Homes in Bengaluru worth over Rs. 10 Crore drive Rs. 1,000 Crore in FY25

A report by India Sotheby's International Realty and real estate analytics company CRE Matrix claims that luxury flats in Bengaluru that cost Rs. 10 crore and more surpassed the Rs. 1,000 crore yearly sales thresholds for the first time in FY25.

With 22% of the total sales value in FY25, Hebbal became the market leader in the ultra-luxury apartment category for those priced at Rs. 10 crore and up. Domlur, Sudhamnagar, and Bomanhalli are other important high-end real estate hotspots that are gaining traction; these areas indicate a move away from conventional luxury enclaves and toward developing micro-markets.

Strong buyer demand in roomy residences with 5,000–7,000 square feet was another finding of the research. It ascribes this development to the growing demand from global Indians, HNIs, CXOs, and startup founders who are spending more in aspirational assets that provide exclusivity, a prime location, and a high standard of living.

The city recorded 42% of Rs. 10 crore-plus luxury home sales over the past four years in FY25 alone. This surge is powered by a thriving tech economy, rapid infrastructure upgrades, and the lifestyle ambitions of urban India," the report said.

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. Encouragingly, several new luxury hubs are emerging across the city. However, the city’s infrastructure must keep pace with this rapid evolution," Ashwin Chadha, CEO of India Sotheby’s International Realty said.