Housing Sales in MMR and Pune Decline 30% to 42,000 Units in June: PropTiger
Housing sales in Mumbai Metropolitan Region (MMR) and Pune saw a significant 30% drop to 41,901 units in the April-June period, according to PropTiger. This decline is attributed to increased property prices, which have dampened consumer demand.
Housing SalesReal EstateMmrPuneProptigerReal Estate PuneJul 14, 2025
The combined housing sales in MMR and Pune, the two important property markets in Maharashtra, stood at 60,191 units in the year-ago period.
On Monday, housing brokerage firm PropTiger released the data, which showed that sales in India's eight primary residential markets fell 14 per cent to 97,674 units during April-June this year, from 113,768 units in the corresponding period of the preceding year.
“The short-term dip in home sales and new launches is more of a recalibration than a sign of waning demand. Affordability pressures, particularly in the budget and mid-income segments, have led to some cautious buyer sentiment,” Sridhar Srinivasan, Head of Sales, PropTiger.com said. However, Srinivasan noted that the underlying demand remains intact.
As per the data, the housing sales in MMR declined 32 per cent to 25,939 units, from 38,266 units. Pune saw a 27 per cent fall in sales to 15,962 units, from 21,925 units.
In Ahmedabad, housing sales fell 1 per cent to 9,451 units, from 9,500 units. Delhi-NCR saw a 9 per cent fall in sales to 10,051 units, from 11,065 units, while Hyderabad witnessed a 6 per cent drop to 11,513 units from 12,296 units.
However, sales in Bengaluru increased 16 per cent to 15,628 units, from 13,495 units. Housing sales in Chennai too rose 33 per cent to 5,283 units, from 3,984 units. Sales of residential properties in Kolkata increased 19 per cent to 3,847 units in April-June this year, from 3,237 units in the year-ago period.
The data pertains to primary housing markets of these eight cities. Delhi-NCR includes Gurugram, Noida, Greater Noida, Ghaziabad, and Faridabad. The MMR market includes Mumbai, Navi Mumbai, and Thane.
PropTiger is part of REA India, which owns Housing.com — a real estate classifieds platform.
Frequently Asked Questions
What is the primary reason for the decline in housing sales in MMR and Pune?
The primary reason for the decline in housing sales in MMR and Pune is the surge in property prices, which has dampened consumer demand.
How much did housing sales decline in MMR and Pune during the April-June period?
Housing sales in MMR and Pune together fell 30 per cent to 41,901 units during the April-June period.
What is the significance of the 14 per cent drop in sales across India's eight primary residential markets?
The 14 per cent drop in sales across India's eight primary residential markets indicates a broader trend of reduced consumer demand due to affordability pressures, particularly in the budget and mid-income segments.
Which cities saw an increase in housing sales during the April-June period?
Bengaluru, Chennai, and Kolkata saw an increase in housing sales during the April-June period.
What is PropTiger's role in the real estate market?
PropTiger is a housing brokerage firm that provides data and insights into the real estate market. It is part of REA India, which owns Housing.com, a real estate classifieds platform.
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