India, November 13, 2026: India’s housing market stays resilient as festive demand varies across cities. The Hindu reported the development in a detailed account.

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Data Point Decoding the headlines with facts, figures, and numbers THEdge At the cutting edge of education and careers Health Matters Ramya Kannan writes to you on getting to good health, and staying there The Hindu On Books Books of the week, reviews, excerpts, new titles and features. Traditionally, the real estate sector is heavily dependent on festive sales, with about 30%-35% of annual sales taking place in the October-December quarter. Activity typically picks up during the festive months of October and November.

But this time, the market has entered the festive period against a more challenging macroeconomic backdrop. Geopolitical uncertainty and tighter liquidity can weigh on buyer sentiment, while the Reserve Bank of India’s 25-basis-point repo rate hike to 5.50% on October 7 signals a shift towards monetary tightening. Higher borrowing costs may influence affordability, particularly among interest-rate sensitive buyers.

Mumbai, India’s biggest real estate market in terms of volume and value, has shown resilience during the festive period. Sales rose from 23,185 units in Q1 to 25,449 units in Q3, bringing sales for the first nine months of 2026 to 72,804 units, up 1% year-on-year. This performance stands out against the eight major cities, where Q3 sales declined 1% year-on-year to 86,767 units, according to a study by Knight Frank India.

Demand is gradually shifting towards higher-ticket sizes, although homes priced below ₹1 crore in the suburbs continue to account for the largest share of sales, according to the report.

The report is filed here under Lifestyle. The Hindu is the account this copy follows, and the article above keeps the detail that report gave. Nothing beyond those reported details is added.