India’s real estate sector is expected to reach unprecedented sales amounting to Rs. 6,65,000 crore (US$ 74.98 billion) in FY26, representing a 19% increase from the prior year, although the quantity of units sold stays mostly unchanged, as reported by Anarock. Data indicates that more than 1.93 lakh units were sold across the leading seven cities in H1 FY26, resulting in Rs. 2,98,000 crore (US$ 33.6 billion) in worth, already 53% of the total for FY25, which was Rs. 5,59,000 crore (US$ 63 billion). This would result in FY26 being the highest year ever for residential sales, almost twice the Rs. 3,53,000 crore (US$ 39.8 billion) reached in FY23, when the sector was at its highest. Although global challenges and high prices are impacting volumes, sales value is projected to experience double-digit growth, mainly fueled by the luxury and ultra-luxury housing sectors.
As per Mr. Prashant Thakur, Executive Director & Head of Research & Advisory at Anarock, sales volumes are becoming stable while the overall sales value rises, indicating a trend toward more expensive homes. Almost 42% of the total new supply in H1 FY26 belonged to luxury and ultra-luxury segments, highlighting the increasing demand for premium options. In H1 FY26, 4.23 lakh residences valued at Rs. Across major cities, 2,98,000 crore (US$ 33.6 billion) were sold, with Delhi NCR and Chennai leading the pack, reaching 74% and 71% of their FY25 targets, respectively. The Mumbai Metropolitan Region (MMR) recorded 45%. NCR topped in value with Rs. Sales totaling 75,859 crore (US$ 8.55 billion) from 29,175 units indicate strong demand for upscale housing in major urban areas.
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