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India’s Housing Market Holds Firm as Sales and Launches Rise
India’s housing market grew a little during the third quarter of 2026.
People bought about 1,00,220 homes in seven major cities.
This was 3% more than during the same period last year.
Builders also started work on many more homes, with new launches rising 18%.
The Mumbai Metropolitan Region had the most sales and new homes.
Hyderabad had the fastest sales growth among the cities.
Most new homes cost between ₹80 lakh and ₹1.5 crore.
More homes were available, but prices also rose, so some buyers may be more careful.
Housing sales across India’s top seven residential markets rose 3% year on year to about 1,00,220 units in Q3 2026.
The value of homes sold increased 2% to approximately ₹1.55 lakh crore.
Developers launched around 1,14,320 homes during July–September, an 18% annual increase.
The Mumbai Metropolitan Region led sales and launches, while Hyderabad recorded the strongest annual sales growth at 15%.
Inventory rose 12% to more than 6,30,590 units, while average prices increased 7% across the seven markets.
- Who
- Homebuyers and property developers in India’s top seven residential markets; ANAROCK Group provided the figures, with comments from Chairman Anuj Puri.
- What
- Housing sales rose 3% year on year in Q3 2026, while new residential launches increased 18%.
- Where
- India’s top seven residential markets, led by the Mumbai Metropolitan Region, Hyderabad and Bengaluru.
- When
- The third quarter of 2026, covering July through September; inventory figures were reported at the end of September.
- Why
- Demand from people buying homes for their own use supported sales, although geopolitical uncertainty and rising prices remained concerns.
Market Resilience
Buyer Caution
Near-term housing outlook
Market Resilience
End-user demand, steady borrowing costs and upcoming launches could support sales during the festive period, according to Anuj Puri.
Buyer Caution
Higher prices and geopolitical uncertainty may make buyers more selective, even as sales and launches increase.
Supply and affordability
Market Resilience
The 18% rise in new launches and higher inventory indicate that developers are expanding supply to meet demand.
Buyer Caution
The largest share of new launches was priced between ₹80 lakh and ₹1.5 crore, while average prices rose 7%, potentially limiting affordability for some buyers.
Key facts
- Housing sales
- About 1,00,220 units in Q3 2026
- Annual sales growth
- 3% across the top seven markets
- Home sales value
- Approximately ₹1.55 lakh crore, up 2% year on year
- New launches
- Around 1,14,320 homes, up 18% year on year
- Largest sales market
- Mumbai Metropolitan Region, with nearly 31,750 homes sold
- Fastest sales growth
- Hyderabad, at 15% year on year
- Available inventory
- More than 6,30,590 units at the end of September, up 12%
- Average price increase
- 7% across the seven cities
Sources
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