Disclaimer:
With 11+ years of experience & expertise in the real estate industry, Homebazaar provides end-to-end property-buying solutions. Hundreds of 100% verified RERA-registered residential & commercial properties are listed on our website. We provide facilities like Zero brokerage, 360° virtual street view, effortless site visit services, end-to-end property buying agreements & documentation guidance, and low-interest home loan assistance. This helped us gain the trust of 55,000+ clients across India & sold 6,500+ homes of top reputed developers.
Page Contents [hide]
- Bangalore Real Estate Overview
- Property Rates In Bangalore
- Rental Values In Bangalore Real Estate
- Market Dynamics In Bangalore Real Estate
- Popular Micro Markets In Bangalore Real Estate
- Real Estate Developers In Bangalore
- High-End Segments Dominate Bangalore Real Estate
- What Is The Future Of Real Estate In Bangalore?
- FAQs
Bangalore Real Estate Overview
Bangalore has been one of the sought-after metro cities for real estate investment. Compared to the saturated market of Mumbai, property in Bangalore presents an array of residential options such as apartments, villas, penthouses, open plots, rowhouses, etc.
Bangalore is enticing young professionals through its growing tech sector and attractive job market. It is the hub to head offices of major business stalwarts worldwide. As per Anarock’s report on Bangalore real estate, the residential sector set a record with maximum launches and residential sales in 2023.
Along with rising launches and sales, property prices in Bangalore also grew deliberately. The property prices in Bangalore rose the most at 12% YoY in H2 2024 as per Knight Frank Real Estate Report H2 2024.
Also Read: Mumbai Real Estate Overview
Property Rates In Bangalore
Real estate investment in Bangalore is an optimistic opportunity to gain higher returns. Bangalore saw a 10-year high annual sales growth in 2024. With the sustained demand for housing and increased sales, the Bangalore real estate prices also went on an uptrend.
The year 2024 saw robust property launches in Bangalore with the reducing gap between the demand and supply graph. The property launches mainly included premium and luxury segments in the Northern and Eastern Corridor of Bangalore.
As per Savills India Research, the Bangalore real estate prices for under-construction properties rose by 25% YoY whereas completed projects property price rose by 19% YoY. While Northern Bangalore dominated in 2024, the Southern and East Corridor also witnessed a steady 19% – 20% YoY price growth for ready to move projects by the end of 2024.
South Bangalore had yearly price growth of 21% while emerging hotspots to buy property in Bangalore. The dominance of North and East Bangalore can be attributed to the proximity to the airport, Outer Ring Road, and major IT hubs. The increasing demand for properties in the Eastern Corridor has led to price appreciation of property prices in this micro market.
Know more about: Property rates in Bangalore
Note:
Homebazaar serves homebuyers searching for flats in Bangalore with end-to-end services like site visits, and lower-interest home loans to property registration guidance. We provide the best price options & offers for 1 to 4 BHK RERA-registered flats, villas & penthouse properties in Bangalore. To begin a smooth homebuying journey with us, fill out the form mentioned below or on the right side.
Rental Values In Bangalore Real Estate
The average rental value of properties in Bangalore has increased by 10% on a yearly basis by the end of 2024. The Eastern Corridor, or the outskirts of Whitefield, saw a rising rental demand due to its proximity to prominent commercial landmarks. The rental value in Eastern and Northern Corridors increased by 20% and 19% YoY, respectively.
Rental values for high-end properties in Central Bangalore increased substantially in 2024. As per Savills report, the Jayaprakash Nagar, Koramangala, and Indira Nagar constitute a higher rental value ranging between ₹ 1,50,000 – 1,65,000. They are the key areas comprising luxury properties in Bangalore Central.
South Bangalore is leading with robust launches and sales. This region has a significant demand from tech professionals due to the presence of IT hubs in the vicinity. The nearing completion of the Yellow Line Namma Metro is also stimulating the demand and price graph in its peripheral areas.
North Bangalore continues its dominance in the Bangalore real estate market. Its strategic location near Kempegowda International Airport, Outer Ring Road, and Blue Line Metro are the key growth drivers. Despite developing infrastructure in this market, people are willing to pay handsome prices to buy property in Bangalore North, considering its ambitious future.
Also read this: Best Flats Near Bangalore Airport
Market Dynamics In Bangalore Real Estate
Bangalore’s real estate market experienced a steady growth in demand and sales. This optimistic momentum is due to its resilient property demand and infrastructure developments. The burgeoning IT hubs and ongoing metro developments will continue to uplift property prices in Bangalore.
According to Knight Frank Residential Report H2 2024, there was a significant increase in the sales of premium housing segments. The ₹ 1 crore – ₹ 2 crore housing segment was the most preferred by the homebuyers in the key micro markets of Bangalore. Developers are also responding to the evolving preferences of homebuyers in this property market.
Real estate developers in Bangalore are launching premium inventors with huge sizes and curated amenities. The property prices under ₹ 50 lakhs had a declining demand due to a shift in demand for big-ticket properties. Working professionals are opting for a larger home on the outskirts of prime areas at a relatively affordable rate.
