The housing market is experiencing a significant boom that is supported by the real demand of end users and a prosperous economic ecosystem. While it is assumed that the total demand across the nine best cities in India is declining, the housing market in Bengalur is, according to Propequita data on a powerful ascension trajectory.
According to Propedics data, the 9 best cities of India are probably witnessed by 4 % decrease in housing sales in the quarter ending September, especially for lower demand in the bomb and Pune.
It is estimated that housing sales in Indian “Silicon Valley” in India will increase by 21 percent in July to September and reach 16,840 units. This is a significant increase compared to 13,966 units sold in the same period and a year ago, ED PTI report.
During January to September to 2025, the calendar year is likely to increase residential real estate in the corresponding period of the previous year to increase to 49,559, out of 46,392 pieces.
Growing market for housing Bengaluru
Real estate developers assume that the festive season will further increase sales in Bengalur during the fourth quarter of this calendar year, ensuring that the year closes a strong remark. This view monitors the immersion in the calendar year 2024, where the sale was 61 116 units, out of 66 600 in 2023.
The market has shown resistance from the Covid 2020 pandemic year, with sales costing only 34,480 units, but the demand was revived in the following years due to demand with stopping, with revenues to increase to 43 181 units in 2021 and 60,391 units in 2022, PTI.
On the other hand, it is estimated that total housing sales in nine cities will drop by 4 percent to 1,370 pieces during July-September 2025 compared to 1,05,081 units in the previous period.
Key drivers of demand in Bengalur
Experts in the field attribute the robust demand of Bengalur to several factors, such as its strategic position, real end users among various other economic, social and life factors.
(Tagstotranslate) housing market in Bengaluru
