Bengaluru's Ultra-Luxury Housing Market Crosses ₹1,000 Crore Sales Milestone in FY25
Bengaluru’s luxury real estate market has hit a significant milestone, with ultra-luxury homes priced at ₹10 crore and above recording over ₹1,000 crore in annual sales for the first time in FY25. According to a comprehensive report by India Sotheby’s International Realty and real estate data analytics firm CRE Matrix, the city has emerged as a dominant player in India’s premium housing segment.
The report reveals that Bengaluru accounted for a massive 42% of all ₹10 crore-plus home sales in India over the past four financial years—concentrated solely in FY25. This steep rise has been attributed to a confluence of factors: the city’s robust tech-driven economy, rapid infrastructure developments, and a growing preference among affluent homebuyers for luxury living that aligns with their aspirational lifestyles.
Hebbal has taken the lead in this segment, emerging as the top-performing micro-market for ultra-luxury apartments. It alone contributed 22% of the total sales value in FY25, signaling a shift in demand from traditional luxury neighborhoods to newer, emerging hubs. Other areas like Domlur, Sudhamnagar, and Bomanhalli have also gained traction, indicating a trend where high-end homebuyers are exploring and investing in previously overlooked locales with promising potential.
One of the most striking trends highlighted in the report is the strong demand for spacious residences—particularly apartments ranging from 5,000 to 7,000 square feet. This demand is being largely driven by startup founders, CXOs, global Indians, and high-net-worth individuals (HNIs), who are seeking homes that offer not just space but exclusivity, premium amenities, and strategic locations.
“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 homes but in a lifestyle. The demand is now driven by aspiration and strategic asset allocation,” said Ashwin Chadha, CEO of India Sotheby’s International Realty. He further emphasized the need for the city’s infrastructure to evolve in tandem with this luxury real estate boom to support long-term growth.
Abhishek Kiran Gupta, CEO and Co-founder of CRE Matrix, echoed these sentiments, noting a notable shift in buyer interest toward newer luxury pockets. “Six new micro-markets have emerged as hotspots this year alone, showing that the city is witnessing a major transition in its high-end housing dynamics,” he said.
As Bengaluru continues to attract global attention, its luxury housing sector is clearly redefining benchmarks and setting the tone for high-value real estate investments across India.
