Home Registrations Decline, Sales Value Surges in 2025
According to the latest data from real estate consultancy Square Yards, home registrations have dipped in 2025, but the sales value has experienced a notable rise. This trend is observed across several major cities in India, including Pune, Thane, Mumbai, Navi Mumbai, Bengaluru, Hyderabad, and Noida.
The decrease in home registrations can be attributed to various factors, such as a slowdown in new project launches and a cautious approach from buyers due to economic uncertainties. However, the rise in sales value suggests that the market is still robust, with a strong demand for high-end properties and premium developments.
Peninsula Land, a subsidiary of the Ashok Piramal Group, is positioning itself to capitalize on this trend. The company is preparing to introduce a refreshed residential proposition in 2026, aiming to redefine homebuying by focusing on curated living environments that cater to evolving lifestyle aspirations. This initiative is expected to strengthen Peninsula Land’s presence in the real estate market, with an emphasis on creating vibrant communities and personalized living experiences.
In addition to residential projects, there is a growing emphasis on sustainable and eco-friendly developments. The Indian government, through initiatives like the BioE3 (Biotechnology for Economy, Environment, and Employment) policy, is promoting biotechnology, engineering, and digitalization to support a more sustainable development pathway. The BioE3 policy, approved by the Union Cabinet chaired by Prime Minister Narendra Modi, envisions a green, clean, prosperous, and self-reliant India, aligning with the national ambition of Viksit Bharat @2047.
The real estate sector is also witnessing advancements in technology, with innovations like virtual reality (VR), 3D property tours, smart home automation, and blockchain for property transactions. These technologies are expected to transform the industry, making it more efficient, transparent, and accessible to a wider audience.
Despite the challenges, the real estate market in India continues to show resilience and adaptability. The combination of strategic planning, technological advancements, and a focus on sustainability is poised to drive the sector forward, ensuring long-term value and growth for both developers and homebuyers.