Archive · 2 Jun 2025

Indian Tier 2 Cities Housing Sales Dip Despite Value Rise in Q1 2025

Indian Tier 2 Cities Housing Sales Dip Despite Value Rise in Q1 2025

In the first three months of 2025, fewer homes were sold in India's smaller cities compared to last year, about an 8% drop.

But, the total value of those sales went up, by 6%, which suggests that either more expensive homes were sold or the prices of homes increased.

The main reason for fewer sales was a lack of new houses being built.

Even though there were fewer homes available, people still wanted to buy them because of good infrastructure, better transportation and job opportunities.

Some regions, like Visakhapatnam, saw a big drop in sales, while others, like the state capitals, did better.

Sources