Real Estate News Roundup: 29 September 2026
The quarter-end reports have started to land, and 28 and 29 September brought three that matter. Anarock counted 1,00,220 homes sold in seven cities in July-September, up 3%, while launches jumped 18%. Colliers put office leasing at a third-quarter high of 18.7 million sq ft. And in the UAE, Aldar said two Abu Dhabi villa launches had sold more than AED 5 billion, with Indians among the leading buyers.
Add Godrej Properties' Rs 6,000 crore South Mumbai deal and a restart date for 16 stalled Supertech projects, and it was a busy two days. Here is what happened and what it means for you.
Key takeaways
- Anarock: housing sales in the top seven cities rose 3% year on year to 1,00,220 units in July-September 2026, and 10% on April-June. Launches rose 18% to 1,14,320, and unsold stock 12% to 6,30,590.
- Colliers: Grade A office leasing rose 9% to 18.7 million sq ft in the quarter. Delhi-NCR more than doubled to 3.3 million sq ft.
- Godrej Properties signed a development agreement for about 2.5 acres at Marine Lines, South Mumbai, for luxury homes worth about Rs 6,000 crore.
- The NBCC-led restart of 16 stalled Supertech projects, with about 14,000 flats still to be delivered, is set to begin on 16 January 2027, with tenders from 1 to 15 October.
- Aldar's Talay and Yas Riva Reserve launches passed AED 5 billion of sales; 69% went to expatriate residents and overseas buyers.
National
Anarock's quarterly count, released on 28 September, reads a little better than the one PropEquity published two days earlier. Anarock has sales in its seven cities up 3% to 1,00,220 units, worth about Rs 1.55 lakh crore (up 2%). PropEquity, counting nine markets with Mumbai split in three, had sales down 6% to 1,03,170. Different maps and methods explain most of the gap; both surveys agree that Hyderabad grew and that Pune, Chennai and Kolkata fell.
| City | Anarock: units sold, Jul-Sep 2026 | Anarock: change | PropEquity: change |
|---|---|---|---|
| MMR | 31,750 | +5% | Split into three markets |
| Bengaluru | 16,670 | +12% | +1% |
| Pune | 15,690 | -6% | -16% |
| Delhi-NCR | 13,765 | -1% | -12% |
| Hyderabad | 12,970 | +15% | +11% |
| Chennai | 5,395 | -10% | -17% |
| Kolkata | 3,980 | -4% | -17% |
| Total | 1,00,220 | +3% | -6% (nine markets) |
The more important number is supply. Developers launched about 1,14,320 homes, 18% more than a year earlier, so new stock outran sales by roughly 14,100 homes in one quarter. Unsold inventory rose to about 6,30,590 units, from 5,61,760 a year ago and 6,16,500 in June. The seven-city average price rose 7% on the year to Rs 9,714 per sq ft, but only 1% on the quarter. Our full write-up of the Anarock September-quarter data has the city tables and the arithmetic.
Offices had a stronger quarter. Colliers put gross Grade A leasing across seven cities at 18.7 million sq ft, up 9% on the year and 7% on the quarter, and 54.4 million sq ft for January-September, up 7%. Flex operators drove most of the growth: 12.6 million sq ft in nine months, up 37%, while conventional leasing was flat at 41.8 million. New supply of 19.2 million sq ft kept vacancy around 16%. Details in our office leasing report.
Delhi NCR
NCR is the market where the two housing surveys disagree most. Anarock has sales almost flat, down 1% to 13,765 units; PropEquity had them down 12% to 8,090. Anarock's figures show launches in NCR falling 14% to about 10,900 units while prices rose 12%, the steepest of any city. Fewer new projects, not a rush of buyers, are keeping NCR prices up. Our June-quarter report on NCR prices rising 13% showed the same pattern.
Offices were the bright spot. Colliers counted 3.3 million sq ft of NCR leasing in July-September, up 106% on a weak quarter a year earlier, putting the region back in second place behind Bengaluru.
For thousands of stranded buyers there was a date at last. A committee appointed by the Supreme Court told the NCLAT on 28 September that construction on 16 stalled Supertech projects, handled by the state-run NBCC, is scheduled to start on 16 January 2027. The work will be split into 27 or more tender packages, issued in phases between 1 and 15 October 2026. The projects, in Noida, Greater Noida, Gurugram, Meerut, Rudrapur and Bengaluru, cover about 50,000 flats, of which about 14,000 are still to be delivered. The NCLAT's May 2026 order had wanted work awarded by 31 July, so the schedule has already slipped once, and the tribunal has asked for a status report. If you are in a stalled project, our guide on what homebuyers can do in a builder insolvency sets out your options.
Other metros
Mumbai: Godrej Properties said in a filing on 28 September that it has signed a development agreement for a land parcel of about 2.5 acres at Marine Lines in South Mumbai, for a luxury housing project with an estimated revenue potential of about Rs 6,000 crore. No launch date or pricing was given. In Anarock's count, MMR sold 31,750 homes, up 5%, and launched about 37,500, the most of any region.
Bengaluru: the biggest office market and a growing housing market in this week's data. Housing sales rose 12% to 16,670 units and prices 8%, and the city leased 5.2 million sq ft of offices, up 11%, taking 29% of India's nine-month leasing.
