New Delhi, Aug. 2 -- India's residential real estate sector has witnessed a slowdown in new project launches, with the number of units introduced in the first half of calendar year 2025 (H1 CY'25) falling to approximately 2.6 lakh, compared to around 3 lakh units during the same period last year.
This represents a decline of nearly 5 per cent, signaling a more cautious approach by developers amid evolving market dynamics.
"The number of units launched across India has been declining, from approximately 3 lakh units in H1 CY'24 to about 2.6 lakh units in H1 CY'25--a decline of around 5%," the report released by the Confederation of Real Estate Developers' Associations of India (CREDAI) in collaboration with CRE Matrix reveals.
The data ...
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