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Announced Fri, 10 Jul · 18:23 IST
Retail space rent in Delhi's Khan market rises 9pc annually in Apr-Jun: C&W
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AI summary
Knight Frank's H1 2026 report shows India's residential market across eight major cities recorded 171,471 unit sales with 187,350 new launches, indicating launches are outpacing absorption. Homes priced above Rs 1 crore accounted for 54% of total sales, up from 49% a year earlier, reflecting a continued shift towards premium and luxury housing. The consultancy expects the market to remain stable through H2 2026 on urbanisation and lower home loan rates, but flagged plateauing sales, rising unsold inventory, and the risk of developers offering more incentives if the supply-demand gap widens.