Apartment sales in Bengaluru rise 16 pc in Jan-Jun to 35K units, highest among top 7 cities: JLL

Bengaluru's housing market saw a 16% jump in apartment sales in the first half of the year, reaching 35,017 units. This surge was driven by increased buyer interest and a significant rise in new property offerings.
Key takeaways
- Bengaluru leads major Indian cities in apartment sales
- Sales increased 16% in the first six months
- Higher new property supply supported sales growth
- Demand is shifting towards higher-end residences
Why it matters
This real estate trend indicates a growing demand for premium housing in Bengaluru, potentially impacting the cost of living and availability of rentals for tech professionals. It suggests a city diversifying beyond its IT core, influencing urban development and infrastructure needs.
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