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

Bengaluru witnessed sales of 35,017 apartments during the January-June period this year, highest among seven major cities in the country, on better demand as well as higher fresh supply, according to JLL.

Real estate consultant JLL India data showed that the country’s residential market demonstrated resilience in the first half of this year, with sales volume increasing 3 per cent to 1,38,382 units across seven major cities compared to the same period last year.

Mumbai includes Mumbai city, Mumbai suburbs, Thane city, and Navi Mumbai, while Delhi-NCR includes Delhi, Gurugram, Noida, Greater Noida, Ghaziabad, Faridabad and Sohna. The data includes only apartments. Rowhouses, villas and plotted developments are excluded from the analysis.

JLL noted that Bengaluru led in sales of apartments during the January-June period, with a 16 per cent year-on-year increase in sales to 35,017 units, demonstrating the strength of these markets despite broader headwinds. The fresh supply of flats also rose 41 per cent to 48,748 units.

Siva Krishnan, Senior Managing Director (Chennai and Coimbatore), Head- Residential Services, India at JLL noted that the fundamentals of the housing market remain compelling as sustained urbanisation, infrastructure development and rising aspirations continue to drive homebuying decisions.

"What is particularly encouraging is the shift towards quality and quantum, with the Rs 1-3 crore segment surging 58 per cent year-on-year (YoY), demonstrating that buyers are increasingly willing to invest in well-located, premium developments that offer long-term value," he added.

Commenting on the Bengaluru market data, Shivam Agarwal, VP - Strategy of realty firm Sattva Group, noted that Bengaluru's sustained residential growth reflects the strength of its economic fundamentals and enduring end-user demand.

"Today’s homebuyers are looking beyond ownership to developments that offer quality, connectivity and a superior living experience, reinforcing the growing demand for thoughtfully planned, future-ready communities," he added.

Madhusudhan G, CMD of Sumadhura Group, said this sustained demand highlights the confidence homebuyers continue to place in the city, driven by its strong employment ecosystem, expanding Global Capability Centres (GCCs), infrastructure improvements and long-term growth prospects.

"The market is witnessing a clear shift towards premium, experience-led housing, where lifestyle has become as important as location," he added.

Sunil Pareek, Executive Director of Assetz Property Group said the Bengaluru city is moving beyond its traditional identity as an IT-services hub, emerging as a mature, diversified tech economy supported by GCCs, AI, deep-tech and other high-value sectors.

"Demand is also becoming more segmented. While affordability and connectivity remain key for a section of buyers, senior GCC professionals, product leaders and tech entrepreneurs are increasingly seeking larger, more experiential homes with a stronger emphasis on sustainability, smart-home features and community infrastructure," he said.