Indias real estate momentum strengthens in Q2 despite slump in launches: Nuvama

Indias residential real estate market stayed resilient in Q2FY26, with top-listed developers recording strong pre-sales, solid collections and disciplined balance sheets, despite a steep 61% YoY drop in new launches. Nuvama Institutional Equities reports that pre-sales for the top 23 players surged 31% YoY to 4.05 lakh crore, driven largely by strong sustenance demand and marquee launches from major developers.Indias residential real estate market stayed resilient in Q2FY26, with top-listed developers recording strong pre-sales, solid collections and disciplined balance sheets, despite a steep 61% YoY drop in new launches. Nuvama Institutional Equities reports that pre-sales for the top 23 players surged 31% YoY to 4.05 lakh crore, driven largely by strong sustenance demand and marquee launches from major developers