Moreover, the shift of MNC offices in North and East Bangalore and the emergence of new office spaces are driving the demand and rental growth in these areas. Best real estate developers in Bangalore are supplying inventories in these micro markets while aligning with the dynamic preferences of homebuyers.
Know more about: Bangalore Namma Metro
Popular Micro Markets In Bangalore Real Estate
As stated earlier, Northern and Eastern micro markets accounted for 34% and 39% of annual property launches in Bangalore. Whitefield, Yelahanka, Baglur, and Thanisandra Road were among the key contributors to property launches.
The outskirts of these regions are also gaining traction, owing to their affordability and the scope of larger spaces. For the Q4, the South and South-Eastern regions of Bangalore constituted 26% of property launches. Electronic City and Sarjarpur Road saw significant launches by top developers.
Bangalore Central witnessed a prominent increase in property prices and rental values. Some of the high-end properties in this micro market earned a generous rent of over ₹ 1,50,000. The real estate growth in West Bangalore remained steady. Malleshwaram and Rajajinangar experienced substantial price appreciation due to sustained demand for mid-segment homes in these micro markets.
Real Estate Developers In Bangalore
Bangalore is one of the most active residential markets in India due to its IT infrastructure and robust economic profile. Top developers from Bangalore and India are capitalising on the dynamic opportunities by offering premium properties, larger layouts, and advanced facilities. So, here are the best real estate developers in Bangalore and their popular projects:
Prestige Group
Prestige Group is one of the reputed and trusted developers in Indian real estate. With 38+ years of expertise in designing innovative and luxury properties across Bangalore, Mumbai, Chennai, Hyderabad, Cochin, etc. It has completed 300+ projects and 170+ million sq. ft. in under development. These are the top projects by the Prestige Group.
Prestige Eden Park | Prestige Waterford | Prestige Lavender Fields |
Prestige Tech Cloud | Prestige Meridian Park | Prestige Sanctuary |
Sobha Limited
Sobha Group is one of the best real estate developers in Bangalore. Properties developed by Sobha reflect benchmark quality, in-depth research, exceptional engineering, and a customer-centric approach. With three decades of expertise in delivering exceptional properties, Sobha Group has diversified its portfolio across the residential, commercial, retail, and hospitality sectors. Below are the best projects by the Sobha Group.
Sobha Dream Garden | Sobha Lake Garden | Sobha Neopolis |
Sobha City Athena | Sobha Manhattan Towers | Sobha Windsor |
Brigade Group
Since its formation in 1986, Brigade Group has been determined to transform the landscape of Indian real estate with its iconic projects. Keeping a customer-centric approach, every Brigade Group project is designed according to style and class. It has completed 250+ residential projects, including gated communities, villas, and plots. It has a presence in 6 cities. Below are the best projects by the Brigade Group.
Brigade Citrine | Brigade Gem | Brigade Oasis |
Brigade El Dorado | Brigade Laguna | Brigade Sanctuary |
Purvankara Group
Purvankara Group was founded in 1975 with a prime aim of delivering quality residences. Purvankara Group has 86+ projects and 50+ served families on its profile. It is one of the largest real estate conglomerates in India with uncompromising values, a customer-centric approach, excellent engineering, and top-notch quality. It has projects in 9 cities, such as Bangalore, Chennai, Mumbai, Pune, Kochi, etc. Below are the best projects by the Purvankara Group.
Purvankara Blu Belle | Purva Park Hill | Purva Atmosphere |
Purva Zenium | Purva Land | Purva Aerocity |
Assetz Property Group
Assetz Property Group is one of the leading real estate developers in Bangalore, India. Established in 2006, they are the pioneering multinational developers in India with over 10 million sq. ft. of land under development. Their distinctive projects are backed by meticulous research and exceptional architecture. They build innovative and sustainable homes and communities. Below are the best projects by the Assetz Property Group.
Soul & Soil By Assetz | Assetz Sora & Saki | Assetz The Retreat |
Assetz Atmos & Aura | Assetz 63 Degree East | Assetz Canvas & Cove |
Sowparnika Group
Sowparnika Group has 20+ years of experience in delivering excellent properties across Bangalore, Kerala, and Tamil Nadu. It has completed 50+ projects since its inception and has served 10,000+ happy families. There are 25+ ongoing projects with over 5 million sq. ft. of land under development. The brand is synonymous with class and affordability. Below are the best projects by the Sowparnika Group.
Sowparnika Euphoria | Sowparnika Ashiyana | Sowparnika Indradhanush |
Sowparnika Olivia Nest | Sowparnika Life On The Green | Sowparnika Pranithi |
Sumadhura Group
Sumadhura Group has been known for delivering superior projects with excellence and customer-centricity for the last three decades. Their projects are smartly designed with unmatched quality and located in sublime locations. It has delivered 50+ projects spanning 11 million sq. ft. Currently, around 40 million sq. ft. is under planning and development. Below are the best projects by the Sumadhura Group.
