India sees 7% drop in housing sales as market uncertainty grows
India sees 7% drop in housing sales as market uncertainty grows
The Indian residential real estate sector experienced a shift in the first quarter of 2026.
Data from ANAROCK Research shows that housing sales across India’s top seven cities saw a 7% decline quarter-on-quarter, with 1,01,675 units sold.
Experts point to global geopolitical tensions in the Middle East as the primary catalyst for this downturn.
Consequently, while developers maintained confidence with a 2% increase in new project launches, unsold inventory climbed by 4%.
This suggests that the dip is driven by cautious consumer sentiment rather than a collapse in demand.
As India's market navigates these global uncertainties, the long-term fundamentals of the residential segment remain robust, supported by strong demand in key hubs like Mumbai and Bengaluru.
