India, March 30 -- Home sales across India's top nine cities dipped by 13% year-on-year to 98,761 units in the first quarter of 2026, slipping below the 1 lakh mark for the first time in 18 quarters from 1,13,602 units in Q1 of 2025, according to a report by PropEquity. Mumbai, Pune, and Thane reported the sharpest declines in housing sales at 20%, 25%, and 24%, respectively.

On the other hand, Bengaluru led home sales with 17991 units, followed by Pune with 16144 units and Thane with 15959 units.

"Housing sales continued to moderate in the first quarter of 2026, with Delhi-NCR and Bengaluru emerging as outliers. This reduction is due to low supply across most cities. Close to 22,000 fewer units were supplied in Q1 2026 as compared to t...