India Housing Sales Climb In Q2 With Bengaluru Hyderabad Driving Growth

India’s residential property market gathered fresh momentum during the April–June quarter of 2026, with housing sales across the country’s nine largest cities rising 19 per cent year-on-year, signalling continued buyer confidence despite global economic uncertainty. The sustained growth, supported by a sharp increase in new project launches, underscores the resilience of the India housing sales market while highlighting the growing influence of southern urban centres in shaping the country’s next phase of urban expansion.

Industry data indicates that more than 1.12 lakh homes were sold across the top nine cities during the quarter, while fresh residential supply expanded by around 43 per cent to nearly 1.18 lakh units. The parallel rise in sales and launches suggests that developers are responding to sustained end-user demand rather than relying solely on speculative investment, reflecting improved market confidence after several years of measured supply additions.

Among major metropolitan regions, Bengaluru emerged as the strongest-performing residential market, recording the highest sales volume alongside substantial new project launches. Hyderabad also posted robust growth, consolidating its position as one of India’s fastest-expanding housing markets, while Chennai continued to witness healthy demand driven by employment growth and infrastructure-led urbanisation. Western cities including Mumbai, Navi Mumbai, Pune and Thane also registered positive momentum, although growth patterns varied across locations. In contrast, Delhi-NCR and Kolkata experienced softer demand during the quarter, reflecting differing regional market dynamics. Urban economists believe the strength of India housing sales is increasingly linked to employment generation in technology, manufacturing, financial services and Global Capability Centres concentrated in southern and western cities. Improved metro connectivity, expanding transport infrastructure and mixed-use urban developments are encouraging households to invest closer to emerging economic corridors, while developers are aligning future projects with evolving lifestyle and mobility requirements.

The increase in housing supply also signals renewed confidence among developers after several quarters of cautious project launches. However, urban planners caution that expanding residential construction should be accompanied by proportional investments in water security, public transport, waste management, green spaces and climate-resilient infrastructure. Without these parallel upgrades, rapid housing growth could intensify pressure on civic services in already fast-growing metropolitan regions. Housing affordability also remains an important consideration. Although premium and mid-income housing continue to dominate new launches, experts suggest that balanced urban growth will require greater attention to affordable homes located near employment centres. Such planning can reduce commuting distances, lower transport-related emissions and improve access to essential urban services, supporting more inclusive city development. Looking ahead, analysts expect the residential sector to remain stable through the second half of the year, supported by healthy buyer sentiment, expanding infrastructure investment and India’s broader economic outlook. The longer-term success of India housing sales, however, will depend not only on transaction volumes but also on whether urban expansion delivers sustainable, well-connected and people-centric neighbourhoods capable of supporting future population growth.

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India Housing Sales Climb In Q2 With Bengaluru Hyderabad Driving Growth