Bengaluru's real estate market has recorded a 59% increase in luxury home sales in FY 2025, according to a report by India Sotheby's International Realty (ISIR) and CRE Matrix. The rise reflects continued demand from investors and homebuyers in the city's residential segment.
The report mentioned that Bengaluru's luxury housing market, Rs 10 crore and above, achieved record sale bookings of Rs 1,000 crore in the financial year 2024-25 as against Rs 627 crore in the preceding fiscal. In volume terms, sales of luxury homes rose to 78 units from 51 units.
Following the report, Rs 10-12 crore ticket-size apartments have the highest sales in Bengaluru's luxury segment.
ISIR CEO Ashwin Chadha said, "Bengaluru's luxury housing market has entered a new league. Discerning buyers are investing not just in a home but in a lifestyle. Today's demand is driven as much by aspiration as strategic asset allocation".
The report noted that 22% of Bengaluru's total sales value during the last financial year came from Hebbal. It also led in volume, contributing 19% of total units sold.
Ashwinder R Singh, Chairman of the CII Real Estate Committee, said that this is the first time the Bengaluru market has achieved Rs 1,000 crore in sales during a fiscal year.
"The rise in Rs 10 crore + home sales signals a shift in buyer intent. Bengaluru is being chosen for living, not just investment. With improving infrastructure, a stronger social ecosystem and rising confidence in the city's long-term growth, it has established itself as a key luxury housing market," he added.
Singh added that Bengaluru's thriving IT industry, employment opportunities by corporates and multinational companies, development of tech parks in multiple key areas, cosmopolitan appeal, high rental yields, and infrastructure development, among other factors, are driving demand for premium and luxury homes.