Bengaluru, India — Bengaluru’s residential real estate market is witnessing a robust demand in its luxury and premium segment, with ultra-high-net-worth individuals (HNIs) and billionaires increasingly investing in multi-crore homes in prime micro-markets such as Whitefield, Koramangala and other coveted locales. This trend highlights the city’s enduring appeal at the top end of the housing market amid strong economic fundamentals and evolving lifestyle preferences.
Billionaires and Multi-Crore Homes Fuel Market Prestige
In the latest highlight of Bengaluru’s ultra-luxury housing segment, several of the city’s most influential business leaders have chosen iconic addresses as personal residences. Prominent names include Azim Premji, whose Whitefield farmhouse is valued at nearly ₹350 crore, and Infosys co-founder N.R. Narayana Murthy, owning an over ₹50-crore apartment in Kingfisher Towers. Similarly, Sachin Bansal’s Koramangala mansion contributes to the area’s moniker as “Billionaire Street,” underscoring how wealth consolidation and prestige living are shaping residential preferences in elite pockets of the city.
Prime Locations Command Premium Valuations
Whitefield and Koramangala, along with central and East Bengaluru neighborhoods such as Indiranagar and Old Airport Road, continue to attract significant capital values and luxury project launches. Industry data indicate these micro-markets have recorded a steady rise in luxury property launches and sales, driven by strong absorption from HNIs, tech executives, entrepreneurs, and NRI buyers.
Bengaluru’s luxury housing segment — typically defined as units priced at ₹10 crore and above — has crossed substantial milestones, with over ₹1,000 crore in annual luxury home sales recorded in recent market reports. Areas such as Hebbal and Domlur have also emerged as emerging luxury hubs, reflecting diversification in high-end residential demand beyond traditional locales.
Developer Confidence and New Premium Projects
Responding to the strong appetite for luxury living, developers are actively expanding premium residential supply. This includes high-end launches in key corridors and mixed-use developments with significant price tags. Premium projects under development span large-scale township formats and high-rise apartments, often featuring world-class amenities tailored to affluent buyers.
In addition to standalone luxury homes, branded luxury residences with bespoke amenities draw attention from both domestic buyers and global investors — a dynamic underscoring Bengaluru’s broader cosmopolitan growth trajectory.