Residential housing valued at ₹2-5 crore registered sales of nearly ₹1.15 lakh crore during the first six months of 2026 in India's major residential markets, with Bengaluru accounting for the highest sales value. As per CRE Matrix, the value of homes sold in Bengaluru within the ₹2-5 crore price band during the first six months of 2026 stood at ₹31,216 crore. The NCR region and Mumbai Metropolitan Region (MMR) followed Bengaluru, together contributing to more than 65% of the total sales value in the dataset.
Highest Sales Value in Bengaluru
In H1 2026, Bengaluru witnessed sales of 11,556 units in the ₹2-5 crore category. With the total sales value being ₹31,216 crore, it became the market leader among the residential markets under consideration in the CRE Matrix report.
It is clear that there is a decent market presence for housing in the ₹2-5 crore category, which is a fairly wide spectrum of residential housing in the city.
Following Bengaluru was NCR, where the total sales were ₹27,125 crore across 8,778 units in the same duration.
NCR and MMR Dominate in Sales Value
NCR was the second largest market in terms of sales value, where the total sales were worth ₹27,125 crore in the ₹2-5 crore category.
MMR occupied the third spot in terms of sales value, where it generated ₹21,952 crore across 7,480 units. Together, the three generated ₹80,293 crore in residential sales in H1 2026.
It can be analysed that they constitute roughly 69% of the total sales value across the markets considered in the report.
It can also be observed that there are variations in transaction volume in the three markets, even though Bengaluru has witnessed the highest transaction volume of all of
Hyderabad Records ₹18,948 Crore in Sales
Hyderabad has been reported to make a significant contribution to the residential sales in the ₹2-5 crore range.
The city recorded ₹18,948 crore in sales through 6,424 units in H1 2026. The sales value made Hyderabad one of the important cities covered in this report even though it ranked behind Bengaluru, NCR, and MMR.
Ahmedabad recorded ₹6,172 crore in sales through 2,118 units, while Pune recorded ₹5,507 crore in sales through 2,027 units.
Chennai and Kolkata recorded ₹4,009 crore and ₹1,985 crore in sales value, respectively.
Demand for Premium Housing Market Segments Still Concentrated
The sales numbers give a picture of how the distribution of demand for homes costing ₹2 crore to ₹5 crore is spread out over the major residential property markets in India.
Sales value was concentrated among Bengaluru, NCR and MMR, although Hyderabad was not far behind in terms of transaction value. The disparity between transaction value and units also speaks to the differences in transaction value of homes sold in the same price range.
For developers, investors and real estate companies, tracking transaction volume and sales value would give more insight into the state of affairs in the residential market than just tracking one of them alone.
However, the numbers do show that the major metropolitan areas of India play an important part in the ₹2-5 crore housing segment as well, although cities like Ahmedabad, Pune, Chennai and Kolkata had lower sales values.
Expert opinions
Robin mangla, President, M3M India said, “The strong momentum in the ₹2-5 crore housing segment reflects the growing depth of India’s premium residential market and a shift in buyer preferences towards larger homes, established locations and enhanced lifestyle offerings. NCR’s sales of ₹27,125 crore across 8,778 homes in this segment during H1 2026 underline the region’s sustained appetite for premium residences. This trend indicates that buyers are increasingly evaluating homes beyond basic requirements, with factors such as design, amenities, connectivity and overall living experience gaining importance. For developers, it reinforces the opportunity to create differentiated premium developments that are aligned with evolving expectations and the changing aspirations of homebuyers.”
Santosh Agarwal, Executive Director & CFO, Alpha Corp Development Limited, said, The ₹2-5 crore housing segment is increasingly becoming a reflection of how premium homebuying is evolving. The focus is moving beyond size and price towards the overall proposition of a residence, including planning, design, amenities, connectivity and the quality of the surrounding ecosystem. CRE Matrix data places NCR’s average residential ticket size at ₹3.64 crore in CY2025, pointing to the growing relevance of higher-value housing in the region. For developers, this calls for a more nuanced approach to premium projects, where differentiation and experience become central to the product. For buyers, it represents a market offering greater depth and choice across the premium spectrum."
₹2-5 crore houses have become an integral part of the Indian residential sector, especially in the context of major urban centers. Unlike other residential markets, this market is not restricted to any one city or geographical location, since there is evidence of demand for houses within the mentioned price range in already developed metropolitan residential markets as well as developing ones.
Also, this market shows the dynamics of residential demand changes, as the buyers in the sector are actively involved in the purchasing of high-end houses. As the differences between the cities show, the drivers of high-end housing activity are different from place to place depending on the local job opportunities, income level, development of infrastructure, and availability of high-value residential projects.
