<h2>India’s Housing Market: Prices Up, New Supply Cools</h2>
<p>
The Indian residential real estate market posted a steady rise in the April–June 2025 quarter, as home prices climbed 3.5% over the previous three months, according to the latest <a href="https://property.magicbricks.com/microsite/research-insights/index.html" target="_blank">Magicbricks PropIndex</a> report. On a year-on-year basis, property prices have surged nearly 24%, with major cities like <a href="https://www.aurumproptech.in/pulse/media/pune-homebuyers-shift-larger-apartments-1bhk-supply-hits-low" target="_blank">Pune</a>, Greater Noida, and Kolkata seeing record-breaking growth of over 30% thanks to ongoing infrastructure development and strong buyer activity.
</p>
<p>
This sustained momentum in capital values points to a firmly resilient market, though sales velocity is showing signs of moderation. Demand grew 4.6% sequentially through the quarter, yet new housing supply slowed dramatically, reaching its lowest levels in five years as developers grew cautious and focused on selling existing stock.
</p>
<h2>Regional Shifts and Buyer Behaviour</h2>
<p>
While pan-India numbers reflect strong overall growth, the picture changes at city level. In IT-driven urban centres like Bengaluru, Hyderabad, Gurugram, and Noida, larger residences—three or even four-bedroom homes—now account for 80% of demand as buyers seek more space for blended work and living. By contrast, Mumbai’s high prices continue to push buyers towards compact 1 BHK and 2 BHK configurations. Here, recent improvements in affordability, supported by repo rate cuts and growing affordable supply, have reignited demand among budget-conscious home seekers, even as overall prices diverge sharply from national averages.
</p>
<p>
According to industry voices, this surge in demand for larger homes and regionally tuned product mixes means that developers will need to fine-tune supply strategies for each city. For the affordable segment, aligning new launches with what buyers want will be crucial to reinvigorating volumes and sustaining growth.
</p>
<h2>What Lies Ahead?</h2>
<p>
Market experts see infrastructure development as the main engine propelling home prices and keeping sentiment buoyant, even as the breakneck sales seen in 2023 and 2024 taper in premium segments. With developers focusing on clearing existing inventories and carefully timing new launches, the market is poised for stability rather than overheating.
</p>

india’s housing market prices up new supply cools the indian residential real estate market posted a steady rise in the april–june 2025 quarter as home prices climbed 3.5 percent over the previous three months according to the latest magicbricks propindex report on a year on year basis property prices have surged nearly 24 percent with major cities like pune greater noida and kolkata seeing record breaking growth of over 30 percent thanks to ongoing infrastructure development and strong buyer activity read source this sustained momentum in capital values points to a firmly resilient market though sales velocity is showing signs of moderation demand grew 4.6 percent sequentially through the quarter yet new housing supply slowed dramatically reaching its lowest levels in five years as developers grew cautious and focused on selling existing stock market forecast regional shifts and buyer behaviour while pan india numbers reflect strong overall growth the picture changes at city level in it driven urban centres like bengaluru hyderabad gurugram and noida larger residences three or even four bedroom homes now account for 80 percent of demand as buyers seek more space for blended work and living by contrast mumbai’s high prices continue to push buyers towards compact 1 bhk and 2 bhk configurations here recent improvements in affordability supported by repo rate cuts and growing affordable supply have reignited demand among budget conscious home seekers even as overall prices diverge sharply from national averages see trends according to industry voices this surge in demand for larger homes and regionally tuned product mixes means that developers will need to fine tune supply strategies for each city for the affordable segment aligning new launches with what buyers want will be crucial to reinvigorating volumes and sustaining growth what lies ahead market experts see infrastructure development as the main engine propelling home prices and keeping sentiment buoyant even as the breakneck sales seen in 2023 and 2024 taper in premium segments with developers focusing on clearing existing inventories and carefully timing new launches the market is poised for stability rather than overheating future outlook see pune’s 2025 market forecast read about city specific buyer trends explore the future of indian real estate

Indian home prices rose 3.5% in April–June 2025, while new supply slowed and buyers show shifting preferences across major cities.

