MMR leads India housing market with 28710 home sales in Q2 2026 despite slowdown
The Mumbai Metropolitan Region (MMR) secured its position as India's leading residential property market during the second quarter of 2026, recording the highest volume of home sales and the largest number of new project launches nationwide. According to a report by ANAROCK Research, approximately 28,710 homes were sold in the MMR between April and June 2026, making it the largest housing market in the country for the quarter.
Despite maintaining its top ranking, the region experienced a notable deceleration in market activity. The sales recorded during Q2 2026 represent an eight percent decline compared to the same period in the previous year. The downward trend was also evident on a quarter-on-quarter basis, with residential sales falling by 12 percent from the first quarter of 2026.
The decline in sales comes amid an overall slowdown in housing demand across the country. However, the Mumbai Metropolitan Region continued to attract significant developer interest, leading all Indian markets in new project launches during the three-month period.
The ANAROCK Research findings also pointed to a shift in pricing trends within the MMR. The pace of property price growth in the region has eased compared to the sharp increases recorded last year. According to the research, this moderation in price appreciation indicates that the local housing market is moving toward a more balanced state between buyers and sellers.
The combination of high launch volumes, slowing sales, and moderating price growth highlights a transition period for the Mumbai Metropolitan Region's real estate sector as it navigates changing demand dynamics in mid-2026.
