Bengaluru Housing Sales Up 5% to 27,968 Units in H1 2026
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…