlights the economic strength, pricing trends, and buyer preferences shaping each market.
Cities with higher residential sales value often reflect strong employment opportunities, infrastructure growth, premium housing demand, and sustained buyer confidence. Analysing home sales value helps identify leading residential markets, emerging growth corridors, and changing patterns in India’s housing sector, offering valuable insights for developers, investors, and real estate stakeholders.
Which Cities Recorded the Highest Home Sales in India Between 2021 and 2025?
Between 2021 and 2025, India’s residential real estate market witnessed strong growth across major cities, with several markets recording significant home sales activity. The performance of these cities was driven by factors such as employment growth, infrastructure development, affordability, and increasing demand for quality housing.
Hyderabad
Hyderabad recorded the highest residential sales value among Indian cities between 2021 and 2025, with homes worth ₹4,77,977 crore sold during the period. The city’s strong performance has been driven by rapid economic growth, expansion of technology and business hubs, and rising demand for premium and mid-segment housing. Micro-markets such as Gachibowli, HITEC City, Kondapur, and surrounding western suburbs have emerged as major residential destinations due to their proximity to employment centres and social infrastructure.
Mumbai
Mumbai secured the second position with residential sales worth ₹4,51,811 crore between 2021 and 2025. Despite being among India’s most expensive housing markets, Mumbai continues to attract strong demand due to limited land availability, premium residential developments, and its position as the country’s financial capital.
Bengaluru
Bengaluru ranked third, recording ₹3,92,047 crore worth of residential sales during the five-year period. India’s leading technology hub continues to witness strong housing demand due to its expanding IT ecosystem, startup activity, and growing presence of Global Capability Centres (GCCs). Markets such as Whitefield, Sarjapur Road, Electronic City, and North Bengaluru have remained key residential growth corridors.
Gurugram
Gurugram ranked fourth with residential sales worth ₹3,30,964 crore. The city’s growth has been supported by corporate expansion, premium housing demand, and infrastructure development. With its proximity to major business districts and growing commercial ecosystem, Gurugram continues to remain one of India’s most sought-after residential markets.
Ahmedabad
Ahmedabad recorded residential sales worth ₹2,91,765 crore, supported by affordability, industrial growth, and improving urban infrastructure. The city has witnessed steady demand from both end-users and investors, driven by planned development and expanding economic activity.
Pune
Pune recorded ₹2,82,293 crore in residential sales, supported by demand from IT professionals, manufacturing industries, and its growing position as an employment hub. Areas connected to major IT corridors continue to attract homebuyers due to better connectivity, lifestyle infrastructure, and relatively attractive pricing.
Thane
Thane recorded ₹1,71,012 crore worth of residential sales between 2021 and 2025. The city’s growth has been driven by improved connectivity, infrastructure development, and demand for spacious homes at competitive prices compared to Mumbai. Key areas such as Ghodbunder Road and Majiwada have emerged as major residential growth corridors.
Noida
Noida recorded ₹1,35,388 crore in residential sales during 2021–2025. The city’s planned infrastructure, proximity to employment hubs, and growing commercial ecosystem have supported housing demand, especially across Noida Expressway and Greater Noida corridors.
Chennai
Chennai witnessed ₹95,206 crore worth of home sales between 2021 and 2025. Strong demand from IT, manufacturing, and automobile sectors, along with growth in areas like OMR and Porur, has supported the city’s residential market.
Kolkata
Kolkata recorded ₹72,927 crore in residential sales during the period. Affordable housing options, infrastructure improvements, and growth in areas such as New Town and Rajarhat have contributed to steady residential demand.
How Does CRE Matrix Provide Insights Into India’s Residential Growth?
CRE Matrix provides comprehensive housing intelligence by tracking residential registrations, project launches, developer activity, transaction trends, inventory movement, and micro-market performance across India’s key cities.
With access to verified residential transaction data, developers, investors, lenders, and real estate professionals can gain deeper market visibility, identify growth opportunities, and make data-driven decisions.
The strong residential sales performance between 2021 and 2025 highlights the resilience and expansion of India’s housing market. As urbanisation, infrastructure development, and homebuyer aspirations continue to shape demand, cities such as Hyderabad, Bengaluru, Pune, Thane, and Ahmedabad are expected to remain important contributors to residential growth.
Track India’s evolving housing markets with CRE Matrix Housing Intelligence and access verified sales data, market trends, developer insights, and micro-market analytics to make smarter real estate decisions.
