India's housing market gains momentum as Q3 sales surge past 100,000 units

India's residential real estate market demonstrated robust growth in the July-September quarter, with sales volumes crossing the 100,000-unit mark across the nation's major urban centres. The uptick reflects renewed buyer confidence and sustained demand for housing across metropolitan areas, even as economic conditions remain measured.

Commercial property markets showed parallel strength, with office space leasing expanding to 18.7 million square feet during Q3 2026. The resilience in both segments underscores the ongoing appeal of India's property sector to investors and end-users amid broader economic activity.

The dual momentum in residential and commercial real estate comes after extended periods of volatility in the property markets. Industry observers attribute the rebound to improving sentiment, job creation in major business districts, and continued urbanisation trends driving demand for both residential and office spaces.

The performance of India's top seven cities—traditionally bellwethers for national property trends—suggests the recovery may extend to secondary and tertiary markets in coming quarters. Analysts will watch closely for sustained purchasing patterns and leasing activity to confirm whether the current momentum represents a structural shift or cyclical uptick in the market.