Real Insight: Residential | India Housing Market | Jan–Mar 2026

Real Insight: Residential – Jan–Mar 2026 presents a comprehensive, data-driven assessment of India’s residential real estate market across eight major cities. The report examines the evolving dynamics of the housing sector as it moves beyond the rapid post-pandemic expansion phase into a more stable and structurally mature growth cycle.

The analysis highlights how residential demand across key urban markets remained resilient during the quarter, supported by sustained end-user participation, premium housing demand, and improving buyer confidence. At the same time, developers adopted a more calibrated supply strategy, focusing on financially viable launches, inventory discipline, and project execution efficiency.

The report captures important market trends including housing sales performance, new supply additions, price appreciation, absorption levels, and inventory movements across leading metropolitan regions. It also evaluates how premiumisation continues to shape residential demand patterns, with higher-value housing segments accounting for a growing share of market activity.

In addition, the study explores the impact of infrastructure expansion, urbanisation, financing conditions, and evolving consumer preferences on residential market performance. The report identifies how developers are increasingly aligning launches with demand visibility while maintaining cautious inventory positions in a stabilising market environment.

Supported by detailed city-level data and market indicators, the report delivers actionable insights for homebuyers, developers, institutional investors, lenders, and policymakers seeking to understand the direction of India’s residential housing market during the first quarter of 2026.

Key Market Highlights

• India’s residential market remained stable in Q1 2026 with 93,065 launches and 95,973 sales recorded across the top eight cities.
• Residential supply rose +1.1% QoQ, while sales increased +1.0% QoQ, signalling a mature and balanced market cycle.
• The weighted average residential price crossed ₹10,000/sq ft for the first time, reaching ₹10,050/sq ft.
• Bengaluru emerged as the strongest-performing market with +33% YoY sales growth and the highest annual price appreciation among major cities.
• Pune recorded the strongest QoQ price growth at +9%, reflecting rising pricing strength.
• Mumbai MMR remained India’s largest residential market, contributing 29.2% of total launches in Q1 2026.
• Inventory levels stayed healthy due to disciplined launches and stable absorption trends across key residential markets.
• Premium and upper mid-income housing continued to drive launches across MMR, Bengaluru, and Delhi NCR.