Bengaluru’s Luxury Housing Market for Apartments priced at ₹10 crore and
above hits ₹1,000 Cr Milestone in FY25
India SIR and CRE Matrix Report
·
Luxury homes priced between ₹10–12 crore saw the highest demand, offering the
ideal mix of value and exclusivity.
·
Hebbal led the pack as the top-performing market with 22% of total sales value
for apartments above ₹10 crore.
·
Apartments sized between 5,000–7,000 sq. ft. have emerged as the most in
demand, signalling a clear preference for spacious, upscale living.
Bengaluru, April 16, 2025: For the
first time ever, Bengaluru’s ₹10 and above, luxury real estate market has
crossed the ₹1,000 crore mark in annual sales, marking a new benchmark for the
city’s premium housing sector, according to a report by India Sotheby’s
International Realty and CRE Matrix.
A
striking 42% of Bengaluru’s total ₹10 crore+ luxury home sales over the last
four years came in FY25 alone — a clear sign of the strong rebound in high-end
demand. This surge is powered by a thriving tech economy, rapid infrastructure
upgrades, and the lifestyle ambitions of urban India.
Hebbal
led the ₹10 crore+ apartment market in FY25, capturing 22% of total sales
value. Other emerging high-end hotspots included Domlur, Sudhamnagar, and
Bomanhalli.
The
report also highlighted strong interest in apartment sizes between 5,000–7,000
sq. ft., reflecting the growing appetite for spacious, high-end living.
Ashwin
Chadha, CEO of India Sotheby’s International Realty, noted, “Bengaluru’s luxury
housing market has entered a new league. We’re seeing discerning buyers-
especially CXOs, startup founders, and global Indians, investing not just in a
home, but in a lifestyle. The demand today is driven as much by aspiration as
by strategic asset allocation. What’s equally encouraging is the rise of new
luxury hubs across the city. That said, Bengaluru’s infrastructure will need to
keep pace with this rapid evolution. Going forward, we expect more steady and
sustainable appreciation in prices as the market matures and becomes even more
quality-conscious.”
Abhishek
Kiran Gupta, CEO & Co-founder, CRE Matrix, added, “For the first time ever,
Bengaluru’s luxury real estate market has crossed a whopping ₹1000 Cr in sales
value this financial year! This is not just a number—it’s a clear sign that the
demand for luxury housing is going through the roof. HNIs and startup founders
are leading the charge, taking this segment to brand new heights. And hey, it's
not just the usual hotspots—this year alone, we’ve seen 6 new micro-markets
where ultra-luxury apartments are flying off the shelves! It’s a huge shift
from the old-school areas, and it just shows how fast the market is evolving.
We’re witnessing a whole new wave of demand.”
The
report attributes this historic growth to rising demand from startup founders,
CXOs, global Indians, and HNIs who are increasingly investing in aspirational
assets that offer exclusivity, premium location, and quality of life.
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