India’s Residential Real Estate Market Remains Resilient in Q2 2026

 

NEW DELHI : India’s residential real estate market continued to show resilience during the second quarter of 2026, despite geopolitical uncertainties, rising property prices and cautious buyer sentiment. Recent industry reports indicate that demand remains firm, although the market is gradually shifting from volume-driven growth towards premium and value-oriented housing.

According to PropEquity, housing sales across India’s top nine cities increased 19% year-on-year to 1,12,458 units in Q2 2026. New launches also rose sharply by 43%, indicating continued confidence among developers. Southern and western markets were among the key contributors to the growth.

However, data from other major real-estate trackers shows some moderation. Anarock reported that sales across the top seven cities declined around 6% year-on-year to 90,715 units, while new launches increased 7% to nearly 1.06 lakh units. MMR and Bengaluru together accounted for more than 48% of sales during the quarter.

Meanwhile, CBRE recorded more than 61,000 residential sales across its tracked markets in Q2, while developers introduced around 63,800 new units. CBRE also noted that the share of high-end apartment sales continued to increase.

One of the most visible trends in Q2 was the growing preference for premium homes. Rising incomes, demand for larger homes and preference for better amenities and locations are encouraging buyers to allocate higher budgets.

Data from PropTiger’s Q2 report showed 91,729 homes sold across the top eight cities, while 89,161 new units were launched. Although sales declined 6.1% year-on-year, the sales-weighted average price increased 1% quarter-on-quarter to ₹10,153 per sq ft, highlighting the continuing shift towards higher-value housing.

The Q2 performance suggests that India's housing market is not experiencing a broad-based collapse in demand. Instead, buyers are becoming more selective, while developers are increasingly concentrating on premium projects, established locations and products with stronger amenities and connectivity.

For homebuyers, the current market presents a combination of rising prices and expanding choices, particularly in major metropolitan regions. For developers, the emphasis is increasingly on calibrated launches and projects that match changing consumer preferences.

Overall, Q2 2026 reflects a residential market that remains active and resilient, but is undergoing a clear structural shift towards premium housing, quality projects and value-driven purchases.

By : The Realty Times — Real Estate News, Property Insights & Market Updates