Archive · 26 Jun 2025
Housing Sales Decline in Major Cities, Pune Sees Drop in New Properties
In the second quarter of 2025, the housing market in major cities saw a downturn, with sales declining by 20%.
Pune experienced a significant drop in both new properties being made available, down 25% year-over-year, and a 16% decrease compared to the previous quarter.
The majority of new properties in Pune are in the mid to premium price range, between ₹40 lakh and ₹1.5 crore.
This reflects shifts in the real estate market, as supply and demand dynamics change.
Mumbai, along with other major cities, experienced a 20% decrease in housing sales.
Pune saw a 25% decrease in new property availability compared to the previous year.
New property launches in Pune decreased by 16% compared to the previous quarter.
Over 77% of new properties in Pune were priced between ₹40 lakh to ₹1.5 crore.
The information pertains to the second quarter of 2025.
- Who
- Not explicitly mentioned, but the data pertains to the housing market.
- What
- A decline in housing sales and new property availability.
- When
- Q2 2025
- Where
- Mumbai, Pune, and other major cities.
- Why
- Not explicitly stated, but potentially due to market dynamics.
- Overall Sales Decline (7 Cities)
- 20%
- Pune New Property YoY Decline
- 25%
- Pune New Property QoQ Decline
- 16%
- Pune Property Price Range
- ₹40 lakh to ₹1.5 crore
