Delhi-NCR Housing Sales Dip 17 Per Cent in Jan-Mar

01 Apr 2026 CW Team

Anarock has reported that housing sales in Delhi-NCR fell by 17 per cent in the quarter from January to March as geopolitical tensions in West Asia weighed on buyer sentiment. The firm attributed the decline to heightened uncertainty among end users and investors, leading to a cautious approach to home purchases. The downturn followed a period of steady demand that had previously supported sales across the region.

Market participants indicated that prospective buyers postponed decisions amid concerns over economic spillovers and near term volatility, reducing transaction volumes at a time when new supply was also moderated. Developers responded by adjusting launch timelines and offering more flexible payment schemes to sustain interest, while brokerage channels reported lower footfall at model homes. Demand contraction was uneven across micro markets, with some locations showing relative resilience.

Inventory levels and absorption rates varied across projects but overall indicated a slower sales pace rather than a broad based collapse, with many projects continuing construction activity. Prices remained broadly stable with only marginal adjustments in certain segments as developers balanced attempts to preserve margins with the need to attract buyers. Lenders maintained credit availability, although underwriting standards remained selective in the prevailing climate.

Analysts said the outlook will depend on how quickly geopolitical tensions abate and on domestic economic indicators that influence consumer confidence and employment. Policy measures and interest rate clarity could support a gradual recovery in demand if sentiment improves, while developers are likely to calibrate supply to match the pace of absorption. The report suggested monitoring near term indicators to assess the trajectory of the housing market in Delhi-NCR.

Equipment

25 Apr 2026

PMGSY-III Extension Strengthens Rural Growth

The Indian Construction Equipment Manufacturers’ Association (ICEMA) has welcomed the Government of India’s decision to extend the Pradhan Mantri Gram Sadak Yojana-III (PMGSY-III) till March 2028. The association said the move reflects the Government’s continued focus on building strong rural infrastructure as a foundation for long-term growth and national development.The extension will support the upgradation of key rural routes linking habitations with markets, healthcare institutions, schools and nearby towns. Improved road quality and reliability are expected to help people travel fa..

WattPower Showcases 21 GW Impact at RenewX 2026

WattPower is set to showcase its 21 GW deployment footprint at RenewX 2026, to be held at the Chennai Trade Centre from April 27–29.Organised by Informa Markets, the event brings together stakeholders across solar, energy storage, EV infrastructure, and emerging clean technologies.WattPower will present its next-generation portfolio, including high-efficiency smart string inverters, intelligent monitoring systems, and proprietary safety technologies. The company’s offerings are built on insights from deploying over 77,000 units across diverse climatic and grid conditions in India.With expe..

TK Elevator Begins India Factory Expansion Project

TK Elevator has commenced expansion of its manufacturing facility in India, marking a step towards strengthening local production and logistics capabilities.The project will add approximately 10,000 sq m to the existing facility and is scheduled for completion by August 2027. The expansion aims to enhance production efficiency while scaling up warehousing and logistics infrastructure.The additional capacity will support rising demand across low- to mid-rise residential segments, as well as infrastructure and commercial projects. It is also expected to improve responsiveness in service and mode..