Q2 2026: 90,715 housing units sold across seven major cities (Mumbai Metropolitan Region, Delhi-NCR, Pune, Bengaluru, Hyderabad, Chennai, Kolkata), down 6% from 96,285 units in Q2 2025. Average residential prices up 7% year-on-year.

City-wise sales performance:

• Delhi-NCR: 13,365 units (−6% YoY)
• Mumbai Metropolitan Region: 28,710 units (−8% YoY), India's largest market
• Pune: 13,090 units (−15% YoY)
• Chennai: 5,135 units (−9% YoY)
• Bengaluru: 15,285 units (+1% YoY)
• Hyderabad: 11,270 units (+2% YoY)
• Kolkata: 3,860 units (+10% YoY), strongest performer

New launches: 1.06 lakh units across seven cities (+7% YoY vs 98,625 units in Q2 2025). MMR, Pune, Hyderabad, Bengaluru accounted for 81% of new supply.

New launches by city:

• MMR: 34,555 units (+23% YoY), 57% sub-₹1.5 crore
• Delhi-NCR: 11,205 units (−40% YoY), 61% luxury above ₹1.5 crore
• Bengaluru: 21,670 units (+41% YoY), 96% premium/luxury above ₹80 lakh
• Pune: 12,735 units (−10% YoY), 78% mid-income to premium
• Hyderabad: 16,970 units (+53% YoY), 82% premium/luxury
• Chennai: 5,315 units (−38% YoY), 78% mid-income to premium
• Kolkata: 3,550 units (+42% YoY), 58% premium/luxury

Analysts attributed moderation to Middle East war impacts and IT sector uncertainties. Strong demand noted in premium housing and infrastructure-driven corridors.

Kolkata Metropolitan Area (KMA) saw 4,796 apartment registrations in April 2026, down 6% year-on-year and 5% from March 2026, marking a mild slowdown but remaining the second-highest for the month in five years.

Registrations shifted strongly toward larger units:

• Apartments 501–1,000 sq ft: 59% of registrations (up from 43% year-on-year)
• Apartments below 500 sq ft: 30% of registrations (down from 53%)
• Apartments above 1,000 sq ft: registrations rose 179% year-on-year

Data from Knight Frank India, sourced from Directorate of Registrations and Stamps Revenue.

Kolkata Metropolitan Area (KMA) registered 62,328 residential property registrations in 2025, marking the strongest annual performance in the past six years and a 25% year-on-year increase, according to Knight Frank India. The rise reflected sustained end-user demand across both primary (fresh sale) and secondary (re-sale) apartment markets. Market activity remained resilient through the end of the year, with December 2025 recording 5,571 re-sales.

ANAROCK Research studied capital appreciation and rental value growth across 14 micro markets in Bengaluru, Hyderabad, Pune, NCR, Mumbai Metropolitan Region, Kolkata, and Chennai between end-2021 and mid-2025.

Bengaluru:

• Sarjapur Road: prices +79%, 2BHK rents +81% to ₹38,000/month; benefits from Red Line Namma Metro connection and Swift City tech hub proposal.
• Thanisandra Main Road: prices +81%, rents +65%; proximity to Manyata Tech Park and improved road connectivity.

Hyderabad:

• HITECH City: prices +70%, rents +58%.
• Gachibowli: prices +87%, rents +66%; benefits from multinational campuses and international schools.

Pune:

• Hinjewadi: prices +40%, rents +60%; home to city's largest IT park.
• Wagholi: prices +40%, rents +69%; lower entry cost attracts first-time investors.

NCR:

• Sohna Road, Gurugram: prices +74%, rents +50%; benefits from Delhi-Mumbai Expressway linkages.
• Sector-150, Noida: prices +139%, rents +71%; highest appreciation nationally, driven by new township projects and greenfield planning.

Mumbai Metropolitan Region:

• Chembur: prices +53%, rents +46%; transformed by Eastern Freeway and Metro extensions.
• Mulund: prices +50%, rents +32%; gateway between Mumbai and Thane.

Kolkata:

• EM Bypass: prices +25%; benefits from proximity to CBD and arterial roads.

West Bengal’s urban development department cleared the construction plan and ₹1,218 crore cost of the 5.9-km New Town–Metropolitan flyover and sent them to the finance department. Its project clearance committee will examine the plan; finance approval is required before the tender can be floated, and an official expects clearance soon. The June state budget allocated ₹900 crore. Kolkata Metropolitan Development Authority (KMDA) engaged railway subsidiary RITES to vet the project cost. The flyover will have up and down ramps in Sector V, and its New Town end will be near the Panache apartment complex. A section will pass above the protected East Kolkata Wetlands; KMDA designed it to prevent rainwater from flowing into the wetlands.