Bengaluru prime home sales jump 23% in Q2

High-income tech professionals are driving demand for luxury properties.

According to a JLL report, high-end home sales in Bengaluru increased by 23% q-o-q, driven by the strong job market and the growth of IT, fintech and startups that have created a pool of high-income professionals seeking high-quality housing. This is consistently keeping up the demand for luxury properties.

“The Hosur Road submarket and specifically the Sarjapur Road cluster are witnessing strong growth in high-end segment demand, given its proximity to the main office hubs and the announced metro network expansion. Buyer preference for larger homes remains a key driver,” the report added.

Here’s more from JLL:

High-end launches were down by 16% q-o-q, but coming off the previous quarter’s record launches, this was expected. On a y-o-y basis, launches were actually up by ~8%, signalling resilience in the high-end homes category.

As inventory in certain corridors rises, developers are also hedging risks by focusing on the lower-price segments where buyer pools are bigger. Prestige Southern Star, Mahindra NewHeaven and Godrej Tiara were among the new launches in Q2 2025.

High-end capital values and rents rise in Q2 2025

Capital values increased by 2.8% q-o-q due to sustained high demand, with the rising land and construction costs also factoring into developers’ pricing strategies.

Rents also rose marginally on a quarterly basis, owing to the C-suite demand from the tech and start-up sectors. The rising influx of migrants in key industries amid limited high-quality supply also resulted in rents strengthening.

Outlook: The luxury residential segment will continue to grow

Bengaluru’s strong IT sector and economic growth have resulted in an increase in HNIs and NRIs seeking luxury properties for investment and lifestyle upgrades. These factors will continue to drive demand in the luxury segment.

Areas like Devanahalli, Hebbal, Whitefield and Sarjapur Road are expected to see an upward growth trajectory due to their proximity to the airport, tech parks and infrastructure development.