By continuing, you agree to LoansJagat's Credit Report Terms of Use, Terms and Conditions, Privacy Policy, and authorize contact via Call, SMS, Email, or WhatsApp
Disclaimer: The information published on LoansJagat is intended for general informational and educational purposes only and should not be considered financial, legal, or investment advice. Interest rates, loan terms, statistics, and other data may change over time and may vary by lender or source. Please verify the latest information and consult a qualified financial advisor or the respective Bank/NBFC before making any financial decisions.
Subscribe Now
About the author
LoansJagat Team
Contributor‘Simplify Finance for Everyone.’ This is the common goal of our team, as we try to explain any topic with relatable examples. From personal to business finance, managing EMIs to becoming debt-free, we do extensive research on each and every parameter, so you don’t have to. Scroll up and have a look at what 15+ years of experience in the BFSI sector looks like.
Related Blog Post
Simplify All Your Loans Into One Affordable EMI
Customers Served
Debt Consolidated
1200+ Reviews
Locations in India
Club all Loans & Credit Card Bills into Single EMI
Quick Apply Loan
Consolidate your debts into one easy EMI.
Takes less than 2 minutes. No paperwork.
10 Lakhs+
Trusted Customers
2000 Cr+
Loans Disbursed
4.7/5
Google Reviews
20+
Banks & NBFCs Offers
Other services mentioned in this article
Housing purchases slowed across India’s largest cities as geopolitical tension, rising property prices and uncertain technology-sector employment made families delay costly buying decisions.
Key Highlights
Sales of real estate in the seven largest cities of India reached 90,715 units in the time period of April to June 2026, down from 96,285 units in Q2 2025. The Economic Times reports that the data was provided by ANAROCK Research on June 29, 2026, and attributes the dropping sales to the conflict in the Western Asian region, disruptions in the supply chain, and the unstable IT sector.
Real estate sales also represent an 11% decrease in comparison to Q1 2026. This is likely the weakest quarter of sales since January to March of 2023. In the short term, higher inventory may aid buyers in negotiating. The Economic Times noted average residential sales prices increased annually by 7%, and new launches of affordable housing projects constitute 6% of all new launches. For first-time buyers, this likely constitutes an increase in the number of available projects with no price decrease.
ANAROCK’s numbers show an unusual split. Buyers stepped back, yet developers launched more homes than they did a year earlier.
According to Fortune India, new launches increased 7% from 98,625 in Q2 2025, although quarter-over-quarter they fell 16%. MMR and Bengaluru, together, contributed to more than 48% of sales.
The slowdown varied sharply by city. Pune saw the largest annual decline at 15%, while Kolkata recorded 10% growth.
Buyers may secure better payment schedules in slow-selling projects, but lower-income families face a supply problem. Business Standard reported that homes priced at ₹80 lakh to ₹1.5 crore formed 27% of launches. Units priced between ₹1.5 crore and ₹2.5 crore contributed 25%, while homes above ₹2.5 crore accounted for another 22%.
Speaking with The Economic Times, ANAROCK Chairman Anuj Puri stated that buyers had assumed a wait-and-see approach due to disruptions caused by war and disruptions due to Artificial Intelligence on employment in IT and ITeS. There was still demand for premium projects, GCC employment centres, and infrastructure corridors.
Developers may need fewer speculative launches, more ready homes and payment plans tied to construction. Buyers should compare completed inventory, total interest outgo and job stability before committing.
A LoansJagat report published on June 11, 2026 cited NHB data showing individual housing loans at ₹37.18 lakh crore by September 2025. With property prices still rising, the Q2 slowdown indicates that access to credit alone is not converting into purchases. EMI affordability and the initial down payment are becoming bigger filters for salaried buyers.
ANAROCK’s official Q1 2026 report recorded 1,01,650 sales, up 9% annually from 93,300 units. Sales, however, were 7% below the 1,09,000 units sold in Q4 2025.
Q2 2026 brought weaker sales but no broad property-price correction. Affordable supply, stable employment and manageable EMIs will decide the next recovery.
What are the reasons home sales declined in Q2 2026?
Many potential customers decided to delay purchases due to the combination of home prices, the current state of the global economy, and the uncertainty surrounding the IT sector.
As sales declined, did average home prices decrease?
No, on average, home prices in the 7 major cities increased annually by 7%.
Where did the largest drop in home sales occur?
In the April to June 2026, Pune had the largest annual drop by 15%.
How do people buy homes worth between ₹2 crore and ₹3 crore?
Buying homes in this price segment is possible mainly through big home loans, strong income, selling of other properties, and family wealth.
How can there be a housing deficit in India with so many vacant homes?
Yes, there is a housing deficit. There is a lack of affordable housing that is close to job centers, public transit, and basic amenities.
Down 11%
15,285
