Bengaluru’s Rs 10cr and above luxury real estate market has crossed the Rs 1,000 crore mark in annual sales for the first time, 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% of Bengaluru’s total Rs 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 urban India's lifestyle ambitions.
Hebbal led the Rs 10 crore+ apartment market in FY25, capturing 22% 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 sq. ft., 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 a lifestyle. Today's demand 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 price appreciation as the market matures and becomes even more quality-conscious."
Abhishek Kiran Gupta, CEO & Co-founder of CRE Matrix, added, "For the first time, Bengaluru’s luxury real estate market has crossed a whopping Rs 1000 Cr 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 6 new micro-markets with ultra-luxury apartments flying off the shelves! It’s a huge shift from the old-school areas, showing how fast the market is evolving. We’re witnessing a whole new wave of demand."
The report attributes this historical growth to rising demand from startup founders, CXOs, global Indians, and HNIs increasingly investing in aspirational assets offering exclusivity, premium location, and quality of life.
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