Residential Sales Top 1.71 Lakh Units in H1 2026
Residential sales across eight major Indian cities reached 1.71 lakh units in H1 2026, says Knight Frank India.
New Delhi, July 9 (IANS) India’s residential market saw its strongest first‑half sales performances during the first half this year, as residential sales across eight major cities stood at 171,471 units, a marginal 1 per cent increase from the same period in previous year, a report said on Thursday.
The report from Knight Frank India said the real estate activity settled into a phase of consolidation, while developers launched 1,87,350 units, up 4 per cent year‑on‑year. The near‑flat sales trajectory after four years of recovery indicated stabilisation rather than renewed growth, the report added.
Stable economic fundamentals, infrastructure-led urban development, steady employment conditions have kept end-user demand buoyant supporting residential activity across India's leading markets. Meanwhile, developers maintained a disciplined approach to new supply, enabling the market to remain fundamentally balanced despite evolving buyer preferences and a higher pricing environment.
