Archive · 29 Sep 2026
India’s Housing Market Grows As Sales Rise, Launches Jump
India’s housing market grew slightly during the third quarter of 2026.
People bought about 1,00,220 homes in seven major cities.
This was 3% more than in the same period last year.
Builders introduced about 1,14,320 new homes, which was an 18% increase.
The Mumbai region had the most sales and new housing launches.
Hyderabad had the fastest growth in sales.
More homes were available, but average prices also went up by 7%.
Many new homes cost between ₹80 lakh and ₹1.5 crore.
Experts said festive-season demand may help sales, although higher prices could make buyers 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 Mumbai Metropolitan Region led sales with approximately 31,750 homes, followed by Bengaluru with about 16,670.
Developers launched around 1,14,320 homes, an 18% annual increase, led by MMR and Hyderabad.
Hyderabad recorded the strongest sales growth at 15%, while sales declined in Pune, NCR, Kolkata and Chennai.
Inventory rose 12% to around 6,30,590 units, and average residential prices increased 7% to ₹9,714 per square foot.
- 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 increased 3% year on year in Q3 2026, while new residential launches rose 18%.
- When
- The third quarter of 2026, covering July through September; inventory was measured at the end of September.
- Where
- India’s top seven residential markets, with the Mumbai Metropolitan Region recording the highest sales.
- Why
- End-user demand supported sales, while festive-season demand and stable borrowing costs could provide further support; higher prices and affordability concerns may make buyers selective.
Market Support
Buyer Caution
Near-term demand
Market Support
Anuj Puri said the upcoming festive season, stable borrowing costs and a healthy pipeline of new launches could support residential sales.
Buyer Caution
Higher prices and affordability concerns may cause buyers to remain selective despite the increase in sales.
Supply and affordability
Market Support
New launches increased 18%, indicating that developers expanded supply, particularly in the Mumbai Metropolitan Region and Hyderabad.
Buyer Caution
Inventory rose 12% and average prices increased 7%, while the largest share of new supply was priced between ₹80 lakh and ₹1.5 crore, potentially limiting affordability for some buyers.
- Housing sales
- About 1,00,220 units in Q3 2026
- 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
- Highest sales market
- Mumbai Metropolitan Region, with approximately 31,750 homes sold
- Fastest sales growth
- Hyderabad, at 15% year on year
- Available inventory
- Around 6,30,590 units at the end of Q3, up 12% year on year
- Average residential price
- ₹9,714 per square foot, up 7% year on year
- Largest launch segment
- Homes priced between ₹80 lakh and ₹1.5 crore, representing 34% of new supply