Home Prices Surge 3.5% Amid Slowing New Supply and Evolving Buyer Demand

<h2>The Dawn of a New Cycle: India’s Office Leasing Boom</h2>
<p>India’s commercial real estate story is entering a vibrant new chapter. As hybrid work models recalibrate and business confidence returns, net leasing of Grade A office space is projected to soar past 50 million square feet by FY26, <a href="https://www.crisil.com/" target="_blank">CRISIL</a> Ratings reveals. This signals a 7–9% CAGR through FY27—a leap fueled by the waning of work-from-home and the robust rise of global capability centres (GCCs).</p>
<p>Industry analysts say, <i>“Reduced remote work and the expanding presence of GCCs are re-energizing India’s office market, setting the stage for record-breaking leasing activity and fresh investment opportunities.”,/i></p>

<h2>What’s Powering the Boom?</h2>
<ul>
  <li><b>Global Capability Centres:</b> Leading the charge are GCCs, accounting for as much as 40% of fresh leasing each year. By anchoring major backend and tech operations, they’re insulating the market against softer IT/ITeS demand and exporting growth to India’s urban hubs.</li>
  <li><b>Flex Operators:</b> Coworking giants and flex-space providers are expanding rapidly, responding to corporates’ needs for agile, scalable workspaces. Their investments are concentrated in essential metros—Bengaluru, Hyderabad, NCR, and Mumbai.</li>
  <li><b>BFSI Surge:</b> The banking and financial sector is stepping up, with double-digit leasing growth thanks to steady credit expansion, strong hiring, and new forays into Tier II cities.</li>
</ul>
</p>

<h2>Supply, Demand, and the Metrics that Matter</h2>
<ul>
  <li><b>New Supply:</b> While supply dipped to 47 million sq ft in FY25, it will rebound to 53–55 million in FY26, and 55–57 million in FY27 as developers carefully balance launches in high-vacancy micro-markets.</li>
  <li><b>Stock Growth:</b> India’s Grade A office inventory is set to reach 925 million sq ft by FY27, up from about 810 million at March 2025.</li>
  <li><b>Vacancy Rates:</b> Expected to fall from 16.5% to 15.5–16% as demand soaks up new space.</li>
</ul>

<h2>Micro-Market Highlights</h2>
<ul>
  <li><b>NCR and MMR:</b> Anticipate a drop of 200–250 basis points in vacancy by FY27, driven by BFSI and IT demand.</li>
  <li><b>Southern Cities:</b> Bengaluru, Hyderabad, and Chennai remain bedrocks for GCCs, absorbing supply steadily.</li>
  <li><b>Pune:</b> Watch for a rise in vacancy as supply briefly outpaces absorption.</li>
</ul>

<h2>What Should Investors Watch?</h2>
<ul>
  <li><b>REITs and Rental Yields:</b> A perfect storm of lower vacancies, rising rents, and easing interest rates is set to benefit REITs—especially those with strong southern and western portfolios. Fractional investors and direct office owners can expect stronger rental yields and potential for capital gains.</li>
</ul>
<p>Read more about Indian REIT opportunities at <a href="https://www.nseindia.com">nseindia.com</a>.</p>
<ul>
  <li><b>Credit Profiles:</b> With cash flows improving and prudent leverage, developers’ debt-to-EBITDA ratio should fall to 4.0–4.2x by FY27 from 4.7x, while DSCR may climb to 2x, reflecting healthier balance sheets.</li>
</ul>

<h2>Macro Risks on the Radar</h2>
<ul>
  <li>Stay alert to international economic slowdowns, global interest rate swings, and any over-leveraging among new developers. These could dampen momentum—but for now, India’s office property cycle is firmly on the upswing.</li>
</ul>

