{
  "id": 3483262,
  "title": "India’s Housing Supply Increasingly Shifts Towards Premium Homes: Report",
  "url": "https://urgent.news/2026/08/26/indias-housing-supply-increasingly-shifts-towards-premium-homes-report",
  "topic": "world",
  "section": "World",
  "published": "2026-08-26T09:43:28.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/indias-housing-supply-increasingly-shifts-towards-premium-homes-report"
  },
  "original_language": "en",
  "account": "India's housing market is increasingly prioritizing premium homes over affordable options, according to a recent report. In the first quarter of 2022, 85% of new residential developments in the country's top seven cities were priced below Rs 1.5 crore. However, this proportion dropped to 55% by Q1 2026, signaling a significant shift in the type of homes being constructed.\n\nCareEdge Ratings attributes this change to developers' focus on mid-premium and luxury housing. This shift is driven by customer preferences and rising costs associated with land acquisition, construction, and compliance. The report highlights a significant increase in the share of homes priced between Rs 1.5 crore and Rs 4 crore, which rose from 14% to 34% in the same period, and further increased to 44%.\n\nThe report also notes that Indian residential developers are better positioned to handle geopolitical uncertainties. They have stronger balance sheets, healthy collections, are engaged in fundraising-led deleveraging, and demonstrate greater financial discipline. In FY26, the debt-to-collections ratio fell sharply from 1.80 times to 0.68 times, reflecting sustained deleveraging among key market players. Collections from significant launches reached over Rs 90,000 crore, while bookings surpassed Rs 1.5 lakh crore.\n\nDespite this shift, housing sales saw slight growth in July-September, with new supply rising by 3% across the top eight cities. However, sales declined in Pune (11%) and Delhi-NCR (11%), due to affordability pressures following sustained price appreciation, normalization after a strong multi-year upcycle, and cautious buyer sentiment amid geopolitical and financial-market uncertainty. On the other hand, Southern markets like Chennai, Bengaluru, and Hyderabad exhibited stronger performance, with sales increasing by 9%, 5%, and 1%, respectively.",
  "summary": "Mumbai: India’s housing supply has shifted sharply towards premium homes and away from affordable housing in recent years, according to a report released on Wednesday. The report said that in Q1 2022, 85% of newly launched homes across the top seven cities were priced below Rs 1.5 crore. However, this share subsequently declined to 55%, highlighting a significant change in the composition of new…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}