Southern Metros Defy National Trend with Robust Housing Sales Growth
India's southern metropolitan hubs of Bengaluru, Hyderabad, and Chennai have demonstrated remarkable resilience in the residential real estate sector, collectively witnessing a substantial 15 percent surge in housing sales during the 2025 calendar year. According to the latest data released by real estate consultant PropTiger, these three cities together sold over 1.33 lakh units, showcasing strong market activity despite broader economic headwinds.
National Overview Reveals Mixed Performance Across Cities
PropTiger, which was acquired last year by Mumbai-based listed entity Aurum PropTech, compiled comprehensive data on primary housing markets across eight major Indian cities. The findings reveal a contrasting picture: while overall housing sales across these eight cities declined by 12 percent to 3,86,365 units in 2025 from 4,36,992 units in the preceding year, specific regions exhibited divergent trajectories.
Sales of residential properties experienced declines in the Mumbai region, Delhi-NCR, Pune, and Ahmedabad. However, Bengaluru, Hyderabad, Chennai, and Kolkata bucked this trend by registering positive growth, highlighting regional variations in market dynamics.
Detailed City-Wise Performance Analysis
The southern cities particularly stood out with impressive individual performances:
- Bengaluru recorded a 13 percent increase in housing sales, rising to 54,414 units in 2025 from 48,272 units in 2024.
- Chennai witnessed an extraordinary 55 percent jump in sales, reaching 24,892 units compared to 16,044 units in the previous year.
- Hyderabad saw a modest yet positive 6 percent growth, with sales climbing to 54,271 units from 51,337 units.
Collectively, these three southern cities achieved sales of 1,33,577 units in 2025, marking a significant 15.5 percent increase from 1,15,653 units in 2024. Kolkata also contributed to the positive momentum with a 12 percent rise in housing sales to 15,172 units from 13,605 units.
Declining Markets and Supply Constraints
In contrast, several major markets faced substantial setbacks:
- The Mumbai region experienced a sharp 26 percent decline in housing sales, dropping to 1,05,595 units from 1,43,487 units.
- Delhi-NCR saw a 13 percent dip to 35,711 units from 41,029 units.
- Pune recorded a 12 percent decrease to 59,223 units from 81,281 units.
- Ahmedabad's housing sales fell by 12 percent to 37,087 units from 41,937 units.
Furthermore, the total new supply across the eight cities decreased by 6 percent to 3,61,096 units in 2025, down from 3,85,221 units in 2024. PropTiger noted that this represents the lowest annual supply since 2021, indicating a cautious approach from developers.
Expert Insights on Market Recalibration
Onkar Shetye, Executive Director of Aurum PropTech, provided valuable context to these figures. "2025 was not a year of demand destruction, but one of recalibration," he observed. "Buyers remained active but more deliberate, while developers responded with disciplined supply management. This prevented inventory stress and helped prices remain resilient despite softer volumes."
This analysis suggests that the Indian housing market is undergoing a strategic adjustment, with southern cities emerging as particularly robust performers due to better supply alignment and sustained demand. The data underscores the importance of regional factors in shaping real estate trends across the country.
