Premium housing to drive Bengaluru’s residential market in 2026: JLL

Bengaluru home prices set to rise 10–12% in 2026, led by premium demand. Whitefield, North Bengaluru, Sarjapur Road emerge as key growth hubs

Bengaluru’s housing market is expected to remain resilient in 2026, with proLodha Elanza, Embassy Greenshore, and Sowparnika Whispering Petals, while Sipani City Phase 1 in Whitefield perty prices projected to rise by 10–12 percent, according to a new report by JLL. The consultancy attributes the anticipated growth to strong demand for premium homes, infrastructure upgrades, and continued employment expansion in the city’s technology and services sectors.

JLL highlighted North Bengaluru, Sarjapur Road, and Whitefield as key growth corridors, where developers are increasingly focusing on upscale housing and integrated mixed-use projects. Improved metro connectivity and ongoing infrastructure enhancements are expected to further boost buyer interest in these micro-markets.

The report noted that 2025 saw a slowdown in overall housing demand, with sales declining 3 percent quarter-on-quarter and 12 percent year-on-year. Rising prices, job uncertainty in the IT sector, and infrastructure bottlenecks weighed on sentiment, while demand for affordable and smaller units weakened as buyers shifted toward larger, amenity-rich developments.

Despite the broader dip, projects launched in the fourth quarter of 2025 by reputed developers recorded strong traction, accounting for over 22 percent of quarterly sales. JLL said this reflects robust buyer confidence in branded launches, even during periods of market weakness.

Also Read: 10 lakh e-khata certificates to be distributed in April: Karnataka govt announces special drive

Supply activity remained steady, with new launches rising 7.6 percent quarter-on-quarter, taking total annual launches to around 61,000 units. Whitefield led unit launches in late 2025, followed by Hosur Road and Bellary Road. Notable projects included Lodha Elanza, Embassy Greenshore, and Sowparnika Whispering Petals, while Sipani City Phase 1 in Whitefield recorded the highest launch volume.

Pricing trends stayed firm, with values rising 3–4 percent quarter-on-quarter in Q4 2025, supported by higher input costs and the pricing power of established developers. Rentals also climbed 3–4 percent, driven by return-to-office mandates, metro expansion, and limited affordable options.

Looking ahead, JLL expects Bengaluru’s housing market to sustain momentum in 2026, led by premium housing demand. While affordability pressures may intensify, strong end-user appetite and infrastructure growth are likely to shape the city’s residential trajectory.

Also Read: BDA struggles to sell thousands of flats and villas on Bengaluru’s outskirts