New Delhi, Jan. 7 -- Housing sales across eight major Indian cities declined marginally by 1 per cent in 2025 to 3.48 lakh units as demand remained subdued amid a sharp rise in property prices, according to a report by real estate consultancy Knight Frank India.
Despite concerns over a possible market correction, the firm noted that a decline in home loan interest rates, strong economic growth and easing inflation helped sustain housing demand during the calendar year. The data pertains to the primary residential market.
Among the eight cities, Mumbai Metropolitan Region (MMR) recorded a 1% increase in sales to 97,188 units, while average housing prices rose 7% to Rs 8,856 per sq ft. Bengaluru reported flat sales at 55,373 units, though p...