Sales Of Affordable Homes Down 23% In January-March In Top Eight Cities: Knight Frank

Overall housing sales across all price categories fell 4% annually to 84,827 units during January-March, weighed down by elevated prices, softer demand and uncertainties stemming from the West Asia conflict.

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Summary is AI-generated, newsroom-reviewed
  • Sales of affordable homes below Rs 50 lakh fell 23% in Jan-Mar across eight cities
  • All eight cities saw declines in affordable housing, the steepest drop in Q1 2026
  • Homes priced Rs 50 lakh to Rs 1 crore sales dropped 12% to 23,567 units in the quarter
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