The Dawn of a New Cycle India’s Office Leasing Boom India’s commercial real estate story is entering a vibrant new chapter As hybrid work models recalibrate and business confidence returns net leasing of Grade A office space is projected to soar past 50 million square feet by FY26 CRISIL Ratings reveals This signals a 7–9 percent CAGR through FY27 a leap fueled by the waning of work from home and the robust rise of global capability centres GCCs Industry analysts say Reduced remote work and the expanding presence of GCCs are re energizing India’s office market setting the stage for record breaking leasing activity and fresh investment opportunities What’s Powering the Boom Global Capability Centres Leading the charge are GCCs accounting for as much as 40 percent of fresh leasing each year By anchoring major backend and tech operations they’re insulating the market against softer IT ITeS demand and exporting growth to India’s urban hubs Flex Operators Coworking giants and flex space providers are expanding rapidly responding to corporates’ needs for agile scalable workspaces Their investments are concentrated in essential metros Bengaluru Hyderabad NCR and Mumbai BFSI Surge The banking and financial sector is stepping up with double digit leasing growth thanks to steady credit expansion strong hiring and new forays into Tier II cities For more on emerging trends in office leasing visit economictimes indiatimes com Supply Demand and the Metrics that Matter New Supply While supply dipped to 47 million sq ft in FY25 it will rebound to 53 55 million in FY26 and 55 57 million in FY27 as developers carefully balance launches in high vacancy micro markets Stock Growth India’s Grade A office inventory is set to reach 925 million sq ft by FY27 up from about 810 million at March 2025 Vacancy Rates Expected to fall from 16 5 percent to 15 5 16 percent as demand soaks up new space Micro Market Highlights NCR and MMR Anticipate a drop of 200 250 basis points in vacancy by FY27 driven by BFSI and IT demand Southern Cities Bengaluru Hyderabad and Chennai remain bedrocks for GCCs absorbing supply steadily Pune Watch for a rise in vacancy as supply briefly outpaces absorption What Should Investors Watch REITs and Rental Yields A perfect storm of lower vacancies rising rents and easing interest rates is set to benefit REITs especially those with strong southern and western portfolios Fractional investors and direct office owners can expect stronger rental yields and potential for capital gains Read more about Indian REIT opportunities at nseindia com Credit Profiles With cash flows improving and prudent leverage developers’ debt to EBITDA ratio should fall to 4 0 4 2x by FY27 from 4 7x while DSCR may climb to 2x reflecting healthier balance sheets Macro Risks on the Radar Stay alert to international economic slowdowns global interest rate swings and any over leveraging among new developers These could dampen momentum but for now India’s office property cycle is firmly on the upswing

Net leasing of Grade A office space in India to surpass 50 mn sq ft by FY26, driven by GCCs, BFSI growth, and low work-from-home trends, says Crisil.

Office Leasing Set For Historic Surge As Indian Market Redefines Itself

<h2>The Mumbai Debut: DLF’s New Horizon</h2>
<p>On a landmark day for Mumbai’s property scene, <a href="https://www.dlf.in/" target="_blank">DLF</a>—India’s largest listed real estate developer—has marked its stunning entry into the city’s illustrious skyline with the unveiling of The Westpark in Oshiwara, Andheri. After receiving the crucial <a href="https://maharera.maharashtra.gov.in/" target="_blank">Maharashtra Real Estate Regulatory Authority (MahaRERA)</a> approval, the curtain is up on a project that promises to redefine premium urban living.</p>

<h2>Inside The Westpark: A New Benchmark for Residences</h2>
<p>The first phase of Westpark comprises over 400 premium apartments, each designed for contemporary comfort and elegance. With pricing set between <b>Rs 5.5 crore and Rs 7.5 crore</b>, the development offers lavish spaces for discerning buyers keen on Mumbai’s sought-after real estate.</p>
<p>Spacious 3 and 4 BHK homes offer modern amenities, sophisticated finishes, and elevated views—bringing DLF’s signature flair, previously seen in Gurugram and other metros, to Mumbai for the first time.</p>
<p>More about DLF’s residential legacy can be found on their official website.</p>

<h2>Innovation and Partnership</h2>
<p><a href="https://www.aurumproptech.in/pulse/media/dlf-sets-new-sales-records-in-fy25-unveils-ambitious-growth-pipeline" target="_blank">DLF’s foray into Mumbai</a> comes in partnership with the Trident Group under a Slum Rehabilitation Authority (SRA) scheme. Here, Trident takes charge of land clearance and creating new homes for slum residents, while DLF focuses on the free-sale segment—about 9 lakh square feet of premium space designed to set a new gold standard in the city.</p>
<p>Learn about SRA projects at maharera.mahaonline.gov.in.</p>

