Around 5.40 lakh housing units are scheduled for completion across India’s top seven cities in 2026, but prolonged conflict in the Middle East could put delivery timelines under pressure, according to ANAROCK Research.

The report said extended disruptions to global trade routes, commodity markets and supply chains may affect developers’ ability to complete projects on schedule, even as housing demand remains resilient and project financing is stronger than in previous cycles.

MMR has the highest delivery pipeline, with around 2,07,300 units scheduled for completion in 2026, followed by Pune with 1,00,300 units. Bengaluru has 69,000 units, Hyderabad 63,700 units and Chennai 35,600 units lined up for delivery. NCR has 39,000 units, while Kolkata has 22,500 units scheduled for completion.

Dr Prashant Thakur, Executive Director and Head – Research & Advisory, ANAROCK Group, said MMR and Pune together account for 57 per cent of the homes due for completion this year.

ANAROCK said large housing supply pipelines have historically been vulnerable to major disruptions. In 2020, around 4.66 lakh homes were scheduled for completion across the top seven cities, but only 2.14 lakh units, or 46 per cent, were delivered due to lockdowns, labour migration and supply-chain challenges.

The report noted that the current situation differs from the pandemic, as construction activity continues and labour availability remains stable. However, prolonged geopolitical tensions could raise energy prices, logistics costs and prices of key construction materials such as steel, aluminium, copper, electrical equipment and building systems.

Between 2017 and 2025, nearly 30.5 lakh housing units were delivered across the top seven cities. ANAROCK said 2026 could become the highest delivery year of the decade if projects remain on schedule.