Bengaluru, India’s Silicon Valley, has witnessed a surge in luxury property deals this year, reflecting the city’s growing economic prosperity and rising aspirations. High-net-worth individuals and global investors have been drawn to Bengaluru’s vibrant lifestyle, world-class infrastructure, and strong potential for capital appreciation.
One of the most notable deals this year involved the purchase of a 10,000 sq ft property in Koramangala for a staggering ₹67.5 crore. This transaction set a new benchmark for luxury real estate in Bengaluru, highlighting the increasing demand for premium properties in the city’s prime locations.
Other significant deals include the sale of a 4,500 sq ft penthouse in Prestige Park Drive for ₹35 crore and the acquisition of a 5,000 sq ft villa in Whitefield for ₹25 crore. These transactions demonstrate the growing appetite for luxury homes with spacious layouts, modern amenities, and stunning views.
The luxury real estate market in Bengaluru is expected to continue its upward trajectory, driven by factors such as strong economic growth, a thriving IT sector, and the city’s growing reputation as a global hub. As Bengaluru’s appeal as a desirable destination for both work and leisure increases, so too does the demand for high-end residential properties.
