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Bengaluru's luxury real estate market has hit a new milestone, with annual sales of homes priced above INR 10 crore surpassing INR 1,000 crore for the first time, according to a joint report by India Sotheby's International Realty and CRE Matrix. Notably, 42% of these high-end sales occurred in FY25 alone, signaling strong momentum driven by a booming tech economy, rising affluence, and growing demand for exclusive living. Hebbal led with 22% of total sales, while areas like Domlur and Bommanahalli are emerging as new luxury hubs. Buyers are favoring large apartments (5,000-7,000 sq ft), reflecting a shift toward lifestyle- and quality-focused investments.
A significant milestone has been achieved by Bengaluru's luxury real estate sector, as annual sales of premium homes priced at INR 10 crore (USD 1.2 million) and above have crossed the INR 1,000 crore (USD 120 million) mark for the first time. Advertisement
The data, which was compiled and released through a joint report by India Sotheby's International Realty and CRE Matrix, has shown that the high-end housing market in the city has entered a new phase of robust growth and consumer interest. According to the report, 42% of the total high-end home sales in Bengaluru recorded over the last four years were reported in the current financial year (FY25) alone. This substantial growth has been credited to a thriving technology-driven economy, enhanced infrastructure development, and an increasing focus among Indians on lifestyle and exclusivity in residential spaces. It was stated in the report that Hebbal, a fast-developing region in northern Bengaluru, had led the market for apartments priced over INR 10 crore, contributing 22% of the total sales value during FY25.
Additionally, other neighbourhoods such as Domlur, Sudhamnagar, and Bommanahalli were highlighted as emerging luxury hubs. A noticeable preference was also seen for apartments ranging in size between 5,000 and 7,000 square feet, reflecting the desire among buyers for larger, more luxurious living spaces.
It was explained in the report that a higher number of global Indians, top executives, and successful entrepreneurs were now investing in real estate with a focus on exclusivity, location, and quality of life. Furthermore, it was observed that Bengaluru's reputation as India's technology capital has also played a significant role in attracting high-value property buyers, who are increasingly seeking luxury properties that offer privacy, amenities, and long-term investment potential. The emphasis on large floor space, gated communities, and high-end finishes has been seen to align with the expectations of this new group of luxury homebuyers.
The transformation of Bengaluru's premium housing market has been seen as a clear indicator of the city's evolving economic and social dynamics. Experts have suggested that while the growth is currently strong, long-term sustainability will depend on consistent infrastructure improvements, transparent pricing, and quality-driven development. As Bengaluru's luxury landscape continues to expand, a new benchmark in Indian urban real estate has been established, with the city now viewed as a major contender in the national luxury housing segment.
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