Unsold homes in India rise by 2.7% to 8,65,000: Report
India, Oct. 7 -- In a pan-India real estate slowdown, the unsold residential inventory in the country has increased by 2.7% to over 8,65,000 units at the end of the first half (H1) of the ongoing financial year. Approximately 30% of this unsold housing stock is located in the Mumbai Metropolitan Region (MMR).
According to data analysed and compiled by Liases Foras, the only non-brokerage real estate research company in India, housing sales in MMR were flat at 34,552 units, reflecting a decline of 0.1%. Developers significantly ramped up residential supply during Q2 of FY 2026-27, with launches rising by 18.7% to 30,262 units. During the quarter, the unsold stock edged up by 0.4% to 260,629 units, while residential real estate prices incr...
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