Housing sales fell 1 per cent last year to over 3.48 lakh units across eight major cities, with demand stagnating amid an average price rise of up to 19 per cent, according to Knight Frank.
In a virtual press conference on Wednesday, real estate consultant Knight Frank India noted that the decline in interest rates on home loans, strong economic growth and lower inflation were some of the key factors that helped in sustaining the housing demand during the 2025 calendar year despite fears of an impending correction.
As per the data, the housing sales rose 1 per cent in 2025 to 3,48,207 units across eight major cities of the country.
The data pertains to primary residential market only.
Knight Frank India CMD Shishir Baijal said the sales momentum continued last year despite rise in weighted average prices.
“The contribution of NRIs in housing sales has risen to 12-15 per cent from single digit a decade ago,” he told reporters.
Among cities, sale of residential properties in the Mu​Housing sales fell 1 per cent last year to over 3.48 lakh units across eight major cities, with demand stagnating amid an average price rise of up to 19 per cent, according to Knight Frank.
In a virtual press conference on Wednesday, real estate consultant Knight Frank India noted that the decline in interest rates on home loans, strong economic growth and lower inflation were some of the key factors that helped in sustaining the housing demand during the 2025 calendar year despite fears of an impending correction.
As per the data, the housing sales rose 1 per cent in 2025 to 3,48,207 units across eight major cities of the country.
The data pertains to primary residential market only.
Knight Frank India CMD Shishir Baijal said the sales momentum continued last year despite rise in weighted average prices.
“The contribution of NRIs in housing sales has risen to 12-15 per cent from single digit a decade ago,” he told reporters.
Among cities, sale of residential properties in the Mu ​Latest News [ SOBAN NEWS: International and National ]
