The Bangalore real estate market, however, seems to have experienced very little impact from the legal and financial changes announced recently. There are various reasons for the cushioning of the impact. It has been a very eventful year for the realty sector in India. RERA, GST and the Union budget have all altered the playing field and raised plenty of questions in the minds of prospective homebuyers. 　 　

Real estate developers have responded to the changing market conditions by slowing down new project launches, especially in the premium segment, and re-configuring project specifications in new launches to improve affordability by lowering unit sizes and providing basic specifications. The focus on affordable/mid-category of projects as compared to the premium segment is supported by the marked divergence in pace of inventory absorption in both the segments, according to ICRA.

Bengaluru has emerged as the front-runner in south India's property market with housing demand and supply in the city being higher than Hyderabad and Chennai during the January-March period, according to a research report.