New Delhi, July 26 -- India's residential real estate market saw a notable turnaround in June 2025, as housing sales (absorption) across the top eight tier-1 cities rose 2 per cent year-on-year--the first annual growth in 12 months.

This uptick comes after declines of 11 per cent and 2 per cent in April and May, respectively, and is largely attributed to the base effect fading from the high absorption seen in April-May 2024. However, every quarter, sales were still down 4 per cent YoY.

According to a UBS report, city-wise sales trends were mixed. Delhi-NCR's prominent realty market Gurugram led the recovery with a 68 per cent YoY jump in volumes, followed by Chennai (24 per cent) and Hyderabad (15 per cent).

On the other hand, Mumbai M...