Mumbai: Affordable housing took a major hit post-pandemic as buyers in this segment adopted a cautious approach, with new supply and sales plummeting in recent years. But latest ANAROCK research highlights a promising trend – unsold inventory in the affordable housing segment (<INR 40 lakh) fell by 19% across the top 7 cities in the past year, from 1.40 lakh units (Q1 2024-end) to 1.13 lakh units (Q1 2025-end).
Meanwhile, luxury housing (>INR 1.5 Cr) saw a 24% surge in unsold stock, rising from 91,125 units (Q1 2024-end) to over 1.13 lakh units (Q1 2025-end), fuelled by robust demand and new supply.
City-wise, Bengaluru led the affordable category recovery with a sharp 51% drop in unsold stock, followed by Chennai’s 44% decline. Hyderabad was the only city to witness a 9% surge in its affordable housing stock in the period – to approx. 1,815 units by Q1 2025-end.
