Try GOLD - Free
Affordable Housing Supply in Tier 2 Cities Falls 54% in Q1 2025
The Business Guardian
|June 16, 2025
The supply of new affordable housing in India's top 15 tier 2 cities witnessed a steep decline of 54 percent in the January-March quarter (Q1) of the current year, indicating a shrinking focus of developers on the affordable housing segment.
The affordable housing segment is defined as properties priced under Rs 50 lakh.
Real estate data analytics firm PropEquity observed in its latest report that housing supply in India's top 15 tier 2 cities fell by a whopping 35 percent to 30,155 units in the January-March period of 2025, with 48 percent of the launches in the Rs 50 lakh-1 crore price range.
The supply stood at 45,901 units, with 36 percent of the launches in the Rs 50 lakh-1 crore price range in Q1 2024, the PropEquity data shows.
Bhubaneswar witnessed the highest decline at 72 percent to 772 units in Q1 2025, while Nashik saw the least decline at 2 percent to 2466 units.
The report further added that Eastern and Central India, with a 68 percent fall in new launches in Q1 2025, saw the highest decline, followed by 55 percent in Northern India, 28 percent in Western India, and 26 percent in Southern India.
This story is from the June 16, 2025 edition of The Business Guardian.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The Business Guardian
The Business Guardian
Balaji Mannem Conferred Honorary Degree by California Public University (USA)
Mr.
1 min
December 19, 2025
The Business Guardian
AAP MP Raghav Chadha demands Annual Health Checkup as a legal right
In a significant call for healthcare reform, Aam Aadmi Party (AAP) MP Raghav Chadha has urged the government to make annual health checkups a legal right for all citizens.
1 mins
December 19, 2025
The Business Guardian
JAIN (Deemed-to-be University) – CMS: Building future leaders through BBA
On a vibrant campus in Bengaluru, classrooms at the Center for Management Studies (CMS), JAIN (Deemed-to-be University) are witnessing a quiet transformation.
1 mins
December 19, 2025
The Business Guardian
POLLUTION: OFFICIALS CONDUCT VEHICLE CHECKS TO ENSURE COMPLIANCE WITH NEW DIRECTIVE
Teams from Transport Enforcement conducted checks on vehicles in the National Capital as part of intensified measures to combat rising air pollution in the Delhi-NCR region.
2 mins
December 19, 2025
The Business Guardian
Tata Play Binge Boosts Its Entertainment Portfolio with Ultra Play & Ultra Jhakaas
Continuing its commitment to bring India’s most diverse entertainment under one roof, Tata Play Binge has announced the addition of Ultra Play and Ultra Jhakaas to its ever-expanding OTT portfolio.
3 mins
December 19, 2025
The Business Guardian
Delhi HC flags abuse of process, terms petitioner ‘serial litigant’ in unauthorised construction case
The Delhi High Court has found that a petitioner had repeatedly misused the judicial process by filing multiple writ petitions against alleged unauthorised constructions without pursuing them to their logical end, holding that the conduct pointed to oblique and non bona fide motives.
1 min
December 19, 2025
The Business Guardian
GIBF Organizes Bilateral Trade Ceremony and Business Excellence Awards
The Global India Business Forum (GIBF) organized a Bilateral Trade Ceremony and Business Excellence Awards 2025 at the Constitution Club of India.
1 min
December 19, 2025
The Business Guardian
Delhi Police book SHO over bribery allegations
Delhi Police have registered a case against a station house officer (SHO) for allegedly demanding a bribe to pursue an investigation in another matter, an official said on Thursday.
1 min
December 19, 2025
The Business Guardian
WHATEVER HAPPENS IS FOR GOOD: EMBRACING LIFE WITH FAITH
Life is a series of experiences joys, sorrows, successes, and setbacks.
2 mins
December 19, 2025
The Business Guardian
Forbes India recognises TMTC for cross-border healthcare leadership
The Medical Travel Company (TMTC), a next-generation healthcare platform that connects UK patients with high-quality, cost-effective treatment in India, has been named to the Forbes India DGEMS 2025 Select 200 list.
1 mins
December 19, 2025
Listen
Translate
Change font size