Real Estate Market: real estate (real estate) sector looks good in 2025 and in Mumbai last year remained promising for the sector. Compared to 2024, home sales across the country recorded a one per cent drop, but the Mumbai market saw strong home sales. In 2025, the country’s largest housing market will emerge, with 29 percent of the houses being sold in Mumbai alone. According to Knight Frank India’s latest report ‘India’s Real Estate-Office and Residential Market 2025’, a total of approximately 3,48,000 homes were sold across the country’s eight major cities, which is just 1 percent less than the previous years. Meanwhile, in Mumbai, the momentum of house sales continued. Demand for premium housing also saw price hikes. House prices in the city have also increased by 7 percent.
According to the report, the second half of 2025 was crucial for real estate. Between July and December, 1.78 crore homes were sold, the highest since the second half of 2013. This shows that despite high prices, the confidence of buyers remains intact. 97,188 houses were sold in Mumbai, showing a year-on-year growth of 1 percent. In contrast, sales in NCR fell by 9 percent to 52,452 units, while new launches saw a significant decline of 16 percent.
The affordable housing sector remains under pressure. Sales of houses priced below Rs 50 lakh fell by 17 per cent, bringing their share to just 21 per cent. Still, the market has remained balanced, with the quarter-to-quarter sales ratio holding steady at 5.8 percent, despite a slight increase in the inventory of unsold homes, indicating a good supply-demand balance. Regarding prices, house prices in Mumbai have increased by 7 percent year-on-year. The report predicts that Mumbai’s real estate market will remain the country’s leader in 2026 due to controlled supply and strong demand.
Mumbai (Mumbai) A key factor strengthening the market remains strong demand in the premium segment. The share of houses priced above 1 crore increased to 50 per cent across the country in 2025, with a total of 17.5 crore units sold in this category, representing a year-on-year growth of 14 per cent. This trend is even more pronounced in metros like Mumbai, where the demand for larger and better-furnished homes is increasing.
