Indian economy remains resilient despite volatile global environment

The Indian economy continues to remain resilient in the backdrop of a volatile global environment.

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The stable economic backdrop, with lower inflation and the repo rate have played their role in supporting sentiments in the residential market.

87,603 units were sold in Q3 2025, marginally higher by 1 per cent YoY and in YTD terms (Jan-Sept 2025), the sales volumes were 1 per cent lower than the base period last year.

Interestingly, sales have remained stable or grown marginally across all markets with the exception of Pune which witnessed a decline of 8 per cent YoY in Q3. The highest sales volumes were recorded in Mumbai at 24,706 units, 2 per cent higher in YoY terms.

At 12 per cent YoY, sales grew the most in the Chennai market to 4,617 units, the highest seen since the pandemic, according to Knight Frank India's Q3 India Real Estate report.