Knight Frank: NCR home sales dip 7% in H1 2026 as budget inventory dries up
By Naveen Kumar, Director at Triverse Homes
Knight Frank India's half-yearly report shows NCR home sales fell 7% year-on-year to 24,862 units in January to June 2026, making it the one clear underperformer among major cities.
The reason is largely about price points. Homes under Rs 1 crore in premium pockets of Gurugram, Noida and Delhi have been absorbed with little replacement supply, and more of what is on offer now sits above Rs 2 crore. Meanwhile, Gurugram's average price reached Rs 18,354 per sq ft, up 6% from a year earlier.
If you are shopping in Gurugram, expect most new options to be premium. Buyers with a tighter budget may find better value in resale homes or upcoming corridors, while those in the upper bracket have a wider choice of fresh launches.
Source: Business Today ↗
Naveen Kumar
Naveen Kumar is a Director at Triverse Homes with more than 16 years in real estate. He has an in-depth understanding of the market, from how projects are priced and launched to what drives their value on resale.
He is especially strong on HUDA (now HSVP) regulations and RERA: licences, approvals, allotment and transfer rules, and the rights buyers have when timelines slip. In his updates he explains what each change in the market or the law means in practice for anyone buying, selling or investing in Gurgaon.
