India's Q1 housing sales down 4%: What's the reason?
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The ongoing slowdown in information technology (IT) hiring and layoffs is beginning to affect India's housing market.
This trend is particularly evident in tech-driven cities like Bengaluru, Hyderabad, and Pune where software professionals form a large part of homebuyers.
According to Knight Frank India data, the housing sales across the top eight cities fell by 4% year-on-year (YoY) to 84,827 units in Q1 2026.
This trend is particularly evident in tech-driven cities like Bengaluru, Hyderabad, and Pune where software professionals form a large part of homebuyers.
According to Knight Frank India data, the housing sales across the top eight cities fell by 4% year-on-year (YoY) to 84,827 units in Q1 2026.
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