Indias Housing Market Is Selling More Homes, but Supply Is Running Faster Than Demand

Housing sales are rising, but developers are launching homes much faster. Is supply getting ahead of demand?

Anarock reports 1,00,220 housing sales across India’s top seven cities in Q3 2026, up 3% year-on-year.

But developers launched 1,14,320 homes, up 18%, while available inventory increased 12% to about 6.31 lakh units.

That works out to roughly 114 new launches for every 100 homes sold during the quarter.

The market is also uneven. Hyderabad, Bengaluru and MMR recorded higher sales, while Pune, NCR, Chennai and Kolkata declined.

Vantage has already been tracking related buyer and pricing shifts.

See Link -> Indian Homebuyers Show Stronger Preference for Ready Homes Over New Launches

Shows why construction stage and delivery visibility could matter more as buyers get more new-project choices.

See Link -> Homes priced at Rs 1.5 crore-Rs 3 crore emerge as key housing segment

Provides context for the continued shift towards higher-ticket housing, with ₹80 lakh to ₹2.5 crore homes accounting for a large share of Q3 launches.

For developers, brokers and buyers: are you seeing new launches absorb quickly, or is unsold inventory starting to build in your market?

Share the city, micro-market and price band if possible.