The Indian housing market is projected to experience moderate growth in both sales and new supply during the 2025-26 fiscal year, according to a recent report by the rating agency ICRA. While housing sales are expected to increase by a modest 1-4 percent, new supply is likely to grow at a faster pace of 6-9 percent, especially across the seven major cities. ICRA also predicts a 3-5 percent rise in average selling prices for residential properties, supported by the increasing dominance of the luxury housing segment and developers' pricing flexibility.