Bengaluru luxury residential launches surge by 73% in Q1

Thanks to steady demand from three key areas.

According to a JLL report, Bengaluru saw a 73% q-o-q increase in high-end residential supply priced above INR 1.5 crore, driven by a steady rise in demand, particularly in North (Yelahanka, Hebbal), East and South Bengaluru (Hosur Road and Sarjapur Road) locations.

“The major launches in Q1 2025 include Sobha Madison and Hamptons Town Park, Brigade Eternia, Birla Trimaya Phase-3, Assetz Ren & Rei and Nambiar District among others,” the report said.

Here’s more from JLL:

Bengaluru’s luxury housing sector saw a surge in demand, propelled by a wave of newly launched upscale residential projects. These premium developments are attracting affluent buyers, contributing to the city’s growing momentum in the high-end housing market.

Healthy sales in the newly launched projects indicate buyer preference for luxury housing, particularly those launched by renowned developers in Bengaluru’s high-end residential market.

Rents and capital values increase by 0.9% and 3.5% q-o-q, respectively

Bengaluru’s premium housing rental market is experiencing robust growth, characterised by heightened demand and escalating rents. The trend is especially noticeable in North and East Bengaluru, as well as along the Sarjapur Road corridor.

Bengaluru’s luxury housing sector has experienced a 3.5% q-o-q and 13.6% y-o-y rise in capital values, driven by rising affluence and evolving lifestyle preferences across clusters near key commercial corridors and within the main city areas.

Outlook: The high-end residential market is expected to maintain sustained momentum in the near- to medium-term

Bengaluru’s residential sector is likely to maintain its upward trajectory in 2025, propelled by ongoing infrastructure developments, the steady progression of the city’s commercial real estate market and an increasing desire for premium lifestyles.

Bengaluru’s luxury housing market is expected to witness sustained price growth, thereby indicating a positive outlook for this segment and strengthening the city’s position as a key market for high-end residential properties within India.