Bengaluru's luxury real estate market is booming. In the first three months of 2025, the city saw a huge rise in new high-end housing projects. Reports from JLL and Proppulse.ai confirm a 73% jump in launches compared to the previous quarter (Q4 2024), and a 62% rise from the same time last year. A total of 20,484 new homes were launched—this is the highest ever in a single quarter for Bengaluru.

These new homes are coming up mostly in fast-growing areas like Sarjapur Road, Hebbal, Bellary Road, and Whitefield. One standout project in this trend is Birla Evara, located in East Bengaluru near Sarjapur Road, which offers modern homes designed for both comfort and long-term value.

What Counts as "Luxury" in Bengaluru?

When we say "luxury housing," we're talking about homes priced at ₹1 crore or more. But that's just the starting point.

1. Many homes are in the ₹3–5 crore range.
2. A growing number are in the ultra-luxury segment, priced above ₹10 crore.

These homes often come with high-end features like smart security, rooftop gardens, gyms, pools, work-from-home spaces, and eco-friendly designs.

Demand Is Strong — and So Are Sales

The increase in new launches is not just about supply. People are actually buying these homes:

1. About 61% of all homes sold in Bengaluru during Q1 2025 were priced above ₹1 crore.
2. Sales in the ₹3–5 crore category jumped 119% from the same time last year.
3. Homes priced over ₹10 crore brought in ₹1,000 crore in total sales value in FY25.
4. (Source: JLL, Business Standard)

Why Are So Many People Buying Luxury Homes?
1. More Wealth in Tech and Startups

Bengaluru is home to many tech companies and startups. This has led to more people earning well—especially professionals, startup founders, and CXOs. These buyers now want larger, better homes that match their lifestyle.

2. NRI Interest and Return to Office

Many Non-Resident Indians (NRIs) are buying luxury homes in Bengaluru. They see it as a safe and growing market. Also, as companies ask employees to return to offices, there's higher demand for homes close to work hubs.

3. Lifestyle Changes Post-COVID

After the pandemic, people now prefer homes with more space, greenery, and wellness options. Projects like Birla Evara are built with this in mind, offering homes that blend comfort, peace, and smart features in one space.

4. Better Connectivity

Metro expansions, the Peripheral Ring Road (PRR), and improved highways are connecting new parts of the city. Areas like Bellary Road, Sarjapur Road, and Yelahanka have become popular luxury zones because they are now easier to reach.

5. Better Value Than Other Cities

Compared to Mumbai or Delhi, luxury homes in Bengaluru cost less per square foot, offering more space and quality for the price.

Which Areas Are Seeing the Most Growth? Types of Luxury Homes in Demand

1. High-rise apartments with sky views and premium features.
2. Villas in gated layouts, especially in outer parts of the city.
3. Penthouses, which are large top-floor homes with privacy and luxury.

Developer Confidence Is High

This massive jump in launches shows that developers believe in Bengaluru's long-term growth.

1. Prices for homes in general have gone up 13% in Q1 2025, according to JLL.
2. Builders are focusing more on high-end homes than mid-range ones.
3. New projects now include green features, smart tech, and better community spaces.

Who Are the Big Builders in This Segment?

Several top developers are shaping the city's luxury housing market:

1. Godrej Properties: With new launches like Godrej MSR City, Woodscapes, and a ₹1,500 crore project in Hoskote.
2. Puravankara Group: Launching luxury homes at Yemalur, Thanisandra, and Devanahalli.
3. MAIA Estates: Offering ultra-luxury homes with rooftop lounges and smart interiors.
4. Birla Estates: With projects like Birla Evara and Birla Trimaya, they are making a strong mark in East and North Bengaluru.
5. Prestige, Brigade, Sobha, Embassy: These are well-known names for premium properties across the city.

What This Means for Bengaluru's Real Estate Market

Bengaluru is no longer just an IT city—it's now becoming one of India's top destinations for luxury housing.

Buyers today want more than just a home. They want smart living, community spaces, and better quality of life. Projects like Birla Evara show how luxury living is changing—offering comfort, privacy, and convenience, all in one place.

With continued demand, better infrastructure, and growing interest from NRIs and investors, 2025 looks like a big year for Bengaluru's luxury housing market.