New Delhi, Apr 14 The number of unsold homes stood at around 5.6 lakh units at the end of the March quarter, down 4 per cent year-on-year, due to robust sales, according to Anarock.
Data from real estate consultant Anarock showed that the number of unsold homes across seven major cities declined to 5,59,808 units at the end of March 2025 from 5,80,895 units in the same period a year ago.
These seven cities are Delhi-NCR, Mumbai Metropolitan Region (MMR), Kolkata, Chennai, Bengaluru, Hyderabad and Pune.
According to the data, the number of unsold homes priced below Rs 40 lakh declined 19 percent to 1,12,744 units at the end of March from 1,39,905 units in the same period a year ago.
In the Rs 40-80 lakh price category, there were 1,57,741 unsold homes by the end of 2025, down 10 per cent from 1,74,572 units a year ago. The number of unsold homes in the Rs 80 lakh to Rs 1.5 crore category rose marginally to 1,76,130 units from 1,75,293 units.
The number of unsold homes in the Rs 1.5 crore-plus price category grew 24 per cent to 1,13,193 units from 91,125 units. “The stock build-up in luxury housing, which has been the top-performing segment in the last 2-3 years, is largely due to significant supply growth in the last one to two years,” said Anuj Puri, chairman, Anarock.
He added that affordable housing suffered the most from the pandemic, with sales and new launches declining across the top seven cities. Puri said the share of affordable homes in total sales and total launches has been declining over the last five years.
He said real estate developers are focusing on premium and luxury housing segments due to rising demand after the Covid pandemic. Puri said the sharp rise in land prices and other input costs has also made the development of affordable homes very difficult.
During January-March 2025, housing sales in the top 7 cities declined 28 percent to 93,280 units as against over 1.30 lakh units in the same period a year ago. 1,00,020 units were launched in the top 7 cities in January-March 2025, down 10 percent from 1,10,865 units in the same period a year ago.
Anarock is one of the leading real estate advisors in the country.
