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India GCC Office Rental Index Q1 CY'26: GCCs Reshape India's Office Market Global Capability Centres (GCCs) have become one of the most influential drivers of India’s commercial office market. Their long-term expansion strategies, preference for premium office assets, and growing footprint across major cities continue to influence rental trends beyond the broader occupier market. The IIMB–CRE Matrix GCC Commercial Property Rental Index (GCC CPRI) Q1 CY’26 provides India’s first dedicated rental benchmark tracking effective office rents paid by GCC occupiers across Grade A and A+ office assets. Built on the same methodology as the established Commercial Property Rental Index (CPRI), the GCC CPRI offers a transparent view of rental movements across ten major office markets and 46 micro-markets. Key Highlights from Q1 CY’26 The latest index reveals a structurally evolving office market, where GCC expansion is intensifying rental premiums in select cities while stabilising pricing in established markets. Hyderabad Emerges as India’s Strongest GCC Office Market Hyderabad retained its leadership position in India’s GCC office market in Q1 CY’26, recording the highest GCC Commercial Prop…

Navi Mumbai Property Demand Forecast 2026 The Navi Mumbai property market continues to show strength as we move into 2026. What was once seen as a quieter extension of Mumbai has now established itself as a thriving independent real estate destination, and demand is expected to rise further. Navi Mumbai is benefiting from a combination of major infrastructure projects, city planning, industrial expansion, and affordability compared to Mumbai. These factors make property demand indicators strong for the upcoming year. This 2026 forecast breaks down exactly what is expected to drive interest, which areas are likely to see the most activity, and what both buyers and investors should keep in mind before taking the next step. Economic and Employment Growth Will Drive Housing Demand One of the top reasons Navi Mumbai property demand is forecast to increase in 2026 is job expansion. As more office spaces, IT parks, logistics centres, and business hubs grow around nodes such as Airoli, Ghansoli, Turbhe, Taloja, and Panvel, professionals are looking for homes closer to work. Large companies shifting teams from Mumbai to Navi Mumbai continues to be an important trend. This steady rise in em…

Mumbai, Navi Mumbai rental markets diverge as demand-supply trends shift Mumbai's rental market sees demand dip but rents climb, driven by economic activity and a preference for smaller homes. Navi Mumbai, while experiencing a demand drop, offers an affordable alternative with a growing rental benchmark. Infrastructure projects are fueling residential growth across the region.

Housing sales dip 6% in Q1 2026 amid economic uncertainties: Anarock Housing sales across India's top seven cities saw a 6% dip in early 2026, with economic uncertainties and Middle East conflict impacting buyer sentiment. Despite this, developers launched more new homes, signaling long-term optimism. While Delhi-NCR, MMR, and Pune experienced declines, Bengaluru, Hyderabad, and Kolkata showed modest growth, with Delhi-NCR notably seeing the highest price appreciation.

Hyderabad is the third most expensive housing market in India Representational photo. Hyderabad: Hyderabad remains the third most expensive residential market among the country’s top eight cities, with households needing to spend 41 per cent of their income towards home loan EMIs, according to property consultant Knight Frank India’s Affordability Index for the first half of 2026. The index, which measures the proportion of household income that goes into servicing the equated monthly instalment (EMI) of a housing unit, showed that affordability in Hyderabad has stayed largely unchanged compared with the end of 2025, when the ratio also stood at 41 per cent. Six of the eight cities tracked by the index remained within the affordability threshold of 50 per cent, a level beyond which banks typically become reluctant to underwrite home loans. The Mumbai Metropolitan Region and the National Capital Region (NCR), however, continued to stay above this mark, at 69 per cent and 67 per cent, respectively. Ahmedabad most affordable, Mumbai least Ahmedabad retained its position as the most affordable housing market among the top eight cities at 23 per cent, followed by Kolkata at 25 per cent…

Hyderabad Leads GCC Office Rental Index at 212.1; Pune Close at 210.7 ... Up next Published on 29 June 2026 Tags Bengaluru office market , Commercial Real Estate Trends , CRE Matrix report , GCC Office Rental Index , Global Capability Centres , hyderabad real estate , IIMB CRE Matrix , Mumbai GCC , Navi Mumbai Office , Office Rents India 2026 , Pune commercial property , thane real estate The first edition of the IIMB-CRE Matrix GCC Commercial Property Rental Index (CPRI) for Q1 CY’26 reveals a nuanced shift in India’s Global Capability Centre office market. While GCC occupiers once commanded a clear rental premium, the broader commercial real estate market has now largely caught up, signalling a gradual broadening of demand drivers across Grade A and A+ office spaces. Pan-India, the GCC CPRI stood at 165.3 (base Q1 CY’14 = 100), slipping 0.5% quarter-on-quarter and 5.8% year-on-year, though it still posted a modest 0.9% three-year CAGR. In contrast, the all-occupier CPRI rose to 165.0, gaining 1.1% QoQ and 2.9% YoY with a stronger 4.8% three-year CAGR. The narrowing spread indicates that GCC-specific demand, while still robust in select hubs, is no longer the sole engine of renta…

