NEW DELHI: Bengaluru recorded housing sales of 27,968 units in the first half of 2026, reflecting a five percent increase compared to the previous year, according to a Knight Frank India report.
New launches totaled 34,749 units during this period, marking a four percent year-on-year rise. However, there was a sequential decline in launches by 1.4%, and sales also fell by three percent.
According to Knight Frank, the slowdown in residential launches and sales can be attributed to rising property prices, affordability issues in key micro-markets, and a more cautious stance from both developers and homebuyers.
The average residential price in Bengaluru increased by nine percent year-on-year to ₹9,354 per square foot in H1 2026, up from ₹8,906 per square foot in 2025.
The report highlighted that price growth was bolstered by healthy absorption rates, limited land availability in established areas, rising input costs, and demand for well-located projects with improved amenities.
Bengaluru South continued to be the largest residential micro-market, accounting for 36 percent of total launches and 34 percent of sales in H1 2026.
East Bengaluru contributed 31 percent of launches and 29 percent of sales, while North Bengaluru represented 29 percent of launches and 31 percent of sales.
Knight Frank noted that North Bengaluru was the fastest-growing residential corridor in the city, with launches and sales increasing by 10 percent and 11 percent year-on-year, respectively.
Homes priced between ₹1 crore and ₹2 crore constituted the largest portion of sales at 46 percent for H1 2026. The ₹2 crore-₹5 crore category accounted for 29 percent of sales, while the ₹50 lakh-₹1 crore segment contributed 19 percent.
In terms of launches, the ₹1 crore-₹2 crore segment made up 48 percent of total supply, with the ₹2 crore-₹5 crore segment seeing a 50 percent year-on-year growth in launches, indicating a trend toward premiumization in Bengaluru’s residential market.
Unsold inventory in Bengaluru increased by 22 percent year-on-year, reaching 74,299 units in H1 2026. The quarters-to-sell ratio was 5.3, with the unsold inventory aging at 14.4 quarters.
South Bengaluru had the highest unsold inventory at 33,534 units, a 20 percent increase year-on-year, with a quarters-to-sell ratio of 7.4. East Bengaluru had 22,878 unsold units, up 19 percent, with a 4.9 ratio.
North Bengaluru’s unsold inventory grew by 34 percent year-on-year to 15,408 units, with a quarters-to-sell ratio of 3.9. West Bengaluru reported 2,291 unsold units, while Central Bengaluru had only 187 units.
For unsold inventory across various price segments, the ₹50 lakh-₹1 crore range showed the highest with 22,339 units, followed by the ₹1 crore-₹2 crore segment at 20,642 units, and the below ₹50 lakh category at 17,809 units.
In the ₹2 crore-₹5 crore segment, unsold inventory surged by 153 percent year-on-year to 12,531 units, with a quarters-to-sell ratio of 3.6.
Notably, KR Puram demonstrated the highest 12-month price growth at 20 percent, followed by Yelahanka at 18 percent, Tumkur Road at 16 percent, Marathahalli at 15 percent, and Whitefield at 14 percent.
