+
Housing Sales Dip 7 per cent QoQ Across Top Cities
Real Estate

Housing Sales Dip 7 per cent QoQ Across Top Cities

India’s housing market saw a 7 per cent quarter-on-quarter decline in sales across the top seven cities in Q1 2026, with approximately 1,01,675 units sold compared to 1,08,970 units in Q4 2025, according to ANAROCK Group. However, on a yearly basis, sales rose 9 per cent, indicating continued underlying demand.

The total sales value stood at around Rs 1.51 trillion, reflecting a 5 per cent quarterly drop but a 6 per cent annual increase. Mumbai Metropolitan Region and Bengaluru together accounted for nearly 48 per cent of total sales, while Chennai recorded the highest quarterly decline at 18 per cent but also the strongest annual growth at 31 per cent.

New housing supply rose marginally by 2 per cent quarter-on-quarter and significantly by 26 per cent year-on-year, reaching over 1,26,265 units. Hyderabad led supply growth with a 46 per cent quarterly increase, followed by Bengaluru and MMR.

The surge in new launches has pushed unsold inventory up by 4 per cent quarterly and 7 per cent annually, crossing 6,00,000 units. Average property prices increased by 2 per cent quarter-on-quarter and 7 per cent annually, with NCR and Bengaluru recording the highest yearly growth.

According to Anuj Puri, geopolitical uncertainties and rising costs impacted buyer sentiment during the quarter, while a shift towards higher supply relative to sales has led to a gradual increase in inventory levels.

India’s housing market saw a 7 per cent quarter-on-quarter decline in sales across the top seven cities in Q1 2026, with approximately 1,01,675 units sold compared to 1,08,970 units in Q4 2025, according to ANAROCK Group. However, on a yearly basis, sales rose 9 per cent, indicating continued underlying demand.The total sales value stood at around Rs 1.51 trillion, reflecting a 5 per cent quarterly drop but a 6 per cent annual increase. Mumbai Metropolitan Region and Bengaluru together accounted for nearly 48 per cent of total sales, while Chennai recorded the highest quarterly decline at 18 per cent but also the strongest annual growth at 31 per cent.New housing supply rose marginally by 2 per cent quarter-on-quarter and significantly by 26 per cent year-on-year, reaching over 1,26,265 units. Hyderabad led supply growth with a 46 per cent quarterly increase, followed by Bengaluru and MMR.The surge in new launches has pushed unsold inventory up by 4 per cent quarterly and 7 per cent annually, crossing 6,00,000 units. Average property prices increased by 2 per cent quarter-on-quarter and 7 per cent annually, with NCR and Bengaluru recording the highest yearly growth.According to Anuj Puri, geopolitical uncertainties and rising costs impacted buyer sentiment during the quarter, while a shift towards higher supply relative to sales has led to a gradual increase in inventory levels.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code