As sales volumes continue to be sluggish, the double-digit growth in sales value has emerged as a bright spot in housing in FY 2026

 In the wake of global headwinds, geopolitical tensions, and high prices residential markets have been reeling under stagnating sales. However, the emerging stability in sales volumes bodes well for the housing sector, particularly as the overall value of primary housing market sales is set to record double-digit growth in the ongoing fiscal. 

Anarock research shows that the overall housing sales value in FY26 may well see over 19% Y-o-Y growth across the top 7 cities to exceed INR 6.65 lakh Cr. In FY 2025, the total sales value in these cities was about INR 5.59 lakh Cr, while sales volume stood at about 4,22,765 units. The research data indicates that more than 1.93 lakh units were sold in the top 7 cities in the H1 FY 2026 with the total sales value exceeding INR 2.98 lakh Cr. This is already 53% of the total sales value clocked in entire FY 2025, which was more than INR 5.59 Lakh Cr. 

Says Dr. Prashant Thakur, Executive Director & Head- Research & advisory, ANAROCK Group, ” After reaching a peak in overall absorption in FY2024, housing sales have tapered down amid various headwinds. However, the sales value of the total homes sold is growing. While sales volume plummeted by 14% y-o-y in FY 2025, the sales value jumped up 6% to INR 5,59,290 Cr – the highest since FY 2022. The current trends indicate potential double-digit sales value growth by the end of the ongoing fiscal, even as sales volume either stagnates or sees moderate growth not exceeding about 4%.” 

Thie ongoing momentum in sales value is largely driven by the high-ticket priced homes across cities as demand for luxury and ultra-luxury housing continues to outdo all other segments. Developers are backing this demand with increased new supply in these budget categories – 42% of the total new supply in H1 FY2026 was in the luxury and ultra-luxury categories combined. Average residential prices across cites have also skyrocketed over the years, making home buying more expensive.

Source: ANAROCK Research & Advisory

 City-wise Trends of Total Sales Value

During the first half of the current financial year, over 1.93 lakh homes were sold across the top 7 cities for a cumulative value of nearly INR 2,98,441 Cr. City-wise, NCR and Chennai outpaced other cities in H1 FY26 by already achieving 74% and 71% of the overall sales value of FY 2025 respectively. MMR achieved just 45% of the total sales value it recorded in previous fiscal.  

•  NCR saw nearly 29,175 units getting sold in H1 FY2026 worth INR 75,859 Cr. Back in FY 2025, a total of 58,775 units were sold, whose total sales value was approx. INR 1,02,810 Cr. – the highest since FY 2022.
• Chennai witnessed total sales of approx. 11,670 units in H1 FY26 worth approx. INR 12,370 Cr. In FY 2025, the total units sold stood at 17,765 units while total sales value recorded was approx. INR 17,387 Cr.
•  MMR, recorded sale of 61,540 units in H1 FY2026 worth over INR 1 Lakh Cr. Back in FY 2025, a total of 1.44 lakh units were sold, whose total sales value was approx. INR 2,23,220 Cr.
•  Bengaluru witnessed total sales of approx. 29,955 units in H1 FY26 worth approx. INR 43,627 Cr. In FY 2025, the total units sold stood at 62,440 units whose total sales value was approx. INR 79,819 Cr.
• Pune, registered the sale of approx. 32,030 units in H1 FY2026 worth INR 30,324 Cr. Back in FY 2025, a total of 74,200 units were sold, whose total sales value was approx. INR 66,058 Cr. – the highest since FY 2022.
• Hyderabad documented total sales of approx. 22,345 units in H1 FY26 worth approx. INR 30,646 Cr. In FY 2025, the total units sold stood at 48,980 units whose total sales value was approx. INR 59,243 Cr.
•  Kolkata, saw nearly. 7,655 units getting sold in H1 FY2026 worth INR 5,429 Cr. Back in FY 2025, a total of 16,580 units were sold, whose total sales value was approx. INR 10,753 Cr.