Sumadhura The Olympus | Gardens By The Brook | Sumadhura Sarang |
Sumadhura Epitome | Sumadhura Horizon | Sumadhura Aspire Aurum |
Godrej Properties
Godrej Properties is one of the reputed developers in the Indian real estate industry. The developer has an incredible legacy of the 127-year old Godrej Group. The projects designed by Godrej Properties are known for their innovation, top-notch technology, quality, and sustainability. It has 65+ projects across India. Below are the best projects by the Godrej Properties.
Godrej Ananda | Godrej Elevate | Godrej Woodscapes |
Godrej Park Retreat | Godrej Royal Woods | Godrej Aqua |
Shriram Properties
Shriram Properties is a pioneering real estate developer in South India. It is known for developing aspirational mid-range and premium residential projects. Founded in 2000, the group has a presence in Bangalore, Coimbatore, Visakhapatnam, Chennai, and Kolkata. It has delivered 46 projects spanning 25 million sq. ft. of area, and 42 projects are under development. Below are the best projects by the Shriram Properties.
Shriram The Poem | Shriram Codename Yuva | Shriram Chirping Grove |
Shriram Liberty Square | Shriram Hebbal One | Shriram Serenity |
Provident Housing
Provident Housing is one of the renowned developers in Bangalore. They design homes with precision, considering every need and comfort of the residents. They are known for developing flourishing communities that are modern and sustainable. It has a presence across Bangalore, Chennai, Mumbai, Pune, Goa, etc. With 16+ years in the industry, it has delivered 12,500+ homes and is developing 11,000+ homes. Below are the best projects by the Provident Housing.
Provident Botanico | Provident Ecopolitan | Provident Park One |
Provident Woodfield | Provident Central Park | Provident Capella |
High-End Segments Dominate Bangalore Real Estate
Bangalore has witnessed a steadfast momentum in real estate growth. The main highlight in 2024 was the robust demand for premium and high-end properties. The ₹ 1 crore – ₹ 2 crores segment and ₹ 2 crores – ₹ 5 crores segment were the centre of attraction for homebuyers in Bangalore.
Homebuyers prefer to buy property in Bangalore priced above ₹ 1 crore. They are opting for expansive layouts in gated communities rather than smaller carpet areas. The ₹ 1 crore – ₹ 2 crores segment contributed to 35% of total sales in Bangalore in H2 2024. Apart from this, the properties priced between ₹ 2 crores – ₹ 5 crores constituted 21% in H2 2024, compared to 11% in H2 2023.
This sentimental shift of homebuyers can be attributed to the need for luxury residences, larger spaces, and top-notch gated communities. This also reflects the impact of affluent demographics in Bangalore. The high net-worth individuals and entrepreneurs are looking for ultra-luxury properties for huge carpet areas and exclusivity.
As stated in Cushman and Wakefield Residential Q4 Report, there were no major launches in the affordable housing segment in Bangalore. Rather, the mid-segment properties and luxury properties contributed to 54% and 40% of annual launches, respectively, in 2024.
What Is The Future Of Real Estate In Bangalore?
The future of real estate in Bangalore will be driven by the luxury segments, IT hubs, and booming infrastructure. Their prices are assumed to rise by 2% – 4% in the H1 2025. The demand for affordable housing kept declining, whereas premium properties are gaining traction in key micro markets of Bangalore. The improving metro and road connectivity will accelerate the demand for properties in emerging markets on the outskirts.
Also read this: Mumbai City vs Bangalore
FAQs
What is the current scenario of Bangalore real estate?
Bangalore real estate is swiftly growing with resilience and adaptability. Homebuyers and working professionals are opting for larger homes for end use and rentals. The outskirts of key micro markets are gaining popularity due to affordability and ongoing metro developments. |
What is the average property price growth in Bangalore?
Property rates in Bangalore increased by 12% YoY in 2024. |
Is it good to opt for real estate investment in Bangalore in 2025?
Investment in Bangalore real estate in 2025 as the property prices are assured to appreciate in the coming time. Ongoing infrastructure developments, dynamic economic status, and the presence of commercial hubs are driving the growth of this real estate market. |
What is the price range of premium properties in Bangalore?
The prices of premium properties in Bangalore range between ₹ 70 Lakhs – ₹ 2 Crores, depending on the project type, location, and carpet areas. |
Which are the renowned real estate developers in Bangalore?
Some of the best real estate developers in Bangalore are Purvankara Group, Brigade Group, Sobha Limited, Provident Housing, Godrej Properties, Lodha Group, Prestige Group, etc. |
Which are the top projects by Sumadhura Group in Bangalore?
The top projects by Sumadhura Group in Bangalore are Sumadhura The Olympus, Sumadhura Gardens By The Brook, Sumadhura Sarang, Sumadhura Epitome, etc. |
How is the rental growth in the Bangalore real estate market?
The rental value in Bangalore increased by 10% YoY in 2024. North and East Bangalore contributed to major rental growth due to the presence of IT hubs in the vicinity. |