The city's residential real estate market is projected to continue its steady recovery in 2025, with home sales expected to surpass 15,000 units, marking an 18% increase over 2024, despite ongoing macroeconomic uncertainties. In 2024, approximately 12,942 units were sold. Price trends have remained stable, further solidifying the city’s reputation as a market driven by end-user demand, which is less susceptible to speculative fluctuations seen in other major cities. Industry data reveals that nearly 26,500 housing units were launched across approximately 250 projects by October 2025, with total launches expected to be nearly 20% higher than in 2024. The report highlights that sales momentum has remained strong, especially in the southern and western parts of the city, where infrastructure improvements and enhanced transportation connectivity are influencing buyer preferences. Key demand corridors include areas along Old Mahabalipuram Road (OMR), GST Road, Porur-Poonamallee Road, and Radial Road, all benefiting from proximity to employment hubs and expanding metro access. Particularly in the western suburbs, residential interest has increased, driven by developments like the Kuthambakkam bus terminus and the ongoing progress of Metro Rail's Corrido. Looking ahead, the southern and western regions are expected to remain the city's primary residential growth drivers in 2026. Additionally, there is potential for redevelopment-driven growth in central and northern parts of the city, provided there is more regulatory clarity. Clearer guidelines under local housing laws could help revive stalled redevelopment projects and attract more buyers to older neighborhoods.

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