Bengaluru's eastern suburb of Gunjur has quickly emerged as one of the city's busiest housing markets, recording a 146 percent price appreciation since 2020, fuelled by leasing of offices and infrastructure improvement. Prices of residential properties soared from Rs 4,800 per sq ft in 2020 to Rs 11,850 in 2024, PropEquity realty data showed.
The area has seen a housing frenzy with 9,031 units released since 2022 and 7,635 homes sold by Q2 2025. During the first half of 2025 alone, 1,522 units were launched, nearly two-thirds of the total 2024 supply.
Experts place the momentum on the fact that Gunjur is close to IT hubs such as Whitefield, Sarjapur Road, Brookfield, and Outer Ring Road, combined with massive infrastructure projects.
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"From excellent connectivity to social infrastructure in the form of schools, colleges, hospitals, and entertainment zones, Gunjur has the benefit of not only nature-driven living but also future growth prospects," said Umesh Gowda HA, Chairman and Founder Sanjeevini Group.
Bengaluru's 21.7 million sq ft of office leasing in 2024, 39 percent more than the previous year, has fueled demand in peripheral regions, attracting both end-users and long-term investors.
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Infrastructure continues to be a driving force. Developments like the Peripheral Ring Road (PRR), Gunjur Palya Road, and Varthur-Sarjapur Road have reinforced connectivity. Gowda further stated that the upcoming Bengaluru Business Corridor, a six-lane expressway, will "reduce travel time to the airport and seamlessly connect IT corridors with northern and western regions of the city."
Market statistics indicate 3BHK apartments in the Rs 1–2 crore segment control demand, highlighting the suburb's emergence as a sought-after area for professionals and investors alike.
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