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Housing sales across eight major Indian cities declined 6% year-on-year to 91,729 units in the April-June quarter of 2026, according to PropTiger’s latest Real Insight report. Sales fell in six markets, including Mumbai Metropolitan Region, Delhi-NCR, Bengaluru, Pune, Kolkata and Ahmedabad, while Chennai and Hyderabad recorded growth. PropTiger attributed the decline to cautious buyer sentiment amid global uncertainties, including the West Asia conflict and concerns over the potential impact of artificial intelligence on jobs. At the same time, new housing supply increased 6% to 89,161 units during the quarter.
Housing sales across eight major cities declined 6% to 91,729 units in the April-June quarter of 2026 from 97,674 units in the corresponding period last year, according to a report by PropTiger.
The housing brokerage arm of listed realty firm Aurum PropTech released its latest Real Insight report covering the residential markets of eight major cities. According to the report, housing sales declined in six cities, while Chennai and Hyderabad recorded growth.
PropTiger attributed the overall decline to cautious sentiment among prospective homebuyers amid global uncertainties, including the West Asia conflict and concerns over the possible impact of artificial intelligence on employment.
In the Mumbai Metropolitan Region (MMR), housing sales fell 7% to 24,112 units from 25,939 units in the year-ago quarter. Delhi-NCR recorded a 7% decline, with sales falling to 9,352 units from 10,051 units.
Pune reported the sharpest decline among the major markets where sales fell, dropping 21% to 12,642 units from 15,962 units. Bengaluru recorded a 9% decline to 14,186 units from 15,628 units.
Housing sales in Ahmedabad declined 20% to 7,541 units from 9,451 units, while Kolkata saw sales fall 9% to 3,517 units from 3,847 units.
Chennai and Hyderabad were the only two markets among the eight cities to record growth. Chennai reported a 36% increase in sales to 7,183 units from 5,283 units, while Hyderabad recorded a 15% rise to 13,196 units from 11,513 units.
PropTiger.com CEO Prakash Tejwani said the second-quarter data indicated that the residential market was maturing rather than weakening. He noted that prices had remained above INR 10,000 per square foot for two consecutive quarters even as buyers became more selective. He also said disciplined supply could support developers during the festive quarter, while affordability would remain an important factor for the market.
New housing supply increased 6% during the quarter to 89,161 units from 84,138 units in the same period last year, indicating that developers continued to add inventory despite the moderation in sales.
Source PTI
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