Bengaluru Housing Sales Up 25% in H1 2026, Fastest Among Big Cities

Bengaluru's new-home market grew faster than any other large Indian city in the first half of 2026, even as sales across the country stalled. Primary housing sales in the city were worth ₹60,875 crore between January and June, up 25% from the same period last year, according to the September 2026 India Housing Report by CRE Matrix and the National Association of Realtors–India.

The numbers come with a catch that matters to anyone shopping for a home in the city: much of the growth came from higher prices and bigger tickets, not from a proportionate rise in the number of buyers.

What the report found for Bengaluru

The report tracks primary sales, meaning new homes bought from developers rather than resale properties. For Bengaluru, it recorded the following for H1 2026:

Sales value rose 25% year-on-year to ₹60,875 crore, the strongest growth among the large markets covered. Volumes rose 7% to about 34,600 units. The average ticket size climbed 17% to ₹1.76 crore. Developers launched nearly 47,700 new units, up around 22%. Bengaluru now accounts for roughly 17% of national housing sales value.

Put simply, the 25% jump in value is the combined effect of 7% more homes sold and a 17% rise in what the average buyer paid.

Where the money is going: ₹2–5 crore homes

The report shows the city's sales mix moving up the price ladder. Homes priced between ₹2 crore and ₹5 crore made up 41% of Bengaluru's housing sales value in H1 2026, compared with 32% a year earlier. At the same time, homes priced below ₹1 crore now form only a single-digit share of the city's primary sales.

For a household budgeting under ₹1 crore, this suggests that new-launch options are a much smaller part of the market than they were a year ago. The report does not say whether that reflects fewer such launches, buyers moving up to larger homes, or price increases pushing projects into higher brackets, so it is worth checking specific projects and localities rather than relying on the city-level trend.

A city bucking the national trend

Bengaluru's numbers stand out against a flat national picture. Across India's Tier-1 cities, primary housing sales held at about ₹3.63 lakh crore in H1 2026, virtually unchanged from last year's record. The number of homes sold fell around 2% to 2.58 lakh units, while launches rose about 7% to nearly 2.98 lakh units. In the report's assessment, new supply is currently running ahead of buyer demand nationally.

Other big markets moved differently. The Mumbai Metropolitan Region overtook the National Capital Region to become the largest market, with about 26% of national sales value, driven largely by more homes being sold. NCR's sales value fell about 24% to ₹68,217 crore. Hyderabad's value was broadly flat at ₹56,966 crore while its volumes dropped 11%. Chennai's value rose 16%, but the number of homes sold fell 12%.

What this means for Bengaluru buyers and renters

For buyers, two things stand out. First, developers are still betting on the city: with nearly 47,700 launches in six months, there is no shortage of new projects to compare. Second, the rising average ticket size means budgets stretch less far than before, particularly for first-time buyers looking at new launches rather than resale.

Anyone weighing a purchase should treat these figures as a snapshot of new-home sales in a six-month window, not a forecast for prices. The report is prepared by a real estate analytics firm and an industry association, and it does not cover resale transactions, which make up a large part of the city's housing activity.

Those not ready to buy have other routes. Bengaluru Connect's Real Estate section carries property listings, and the RentMate tool helps groups of two to six people shortlist and decide on rental flats and PGs together. Readers looking for local property professionals can browse the Real Estate business directory, and more city updates are on Bengaluru Connect News.

Sources

Sources: Business Standard, 28 September 2026; CRE Matrix; Outlook Business, 26 September 2026.