India Real Estate Outlook 2026: Stability, Transparency and a Move Toward Quality-Led Growth

As 2025 comes to a close, India’s real estate market is positioned more strongly and maturely than in past cycles. The industry is witnessing a noticeable shift away from speculative buying toward demand driven by actual end-users and solid fundamentals, underpinned by stable policies, clearer regulations, and expanding infrastructure.

Premium and luxury property segments continue to experience robust, demand-led expansion, influenced by changing lifestyle preferences and a growing emphasis on sustainability and wellness in design. With borrowing costs remaining steady, improved connectivity through expanding expressway and metro networks, and rising buyer confidence, the real estate sector is well positioned for steady, quality-oriented growth through 2026 and beyond.

Ashish Bhutani, CEO, Bhutani Infra, says, “The Indian real estate industry, particularly the Delhi NCR, is functioning in a far more stable, transparent, and policy-driven environment in 2025 than has been experienced in previous cycles. The luxury sector is witnessing a healthy, demand-driven growth, thanks to changes in lifestyles, rising incomes, and a growing requirement for design, sustainability, wellness. There is a noticeable shift in the overall market sentiment from a speculation-driven to a fundamental buying, with an emphasis on those projects which are sound, policy-friendly, and usable in the long run. This is made easy by the stable regime on the Repo rate, which has influenced the overall predictability of the cost of borrowings, thereby making way for a tempered buying.”

“On a side note, the infrastructure developments in NCR, such as development of Expressways, Metros, Transport Corridors, and Urban Renewal Projects, has enhanced accessibility to NCR significantly. The regulatory changes, which are dominating the real estate sector, have led to a rise in overall transparency and accountability on the part of the real sector. The real estate sector is set to grow on the back of infrastructure development, tempered supply, and a growing need for quality, future-ready, real estate in the upcoming 2026 and onwards,” he adds.

Kunal Seth, Director of Shalimar Corp, says, “2025 has not just been a year of growth for Uttar Pradesh’s real estate sector, but a defining phase of transformation. Evolving customer preferences—towards superior design, quality, and smart living—have reshaped the market’s trajectory. At Shalimar, we are proud to be at the heart of this change and remain committed to elevating the future of urban living.”

Rajnikant Mishra, Founder and Chairman, Amrawati Group, says, “In 2025, Uttar Pradesh’s real estate market demonstrated remarkable positivity. The growing demand in the mid-segment and affordable housing categories has expanded the market significantly. At Amarawati, our focus remains on creating projects that make quality living more accessible for families.”