Homes priced between Rs 80 lakh and Rs 2.5 crore made up 58% of new launches in India's top seven cities in the July-September quarter, according to Anarock Research.
The mid-premium bands dominated a quarter in which new supply rose 18% year-on-year to about 1.14 lakh units, against 96,690 units in Q3 2025.
Mid-Premium Bands Lead
The Rs 80 lakh-Rs 1.5 crore category had the largest share of new supply at 34%, followed by Rs 1.5-2.5 crore at 24%.
Also Read | Layoffs Are Rising In Tech, But These Skills Are Helping People Unlock Better Pay
The Rs 40-80 lakh band contributed 17%, while homes priced below Rs 40 lakh had the lowest share at 14%.
New launches also rose 8% from about 1.06 lakh units in Q2 2026.
City-wise Split
Mumbai Metropolitan Region launched the most homes, about 37,500 units, up 27% year-on-year, with over 30% priced above Rs 1.5 crore. Hyderabad added about 18,950 units, a 120% jump from 8,630 units a year earlier, and over 23% of these were priced above Rs 2.5 crore.
Pune added about 18,730 units, with over 51% in the Rs 80 lakh-Rs 1.5 crore band. Bengaluru launched about 17,720 units, up 17%, with roughly 17% above Rs 2.5 crore. In Chennai, over 48% of about 5,840 new units fell in the Rs 80 lakh-Rs 1.5 crore band.
ALSO READ: Mumbai-Pune Housing Market Takes Different Turns in Q3: 37,500 vs 18,730 New Homes
NCR bucked the trend, with new launches down 14% to about 10,900 units, though over 34% were priced above Rs 2.5 crore. Kolkata added about 4,680 units, with about 40% in the Rs 40-80 lakh band.
Sales And Inventory
Sales rose 3% to about 1,00,220 units, and sales value grew 2% to about Rs 1.55 lakh crore. MMR sold about 31,750 units and Bengaluru about 16,670, together accounting for 48% of the total.
Supply is outpacing demand, however. Unsold inventory rose 12% to about 6.31 lakh units, from about 5.62 lakh a year ago. Average prices rose 7% to Rs 9,714 per sq ft, with NCR up 12% and Bengaluru up 8%.
ALSO READ: Realty Stocks Rally Builds Up: What Lies Ahead As Housing Demand Stays Strong
Outlook
Anuj Puri, chairman of Anarock Group, said the festive season should lift demand, though buyers would stay selective given higher prices and affordability concerns.
"Well-priced, well-located projects that align with the current demand profile will outperform others this festive season," he said.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
