Gurgaon, Noida housing demand drops 8-9% as NCR property market cools

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Housing demand in the National Capital Region showed a decline in the third quarter of 2026, particularly in Gurgaon and Noida. While demand grew across six major Indian metros, new launches in NCR experienced significant reductions. Bengaluru demonstrated strong demand growth and price appreciation, making it a standout market. Pune and Mumbai Metropolitan Region saw substantial increases in new supply ahead of the festive season.