Source: Financial Express ( https://bit.ly/40z9nf6 )

The residential real estate market saw a temporary slowdown in sales in March and April. The sector saw a drop in sales in both value and volume. While the residential real estate industry had a good start in 2025, it slowed down in March and continued in April.

Residential real estate faces temporary slowdown

While the residential real estate industry had a good start in 2025, it slowed down in March and continued in April. The demand for residential real estate fell by 2 per cent in value on both YoY and sequential basis in April. Additionally, the April sales by volume were down by 15 per cent on a YoY basis.

New launches dip, inventory holds steady

The slowdown in the housing market has affected the launches of new projects. In April, new project launches went down by 29 per cent YoY in the 7 key metro cities in India.

Why organised developers are still winning?

Despite the slowdown in March and April, 2025 has been a year of growth for the organised real estate companies, says the Navuma report. The report points out that the lower interest rates than the earlier cycle and incentives by the state and central government are among the key factors working for the companies.

Additionally, the increase in the safe harbour limit -the threshold between the stamp duty value and actual transaction value- and demand for larger homes after COVID have also favoured the organised real estate players.