India, June 3 -- India's residential real estate market, long buoyed by strong demand and rising property prices, is beginning to show signs of structural stress.

Fresh research by non-broking real estate analytics firm Liases Foras points to a widening gap between supply and actual construction activity, raising concerns that the sector may be heading toward a period of churn driven by execution delays, rising costs and inventory build-up.

Data accessed by Hindustan Times shows that only 55% of India's marketable housing supply was under construction as of March 2026, a sharp decline from 75% in March 2017. Marketable supply refers to the total quantity of homes put up for sale by developers in a market. In March 2017, the country's ei...