Indian Real Estate Sees Value Rise Despite Declining Sales Volume

In a recent report, Square Yards, a leading real estate consultancy firm, revealed a 5% decrease in the registration of residential properties in nine major Indian cities until December 25 this year, amounting to 5.45 lakh units. Despite this decline, the overall value of the real estate market increased by 11% to reach Rs 4.46 lakh crore.

Square Yards included data from Pune, Thane, Mumbai, Navi Mumbai, Bengaluru, Hyderabad, Noida, Greater Noida, and Ghaziabad. The findings encapsulate transactions from both the primary and secondary markets. Notably, despite a decrease in transactions, the premium and luxury housing sectors have significantly contributed to this value growth.

The report highlights that the Indian real estate market is expected to stabilize in 2026. Experts predict a strong preference from homebuyers for new, quality projects. This trend is supported by disciplined supply chains and a mature buyer base increasingly targeting mid-market segments, as noted by industry leaders.

The resilience of the Indian real estate market is a testament to its adaptability and the growing demand for high-quality, well-located properties. As the market continues to evolve, it is expected that developers will focus on meeting the evolving needs of buyers, particularly in the mid-market segment, which is seen as a growth driver for the future.

In summary, while the volume of property transactions has decreased, the overall value of the real estate market has seen a robust increase, driven by premium and luxury housing. This trend is expected to continue, with a focus on quality and innovation in the coming years.