Tier 2 cities' housing slumps in Q1: Affordable supply falls 54%, says report; developers shift focus to premium housing
Sunday, 15 June 2025 () New Delhi sees a shift in the housing market. Affordable housing in tier 2 cities declines by 54% in Q1 2025. Overall housing supply also drops by 35%. Developers focus on premium homes to increase profit margins. Homes between Rs 50 lakh and Rs 1 crore become more common. Experts believe that lower home loan rates may boost property sales.
New housing launches in India's top 15 tier-II cities experienced a sharp 35% decline in the January-March quarter, as developers adjusted strategies due to... IndiaTimes
Sunday, 15 June 2025 ()
