10 Real Estate Leaders Predict: What Will Happen to Property Prices in 2026?

NEW DELHI, June 9: After two years of double-digit price growth, India's residential real estate market is at a crossroads. Some experts predict moderation. Others see continued momentum. Here is what 10 real estate leaders and analysts have to say about property prices in 2026.

1. Shekhar G. Patel – President, CREDAI

Prediction: Prices to rise 5-10% in 2026

According to the CREDAI-CRE Matrix Developer Sentiment Survey, 68% of developers expect home prices to increase by over 5% in 2026. Of these, 46% expect 5-10% growth, while 18% see 10-15% appreciation .

Patel noted that growth is "increasingly anchored in genuine demand," with developers taking a calibrated approach to new supply and emphasizing cost efficiency through technology adoption .

2. Anupama Reddy – Vice President, ICRA

Prediction: 6-8% price growth in FY26; moderation to 4-7% in FY27

ICRA projects average selling prices to rise 6-8% in FY2026, driven largely by premium and luxury segment sales. However, Reddy expects moderation to 4-7% in FY2027 due to a high base .

"Area sold is expected to decline by 0-3% in FY2026," she said, citing affordability concerns and delayed approvals. "However, prolonged conflict in West Asia could create downside risks" .

3. Niranjan Hiranandani – MD, Hiranandani Group

Prediction: Premium segment strong; affordable housing has issues

Hiranandani remains unfazed by rating agency predictions of a slowdown. "There could be problems in some parts of the country, you cannot generalise," he said .

His assessment? "Only the affordable segment is having offtake issues." Premium and luxury demand remain robust .

4. Sandeep Chhillar – Founder & Chairman, Landmark Group

Prediction: Strategic pricing over aggressive hikes

"The market has absorbed a lot of price increase over the last 18-24 months. In 2026, buyers are more discerning. They are still willing to pay a premium – but only for the right location, connectivity, and product quality," Chhillar said .

He noted a clear shift "from aggressive pricing to strategic pricing" as developers recalibrate their approach .

5. Abhishek Kiran Gupta – CEO, CRE Matrix

Prediction: Steady demand, disciplined supply

Gupta said the survey findings point to "steady demand expectations, disciplined supply addition, and a sharper focus on long-term value creation" in the residential real estate sector .

His outlook suggests stability rather than volatility for 2026.

6. Amit Modi – Director, County Group

Prediction: Developers shifting focus to affordability

"Affordability has become a key conversation again," Modi said. Instead of chasing headline price hikes, developers are now focusing on "optimising unit sizes, introducing flexible payment plans, and phasing launches to align with demand absorption" .

The objective, he said, is "volume-led growth rather than aggressive appreciation" .

7. Sehaj Chawla – Managing Director, TREVOC Group

Prediction: Calibrated price appreciation; infra-driven demand

Chawla believes price appreciation in 2026 "will become more calibrated," with projects at well-connected locations attracting greater traction .

"The next phase of growth would be driven less by speculation and more by fundamentals. Markets with infrastructure, employment visibility, and quality supply will continue to perform," he added .

8. Sudarshan Banerjee – SVP Marketing, Ashwin Sheth Group

Prediction: Mid-segment to drive growth

Banerjee believes the mid-segment (homes priced between 80 lakh and 1.5 crore) has emerged as "the most structurally sound and demand-driven part of the housing market" .

As price growth in premium pockets moderates, "affordability dynamics are improving for mid-income buyers, encouraging a shift towards this category," he said .

9. Anuj Puri – Chairman, ANAROCK Property Consultants

Prediction: Single-digit price rise; geopolitical risks

Puri noted that the March quarter of FY2026 saw only moderate single-digit price rises across top cities, unlike earlier double-digit growth. "This trend will continue in FY2027," he said .

He warned that "the looming uncertainty due to the war and surging oil and construction prices have impacted housing sales, with buyers getting more cautious" .

10. Amit Kumar Sinha – MD & CEO, Mahindra Lifespace Developers

Prediction: Healthy pricing trend continues

Sinha is optimistic. "Pricing has been on a healthy trajectory across major cities, partly driven by a mix shift towards premium and luxury. We expect the trend to continue," he said .

However, he added a caution: "Geopolitical tensions could impact pricing temporarily" .

The Consensus: What It All Means

Theme	Expert View
Price Growth	5-10% expected by most developers
Luxury Segment	Still strong, but signs of saturation
Mid-Segment	Expected to emerge as new growth driver
Affordable Housing	Weakest segment, facing demand issues
Key Risks	West Asia conflict, rising input costs, affordability

The Bottom Line

The majority of real estate leaders expect moderate price growth of 5-8% in 2026 – slower than the 10-16% seen in previous years but still positive. The luxury segment will continue to lead, but the mid-segment is poised for a comeback as affordability becomes a key buyer concern.

Geopolitical tensions and rising construction costs remain wildcards. As one expert put it, the market is moving from "aggressive pricing to strategic pricing." For homebuyers, 2026 may offer more stable prices – but don't expect a crash.