Bengaluru leads India’s housing market with over 20,000 launches in Q1 2025
On the sales front, Bengaluru logged 15,340 units sold accounting for 24 per cent of the nationwide demand
| Photo Credit:
K BHAGYA PRAKASH
Bengaluru has emerged as the top contributor to real estate supply and demand in India, with a 25 per cent share nationwide. In Q1 2025, the city recorded its highest-ever quarterly launches with 20,434 residential units, marking a 62 per cent y-o-y increase, according to a report by real estate and investment management firm JLL.
The city’s thriving IT and start-up ecosystem, expanding employment base, and major infrastructure upgrades like the Namma Metro expansion continue to drive both supply and demand. Strong sales numbers in previous quarters have also boosted investor and developer confidence about the city’s residential market.
On the sales front, Bengaluru logged 15,340 units sold accounting for 24 per cent of the nationwide demand. Nearly 30 per cent of sales in Q1 2025 came from projects launched in the same quarter indicating buyer confidence even in early stages of construction. Bellary Road led in new project launches, while Whitefield emerged as the top-performing submarket in terms of sales.
“Sustained quarterly sales in Bengaluru have been largely driven by healthy buyer interest in projects launched during the same quarter. Interestingly, in Q1 2025, around 30 per cent of Bengaluru’s sales were contributed by projects launched during the first quarter of the year, signalling strong buyer confidence in such projects in early stages of construction” Siva Krishnan, Senior Managing Director (Chennai & Coimbatore), Head – Residential Services, India, JLL.
Premium Housing fuels growth
Apartments priced ₹1 crore and above held a dominant share of around 61 per cent in the city’s Q1 housing sales and recorded a growth of ~31 per cent y-o-y. The premium bracket (₹3–5 crore) saw a 119 per cent surge in sales, reflecting a growing appetite for luxury living.
“The consistent rise in demand for more expensive homes reflects growing wealth among property seekers, evolving lifestyle aspirations, and a shift towards prioritising spacious and high-end residences,” said Samantak Das, Chief Economist and Head of Research and REIS, India, JLL.
(Inputs by BL intern Rohan Das)
Published on May 5, 2025