Home Sales May Hit ₹6.65 Lakh Crore in FY26 — But Volumes Could Flatline

India’s housing market is entering a new phase of “value growth without volume,” with ANAROCK projecting over ₹6.65 lakh crore in home sales value in FY26 — up nearly 20% year-on-year. But unit sales are expected to stagnate as luxury homes dominate new supply and affordability weakens in key cities.

Property Prices Surge Across India’s Prime Residential Markets in 2024 Amid Rising Costs

Property prices in India’s prime residential markets saw a significant rise in 2024, with Delhi NCR experiencing a 49% YoY surge. The increase is driven by demand for luxury homes, escalating costs of building materials, and labor. Other cities like Mumbai, Bengaluru, and Pune also reported double-digit price growth. Despite a slowdown in Hyderabad, the overall trend highlights a growing demand for high-end properties, especially in key markets like Delhi NCR. However, the surge raises concerns about affordability, prompting calls for policy adjustments to ensure broader access to housing.