Housing sales in India's top nine cities fell 4% year-on-year last quarter to 1,00,370 units, marking the tenth straight decline, according to PropEquity. New launches remained muted at 92,229 units-flat annually but down 10% quarter-on-quarter. Maharashtra markets, including Mumbai, Navi Mumbai, Thane and Pune, drove the contraction with drops of 6-28%, though Pune still led with 17,762 units sold. Bengaluru saw sales rise 21%, while Chennai and Kolkata posted 16% and 25% growth. Launches surged in Kolkata (173%) but slumped in Delhi-NCR and Chennai. PropEquity expects about 4 lakh launches and 4.5 lakh sales for the year, with festive demand likely to drive recovery.Read more

India has ranked first globally in Cushman & Wakefield's Global Trends in Flexible Office 2025 report, scoring a perfect 100 on the maturity index for co-working and flexible offices. This places it ahead of the UK (98), France (97), the US (81), and Singapore and Japan (77). India's flexible office stock stands at 79.7 million sq ft across major cities, expected to surpass 100 million sq ft by 2026, making it Asia-Pacific's largest market. Experts note that corporates and global capability centres are driving demand for scalable, cost-efficient solutions. With more operators going public and consolidation expected, India's flex sector is set for sustained, transparent growth.Read more

The National Highways Authority of India (NHAI) is expected to generate between INR 35,000 crore and INR 40,000 crore in the fiscal year 2025-26 through the monetisation of road assets, according to ICRA. This projection surpasses the INR 30,000 crore target set for the year. The funds are anticipated to come from Toll-Operate-Transfer (TOT) and Infrastructure Investment Trust (InvIT) mechanisms, contributing to a cumulative total of approximately INR 1.3 lakh crore since FY2019.Read more

Kolkata's residential property market registered 6,196 sales in August, a 15 percent increase from a year ago and 33 percent higher compared to July. Both new sales and resale transactions contributed to this rise. From January to August, registrations touched 41,440 units, up 37 percent from the same period last year. According to Knight Frank India, the demand is being supported by preference for larger homes, improving connectivity, and easier financing options. Analysts expect the growth trend to continue through the festive period and the rest of 2025.Read more

Deloitte's recent report projects that India's residential construction sector will grow to USD 350 billion by 2030, fueled by urbanization, rising incomes, and government policies. Key growth areas include building materials, consumer electricals, home furniture and decor, home security, paints and construction chemicals, and flooring. Branded products, digital awareness, and energy-efficient trends are expected to further drive growth. The report highlights the potential of tier-2 and tier-3 cities in shaping the future of India's residential construction market.Read more

CREDAI, the apex body of real estate developers with over 13,000 members, has released its "National Real Estate Development Framework Vision 2047" during its annual conference in Singapore. The plan sets out nine focus areas including land reforms, affordable housing through land banks, development of 100 new cities, easier and faster building approvals, rationalised charges, and dedicated infrastructure funding. It also highlights slum redevelopment, promotion of green buildings, adoption of new technology, skilling and labour welfare, and climate-resilient urban planning. The framework calls for phased implementation with strong oversight at both national and state levels.Read more

The National Real Estate Development Council (NAREDCO) has approached the Prime Minister, suggesting that his birthday be celebrated as 'Right to Housing Day' to acknowledge his efforts in advancing affordable housing in India. The industry body highlighted that under the Pradhan Mantri Awas Yojana, over four crore homes have been built, with further expansion expected through PMAY-U 2.0. NAREDCO also commended GST rationalisation and reforms such as RERA, which have strengthened transparency and professionalism in the real estate sector, pledging continued support for 'Housing for All'.Read more

India's eight largest cities have almost doubled their urban built-up areas over the past thirty years, reflecting a significant urban transformation. According to a recent report by Square Yards, these cities have added over 2,100 square km of urban structures since the mid-1990s. Pune recorded the fastest growth, while Hyderabad, Kolkata, and Bengaluru also saw substantial expansion. The report emphasizes that this growth is driven by population migration to urban centres, creating strong demand for new housing, infrastructure, and urban services, and reshaping how people live and work.Read more

Mumbai's housing sector is witnessing significant transformation through society redevelopment, with over 44,000 new homes expected to come up by 2030, valued at around INR 1.3 lakh crore, according to Knight Frank India. Since 2020, 910 housing societies have signed development agreements, unlocking more than 326 acres of potential land. Western suburbs are projected to account for the majority of these additions, while South Mumbai will see modest growth. With nearly 1.6 lakh societies eligible for redevelopment, and state revenues from free-sale units and GST projected at over INR 13,000 crore combined, redevelopment is proving to be a major driver of urban renewal.Read more

A recent survey by realty consultant Anarock reveals that over 90 per cent of prospective homebuyers are worried about escalating residential property prices. The survey, which included nearly 8,250 participants, found varying degrees of concern, with nearly half expressing high anxiety. Average residential prices have surged by more than 50 per cent over the past two years, prompting most buyers to either delay or reconsider their property purchases. Affordability constraints and limited budget-friendly options are cited as the primary reasons behind the cautious approach.Read more