Luxury Apartments in Bangalore Have Increased 142% Sales This Year.
In Bengaluru, sales of luxury properties costing more than Rs 1.5 crore increased 142% in the first nine months of this calendar year. According to data from Anarock, a property consulting business, on luxury home sales in seven cities, including Bengaluru, a record 9,220 luxury residences were sold in the city between January and September this year, up from 3,810 homes sold in the same time in 2022.
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Luxury Apartments in Bangalore have Approximately 84,400 units were sold in the seven cities by the end of September. Among the major cities, Hyderabad experienced a 260% growth, while Chennai experienced a 143% increase. More mature markets, such as Mumbai (MMR) and NCR, experienced more consistent growth.
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