By Admin 
Real Estate News: Due to the continuous increase in house prices and the impact of layoffs in the information technology (IT) sector, a huge decline of 14 percent has been recorded in the sales of residential properties during the year 2025 in seven major cities of the country. According to the report released on Friday by real estate advisory company Anarock, despite the decline in sales, due to higher prices, the total selling value increased by six percent and reached more than Rs 6 lakh crore.
Decline in sales of residential properties
The report states that a total of 3,95,625 houses were sold in Mumbai Metropolitan Region (MMR), Delhi-NCR, Bengaluru, Pune, Kolkata, Hyderabad and Chennai in 2025, while in 2024 this figure was 4,59,645 units. According to Anarock, residential demand remained under pressure this year due to rising housing prices, layoffs in the IT sector, geopolitical tensions and global economic uncertainties. Sales declined in six out of seven major cities, while Chennai was the only city where residential sales registered an increase.
If we look at city-wise figures, residential sales in Mumbai Metropolitan Region declined by 18 percent to 1,27,875 units. In Pune, sales declined by 20 percent to 65,135 units, while in Bengaluru, sales declined by five percent to 62,205 units. Home sales in Delhi-NCR, which has been a fast-growing market in the last few years, declined by eight percent to 57,220 units.
Impact of geopolitical turmoil and layoffs
Hyderabad recorded the highest decline of 23 percent and sales dropped to 44,885 units. Sales in Kolkata also declined by 12 percent to 16,125 units. In contrast, the residential market in Chennai performed better and sales there increased by 15 percent to 22,180 units.
According to the Anarock report, average residential prices in seven major cities are expected to rise by eight per cent to Rs 9,260 per sq ft by 2025, from Rs 8,590 per sq ft at the end of last year. Anarock Chairman Anuj Puri said that the year 2025 was full of geopolitical turmoil, layoffs in the IT sector and global economic uncertainties, but despite this, the pace of increase in residential prices has come down to single digits from double digits in previous years. He said that the performance of the residential real estate sector in the coming year will largely depend on how much the Reserve Bank of India cuts interest rates and what steps developers take to keep prices under control.
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