Bengaluru's homebuyers are spending more per home. The India Housing Report by CRE Matrix and NAR-India, released in September 2026 and reported by Business Standard, shows the city's primary housing sales value growing far faster than the number of homes sold, with the ₹2–5 crore band taking a much bigger share.
The numbers
- Bengaluru sales value: up 25% to about ₹60,875 crore in H1 2026, the fastest growth among the cities covered.
- Bengaluru sales volume: up 7% to about 34,600 homes.
- ₹2–5 crore homes: 41% of the city's sales value, up from 32% a year earlier.
- Homes below ₹1 crore: less than 10% of sales value.
- New launches: nearly 47,700 homes, up about 22%.
- Nationally: primary sales across tier-1 cities held at about ₹3.63 lakh crore, flat on H1 2025, with volumes down about 2% to 2.58 lakh homes.
Why the shift to premium
When value rises 25% but volume only 7%, the average home sold is larger, better located or more expensive per sq ft, and usually all three. Developers have followed demand: much of the new supply in Bengaluru's established corridors is now 3 and 4 BHK homes priced above ₹2 crore.
The buyers are largely end users upgrading: technology and finance professionals, founders and returning NRIs moving from a first apartment to a larger home in a better-run community. Our reading of the market, rather than a figure from the report.
What it means if you're buying
- More choice above ₹2 crore. Launches are concentrated here, so you can compare builders, layouts and payment plans rather than take what's left. Our picks: Best 3 BHK Apartments in Bangalore (2026), by Budget
- Less new supply below ₹1 crore. With under 10% of value in that band, affordable new homes are mostly on the city's edges; resale may offer more.
- Negotiate on the all-in price. With launches up 22%, developers compete for the same buyers; ask for the carpet-area price including every charge.
- Mind the loan. The RBI raised the repo rate to 5.50% on 7 October 2026; plan EMIs with room for a further rise: RBI Raises the Repo Rate to 5.50%: What It Means for Your Home Loan EMI (October 2026)
- Pick builders who deliver. In a launch-heavy market, the delivery record matters more: Bengaluru builders who deliver on time
