India, July 1 -- Housing sales drop by 19% across nine cities, and supply dips by 30%.; Mumbai sees steepest decline: Report

Chennai added approximately 8,525 housing units in Q2 2025, a quarterly increase of 79% against Q1 2025 and an annual increase of 65%. Over 79% of new supply was added in the mid and premium segments. The city saw approximately 5,660 units sold in Q2 2025, increasing by 40% against Q1 2025. Annually, it saw a 11% rise in sales, the analysis showed.

The growing demand for office space by the GCCs in Chennai in the last two years has invariably led to high demand for housing as well.

Global capability centres, also known as GCCs or GICs, are offshore units of multinational corporations that operate across the globe...