11.2% YoY Growth in Bengaluru’s Premium Residential Realty Market: Nklusive Report

Bengaluru, May 30, 2025: Bengaluru’s residential real estate sector continues to demonstrate resilience and evolving sophistication across all price categories, according to the recently released Bangalore Premium CY 24 Report by NKlusive. 

The findings point to a thriving market environment characterised by robust premium sector performance, rising aspirational demand and a shift in buyer preferences toward lifestyle-driven housing.

While the affordable segment (less than INR 7,000 psf) showed a modest fall in sales and signs of saturation, the premium category (INR 7,000-INR 15,000 psf) emerged as the primary growth driver, accounting for more than 52.8 per cent of the total market supply in 2024.

Premium home launches increased by 16.3 per cent YoY to 94,126 units with strong end-user demand maintaining absorption at a healthy 53 per cent.

The luxury and uber-luxury sectors continued to see high price increases backed by increased affluence and the appeal of lifestyle-driven homes. These categories also saw a move towards compact luxury formats, particularly in east and central Bengaluru, making high-end living more accessible to a wider range of upwardly mobile customers.

Key market trends highlighted in the report include:

• 4 per cent YoY price appreciation in the premium segment with WAP rising from INR 13,284 to INR 14,000 per sq ft.
• Increased preference for 3 and 3.5 BHK configurations driven by work-from-home lifestyles and nuclear family needs.
• Balanced demand-supply dynamics, particularly in micro-markets like Whitefield and North Bengaluru.
• High absorption in premium units with 3 BHKs leading both in supply and sales.

Overall, a more varied, stable, and opportunity-rich housing ecosystem is being fostered by Bengaluru’s changing buyer tastes, steady infrastructure development and growing disposable incomes. Last year confirmed Bengaluru’s standing as one of the most vibrant and resilient residential markets, which is good news for developers, investors, and homeowners.