India, Dec. 24 -- Housing sales in India's top 9 cities fell to 98,019 units in Q4 2025, registering a 16% YoY decline. This is the lowest quarterly sales recorded since Q3 2021, according to a report by real estate data analytics firm PropEquity.

Except for Navi Mumbai and Delhi-NCR, which saw 13% and 4% growth in sales, respectively, in Q4 2025 on a YoY basis, sales dropped in all seven cities by up to 31%.

"Traditionally, the October-December period records strong sales momentum and new launches driven by the festive season. However, the recent decline reflects a shift toward premiumisation in the market, as evidenced by value growth despite a contraction in volumes. This trend has been continuing from 2024," Samir Jasuja, Founder an...