In the January-March quarter of 2026, apartment prices across India's top seven cities, including Delhi-NCR, Mumbai, and Bengaluru, increased by 8% to 20% due to rising construction and land costs, as reported by real estate consultant JLL India. Housing sales rose 8% year-on-year, totaling 70,631 units, while new supply grew 13% to 90,023 units, indicating a significant gap between supply and demand. The demand for premium homes surged, with sales of apartments priced above ₹1 crore increasing by 30% to 50,362 units, while lower-priced homes saw a decline. The data suggests a shift in buyer preference towards higher-value properties, driven by limited affordable housing and developers focusing on projects with better margins. JLL predicts that property prices will continue to rise, although the pace may slow if demand stabilizes, reflecting cautious buyer sentiment amid economic uncertainties.