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Indian Homebuyers Favor Affordable, Ready Homes in 2026
A new survey looked at what people in India want when buying homes.
It found that many people still plan to buy a home, even though they are careful about money.
About half may buy within the next two years.
Most shoppers want homes costing between ₹50 lakh and ₹1.5 crore.
Many prefer two- or three-bedroom apartments.
More than 60% want homes that are ready soon instead of projects that are just starting.
Buyers also care about good prices, easy payment plans, transport links, and nearby facilities.
Younger buyers are more willing to accept the risks of homes still being built.
The survey says developers may sell more homes if they match prices, layouts, locations, and completion timelines to buyer needs.
Colliers India’s survey found housing demand remains resilient, with sales buoyant throughout 2026.
About half of prospective buyers expect to purchase a home within two years, despite economic uncertainties.
Forty-six percent prefer homes priced between ₹50 lakh and ₹1.5 crore, while 62% favor 2 or 3 BHK apartments.
More than 60% prefer ready-to-move or near-completion homes over under-construction or newly launched projects.
Affordability and pricing are major concerns for 31% of respondents, while 65% value attractive prices and flexible payment plans.
- Who
- Prospective homebuyers in India, surveyed by Colliers India; the survey included around 1,800 respondents.
- What
- The Homebuying Sentiment Survey 2026 examined buyers’ preferences for prices, home sizes, completion status, and purchase motivations.
- Where
- Across more than 30 established and emerging residential markets in India, including Mumbai, Delhi NCR, Bengaluru, and Hyderabad.
- When
- The report covers sentiment and housing demand in 2026, with many respondents considering purchases within two years.
- Why
- Buyers remain interested in homeownership and lifestyle purchases, but affordability, income security, pricing, and possession certainty are shaping their decisions.
Key facts
- Survey respondents
- Around 1,800 people across more than 30 Indian residential markets
- Purchase timeline
- Around 50% expect to buy a home within two years
- Preferred price range
- ₹50 lakh to ₹1.5 crore, preferred by 46% of respondents
- Preferred configuration
- Two- and three-bedroom apartments, preferred by 62%
- Completion preference
- More than 60% favor ready-to-move or near-completion homes
- Major concern
- Affordability and pricing, cited by 31% of prospective buyers
- Purchase facilitators
- Attractive pricing and flexible payment plans, considered critical by 65%
Quotes
Ravi Shankar Singh
MD, Residential Transaction Services at Colliers India
“With the festive season typically serving as a key catalyst for home purchases, housing demand is expected to remain firm over the next few quarters. However, developers will need to align product offerings more closely with evolving buyer preferences and affordability considerations to translate demand into sustained sales.”
livemint.com
“India’s residential market remains fundamentally end-user driven, but the path from purchase intent to actual conversion is becoming increasingly nuanced. Prospective homebuyers are becoming more price-sensitive, risk-averse and selective in purchase decisions.”
livemint.com
Sources
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