Bengaluru’s home sales remain strong in Q1 2026, outperforming other major Indian cities

• Bengaluru’s housing market remained robust, with over 18,000 homes sold. The city’s strong IT industry, expanding metro network and buyer preference for larger, higher-quality homes drove this performance.
• Residential sales increased by 19% q-o-q, although at a slower pace than launches, indicating some pricing pressure and subdued buyer sentiment. Buyers remain focused on locations near metro-connected technology hubs.

Bengaluru’s residential supply hit an all-time quarterly record of 27,000 units in Q1 2026

• New home launches nearly doubled q-o-q, predominantly targeting premium and high-end segments aimed at affluent professionals. This surge strengthened Bengaluru’s standing as India’s leading residential market for the quarter.
• Developers concentrated on INR 1.5 crore-plus priced homes, which accounted for 69% of all quarterly launches. Whitefield dominated with nearly 10,000 units launched in the quarter, followed by Bellary Road and Hosur Road submarkets.

Home prices and rents rose on a q-o-q basis by 3.2% and 2.7%, respectively

• Rising land values in IT corridors and metro-adjacent areas are driving up entry-level home prices, even as developers focus on higher-value apartments, with buyers seeking better-amenitised and larger homes.
• Strong job growth in the IT and startup sectors is attracting migrants, keeping rental demand elevated in areas such as Whitefield, Sarjapur Road and North Bengaluru.

Outlook: Bengaluru’s housing market is expected to sustain momentum, though downside risks remain

• Bengaluru’s residential market is likely to continue its strong performance, although uncertainty in the tech sector and other factors may create some sluggishness. The city otherwise has strong fundamentals, supported by robust office market growth.
• North Bengaluru, Sarjapur Road and Whitefield are likely to lead as key development corridors, driven by office market growth and offerings across varied price points. Price growth is expected to remain slightly muted y-o-y through 2026.