The new supply of housing properties in India's top-9 cities dropped by 34%, with 80,774 units launched between January and March 2025, compared to 1,22,365 units in the same period last year
Among the cities, Bengaluru was the only one to see an increase, with a 17% rise in new supply, reaching 20,227 units. However, other cities faced significant declines:
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Chennai saw a 46% drop, with new supply falling to 3,946 units.
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Hyderabad experienced a 38% decline, dropping to 8,773 units.
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Kolkata saw the largest fall, with a 62% decrease, resulting in only 1,874 units launched.
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Mumbai experienced a 50% decline, with only 6,359 units launched compared to 12,840 units last year.
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Navi Mumbai and Pune saw declines of 24% and 48%, respectively.
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Thane recorded a 50% drop, while Delhi-NCR saw a 14% decrease in new supply.
This decrease highlights the slowdown in the housing market across multiple cities, signaling a potential shift in demand and supply dynamics.