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Must-read for homebuyers: Planning to buy a new house from a developer? Here's what you should consider | Mint
INCOME TAX
28 Sept 2026

Must-read for homebuyers: Planning to buy a new house from a developer? Here's what you should consider | Mint

Housing sales in Tier-1 cities fell 2% in January-June 2026 to 2.58 lakh homes, while developers launched 7% more units. Average ticket size rose just 2% to ₹1.41 crore. So you have more projects to compare, but prices haven't broadly fallen. Compare city, locality, project quality and builder track record before buying. More supply does not automatically mean lower prices.

Key Statutory Highlights

  • Primary housing sales across Tier-1 cities were worth ₹3.63 lakh crore in H1 2026, almost unchanged from ₹3.65 lakh crore in H1 2025.
  • Developers launched 2.98 lakh housing units in H1 2026, up 7% from H1 2025 and 18% from H2 2025.
  • MMR recorded the highest sales value and unit count at ₹93,757 crore and 83,613 units, while NCR's average ticket size was ₹2.77 crore.
Actionable Advice for Taxpayers / Founders:Before you book a home, compare prices, specifications, location and the developer's track record across the extra projects now available, since city and locality trends vary sharply and new supply alone may not bring prices down.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
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