BENGALURU — Bengaluru sold about 16,670 homes in July to September 2026, up 12% on a year earlier, according to Anarock data as reported this month. Prices rose about 8%. Knight Frank data for the first half of the year shows unsold inventory up 22% to 74,299 units.
Key facts
- Q3 2026 sales (Anarock): about 16,670 homes, up 12% year on year and up 9% on Q2
- Price growth: about 8% year on year (Anarock); 9% to ₹9,354 per sq ft in 12 months to June (Knight Frank)
- H1 2026 sales (Knight Frank): 27,968 homes, up 5%
- Unsold inventory (Knight Frank, end-June): 74,299 units, up 22%; 5.3 quarters to sell
- Zones: South Bengaluru 7.4 quarters to sell, East 4.9, North 3.9
Q3 sales and prices
Anarock's Q3 2026 data, reported by several outlets, shows Bengaluru as the second-fastest growing of the large cities for sales. Across the top seven cities about 1,00,220 homes were sold in the quarter, up 3%. Hyderabad rose about 15% to roughly 12,970 units, Bengaluru rose 12% to about 16,670 units and the Mumbai Metropolitan Region rose 5% to about 31,750 units. Bengaluru and the Mumbai region together made up 48% of sales in the seven cities. On prices, Bengaluru's 8% annual rise was second only to the National Capital Region at 12%.
Unsold stock is building
PropNewz, analysing Knight Frank's H1 2026 report, says Bengaluru's unsold inventory reached 74,299 units at the end of June, up 22% year on year, with 5.3 quarters to sell. South Bengaluru held 33,534 unsold units with 7.4 quarters to sell. East Bengaluru held 22,878 units, and its sales fell 9% year on year. North Bengaluru had 15,408 units, up 34%, but cleared fastest at 3.9 quarters, with launches up 10% and sales up 11%.
By price band, homes below ₹50 lakh took 21.4 quarters to sell, while the ₹1 crore to ₹2 crore band, where unsold units rose 60%, took 3.1 quarters.
Incentives instead of price cuts
The Knight Frank report, as described by PropNewz, says developers have mostly avoided formal price reductions and are using flexible payment plans, subvention schemes, stamp duty waivers and higher channel-partner commissions. That can make headline prices look firmer than the effective prices buyers pay.
A different view on luxury prices
A Whalesbook article on 1 October reported that Bengaluru luxury price growth slowed to about 3.8% by mid-2026 from around 9% in 2025. That figure concerns the luxury segment, and we did not find it in the Knight Frank or Anarock data cited above, so it should not be read as a city-wide number.
Falcon's note: These are secondary reports of Knight Frank and Anarock data and were compiled before the RBI's 7 October rate hike. Check the original reports before you rely on a figure. Our market data guide explains the numbers in more detail.
How this report was verified
- Corroborated. The Anarock Q3 figures for Bengaluru (about 16,670 homes, up 12%, prices up 8%) appeared in two independent reports.
- Single source. The Knight Frank zone, price-band and inventory figures come from PropNewz's reading of the H1 2026 report.
- Different measure. The 3.8% luxury figure covers a different segment and is not corroborated.
Sources
- PropNewz: Is Bangalore real estate crashing? 2026 data check — 9 Oct 2026; reports Knight Frank H1 2026 and Anarock Q3 2026 figures for Bengaluru
- Real News of India: RBI's first rate hike since 2023 tests festive-season housing demand — 15 Oct 2026; Anarock Q3 2026 city data and developer reactions
- Whalesbook: Bengaluru property market growth slows to 3.8% — 1 Oct 2026; luxury-segment price growth view