Real Estate News Roundup: 28 July 2026
Your quick, plain read on India's real estate today. Here are the stories shaping the market on 28 July 2026, from record developer sales to a red-hot office market and a housing market that is settling into a premium-led phase.
At a glance
- Prestige Estates crossed 30,000 crore in FY26 sales, up 76 percent.
- Office leasing hit a record 45.5 million square feet in H1 2026, led by global firms.
- Homes above 1 crore now make up about 54 percent of sales in top cities.
- Home loan rates stay easy with the RBI repo rate at 5.25 percent.
- Gurugram leads NCR launches; new road links push demand toward the Jewar airport belt.
National
The headline story is Prestige Estates crossing 30,000 crore in annual pre-sales for the first time, finishing FY26 at about 30,024 crore, up 76 percent. It caps a year where premium housing stayed strong even as overall sales barely grew. Read the full story on Prestige Estates record FY26 sales.
The office market set its own record. Companies leased about 45.5 million square feet in the first half of 2026, the highest ever for the period, with Global Capability Centres taking 43 percent of it. Details in our report on India's record office leasing.
On the housing side, the market is consolidating rather than booming. H1 2026 sales across the top eight cities rose about 1 percent to around 1.71 lakh units, while launches rose about 4 percent. The big shift is that homes above 1 crore now form about 54 percent of sales. See our analysis on premium homes leading India's market.
Delhi NCR
Gurugram remains the busiest launch market in the country, taking close to half of national developer launches, followed by Ghaziabad, Noida, and Greater Noida. The Haryana RERA in Gurugram cleared 51 projects worth around 34,000 crore in the first half of 2026, a sign of heavy supply coming to the market.
Road links keep reshaping where demand goes. Work on faster connections toward the Noida International Airport at Jewar continues to lift interest in the Yamuna Expressway belt and Greater Noida. If you are eyeing this corridor, our guide on Jewar airport and Yamuna Expressway property covers the ground.
Launches to watch
Large listed developers are lining up premium projects in NCR and Mumbai for the rest of the year. Prestige alone is sitting on a launch pipeline valued above 50,000 crore, part of it in the NCR region. Buyers should expect more premium towers with larger apartments, in line with the shift toward homes above 1 crore.
Top metros
Beyond NCR, the big cities are holding up on the strength of their job markets. Bengaluru and Hyderabad lead office demand, which keeps housing near their tech corridors busy. Pune continues to draw both homes and offices along the Hinjewadi and Mahalunge belt. Mumbai stays the premium capital, with redevelopment driving much of its new supply, while Chennai runs steady on end-user demand. Across these metros, the same pattern shows up: homes near strong job hubs see the steadiest demand and the best rent.
RERA and policy
The rate backdrop stays friendly. The RBI repo rate is at 5.25 percent, keeping home loan rates in the range of about 7.25 to 8.7 percent depending on the bank and your credit score. That keeps EMIs easier than they were two years ago. Our note on the RBI repo rate and home loans has the numbers, and the next RBI policy review is due in early August.
On the regulation side, RERA continues to drive discipline, with Gurugram among the better-performing authorities on complaint disposal. Always check a project's RERA status before you pay. Our guide on how to check RERA registration shows the steps.
What it means for you
The market is steady, not scary. If you are buying premium, prices are firm, so pick location and developer over waiting for a discount. If you are buying budget or mid, rising unsold stock gives you choice and some bargaining room. Home loan rates are still friendly, so plan your EMI with care and keep an emergency fund. Whatever your budget, verify RERA, title, and the builder's delivery record before you commit.
Common questions
Is now a good time to buy a home in India?
It can be, if you buy the right property. Home loan rates are lower than two years ago, and budget and mid segments offer choice. In premium homes, prices are firm, so focus on location and developer quality rather than timing the market.
Why are premium homes leading sales?
Buyers with strong incomes are trading up to bigger homes from trusted developers, helped by lower loan rates and stable jobs. Builders are launching more premium projects to match, so homes above 1 crore now make up about 54 percent of sales.
Which NCR areas are seeing the most activity?
Gurugram leads launches, followed by Ghaziabad, Noida, and Greater Noida. The belt toward the Jewar airport along the Yamuna Expressway is drawing rising interest as road links improve.
That is the wrap for 28 July 2026. For deeper reads, browse our blog, and explore live homes in our residential listings.
