Housing Sales Dip 7 per cent QoQ Across Top Cities

28 Mar 2026 CW Team

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.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..