MMR Housing Q2 2026: Mumbai Leads 65% Launches But Sales Dip 8%

MMR’s housing market showed mixed signals in Q2 2026 with launches jumping 23% to 34,555 units while sales fell 8% to 28,710 units. Mumbai dominated with 65% of new supply and over 70% of absorption as inventory climbed across the region.

India’s Housing Market Expands, But Execution Risks Begin to Surface

India’s housing market sees record launches in FY26, with rising supply and broader developer participation, even as execution risks begin to surface.

Rising Prices, Slowing Sales: India’s Housing Sector Enters a Phase of Strategic Pause

India’s residential market entered a phase of consolidation in Q2 2025, with new launches falling 16% year-on-year and sales volumes declining 20%. However, the average price grew 11% across the top 7 cities as demand remained strong in premium and luxury segments, signaling a shift toward more selective, sustainable growth.