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Bengaluru’s luxury housing market has witnessed an impressive surge in Q1 2025, capturing a 10% share in the country’s overall luxury unit sales, according to a new report by CBRE South Asia Pvt. Ltd.
Also read: Bengaluru leads real estate equity investment surge in Q1 2025
The city recorded a significant leap in high-end home sales, growing nearly tenfold from just 20 units in Q1 2024 to approximately 190 units in the same period this year. This sharp rise underscores a growing appetite for premium residences in the city.
Across India’s top seven cities, the luxury housing segment saw a 28% year-on-year increase, with around 1,930 luxury units sold between January and March 2025. Delhi NCR led the market, contributing nearly 49% of these sales, followed by Mumbai with 23%. Bengaluru made notable gains, marking its emergence as a prominent destination for luxury homebuyers.
In addition to its performance in the luxury segment, Bengaluru’s overall residential market also showed strong momentum. The city registered 9,300 housing units sold in the first quarter, while new project launches stood at 11,400 units, placing it third among major cities for fresh supply.
The growth is attributed to rising disposable incomes, infrastructure development, and favourable financing conditions. With supportive monetary policies and increasing buyer confidence, Bengaluru’s real estate market is poised to maintain its upward trajectory, especially in the luxury segment, throughout 2025.
