Bengaluru's housing market has seen a significant shift, with Rs 1 crore now becoming the baseline price for mid-sized apartments in many areas. Average prices range from Rs 7,000 to Rs 8,600 per sq ft, with prime locations like Indiranagar and Koramangala exceeding Rs 18,000 per sq ft. While areas like Electronics City and Kengeri offer prices below Rs 6,000-8,000 per sq ft, they come with longer commutes and less developed infrastructure. Property consultants suggest end-users, prioritizing location, are driving this price increase rather than speculative investors.