MMR, Bengaluru, Hyderabad drive Q3 home sales
Housing sales in India's major cities rose 3% year-over-year to over 1 lakh units in Q3 2026, driven by strong demand in Mumbai Metropolitan Region, Bengaluru, and Hyderabad, according to real estate data firm Anarock. In value terms, sales grew by 2% to Rs 1.55 lakh crore, up from Rs 1.52 lakh crore in the same period last year.
In July-September 2026, sales increased in MMR and Bengaluru by 5% and 12%, respectively, reaching 31,750 units and 16,670 units. Hyderabad's sales grew by 15% to 12,970 units. However, sales declined in Pune (6%), Delhi-NCR (1%), Chennai (10%), and Kolkata (4%).
The average residential property price across the top seven cities rose by 7% annually. Anarock Chairman Anuj Puri noted that MMR and Bengaluru accounted for 48% of total sales in Q3 2026. The upcoming festive season is expected to further boost residential demand, according to Puri.
Bengaluru's housing sector is moving towards a more mature and demand-driven phase, with buyers prioritizing quality, location, amenities, and developer credibility, said Sanjeevini Group Chairman Umesh Gowda H A. Ramji Subramaniam of Sowparnika Projects noted high end-user demand in Bengaluru, supporting sales growth. Sterling Developers' Anjana Sastri highlighted the growing interest of high-net-worth individuals and successful entrepreneurs in Bengaluru for premium residential properties.
Written by urgent.news from The Economic Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
