India's housing market saw a fall in the first quarter of 2026 as sales fell below 1 lakh units to 98,761 for the first time in four-and-a-half years, a report by PropEquity said. Out of nine cities, only Bengaluru and Delhi-NCR reported a 3% and 13% year-on-year rise in sales, respectively. Only Delhi-NCR reported a year-on-year rise in supply launches.