Real Estate

Under-construction housing value nearly doubles to $430 bn

2026-10-03 · GeoSquare News Scraper

The value of housing projects under construction in India has surged nearly two-fold to USD 430 billion in 2025, according to a joint report by CREDAI and ANAROCK. The sharp rise reflects strong end-user demand and growing investor confidence in the residential segment.

What this means for Maharashtra

Maharashtra, being the largest real estate market in the country, is a major contributor to this growth. Key micro-markets in Mumbai, Pune, and the Mumbai Metropolitan Region (MMR) have witnessed significant activity, with new launches and healthy absorption rates driving up the overall value of ongoing projects.

Key drivers

Factors such as stable policy support, improved infrastructure connectivity, and a shift towards organised developers have boosted buyer sentiment. The growing preference for ready-to-move-in and under-construction properties with transparent pricing has also played a role in the value appreciation.

Outlook

Industry experts believe that the momentum will continue, especially in Maharashtra's peripheral and emerging corridors. For buyers, this signals a robust market with ample choices, though timely completion and regulatory compliance remain key considerations.