Real estate
Every person who earns away from home in India wants to buy his own house. But, these days, the biggest concern for 81 percent of the households is the rising price of houses. Because in the last two years, average residential prices have increased by more than 50%.
According to the Enarock Consumer Survey for H1 2025, the average residential prices in the top 7 cities of the country have increased from Rs 6,001 per sq ft in the second quarter of 2023 to Rs 8,990 per sq ft till the second quarter of 2025. According to the survey, 62% of interested buyers of affordable housing are not happy with the current options in the market, while 92% are unhappy with the location of the project.
People are also worried about quality and size
90% says that the quality of making these projects is poor and their design is also not good. Also, 77% of people feel that the size of these houses is very small according to the need. Anuj Puri, president of the Enerock Group, said that city-wise trends show that residential property seekers in various cities are very concerned about rising prices in their respective cities.
According to anarock data, in the same period of 2020 it has come down from 40% to only 17% in the first half of 2025. Also, the new supply of affordable housing in the top 7 cities has decreased rapidly in the last two years. The first half of 2023 has come down from 18% to only 12% in the first half of 2025. Its supply stake in the new launch in 2019 was 40%.
How many people have been surveyed
According to the survey, the price ranging from Rs 90 lakh to Rs 1.5 crore for more than 36% potential home buyers has emerged as ‘favorite’ option. Which reflects a strong trend towards premium and luxury properties, while 25% of people prefer houses worth Rs 45 lakh to Rs 90 lakh. The survey was conducted between January and June 2025 and 8,250 participants living in 14 different cities have given their response.
Demand for ready-to-a-house houses decreased
The H1 2025 survey has found that the demand for ready-to-me houses is decreasing and in fact it is at the lowest level of the preference chart. By 2025, the ratio of demand for ready houses was 16:29 as compared to the new launch, while in H1 2024 it was 20:25. This is completely reversed compared to H1 2020, when the demand ratio was 46:18 and in H1 2021 it was 32:21.
The report about the trends of cities states that in all cities, the largest share of buyers looking for assets especially for investment is 43% in Bengaluru. The survey shows that investors have the lowest share in Delhi-NCR, ie 26% and 74% want to shop as investors and users.