Archive · 21 Jul 2026
India's Residential Sales Rise 3% in Jan-June 2026
In the first half of 2026, India's residential real estate market showed strong growth.
Sales of homes went up by 3%, and new property launches increased by 9%.
This growth was led by cities like Bengaluru and Chennai.
However, there was a small drop in sales in the second quarter compared to the first, which might be due to seasonal factors and adjustments in property prices.
Experts believe that as prices stabilize, the market will continue to grow.
Buyers are now more interested in high-quality, premium properties, showing a shift towards long-term value.
India's residential sales rose 3% to 1,38,382 units in Jan-June 2026.
New launches increased by 9% to 1,68,507 units, indicating strong developer confidence.
Bengaluru and Chennai led growth with 16% and 27% year-on-year sales increases respectively.
The four major markets of Bengaluru, Mumbai, Pune, and Delhi NCR accounted for 76% of total sales.
The Rs 1-3 crore segment saw a 58% year-on-year surge, reflecting a shift towards premium developments.
- Who
- Real estate developers and buyers in India
- What
- Residential sales and new launches in India
- When
- January to June 2026
- Where
- Major cities in India, particularly Bengaluru, Mumbai, Pune, and Delhi NCR
- Why
- Strong urbanization trends, improving infrastructure, and evolving lifestyle aspirations
Optimistic Outlook
Cautious Outlook
Market Growth
Optimistic Outlook
The market shows strong growth with a 3% increase in sales and a 9% rise in new launches, indicating robust developer and buyer confidence.
Cautious Outlook
The 4% quarterly decline in Q2 suggests a need for caution due to seasonal factors and price recalibration.
Price Stabilization
Optimistic Outlook
Property prices are stabilizing, and buyers are adjusting to market conditions, which is expected to improve sales momentum in the future.
Cautious Outlook
Buyers are adopting a more considered approach, indicating potential volatility and uncertainty in the short term.
- Total Sales (Jan-June 2026)
- 1,38,382 units
- New Launches (Jan-June 2026)
- 1,68,507 units
- Top Markets
- Bengaluru, Mumbai, Pune, Delhi NCR
- Bengaluru Sales Growth
- 16% year-on-year
- Chennai Sales Growth
- 27% year-on-year
- Premium Segment Growth
- 58% year-on-year
- Q2 Sales Decline
- 4% compared to Q1