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Home » Chennai scores well in terms of housing sales

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Chennai scores well in terms of housing sales

India Times Now Desk
Last updated: December 28, 2025 12:00 am
India Times Now Desk
Published: December 28, 2025
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Chennai stood out as the only major city to register a significant surge in housing demand in 2025, recording a 15% increase in residential sales. Approximately 22,180 housing units were sold during the year, according to data shared by ANAROCK Group.

The data also pointed out that Chennai added approximately 27,190 units in 2025, an annual increase of 30% against the previous year. And 71% of the new supply was in the sub ₹2.5 crore budget segment.

“The micro markets of South Chennai have been the most active in 2025 with the region accounting for nearly 66% share of the total residential units’ sales during the year. There has been a significant increase in the volume of sales in 2025 in South Chennai which exceeds the previous year by 24% and the year before by 23%,” said Anuj Puri, Chairman of ANAROCK Group.

Pallavaram accounted for nearly 16% share followed by Kelambakkam and Shollinganallur, each with a share of 11%. It is interesting to note that Shollinganallur last year had a share of nearly 20% followed by Kelambakkam at 10% and Pallavaram at only 6%.

Another set of data that was shared by the Confederation of Real Estate Developers Associations of India (Credai) Chennai, housing sales in 2025 are expected to cross 15,000 units, registering an 18% increase over 2024, when sales stood at 12,942 units. The data released by Credai pertains to projects that come under RERA. According to Credai, until October 2025, the city saw 250 projects launches (26,482 units launched). In 2024, around 257 projects were launched (23,395 units).

“Strong sales traction was recorded across South and West Chennai, particularly along OMR, GST Road, Porur – Poonamallee Road, Radial Road, and the emerging western suburbs, driven by improved infrastructure, metro connectivity, and access to employment hubs,” Mohamed Ali, President of CREDAI Chennai said. W.S. Habib, President, Credai Tamil Nadu said: “The fact that over 71% of new launches are under ₹2.5 crore highlights the city’s focus on real demand rather than speculative pricing.”

“Major buyers fall under the ₹ 1.5 crore to ₹ 3 crore price segments for new launches. Southern suburbs dominate sales volume, indicating strong demand in mid-income segments,” Jerry Kingsley Head Capital Markets Chennai JLL said.

To a query on the buyer profiles, Mr. Ali said that market trends suggest that the majority of homebuyers in 2025 belonged to the 28–45 age group. Demand was primarily driven by IT and ITeS professionals, manufacturing and services sector employees, and self-employed professionals, with increasing participation from first-time buyers and upgrade homebuyers, he added.

At the national level, housing sales in the top seven cities witnessed a 14% decline in 2025, with approximately 3,95,625 units sold in the year against 4,59,645 units in 2024.

Published – December 28, 2025 05:30 am IST



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