Housing Supply Plunges in India's Tier-2 Cities During Q1 2025

Imagine that cities are like stores that sell houses.

In the first three months of 2025, these stores in smaller cities had fewer houses for sale.

Overall, there were 35% fewer houses available.

Some cities had big changes, like Bhubaneshwar, which had 72% fewer houses.

But in Nashik, not much changed.

Fewer affordable houses are being built, while more expensive ones are becoming popular.

This is because developers are trying to make more money.

The government's recent actions may encourage buyers.