Developers bet big on luxury as housing market value expected to cross Rs 6.65 lakh crore in FY26: ANAROCK
India's housing market has discovered the ultimate loophole: if you can't sell more homes, just make them exponentially more expensive. While sales volumes have flatlined (or nosedived 14% depending on your mood), developers are laughing all the way to the bank with a projected 19% surge in total sales value to Rs 6.65 lakh crore in FY26—proving that in real estate, less is literally more when it comes to price tags.
The luxury and ultra-luxury segments are carrying the entire market on their designer shoulders, accounting for 42% of new supply launches in H1 FY26. With cumulative housing sales value already hitting Rs 2.98 lakh crore in the first half of the fiscal year—representing 53% of FY25's full-year total—India's real estate sector is undergoing a fundamental shift. Rather than expanding through volume, the market is consolidating around high-ticket properties, driven by strong demand for premium and ultra-luxury homes across the top seven Indian cities. This trend reflects broader wealth concentration patterns and changing consumer preferences toward quality over quantity in the residential real estate space.
