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Bangalore’s real estate landscape is undergoing a transformative shift, with luxury housing taking center stage. As the demand for spacious, amenity-rich living grows, homebuyers are prioritizing gated communities and high-end developments, redefining urban lifestyles.
Areas such as Whitefield, Electronic City, Bagalur, Krishnarajapura, and Yelahanka have emerged as the city's prime residential hotspots. In particular, East Bangalore, including Sarjapur Road and Bellandur, is thriving due to its proximity to IT hubs and well-developed infrastructure.
For buyers seeking premium housing, Sarjapur Road has become a magnet for gated communities, offering security, modern amenities, and a strong sense of community.
With rapid infrastructure development and its proximity to Kempegowda International Airport, North Bangalore is becoming the city’s next real estate hub. In 2024, the region accounted for 33% of all new property launches, up from 23% in 2023.
Areas such as Devanahalli, Yelahanka, KIADB Aerospace Park, Hennur Road, and Thanisandra are leading this growth, attracting investors and homebuyers with expanding tech parks and industrial clusters.
The demand for high-end residences continues to grow, with properties priced above ₹1.5 crore increasing their market share from 29% in 2023 to 34% in 2024. Conversely, the mid-segment housing market (₹40-80 lakh) has shrunk from 29% to 22%, reflecting affordability challenges for budget-conscious buyers.
“As developers double down on high-end projects, the trend towards exclusive, amenity-rich properties shows no signs of slowing down, reshaping Bangalore’s skyline and lifestyle,” said Saurabh Garg, co-founder & Chief Business Officer of NoBroker.com.
The surge in new project launches has led to a 16% year-on-year price appreciation, with the average price per sq. ft surpassing ₹9,000. Despite a 30% rise in new units, the total number of projects increased by only 5%, indicating a preference for larger, integrated developments.
Gated communities continue to be the top choice for homebuyers, outperforming standalone houses in terms of price appreciation. These secure, amenity-filled environments offer an unparalleled community living experience, making them highly desirable.
The growing focus on luxury housing is leaving fewer options for mid-segment buyers, who are increasingly looking at suburban areas or the resale market. With land and construction costs rising, developers are prioritizing high-margin premium projects, reshaping Bangalore’s real estate market.
With demand for luxury properties, gated communities, and large-scale developments at an all-time high, Bangalore’s real estate future is set to be more exclusive and premium-driven than ever before.
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