Residential properties priced around ₹1 crore once considered firmly in the premium segment—are increasingly emerging as the baseline for homebuyers across several key micro-markets in Bengaluru. The shift reflects a steady escalation in land values, construction costs, and sustained demand in well-connected neighbourhoods.
Real estate observers note that buyers are now prioritising location, connectivity, and ready-to-move-in convenience over luxury finishes, effectively redefining what constitutes an “affordable” home in the city. As prices continue to climb in sought-after corridors, middle-income households are facing mounting affordability pressures, while developers are recalibrating project offerings to match evolving market expectations.
The trend signals a broader transformation in Bengaluru’s housing landscape, where the ₹1-crore benchmark is fast becoming the new normal rather than an indicator of exclusivity.
