Indian housing sales fell 2% YoY in November 2025, while new project launches dropped sharply, according to report by Nuvama Research. Volume rose 3% MoM, driven by affordable housing, though YoY sales declined 4%. Year-to-date, sales by value are up 6% YoY, with strong growth in Kolkata, Delhi NCR, Chennai, and Bengaluru, while markets like Hyderabad and Mumbai saw declines.