Indian Property Market 2025: Moderation Amid Robust Demand

In 2025, the Indian residential property market is set to deliver fewer units compared to 2024 but remains strong. A report predicts 3.6 lakh units for 2025 as opposed to over 4 lakh in 2024. Despite this moderation, the market surpasses pre-pandemic levels, powered by economic stability and lifestyle changes.

The Indian residential property market is poised for a shift in 2025, with the delivery of 3.6 lakh units, a drop from over 4 lakh units in 2024, Square Yards reports. However, the sector continues to perform well above pre-pandemic benchmarks, indicating a sophisticated market ready for its next growth phase.

According to Tanuj Shori, Founder and CEO of Square Yards, this moderation is a natural cycle progression, reflecting balanced growth in residential demand and supply. The market's annual sales have surpassed 5 lakh units and Rs 4 lakh crore, exceeding pre-2020 figures, suggesting a healthy trajectory.

A favorable economic landscape and evolving lifestyle choices are expected to drive momentum in the coming year. The post-pandemic period has catalyzed an upswing in India's real estate sector, with sustainable growth reinforced by consumer demand and a strong preference for homeownership, Shori noted.

In 2024, the market continued its ascent with 5.77 lakh residential deals in primary and secondary markets, marking a 4% increase from 2023. The transaction value exceeded Rs 4 lakh crore, showing a YoY growth of 2%. This demand surge has led to significant property price hikes, with western and southern cities leading in volume, while northern regions like Gurugram witnessed notable price escalations.

Gurugram experienced a 132% rise in real estate prices since 2019, as demand for luxury properties soared. Similarly, Greater Noida and Noida saw a 67% increase over five years, spurred by the development of the Jewar Airport, promising enhanced connectivity and economic potential. (ANI)