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The Hindu·3 min read·medium

Bengaluru witnessed sale of 27,968 homes in H1 2026, a 5% year-on-year growth

T
The Hindu Bureau
Bengaluru witnessed sale of 27,968 homes in H1 2026, a 5% year-on-year growth
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Bengaluru's residential and office real estate markets showed resilience in the first half of 2026, with a 5% increase in home sales and record-breaking office leasing. Growth is largely driven by the city's expanding economic base and the strong presence of Global Capability Centers.

Why it matters

The data indicates that despite rising prices and affordability pressures, Bengaluru remains a primary hub for international corporate investment and economic activity in India.

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City’s residential market maintained healthy momentum with 27,968 housing units sold during the first half of calendar 2026, registering a 5% year-on-year increase, reported Knight Frank India, the Indian arm of UK-based property advisory firm.

During H1 period, new housing projects launches increased 4% to 34,749 units. Also, residential prices continued their upward trajectory, increasing 9% YoY to an average of ₹9,354 per sq ft, reflecting healthy absorption and a continued shift towards higher-value homes, the firm reported.

Although the market witnessed some moderation following the decadal high performance of 2025, demand remained resilient, supported by the city’s expanding employment base, continued infrastructure investments and sustained demand for premium housing, it noted.

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