Hyderabad: housing sales up 15% to 12,970, the best of the seven, and office leasing up 47% to 2.2 million sq ft. But it also launched 18,950 homes and completed 6.7 million sq ft of new offices, so supply is running fast in both segments.
Dubai and UAE
Aldar's AED 5 billion launch week: Abu Dhabi's largest listed developer said on 29 September that its Talay villas, the first homes at the AED 100 billion Marsa Al Saadiyat masterplan, and Yas Riva Reserve on Yas Island had together sold more than AED 5 billion (about Rs 13,050 crore at AED 1 = Rs 26.1). Talay has 351 villas and went on sale on 23 September; Yas Riva Reserve has 292. Expatriate residents and overseas buyers took 69%, UAE nationals 31%, and India was among the leading nationalities. Brokers list entry prices of about AED 7.9 million at Yas Riva Reserve and AED 13.5 million at Talay, with handover in 2030. Our Aldar launch report works through the payment plan and Abu Dhabi's 2% transfer fee.
Bubble warning, still echoing: UBS's Global Real Estate Bubble Index, published on 22 September, raised Dubai's score to 1.16 from 1.09, fourth of 23 cities and in the "elevated risk" band. UBS also noted that inflation-adjusted prices rose only 0.4% a year in the second quarter while real rents fell 4%, and that Dubai remains one of the more affordable cities it tracks, at about five years of income for a 60 sq m flat. It lines up with Dubai's August price reading, down 1.7% year on year; see our note on Dubai's first annual price fall.
The Land Department courts India: after last week's Dubai RE Connect event in Bengaluru, which followed editions in New Delhi and Mumbai, press releases on 29 September described meetings between the DLD's chief executive, Majid Al Marri, and Indian developers and channel partners in the city. The DLD plainly sees Indian buyers as a core market.
Still waiting: the DLD's zero-interest Rent Now, Pay Later service, which would let a tenant spread a year's rent over up to 12 monthly instalments through a partner bank, was expected in September. We found no confirmed launch, partner bank or eligibility rules by 29 September.
Launches to watch
- Godrej Properties, Marine Lines, South Mumbai: about 2.5 acres, revenue potential about Rs 6,000 crore. Watch for the RERA registration before any booking.
- Supertech restart packages: NBCC's tenders from 1 to 15 October are the first test of the 16 January 2027 start date.
- Talay and Yas Riva Reserve, Abu Dhabi: remaining inventory, if any; Aldar has not said how many of the 643 villas are sold.
RERA and policy
The next big date is 7 October, when the RBI's Monetary Policy Committee announces its decision after meeting from 5 October. The repo rate is 5.25%, where it was held in August, and industry commentary ahead of the meeting expects no change. If it holds, repo-linked home loans stay where they are; our home loan rates guide lists what lenders charge now.
We found no new national RERA rule, and no state RERA order of wide significance, confirmed in two sources on 28 or 29 September.
What it means for you
Buying a flat: supply is outrunning sales in most big cities, and quarterly price growth has slowed to about 1%. In MMR, Hyderabad and Pune especially, compare several projects and negotiate on payment terms as well as price. NCR is tighter: fewer launches mean new projects are firmly priced, so check resale too.
Stuck in a stalled project: if you bought in one of the 16 Supertech projects, register with your buyers' association and follow the October tenders. A dated schedule is progress, but not delivery.
Investing in offices: leasing is healthy but supply is keeping vacancy near 16%. Favour Grade A buildings with long leases; be careful with unlet space in Hyderabad.
Looking at the UAE: Abu Dhabi's top end is selling, Dubai's prices are flat to slightly lower, and UBS sees elevated bubble risk. Buy for use or rent, not a quick resale. Our Dubai vs India comparison puts the numbers side by side.
Frequently asked questions
What did Anarock report for the July-September 2026 quarter?
Anarock said 1,00,220 homes were sold across its seven cities, up 3% on the year and 10% on the June quarter, worth about Rs 1.55 lakh crore. Launches rose 18% to 1,14,320 units, unsold stock reached about 6,30,590, and the average price rose 7% to Rs 9,714 per sq ft.
When will work restart on the stalled Supertech projects?
A Supreme Court-appointed committee told the NCLAT on 28 September 2026 that construction on 16 NBCC-managed Supertech projects should begin on 16 January 2027, with tenders issued between 1 and 15 October. The projects hold about 50,000 flats, roughly 14,000 of them still undelivered.
What is Godrej Properties building at Marine Lines?
Godrej Properties has signed a development agreement for about 2.5 acres at Marine Lines in South Mumbai for a luxury housing project with an estimated revenue potential of about Rs 6,000 crore, according to its 28 September filing. It has not announced a launch date, unit mix or prices.
Is Dubai property in a bubble?
UBS rates Dubai at elevated risk, not high risk: its 2026 index score rose to 1.16, fourth of 23 cities, behind Zurich and Tokyo, the two it rates high risk. Real prices barely rose in the second quarter and real rents fell 4%, which points to a cooling market rather than a crash.
We publish this roundup every day. If one of these stories touches a deal you are working on, talk to the Realty Hunting team, and we will help you read the numbers for your project.
