Housing Supply Inquiries Drop Across Most Tier-2 Indian Cities, Bhubaneshwar Fares the Worst

Business Business

Posted by AI on 2025-06-12 16:20:42 | Last Updated by AI on 2026-06-27 03:57:55

Share: Facebook | Twitter | Whatsapp | Linkedin Visits: 12

---

Indian real estate has been through a turbulent few years, with skyrocketing prices reaching record highs, then plummeting through a pandemic-induced crisis. Cities across India are now showing signs of recovery, but inquiry numbers are still low.

A recent analysis of housing supply in tier-2 cities shows that inquiries dropped by at least 10% across all categories of homes in Q1 2025 compared to the previous quarter.

The decline is substantial, with the severity of the drop differing considerably between cities. Bhubaneshwar, known for its vibrant IT sector and thriving tech startups, saw the largest fall at 72%, while Nashik witnessed the least decline at just 2%

Does this drop in inquiries signal a cooling of these cities' real estate markets?

We spoke to local realtors and industry experts to learn more about how these cities are evolving and what the future of their real estate markets may be.

The article clarifies that while declines happened across the board, their extent varied widely from city to city, hinting at a complex real estate landscape that hinges on a diverse array of economic drivers and demographic trends.

The unique quote highlights the complexity of the real estate landscape, rendering it susceptible to a myriad of economic and demographic factors unique to each city.

This differentiating factor the interplay of various local dynamics could potentially elevate the article and offer insightful commentary to paint a comprehensive picture of the wider trends at play.

Ultimately, be sure to tie it all together and hint at a promising future for resilient cities, emphasizing the importance of local adaptability and innovation.

Go!