June 30, 2026

BREAKING NEWS:

Housing sales across India’s top 9 cities rise 19% in Q2 2026, supply up 43%: PropEquity

Housing sales across India's top nine cities increased 19% year-on-year to 1,12,458 units in Q2 2026, while new housing supply rose 43% to 1,17,609 units. Bengaluru led both sales and supply growth, whereas Delhi-NCR and Kolkata recorded declines, according to PropEquity.
Housing Sales in Top 9 Indian Cities Rise 19% in Q2 2026

New Delhi: Housing sales across India’s top nine cities increased 19% year-on-year to 1,12,458 units during the April-June quarter of 2026, while new housing supply grew 43% to 1,17,609 units, according to data released by NSE-listed real estate data analytics firm PropEquity.

The report stated that housing sales rose 14% quarter-on-quarter, while housing supply increased 27% during Q2 2026.

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Among the southern markets, Bengaluru recorded the highest housing sales growth of 47% year-on-year with 21,516 units sold, followed by Hyderabad, where sales increased 22% to 14,410 units, and Chennai, where sales rose 18% to 6,323 units.

In western India, Navi Mumbai registered the highest sales growth of 61% to 11,029 units. Mumbai recorded 32% growth with 10,561 units sold, Thane posted 10% growth with 16,386 units, while Pune reported 9% growth with 18,737 units.

Kolkata recorded a 23% decline in housing sales to 3,414 units, while Delhi-NCR reported a 14% decline to 10,082 units during the quarter.

Commenting on the report, Samir Jasuja, Founder and CEO, PropEquity, said, “Indian housing market has remained resilient despite the geopolitical uncertainties in the Middle East. Southern markets continue to lead growth, while Mumbai and Navi Mumbai have also seen strong demand. Although some regions such as Thane and Delhi-NCR have witnessed relatively softer activity, overall market sentiment remains positive.”

He added, “An important trend has been the rise in new supply after several quarters of constrained launches leading to stronger absorption levels across key markets. This indicates that demand remains healthy and the ongoing conflict has had minimal impact on the real estate sector.”

On the supply side, Bengaluru led with 24,340 units launched during the quarter, reflecting 71% year-on-year growth. Hyderabad followed with 18,407 units, up 75%.

Navi Mumbai recorded the highest percentage increase in housing supply, rising 116% year-on-year to 9,902 units, while Mumbai registered 111% growth to 10,438 units.

Chennai, Pune and Thane also witnessed growth in housing supply ranging between 6% and 41%.

Hyderabad became the second-largest housing supply market after Bengaluru, overtaking Pune, Thane and Delhi-NCR.

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Delhi-NCR reported a 6% decline in housing supply to 12,977 units, while Kolkata recorded a marginal 2% decline to 2,608 units.

Jasuja further said, “We are also witnessing greater interest in the Indian real estate market from investors who were previously evaluating opportunities in the Middle East due to India’s economic stability, infrastructure growth and encouraging long-term real estate fundamentals.”

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