India's housing market plateaus in 2025 at 348,000 units as premium ... ADVERTISEMENT India’s residential market, which peaked in 2024, appears to have plateaued in 2025, although volumes remained steady. Residential sales across India’s top eight markets stood at around 348,204 units, broadly in line with the previous year, registering a marginal decline of 1%, according to a latest report on H2 2025 performance of the real estate sector by consultancy major Knight Frank India. The flagship report, India Real Estate: Office and Residential Market – July to December 2025 (H2 2025), noted that overall sales for the year remained broadly steady even as new launches declined 3% to 362,184 units across the top markets. The demand, however, continued to outpace sales, reflecting developers’ confidence. Among key markets, Mumbai made up 29% of all sales with sales of 97,188 units in 2025, with 1% growth YoY. The National Capital Region (NCR) registered a decline in sales of 9% YoY, with sales of 52,373 units in 2025, while new launches also declined 16% YoY in the same period. Notably, sales in H2 2025 stood marginally higher by 0.4% year-over-year (YoY) at close to 178,000 units. D…

India Housing Market Outlook: Resilient Demand, Rising Capital ... Blog General Mumbai India Housing Market Outlook: Resilient Demand, Rising Capital Values and Structural Market Divergence Admin 2026-01-02 1402 0 Never miss any update Join our WhatsApp Channel India's housing market in 2025–26 is marked by a clear divergence between on-ground residential fundamentals and broader market sentiment. While new home sales volumes have moderated and listed real estate stocks have underperformed, the underlying housing market continues to display strong demand, sustained price appreciation, and improving structural quality. Residential demand remains resilient, driven primarily by end-users rather than speculative investors. Capital values have continued to rise across key markets, particularly in premium and upper-mid segments, supported by limited supply, infrastructure expansion, and policy stability. This comprehensive research report presents an assessment of the Indian housing market, combining national trends with city-level insights and forward-looking projections. 1. Residential Demand and Market Performance 1.1 Demand Trends Across India's top seven cities, new home sales decl…

India's housing market is entering a new phase - Hindustan Times For nearly four years after the pandemic, India's housing market surprised almost everyone. Low interest rates, rising household incomes, lifestyle changes and a renewed preference for home ownership combined to produce one of the strongest residential real estate cycles in recent history. Prices rose sharply, inventories declined and developers regained pricing power. That broad-based upcycle, however, is beginning to evolve into something more nuanced. The latest data suggest that the housing market remains fundamentally healthy, but the next phase of growth will be increasingly city-specific. Affordability, employment generation and local economic fundamentals, not just abundant liquidity, are likely to determine which markets continue to outperform. The divergence is already becoming visible. Bengaluru has emerged as the standout performer. Home prices rose 13.4% in FY26, while sales volumes expanded 12.7%, making it the only major metro where both prices and transactions recorded strong double-digit growth. The city's technology-driven economy, continued migration of skilled professionals and relatively disc…

Housing Sales Dip But Ticket Sizes Rise in 2025: ANAROCK Report Updated 28 December 2025 at 13:16 IST Hardening property prices, layoffs in the IT sector, geopolitical tensions and other uncertainties dented India's residential growth momentum in 2025. ANAROCK Research data indicated that housing sales in the top 7 cities witnessed a 14 per cent decline in 2025. Asian News International Republic Business 3 min read Follow : India I Real Estate market | Image: File Photo Hardening property prices, layoffs in the IT sector, geopolitical tensions and other uncertainties dented India's residential growth momentum in 2025. ANAROCK Research data indicated that housing sales in the top 7 cities witnessed a 14 per cent decline in 2025, with approximately 395,625 units sold in the year against 459,645 units in 2024. However, the overall sales value of housing units saw a 6 per cent yearly jump - from approximately Rs 5.68 lakh crore in 2024 to over Rs 6 lakh crore in 2025. Greater Mumbai witnessed the highest sales of approximately 1,27,875 units, registering an 18 per cent yearly decline. Pune followed with approximately 65,135 units sold, declining by 20 per cent year-on-year…

Hyderabad Becomes Second Least Affordable Housing Market in India ... No products in the cart. Knight Frank India’s 2024 Affordability Index determined that Hyderabad is now the second least affordable housing market in India, overtaking Bengaluru. An average household in Hyderabad pays 30% of its income toward home loan EMIs, which has been the case for the past three years. This puts Hyderabad beneath Mumbai, where the EMI-to-income ratio stands at 50%, thereby categorizing it as the least affordable housing market countrywide. An affordability index reports the proportion of income that a household devotes towards housing loan EMIs in major cities. Ahmedabad made it to the cheapest list with a 20% PMI, while Pune came next with 25%, Kolkata at 27%, Bengaluru with 27%, and Chennai with 25%. This figure for a housing loan in Bengaluru was slightly reduced, having made it down from 26% in 2023 to 27% in 2024. However, with a threshold of 50%, the city certainly remains within the affordable housing market, with an EMI-to-income ratio below this limit. According to the authors of the report, steady income growth and stable interest rates neutralized the overall price increase o…