Bengaluru sees 8% dip in home sales amid 12% surge in prices in Q2 2025

Bengaluru’s residential real estate market witnessed an 8% decline in home sales during the April–June 2025 quarter, while average property prices surged by 12% year-on-year, according to a new market report by Anarock. This price hike marks the second-highest among India’s top cities, trailing only Delhi-NCR.

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During the same quarter last year, Bengaluru recorded sales of 16,355 units. However, this year the number dropped to 15,120. Despite the slowdown in sales, the market saw the launch of 15,345 new housing units, although this figure reflects a 26% drop compared to the previous quarter and a 4% decline from the year before. Notably, a majority of these new units were priced above ₹80 lakh, indicating a preference for premium segment development.

Other major cities also experienced a dip in sales. Delhi-NCR saw a 14% decline, while Mumbai Metropolitan Region (MMR), Pune, and Hyderabad each registered a 25–27% decrease.

Overall, the seven major cities saw a combined 20% drop in residential sales, declining from 1,20,335 units in Q2 2024 to 96,285 units in Q2 2025.

Analysts attribute the downturn to elevated property prices and geopolitical uncertainties, although improving conditions and easing interest rates may help revive demand in the upcoming quarters.