



Bengaluru's luxury real estate market witnessed a dramatic leap in 2025, driven by ultra-wealthy homebuyers, expanding wealth creation in technology and investment circles, and rising appetite for exclusive residential assets. From rare land parcels in the city's central business district to ultra-premium penthouses and high-value duplex apartments, a series of marquee transactions underscored Bengaluru's growing stature as one of India's most active luxury housing hubs.
One of the most notable transactions of the year took place in the upscale Shantala Nagar locality on Lavelle Road, where Manipal Group chairman Ranjan Pai, through his investment firm Esencia Partners, acquired a prime property for ₹165.6 crore. The plot measures 25,824 sq ft and includes two existing buildings of around 3,339.9 sq ft each.
Situated close to UB City, Cubbon Park and Vittal Mallya Road, the parcel ranks among the few remaining high-value land assets in Bengaluru's CBD. The deal highlights the premium commanded by centrally located plots, where scarcity, brand value, and redevelopment potential continue to drive valuation.
Another high-profile luxury purchase was recorded at the 27 Summit project in Sampangiram Nagar, where Paresh Raja, CEO of UK-based Market Financial Solutions, acquired a luxury penthouse for ₹54.38 crore, according to documents accessed via Zapkey.
The duplex penthouse spans 7,065 sq ft of carpet area across the 25th and 26th floors, with a super built-up area of 10,629 sq ft. The transaction reflects a carpet area rate of approximately ₹77,000 per sq ft and a super built-up rate of nearly ₹51,170 per sq ft, placing it among the highest-priced apartment deals in Bengaluru to date.
Industry observers' note that such pricing is driven by limited-supply branded residences, exclusive layouts, premium central-city locations, and lifestyle-oriented amenities sought by high-net-worth end-users and global investors.
Adding to the year's luxury transaction streak, a marquee duplex apartment in Jayamahal Extension was purchased for ₹64 crore by Shruti Pai, wife of Manipal Group chairman Ranjan Pai. As per Zapkey transaction records, the deal stands out as one of the most expensive residential purchases registered in the neighbourhood.
The transaction further reinforces the demand trend for expansive luxury residences in established, heritage-rich neighbourhoods with strong social infrastructure and exclusivity appeal.
Analysts attribute Bengaluru's surge in luxury housing activity to the rising number of ultra-wealthy individuals, entrepreneurial wealth creation, and the city's maturing global corporate and technology ecosystem. Increasing demand for lifestyle-centric, low-density residences and premium urban locations is reshaping high-value property investments across the city.
The series of high-value transactions through 2025, spanning CBD land acquisitions, record-priced penthouses, and luxury duplex purchases, firmly positions Bengaluru as a thriving market for top-tier residential real estate. With expanding wealth among business leaders and global investors, the city's luxury property segment appears poised for sustained growth, stronger valuations, and continued interest in premium, limited-supply assets.
