Bengaluru Luxury Home Sales Above Rs 10 Billion in FY25: Report
Real Estate

Bengaluru Luxury Home Sales Above Rs 10 Billion in FY25: Report

For the first time, luxury homes priced at Rs 100 Mn and above in Bengaluru crossed Rs 10 Bn in annual sales during FY 2024–25, according to a joint report by India Sotheby’s International Realty and real estate analytics firm CRE Matrix.

The city accounted for forty-two per cent of India’s luxury home sales in this price segment over the past four years, with FY25 contributing the most. The trend is attributed to a booming tech sector, improved infrastructure, and growing aspirations of urban buyers. Hebbal led the ultra-luxury category with twenty-two per cent of total sales value. Other emerging hotspots include Domlur, Sudhamnagar and Bomanhalli, signalling a shift from traditional enclaves to new micro-markets.

Buyers are increasingly drawn to large apartments between five thousand and seven thousand square feet. The report highlights that startup founders, CXOs, and global Indians are actively investing in such properties for their exclusivity and lifestyle value.

Industry leaders say this shift reflects a broader trend of strategic asset allocation. However, they stress that the city’s infrastructure must evolve to support the growing demand in new luxury corridors.

Source: Hindustan Times

For the first time, luxury homes priced at Rs 100 Mn and above in Bengaluru crossed Rs 10 Bn in annual sales during FY 2024–25, according to a joint report by India Sotheby’s International Realty and real estate analytics firm CRE Matrix. The city accounted for forty-two per cent of India’s luxury home sales in this price segment over the past four years, with FY25 contributing the most. The trend is attributed to a booming tech sector, improved infrastructure, and growing aspirations of urban buyers. Hebbal led the ultra-luxury category with twenty-two per cent of total sales value. Other emerging hotspots include Domlur, Sudhamnagar and Bomanhalli, signalling a shift from traditional enclaves to new micro-markets. Buyers are increasingly drawn to large apartments between five thousand and seven thousand square feet. The report highlights that startup founders, CXOs, and global Indians are actively investing in such properties for their exclusivity and lifestyle value. Industry leaders say this shift reflects a broader trend of strategic asset allocation. However, they stress that the city’s infrastructure must evolve to support the growing demand in new luxury corridors. Source: Hindustan Times

Next Story
Infrastructure Urban

PM Launches Rs 56 Billion Projects In Tiruchirappalli

"Prime Minister Narendra Modi visited Tiruchirappalli to inaugurate and dedicate multiple development projects covering infrastructure for clean energy, petroleum-related manufacturing, highways, railways and rural roads. The initiatives represent a combined investment of Rs 56 billion (Rs 56 bn) and are intended to expand energy access, improve connectivity and generate thousands of jobs for the youth of Tamil Nadu. Officials said the programme seeks to integrate regional growth with national development priorities.He laid the foundation stone for Bharat Petroleum's city gas distribution netw..

Next Story
Infrastructure Urban

Prime Minister Launches Multiple Projects In Ernakulam, Keralam

"Prime Minister Narendra Modi visited the coastal city of Kochi to inaugurate and dedicate multiple developmental projects across Ernakulam, Keralam. He inaugurated and laid foundation stones for initiatives totalling approximately Rs110 billion (110 bn), aimed at accelerating regional development. The visit was presented as part of broader efforts to boost industry and connectivity in the state. Officials described the programme as a significant injection of infrastructure and economic support.The Prime Minister highlighted emerging opportunities in seaweed production and the promotion of mod..

Next Story
Infrastructure Urban

India Expands Semiconductor Training To 500 Institutions

Under the Chips to Startups programme of the India Semiconductor Mission, the Union minister responsible for Railways, Information and Broadcasting, and Electronics and IT reported notable progress in talent development. He indicated that over the past four years substantial steps have been taken towards a 10-year target of training 85,000 engineers in semiconductor design. World-class EDA tools have been deployed in 315 academic institutions across the country to provide students with practical exposure to chip design. These EDA tools are supported by leading global firms and are accessible t..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement