Real estate data analytics firm PropEquity pointed out on Wednesday that this was the lowest quarterly sales recorded since July-September 2021.
Housing sales in India’s top 9 cities fell to 98,019 units in the fourth quarter of 2025 from 1,16,137 units in the year-ago period. All 7 cities saw a decline in sales except Navi Mumbai and Delhi-NCR.
The data relates to primary residential markets.
Sameer Jasuja, founder and CEO, PropEquity said, “Traditionally, the October-December period records strong sales momentum and new launches driven by the festive season. However, the recent decline reflects a shift towards premiumization in the market, which shows value growth despite volume contraction.”
According to the data, housing sales in Bengaluru are estimated to have declined by 1 per cent to 15,603 units during the October-December period from 15,782 units in the year-ago period.
Sales in Chennai fell 3 percent to 4,542 units from 4,688 units.
Hyderabad recorded a 19 percent decline to 11,323 units from 13,902 units, while Kolkata saw an 11 percent decline to 3,995 units from 4,497 units.
Housing sales in Mumbai declined by 25 percent to 9,135 units from 12,223 units. Sales in Thane fell 26 percent to 16,987 units from 22,817 units.
Sales in Pune fell 31 percent to 15,788 units from 22,940 units.
However, demand in Navi Mumbai increased by 13 percent to 8,434 units from 7,496 units.
Housing sales in Delhi-NCR rose 4 per cent to 12,212 units during the October-December period from 11,792 units in the year-ago period.
According to PropEquity, fresh supply of residential properties fell 10 percent to 88,427 units in Q4 2025 from 98,664 units in the year-ago period.
PE Analytics Limited, an NSE-listed company, owns and operates PropEquity, covering over 1,70,000 projects from over 57,000 developers in over 44 cities.
(You can now subscribe to our ETMarkets WhatsApp channel)



