Real Estate: Now buying a house is not a profitable deal, prices start falling … The offer is not coming! – Housing sales fall year 2025 Delhi NCR Mumbai Investment in Real Estate Tuta
The Dream run of Real Estate for 3 years now seems to be over. Investors got strong returns from the way the property price caught up in 2022 after Kovid-19. Property rates in many areas have increased by 3 to 4 times as compared to pre-coved. There is no such property that has not doubled in 5 years.
But for real estate investors, now opportunities are seen to end. Its indications are being received from the report of Propequity, claiming that the sale of houses in the January-March 2025 quarter has declined by 23% on an annual basis. At the same time, there has been a drastic decline of 34% in the new launch as compared to January-March 2024.
Shock to investors!
Buying a house is no longer a profitable deal as before. Especially if you are thinking of taking property from the perspective of investment, then the situation has changed completely. From 2021 to 2024, the property market gave good returns to investors. But now it has become difficult to get such returns. Due to excessive supply of luxury houses, this segment is being affected the most.
Prices have increased so much that the encouragement of common buyers i.e. and users has also started breaking. The result is that now the decline in sales of homes has started. However, and users can get the benefit of this change, because by 2023, the builders were selling houses at their desired rate. At the same time, it has become their compulsion to offer customers in 2024.
Earlier people were forced to buy a house on the terms of the builder, but now the situation has reversed. Builders are now giving more commission to brokers as well, so that they can help them woo customers. But the end users are being suggested that they should choose the best deal only by staying within the budget according to their needs.
7 out of the top 9 cities sales in 7!
According to the latest report by Propitis, sales in Bengaluru and Delhi-NCR have increased by 10-10% percent. But sales in Hyderabad have been reduced by 47%, 36% in Mumbai and 33% in Pune compared to the first quarter of 2024. Builders are upset due to low demand of houses. Now they are avoiding launching new projects. The launch of new houses from the last three quarters has been below 1 lakh units.
In the first quarter of this year, the new supply in Bengaluru alone has increased by 17%, which is 25% of the total launch. But the launch in Kolkata has come down by 62%. Mumbai has decreased by 50%. 48% in Pune, 46% in Chennai, 38% in Hyderabad and 14% in Delhi-NCR are 14% lower.
Decline in launch to hold price
The builders have the full feeling of decreasing demand and that is why they are avoiding launching new projects to increase the supply by increasing prices. But in areas where there is already more supply, the situation is worse. Discounts have increased on property in areas like Dwarka Expressway in Gurugram and Yamuna Expressway in Noida.
Price correction has started in projects in many areas. Talking about luxury houses, their supply has become so much that now it is risky to invest in them. Experts say that the increase in prices, the vigilant attitude of investors and weakness in the country’s economy are the major reasons for this decline. Earlier, where it was a profitable deal in the property, now the situation has changed.
(Tagstotranslate) Housing sales fall