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Q1 2025: Affordable Housing Supply in Tier-2 Cities Drops 54%
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 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 the 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 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 price range Rs 50L-1cr. in Q1 2024, the PropEquity data shows.
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