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Business
Home Sales Slip 6% in India's Top Eight Cities in Q1, Buyers Grow Cautious
✍️ NDTV Profit
🗓 24 Aug 2026, 07:52 AM
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Data from NDTV Profit shows a 6% fall in residential sales during the first quarter across India's eight largest real‑estate markets as buyer sentiment turns cautious.
NDTV Profit’s latest market survey indicates that home sales across India’s eight biggest cities fell by 6% in the first quarter of the year. The decline was recorded uniformly across the metropolitan hubs, reflecting a broad-based slowdown rather than an isolated city‑specific dip.
Industry analysts attribute the dip to growing buyer caution amid lingering economic uncertainties and tighter credit conditions. Prospective homebuyers appear to be postponing purchases, waiting for clearer signals on price trends and interest rates.
The data release comes as developers prepare for the second half of the fiscal year, and market watchers say the next quarters will be critical in gauging whether the slowdown is temporary or signals a longer‑term adjustment in demand.
Industry analysts attribute the dip to growing buyer caution amid lingering economic uncertainties and tighter credit conditions. Prospective homebuyers appear to be postponing purchases, waiting for clearer signals on price trends and interest rates.
The data release comes as developers prepare for the second half of the fiscal year, and market watchers say the next quarters will be critical in gauging whether the slowdown is temporary or signals a longer‑term adjustment in demand.