India’s housing market in 2025: Where demand held and why?
In NCR, Gurugram continued to dominate the regionโs luxury housing landscape, accounting for nearly nine out of every ten luxury home sales in NCR. New Delhi: The year 2025 did not unfold as a year of exuberance for Indiaโs residential real estate, but it marked something far more meaningful- consolidation. Developers, too, displayed greater balance-sheet discipline, favouring calibrated launches and execution over aggressive expansion. The overall sentiment through the year remained cautiously optimistic, underpinned by steady demand and improving confidence.ย H1 2025 Overview JLL reported that the first half of 2025 (H1 2025) showed a clear divergence in Indiaโs residential…