Registration of residential properties declined 5 per cent to 5.45 lakh units till December 25 this year across nine cities, while the total transaction value rose 11 per cent to Rs 4.46 lakh crore, according to industry data. The data covers property registrations across major urban markets and includes transactions from both primary and secondary (resale) segments. In 2025, registered residential transactions across nine key residential markets declined 5 per cent year-on-year, even as total sales value increased by over 11 per cent during the same period, the report stated. During 2024, the number of registrations stood at 5.77 lakh units with a total value of Rs 4.03 lakh crore. The report attributed the rise in value to growing participation from high-income buyers, with premium and luxury housing contributing a larger share, particularly in major metropolitan regions.vWhile overall demand remains structurally resilient, incremental growth in the luxury segment is expected to moderate in 2026, indicating a phase of stabilisation rather than a slowdown.vLooking ahead, the housing market is expected to remain well positioned for sustainable progress in 2026, supported by disciplined supply pipelines, a more mature buyer base, and a gradual rebalancing of demand towards the mid-market segment.vIndustry participants noted that homebuyers are increasingly showing a strong preference for newly launched residential projects.

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