The new supply of housing properties in India's top-9 cities declined 34 per cent to 80,774 units during the January-March period, according to PropEquity. There were 1,22,365 housing units launched in the year-ago period.
The data showed that new supply rose only in Bengaluru and fell in other cities. According to the data, the new housing supply in Bengaluru increased 17 per cent to 20,227 units in January-March from 17,303 units in the year-ago period. However, in Chennai, the fresh supply fell 46 per cent to 3,946 units from 7,259 units. New supply in Hyderabad declined 38 per cent to 8,773 units from 14,082 units. Kolkata saw a 62 per cent fall in new supply, which was 1,874 units from 4,964 units.
In Mumbai, the new supply halved to 6,359 units from 12,840 units. Navi Mumbai, too, saw a dip of 24 per cent to 5,810 units from 7,616 units.
New home supply in Pune fell 48 per cent to 12,479 units from 24,007 units. In Thane, the new supply fell 50 per cent to 11,205 units from 22,595 units. In Delhi-NCR, the new housing supply declined 14 per cent to 10,101 units in January-March 2025 from 11,699 units in the year-ago period.
