‘Bengaluru’s Luxury Housing Market for Apartments priced at Above ₹10 Crore Hits ₹1,000-Cr Milestone in FY25’

Bengaluru, April 16, 2025: For the first time ever, Bengaluru’s INR 10 crore and above luxury real estate market has crossed the INR 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 per cent of Bengaluru’s total INR 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 INR 10 crore+ apartment market in FY25, capturing 22 per cent 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 square feet, 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 INR 1,000 crore 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 six 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.