India, Oct. 29 -- After several quarters of premiumisation, demand in Bengaluru's housing market is consolidating around the Rs.2-3 crore price band, a segment largely driven by end-users, said Sobha Ltd's Managing Director Jagadish Nangineni. He said affordability and ticket-size sensitivity are once again shaping the city's housing mix, even as buyers continue to favour high-quality developments.

More than 70% of the quarter's sales were sustained by end-user demand, particularly for projects such as Sobha Townpark in south Bengaluru, where most transactions were in the Rs.2-3 crore range, Nangineni said during the company's Q2 FY26 investor call recently.

Commenting on price trends, he said, "We are entering a phase of steady demand ...