Chennai’s residential market shows signs of positive growth

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An adept  said keeping prices nether  cheque  has besides  helped to support   demand, dissimilar  successful  different   cities (Representational photo)

An adept said keeping prices nether cheque has besides helped to support demand, dissimilar successful different cities (Representational photo)

Chennai’s residential marketplace saw a robust 33% year-on-year maturation successful income during the 3rd 4th of 2025, with implicit 6,010 lodging units sold - registering the highest yearly summation among each apical cities.

Kolkata was the lone different metropolis to registry an yearly maturation successful income – of humble 4% portion each different cities recorded a decline, according to details shared by ANAROCK Group.

“On a quarter-on-quarter basis, income surged by much than 6% successful the city. Interestingly, successful the archetypal 9 months of 2025, the metropolis witnessed full income of 15,720 units, portion past twelvemonth the metropolis saw income of astir 15,040 units, thereby increasing by 5%,” Anuj Puri, Chairman of the ANAROCK Group said.

The maturation successful residential income during the quarter, and besides the year, tin beryllium mostly attributed to the steadfast influx of caller task launches and reasonably unchangeable prices successful examination to galore of its counterparts. With implicit 6,395 lodging units launched, Chennai recorded a 38% yearly leap successful caller launches successful Q3 2025 alone. During the archetypal 9 months of 2025, the metropolis saw caller additions of astir 19,675 units. Back successful aforesaid play successful 2024, the metropolis witnessed a full caller proviso of astir 17,090 units, a 15% growth. Majority of the caller proviso that was added was connected the mid, upper-mid and luxury class priced from ₹40 lakh to ₹2.5 crore.

In presumption of mean residential prices, portion cities similar NCR and Bengaluru recorded precocious maturation of 24% and 10%, respectively, Chennai witnessed 5% yearly maturation successful Q3 2025 – from ₹6,680 per sq. ft. successful Q3 2024 to ₹7,010 per sq. ft. successful Q3 2025.

“Thus, keeping prices nether cheque has besides helped request not taper down present dissimilar galore different cities. Continuous infrastructure upgrades and an improving bureau market, particularly acknowledgment to the increasing request by GCCs, are the cardinal driving factors attracting homebuyers’ involvement successful Chennai,” Mr. Puri said.

Published - September 26, 2025 05:45 americium IST

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