A strong launch pipeline over the next few quarters in 2025 is expected as only 23% of 253.16 mn sq ft of housing supply announced in 2024 has been launched. As much as 196 mn sq ft of new housing supply is expected to hit the real estate market in 2025, as only 23% of the total housing supply announced early this financial year was launched in H1 FY2025 due to the general and state elections, which in turn slowed down project approvals.
With elections now over, Anarock’s analysis shows that these listed developers are expected to launch multiple new products in the next few quarters.
ANAROCK’s data analysis of the top 11 listed developers shows that at the beginning of FY 2025, they announced plans to launch 253.16 mn sq. ft. of new supply across cities over the next few years. Interestingly, of this total planned supply, just 23% (approximately 57.15 mn sq ft.) were launched in H1 FY 2025, indicating a strong new supply pipeline over the coming quarters.
Among the top 11 listed players, Bengaluru-based Prestige Group – with 75 mn sq. ft – has the highest new supply planned over the next few years. They launched just 10.05 mn sq. ft. (or 13%) in H1 FY2025 across geographies. In early September, the Group indicated an overall project pipeline of at least 60 mn sq. ft.