On Friday, realtors’ apex body The Confederation of Real Estate Developers Association of India (CREDAI) and research firm Licensing Forum released a report on residential real estate trends in India’s 50 major cities.
The report highlights the continued resilience of the housing market, with rising buyer aspirations, increased premiumization of housing demand and strong value growth driven by continued infrastructure-driven urban growth.
According to the data, housing sales in the primary markets of India’s 50 largest cities declined by 3 percent to 6,14,235 units in 2025 from 6,33,134 units in the previous year.
In value terms, sales last year rose to Rs. 8,46,648 crore, which is 16 percent higher than 7,29,112 crore during the 2024 calendar year.
CREDAI President Shekhar Patel said: “The 2025 figures mark more than a statistical milestone, they represent a fundamental shift in how India lives, invests and aspires. While 78 per cent of the sales value comes from homes priced above Rs 1 crore and ultra-luxury alone accounts for more than half of the assets, accounting for more than half of the investment value. Urban Infrastructure Initiatives success”.
He noted that tier-2, 3 and 4 cities are no longer peripheral and are emerging as engines of economic opportunity.
Pankaj Kapoor, Managing Director, Lyces Foras said: “Top metro cities continue to dominate India’s housing market in terms of sales, value and supply in 2025. However, tier-2 cities are increasingly emerging as important growth centers in the residential real estate sector.
Better connectivity, expansion of employment hubs and infrastructure driven initiatives are increasing demand for housing for both end users and investors in these markets, he added.
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