Real estate consultant JLL India has released new data indicating that apartment prices appreciated between 8% and 20% annually across the top eight cities in India during the first quarter of 2026. The report, published on Thursday, highlights a steady upward trend in the housing market.
Sales Growth in Q1 2026
According to JLL India, apartment sales rose by 8% year-on-year in the January-March period, reaching 70,631 units across seven major cities, compared to 65,222 units sold in the same quarter last year. This growth underscores sustained demand in the residential real estate sector.
Price Appreciation by City
The data reveals that price appreciation varied across cities, with some markets witnessing higher growth due to strong demand and limited supply. While the overall range was 8-20%, specific city-level details were not disclosed in the initial release. Industry experts attribute this trend to factors such as urbanization, improved infrastructure, and favorable government policies.
JLL India's findings are based on an analysis of primary sales data from developers and regulatory authorities. The report covers both luxury and affordable housing segments, indicating broad-based growth.
Market Outlook
Real estate analysts expect the positive momentum to continue in the coming quarters, driven by stable interest rates and increasing homeownership sentiment. However, they caution that rising construction costs could impact affordability in some segments.
The data was published on April 30, 2026, and has been widely discussed in business circles. For more updates on the real estate market, follow our coverage.
