Infrastructure
Jefferies: Sales Value Up 17-20%, Developers to Step Up H2 Launches
Jefferies says top-7-city housing sales value rose 17-20% in Q2 while area grew 6-8%. Developers should launch more from December.
Strong housing demand in the September quarter should push developers to accelerate project launches in the second half of FY27, according to a Jefferies report cited by ANI on November 2.
What are the key numbers?
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Sales value: residential sales across India's top seven cities grew about 17-20% year on year in July-September 2026
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Sales by area: up about 6-8%
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Price realisation: the blended average rose about 10%
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Apartments sold: largely flat over the past three months
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Launches: flat year on year by area, partly because the festive season began late in September
Why the gap between value and volume?
Jefferies says the difference shows that higher prices and better realisation per unit played an important role, not more homes sold.