For homebuyers, the worth of a property can decide not simply what’s inexpensive but in addition how shortly properties in that phase are promoting.The most recent housing market knowledge exhibits a transparent divide: unsold properties priced beneath Rs 1 crore are being absorbed, whereas stock is build up extra quickly in higher-priced segments.Unsold residential stock throughout eight main Indian markets rose 4 per cent year-on-year to five,25,695 models on the finish of the primary half of 2026, in accordance with a report by Knight Frank India.The rise extends a pattern of stock accumulation seen since 2020. Nonetheless, the motion shouldn’t be uniform throughout value classes.
Properties beneath Rs 1 crore see stock decline
Unsold stock within the sub-Rs 50 lakh class fell 7 per cent year-on-year to 1,71,363 models in H1 2026. Stock within the Rs 50 lakh-Rs 1 crore phase declined 3 per cent to 1,34,841 models.The report attributed the decline to restricted new provide and continued absorption in these value segments.The pattern reverses as property costs rise. Stock within the Rs 1-2 crore class elevated 12 per cent year-on-year, whereas the Rs 2-5 crore phase noticed a a lot sharper 43 per cent rise to 65,671 models.Unsold inventory within the Rs 5-10 crore class elevated 23 per cent, whereas the Rs 20-50 crore phase recorded a 52 per cent improve.This implies the general 4 per cent rise in unsold housing inventory masks important variations between value segments, with a better share of stock accumulating in premium and luxurious housing.
How lengthy might it take to promote the present inventory?
Knight Frank makes use of a measure referred to as Quarters to Promote (QTS) to estimate how lengthy the present stock might take to clear on the common gross sales tempo of the earlier eight quarters.The general QTS stood at 6.0 quarters in H1 2026, up from 5.8 quarters on the finish of 2025. The rise got here as stock rose whereas gross sales remained largely flat.On the metropolis stage, Ahmedabad recorded the best QTS at 8.1 quarters, adopted by the Nationwide Capital Area at 7.6 quarters. Pune had the bottom QTS at 4.0 quarters, whereas Chennai stood at 4.5 quarters.The next QTS signifies an extended estimated interval to clear the present inventory based mostly on the current gross sales tempo.The age of unsold stock, nonetheless, improved. It fell to 13.5 quarters in H1 2026 from 14.3 quarters a 12 months earlier, indicating that older housing inventory was regularly being absorbed. The report stated patrons have been more and more preferring properties nearer to completion.
Premium housing sees each greater stock and gross sales
The Rs 2-5 crore phase stands out as a result of its rising stock has been accompanied by greater gross sales.Though unsold stock on this class elevated 43 per cent year-on-year, gross sales rose 19 per cent in H1 2026. Its QTS stood at 4.4 quarters.On the ultra-luxury finish, nonetheless, the estimated time to promote current inventory was significantly greater. QTS stood at 14.2 quarters for properties priced between Rs 20 crore and Rs 50 crore, and 9.7 quarters for properties priced above Rs 50 crore.Knight Frank stated these figures should be interpreted fastidiously as a result of the mixed stock in these two segments is just round 2,081 models. With such a small stock base, the QTS figures may be extra delicate to particular person mission completions and transactions.The report stated the rising stock and its rising focus in premium segments warrant shut monitoring, whilst lower-priced housing continues to file stock declines.
