MMR Residential Market Records 72,804 Housing Sales During January To September 2026; Highest 9-Month Sales Volume Since 2018
Mumbai: Knight Frank India, the leading international property consultancy, in its latest assessment of the Indian residential market, reported that Mumbai's(Mumbai Metropolitan Region) residential market recorded 72,804 housing sales during January to September 2026 (9M CY2026) , up 1% year-on-year (YoY), the highest nine-month sales volume since 2018. Developers launched 72,673 units, up 13%…
In January through September 2026, Mumbai's residential market saw a record 72,804 housing sales, marking the highest nine-month volume since 2018. This equaled 28% of the total 258,238 homes sold across eight major Indian cities. Developers launched 72,673 units in the same period, a 13% increase compared to the previous year. While properties under INR 1 crore continued to be the most common, sales in this category softened as higher-priced homes surged.
Sales above INR 1 crore accounted for 40% of total sales in 9M CY2026. The city's market absorbed inventory faster, with quarters to sell (QTS) dropping to 6.4 quarters from 6.6 in the previous quarter. This suggests developers are matching supply with sales, despite inventory building gradually.
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