<h2>Mumbai’s Real Estate Momentum</h2>
<p>The move arrives as the Mumbai Metropolitan Region (MMR) continues its leadership in Indian real estate activity.</p>
<ul>
  <li>In Q2 2025, MMR accounted for 28,200 residential launches, nearly 29% of India’s top 7 cities.</li>
  <li>H1 2025 saw 24 land deals spanning 433+ acres, the highest count among Tier 1 cities, reinforcing Mumbai’s enduring pull despite its famed land scarcity and price premium.</li>
</ul>

<h2>DLF: Shaping Urban Futures</h2>
<p>From apartments to office towers, retail hubs to golf courses, DLF’s footprint now spans 24 cities and 15 states—anchoring the transformation of India’s urban landscape.</p>

The Mumbai Debut DLF’s New Horizon On a landmark day for Mumbai’s property scene DLF—India’s largest listed real estate developer—has marked its stunning entry into the city’s illustrious skyline with the unveiling of The Westpark in Oshiwara Andheri After receiving the crucial Maharashtra Real Estate Regulatory Authority MahaRERA approval the curtain is up on a project that promises to redefine premium urban living Inside The Westpark A New Benchmark for Residences The first phase of Westpark comprises over 400 premium apartments each designed for contemporary comfort and elegance With pricing set between Rs 5.5 crore and Rs 7.5 crore the development offers lavish spaces for discerning buyers keen on Mumbai’s sought-after real estate Spacious 3 and 4 BHK homes offer modern amenities sophisticated finishes and elevated views—bringing DLF’s signature flair previously seen in Gurugram and other metros to Mumbai for the first time More about DLF’s residential legacy can be found on their official website Innovation and Partnership DLF’s foray into Mumbai comes in partnership with the Trident Group under a Slum Rehabilitation Authority SRA scheme Here Trident takes charge of land clearance and creating new homes for slum residents while DLF focuses on the free-sale segment—about 9 lakh square feet of premium space designed to set a new gold standard in the city Learn about SRA projects at maharera.mahaonline.gov.in Mumbai’s Real Estate Momentum The move arrives as the Mumbai Metropolitan Region MMR continues its leadership in Indian real estate activity In Q2 2025 MMR accounted for 28,200 residential launches nearly 29% of India’s top 7 cities H1 2025 saw 24 land deals spanning 433+ acres the highest count among Tier 1 cities reinforcing Mumbai’s enduring pull despite its famed land scarcity and price premium Explore more insights on market trends at anarock.com and business-standard.com DLF Shaping Urban Futures From apartments to office towers retail hubs to golf courses DLF’s footprint now spans 24 cities and 15 states—anchoring the transformation of India’s urban landscape

DLF launches its much-awaited Westpark in Oshiwara, bringing premium homes and new energy to Mumbai’s luxury real estate market.

DLF Elevates Mumbai Living: Premium Homes Launch in Oshiwara’s Andheri

<h2>Shapoorji Pallonji Redefines Township Living with New Launch in Pune</h2>
<p><a href="https://shapoorjirealestate.com/" target="_blank">Shapoorji Pallonji Real Estate</a> has announced an ambitious new chapter in Pune’s evolving real estate landscape a 5-acre premium residential project with an estimated revenue potential of <b>₹800 crore</b> Set within the company’s vast 1000-acre VANAHA integrated township near Bavdhan this latest offering VANAHA Verdant promises not just homes but a fresh vision of modern lifestyle and community</p>
<p>The newly-launched phase will feature approximately 10 lakh square feet of saleable area designed to meet the aspirations of Pune’s discerning homebuyers VANAHA Verdant is strategically placed near major IT corridors like Hinjewadi Mahalunge-Mann Hi-Tech City Park and Baner making it a compelling address for both working professionals and families seeking connectivity and tranquility</p>
<p><i>“With VANAHA Verdant we are not just launching another project but shaping a new way of living in Pune Its proximity to nature integrated commercial spaces and low-density layout reflect what today’s homebuyers value most balance access and long-term value”</i> shared <b>Sriram Mahadevan</b> CEO of Shapoorji Pallonji Real Estate and MD of Joyville Shapoorji Housing</p>

