India's Housing Market Enters
a New Phase: Decoding H1 2026
After three years of value-led expansion, India's residential market has reached a
plateau, not a peak. Sales held at a record ₹3.63 lakh crore in H1 2026, but fewer homes
were sold, more were launched, and the map of demand has been redrawn.The India Housing
Report, September 2026, by National Association of REALTORS® (NAR) captures this shift
across India's Tier-1 cities. Here is what it means.