GCC Policy Impact on Residential Real Estate in Bengaluru

Bengaluru’s residential real estate is experiencing significant growth due to the expansion of Global Capability Centres (GCCs) driven by favorable state policies. As GCCs fuel commercial growth and create high-paying jobs, demand for upscale housing, smart homes, and co-living spaces is on the rise. With infrastructure projects like KWIN city, Bengaluru’s appeal as a prime real estate market continues to grow, making it a key hub for both global businesses and homeowners.

Century Real Estate Reports Strong Growth Amid Rising Demand for Luxury Properties in Bengaluru

Century Real Estate has achieved a remarkable 2X growth in sales, surpassing ₹1,040 crores in the first half of 2024. With a focus on luxury and aspirational properties, the company is poised to hit ₹2,000 crores in annual sales, driven by a strong demand for high-end homes in Bengaluru’s prime locations.

Bengaluru Registers Rs. 15,739 Crore in Residential Transactions in Q3 2024, North Bengaluru Leads Market Activity

Bengaluru’s residential real estate market recorded Rs. 15,739 crore in transactions during Q3 2024, reflecting a slight dip from the previous year. North Bengaluru leads in activity, while developers like Embassy and Prestige Group topped sales value. Despite a decline in total transactions, demand remains strong, driven by infrastructure development and a shift in housing preferences.