<h2>Township Living Elevated</h2>
<p>The VANAHA township stands out as one of India’s most visionary integrated developments with over 350 acres dedicated to open green spaces and a careful mix of residential retail and commercial environments Residents will not only enjoy lush landscapes but also seamless access to Pune’s upcoming infrastructure upgrades—such as Metro Line 2 the six-lane Paud–Mahad corridor a new flyover at Chandni Chowk and the Pune Ring Road—which are poised to enhance value and connectivity further</p>
<p>Shapoorji Pallonji’s legacy of excellence is already visible throughout the township with over 2000 apartments sold totaling <b>₹1800 crore</b> across developments like Yahavi Springs and Golfland The group continues to set benchmarks for scale and design bringing innovative concepts to cities including Mumbai Pune Bengaluru Gurugram and Kolkata</p>

<h2>Contemporary Design Meets Community</h2>
<p>Within VANAHA every feature is designed for urban yet nature-infused living—low-density layouts integrated commercial hubs open spaces and a blend of luxury and accessibility As city-dwellers increasingly seek wellness green spaces and convenience Shapoorji Pallonji’s township projects cater perfectly to this demand</p>
<ul>
  <li>Thoughtfully planned 2 3 and 4 BHK homes</li>
  <li>Prime connectivity to IT hubs and highways</li>
  <li>Access to leading educational healthcare and recreational facilities</li>
</ul>

Shapoorji Pallonji Redefines Township Living with New Launch in Pune Shapoorji Pallonji Real Estate has announced an ambitious new chapter in Pune’s evolving real estate landscape a 5-acre premium residential project with an estimated revenue potential of ₹800 crore Set within the company’s vast 1000-acre VANAHA integrated township near Bavdhan this latest offering VANAHA Verdant promises not just homes but a fresh vision of modern lifestyle and community The newly-launched phase will feature approximately 10 lakh square feet of saleable area designed to meet the aspirations of Pune’s discerning homebuyers VANAHA Verdant is strategically placed near major IT corridors like Hinjewadi Mahalunge-Mann Hi-Tech City Park and Baner making it a compelling address for both working professionals and families seeking connectivity and tranquility “With VANAHA Verdant we are not just launching another project but shaping a new way of living in Pune Its proximity to nature integrated commercial spaces and low-density layout reflect what today’s homebuyers value most balance access and long-term value” shared Sriram Mahadevan CEO of Shapoorji Pallonji Real Estate and MD of Joyville Shapoorji Housing Township Living Elevated The VANAHA township stands out as one of India’s most visionary integrated developments with over 350 acres dedicated to open green spaces and a careful mix of residential retail and commercial environments Residents will not only enjoy lush landscapes but also seamless access to Pune’s upcoming infrastructure upgrades—such as Metro Line 2 the six-lane Paud–Mahad corridor a new flyover at Chandni Chowk and the Pune Ring Road—which are poised to enhance value and connectivity further Shapoorji Pallonji’s legacy of excellence is already visible throughout the township with over 2000 apartments sold totaling ₹1800 crore across developments like Yahavi Springs and Golfland The group continues to set benchmarks for scale and design bringing innovative concepts to cities including Mumbai Pune Bengaluru Gurugram and Kolkata Contemporary Design Meets Community Within VANAHA every feature is designed for urban yet nature-infused living—low-density layouts integrated commercial hubs open spaces and a blend of luxury and accessibility As city-dwellers increasingly seek wellness green spaces and convenience Shapoorji Pallonji’s township projects cater perfectly to this demand Thoughtfully planned 2 3 and 4 BHK homes Prime connectivity to IT hubs and highways Access to leading educational healthcare and recreational facilities

Shapoorji Pallonji announces a ₹800 crore luxury housing project at VANAHA township near Bavdhan, Pune, offering 10 lakh sq ft saleable area.

Home Prices Surge 3.5% Amid Slowing New Supply and Evolving Buyer Demand

India’s Housing Market: Prices Up, New Supply Cools

Regional Shifts and Buyer Behaviour

What Lies Ahead?

Read More

Office Leasing Set For Historic Surge As Indian Market Redefines Itself

DLF Elevates Mumbai Living: Premium Homes Launch in Oshiwara’s Andheri

Shapoorji Pallonji Unveils ₹800 Crore Premium Township Project in Pune

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