Sales volume in Chennai, Hyderabad and Bengaluru up; NCR, MMR and Pune down
Home sales across India’s 8 prime residential markets stabilized in the July-September quarter, with a marginal 1% year-on-year dip in volume to 95,547 units sold. In sharp contrast, the total value of properties sold during the quarter surged by 14% annually to reach INR 1.52 lakh crore, a clear indication of a market shift towards premiumization. These findings were published in the latest quarterly report, ‘Real Insight Residential: July-September 2025’, by digital real estate transaction & advisory platform PropTiger.com by Aurum Proptech.
The report also highlighted that new supply across the top eight cities saw a 5.1% annual decline, with 87,179 units launched. However, new launches registered a 3.6% growth over the previous quarter, signaling cautious optimism among developers. This trend suggests that developers are strategically launching higher-value projects to align with the current buyer demand, which is heavily skewed towards the premium and luxury segments.
Commenting on the report’s findings, Mr. Onkar Shetye, Executive Director of Aurum PropTechsaid, “The Indian residential market is clearly transitioning from a broad-based, volume-led recovery to a more mature and sustainable phase of value-driven growth. This quarter’s performance underscores the remarkable resilience of the premium segment, which continues to be the market’s primary growth engine, supported by stable macroeconomic fundamentals and strong buyer sentiment. Favorable conditions, such as the stability in interest rates and proactive policy reforms like the recent GST reduction on cement, have provided a crucial buffer against rising input costs and bolstered developer confidence. We are optimistic about the upcoming festive quarter, which will serve as a key indicator of consumer demand. However, it will also be a true test of the market’s ability to balance this growth momentum with emerging affordability challenges, particularly in the mid and entry-level segments.”
Hyderabad and Chennai Drive Sales Growth; MMR Remains Largest Market by Volume
The Q3 2025 data reveal a significant regional divergence in market performance. The southern and eastern markets emerged as the new engines of growth, with Chennai recording an exceptional 120.9% year-on-year (YoY) increase in sales, followed by Hyderabad with a robust 52.7% YoY growth. This performance stands in contrast to the moderation seen in key Western markets, where major hubs like the Mumbai Metropolitan Region (MMR) and Pune registered annual declines of 22.2% and 27.9%, respectively. Despite the dip, MMR remained the largest contributor to quarterly sales with a 24.4% share, followed by Hyderabad (18.5%), Bangalore (13.7%), and Pune (13.6%).
On the supply side, developer activity revived significantly in select markets. Kolkata witnessed a phenomenal 387.7% annual surge in new launches, while Chennai also saw new supply more than double with a 105.0% YoY increase, indicating renewed developer confidence in these regions.
SALES (UNITS)
City
Q3 25
Q3 24
YoY (%)
Q2 25
QoQ (%)
Ahmedabad
8,889
9,352
-4.9
9,451
-5.9
Bangalore
13,124
11,160
17.6
15,628
-16.0
Chennai
7,862
3,560
120.9
5,283
48.8
Delhi NCR
7,961
10,098
-21.2
10,051
-20.8
Hyderabad
17,658
11,564
52.7
11,513
53.4
Kolkata
3,729
2,796
33.4
3,847
-3.1
MMR
23,334
30,010
-22.2
25,939
-10.0
Pune
12,990
18,004
-27.9
15,962
-18.6
Total
95,547
96,544
-1.0
97,674
-2.2
NEW LAUNCHES (UNITS)
City
Q3 25
Q3 24
YoY (%)
Q2 25
QoQ (%)
Ahmedabad
4,677
6,559
-28.7
4,211
11.1
Bangalore
12,311
13,972
-57.8
12,307
-52.0
Chennai
9,530
4,649
105.0
7,606
25.3
Delhi NCR
7,435
11,955
-55.7
10,421
-49.2
Hyderabad
12,530
8,546
46.6
10,748
16.6
Kolkata
3,469
1,516
387.7
2,202
235.8
MMR
24,692
31,123
-20.7
23,062
7.1
Pune
17,163
13,543
26.7
13,581
26.4
Total
91,807
91,863
-5.1
84,138
3.6
NOTE: Housing markets covered in the report are Ahmedabad, Bengaluru, Chennai, Hyderabad, Kolkata, NCR (Gurugram, Noida, Greater Noida, Ghaziabad, and Faridabad), MMR (Mumbai, Navi Mumbai and Thane), and Pune.
About Aurum PropTech:
Aurum PropTech Limited (www.aurumproptech.in) is a company listed with BSE Limited (Scrip code: 539289) and National Stock Exchange of India Limited (Scrip code: AURUM). It aims to bring transparency, trust and digital transformation in the real estate sector through its Integrated PropTech Ecosystem. It owns and operates, NestAway Technologies – India’s premier rental marketplace, using technology to enable property owners find tenants and manage properties efficiently; Aurum Analytica, a data analytics company powering real estate developers identify prospective buyers for their properties; Sell.do India’s leading Sales Automation and Digital Transformation company for real estate and PropTiger.com – A leading digital real estate transaction and advisory platform offering a full-stack service for property search, home loans, and post-sales support.
About Aurum Ventures:
Aurum Ventures (www.aurumventures.in) is a new age Real Estate Group with end-to-end capabilities from Acquisition, Design, Execution, Project Management, Property Management, Sales, Leasing and Hospitality. It is bringing digital transformation to the real estate sector through its PropTech Ecosystem.
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For details, please contact:
Sonia Jain Company Secretary & Compliance Officer Email: investors@aurumproptech.in
Rihen Shah Lead Investor Relations & Strategy Email: investors@aurumproptech.in
