Housing Sales in India's Top 75 Cities Surge 16% to Rs 9.33 Lakh Crore in FY26: Liases Foras Report

India's Housing Market Sees 16% Sales Growth Despite Economic Concerns

India's housing market has shown resilience in the face of economic uncertainty, with sales rising 16 per cent to Rs 9.33 lakh crore across 75 major cities in the country during the last fiscal year, according to Liases Foras Real Estate Rating & Research Pvt Ltd.

The data, released on Monday, reveals that despite a marginal 1 per cent drop in the number of homes sold to customers, the value of housing sales increased significantly. The number of homes sold fell to 7,09,793 units during the 2025-26 fiscal from 7,19,029 units in the preceding year.

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In terms of new supply of residential properties, the numbers rose 10 per cent to 6,20,842 units last fiscal across these 75 cities. This surge in supply has resulted in a 13 per cent increase in unsold inventory, which now stands at around 12 lakh units.

The research firm notes that among the top eight metros, the Mumbai Metropolitan Region (MMR) accounted for 23.7 per cent of pan-India annual sales and recorded a 4 per cent year-on-year growth. Bengaluru ranked second, with a 9.9 per cent share of the pan-India market. However, Pune, which had the second-highest marketable supply, recorded a 25 per cent year-on-year decline in annual sales.

Additionally, Liases Foras reported that the housing price index rose 3 per cent annually during the 2025-26 financial year. There are nearly 18,000 real estate developers operating in these 75 cities.