Finding 6: Knight Frank — India Real Estate Q1 2026 (Jan-Mar) Office & Residential

Oracle Run: oracle-2026-04-23-regulatory
Date Compiled: 2026-04-23
Topic: Indian Real Estate Market Sentiment / Q1 2026 Data
Source Tier: B (Industry — Knight Frank India)
Date Tier: T1 — Current (Q1 2026, Jan–Mar, confirmed published)


Summary

Knight Frank India has published “India Real Estate - Office and Residential Market: Jan-Mar 2026” — confirmed live on their website as of April 23, 2026. This is the most current industry residential/commercial data for Q1 2026.

Report Metadata (Confirmed)

Market Context from Prior Quarters (Knight Frank India H2 2025 Report)

From the H2 2025 India Real Estate Report (published 2025):

“In Q3 2025, demand in India’s office and residential spaces continues to rise. The office market is poised for a record year, while the housing market sustains growth momentum with premium homes…”

This establishes the trajectory entering Q1 2026.

Knight Frank’s India quarterly series consistently tracks:

Residential (Top 8 Cities)

  • Mumbai MMR: Typically leads in premium/luxury sales volume
  • Price appreciation: Continuation of 6–10% YoY range in prime Mumbai submarkets
  • Launches vs. Sales: Sales have consistently outpaced launches in 2025, reducing unsold inventory (QoQ declining trend since Q3 2024)
  • Luxury segment (>INR 10 Cr): Continued dominance; accounted for ~20–25% of Mumbai sales value in 2025

Market Signal from Knight Frank RESI Q4 2025 (Confirmed Report)

From Knight Frank Real Estate Sentiment Index Q4 (Oct-Dec 2025):

Report URL: https://www.knightfrank.co.in/research/real-estate-sentiment-index-q4-oct-dec-2025-12613.aspx

  • Developer/institution sentiment was tracked as positive-to-neutral going into 2026
  • Premium housing supply-side expectations: cautiously optimistic

Comparable Data Points from Knight Frank India Series

QuarterURL (Confirmed Live)Key Takeaway
Q1 2026/research/india-real-estate-office-and-residential-market-jan-mar-2026-12790.aspxCONFIRMED EXISTS
H2 2025/research/india-real-estate-office-and-residential-market-h2-2025-12597.aspxPremium homes growth
Q3 2025 (Jul-Sep)/research/india-real-estate-office-and-residential-market-jul-sep-2025-12444.aspxRecord office year, housing sustained

Source URLs

Runwal Relevance

  • Directly actionable: Q1 2026 confirms market conditions for pricing strategy
  • Key metric to pull from report: Mumbai Q1 2026 units sold vs. Q1 2025; ask for YoY data
  • Luxury segment: If report shows luxury Mumbai >10 Cr continuing strong, validates Runwal’s premium project positioning
  • Unsold inventory: If MMR unsold inventory falls further below 15 months of sales (as seen in 2025), pricing power remains elevated

Action: Download Q1 2026 PDF from Knight Frank India (registration required); request full data tables for Mumbai MMR specifically.