A Remarkable 77% Jump in Housing Sales Since FY19
According to Grant Thornton Bharat’s India Real Estate Report FY 2025 – 26, residential home sales in key Indian cities have skyrocketed by nearly 77% between FY19 and FY25. That kind of growth isn’t just a statistic – it’s a signal of robust buyer confidence, rising investor appetite, and one of the most sustained recovery phases in recent memory.
The Forces Fueling This Boom
Several powerful trends are converging to fuel this property frenzy:
- Structural reforms like RERA and transparent financing
- Rapid urbanization in Tier-1 and Tier-2 hubs
- Increased international investment—$6.99 billion in recent deals.
- Tech, green building, and luxury trends drawing premium buyers
Together, these create a landscape where both developers and buyers are thriving.
Mumbai Leads the Charge with Record Sales
Mumbai, already the heart of India’s real estate market, recorded a 26% spike in home sales during FY24–25, with around 49,191 units sold valued at ₹1.24 lakh crore setting a new high.
Here’s what stood out:
- Jogeshwari–Borivli suburbs dominated transactions, selling 18,319 units worth ₹40,083 crore—a 39% annual jump.
- South Mumbai (Colaba–Worli) continues to lead in per‑sq‑ft pricing, but saw fewer transactions.
- Unoccupied inventory dropped from a 60‑month overhang in FY17 to just 20 months in FY25.
Clearly, Mumbai’s affordability revival—especially in the suburbs—is bringing more buyers to the table.
Luxury & Green Gains: The Dual Drivers
The real estate rebound isn’t one-dimensional. Grant Thornton also highlights:
- A growing market for luxury and ESG‑compliant homes
- A $6.99 billion surge in real estate deals, driven by strong investor confidence.
Buyers today aren’t just looking for space – they’re seeking smart, sustainable living that delivers both lifestyle and environmental benefits.
What This Means for You—Homebuyer or Investor
- Suburban chances are now centre-stage. Growth hubs like Jogeshwari, Borivli, Pune, and Ahmedabad are offering value and convenience.
- Luxury + Sustainability = Premium Resale. Eco-friendly features and luxury finishes mean future value retention.
- Oversupply has transformed into real opportunity. Reduced unsold homes in Mumbai show clearer demand—better selling and buying conditions.
- Investor confidence is back. Robust capital inflows signal a secure environment for long-term buyers.
- Urban policy matters. Keep an eye on metro lines, RERA enforcement, and state-level green mandates – they actively shape your ROI.
Quick Snapshot
| Metric | FY19 | FY25 | Change |
|---|---|---|---|
| National Housing Sales | Baseline | +77% | Major Surge |
| Mumbai Sales (Units/Value) | — | 49,191 / ₹1.24 L crore | Highest Ever |
| Mumbai Suburban Sales Growth | — | +39% | in Jog.-Borivli |
| Inventory Overhang (Mumbai) | 60 months | 20 months | Inventory Normalizing |
The Takeaway for EstateBrief Readers
India’s residential real estate market is experiencing a golden seven-year upswing, and it’s not slowing down. With Mumbai’s suburbs leading, luxury and green homes trending, and investor dollars pouring in, both end-users and investors are winners.
To win, focus on:
- Conducting deep local research before booking in micro-markets
- Seeking ESG and green-certified projects
- Watching infrastructure plans and legal mandates
- Timing your entry smartly – suburbs now, luxury later
- Keeping investor insight via platforms like EstateBrief
FAQs for Today’s Real Estate Rally
Q1: What caused the 77% jump in housing sales?
Structural reforms, urban migration, digital buyer engagement, foreign investment, and a pivot toward sustainable and premium homes.
Q2: Are suburban areas outperforming main city zones?
Absolutely – suburbs like Jogeshwari–Borivli in Mumbai saw record sales and growth (₹40,000+ crore, +39% YoY).
Q3: Is there still oversupply in the market?
Yes, but the oversupply has shrunk – from 60 months to 20 months in Mumbai – indicating healthier balance.
Q4: Do luxury homes still sell well?
Yes, high-end and ESG-ready homes remain strong market segments, supported by affluent buyers.
Q5: Should new-home buyers act now?
Yes—affordability, suburban growth, and robust transparency make this a strategic time to move forward.
Growth, transparency, green living, and value-centric choices that’s the 2025 real estate anthem. And with Estate Brief guiding your understanding, you’re always ahead.
