How Is Bengaluru Real Estate Delivering Robust Returns? techgraph.co
Residential unit launches rose by 14% annually, according to research by Cushman & Wakefield in the first quarter of 2024. The northern submarket experienced a 45% surge in launches, while the eastern submarket accounted for 35% of the quarterly release of units. Branded developers accounted for 53% of residential launches. The mid-segment accounted for 69% of launches. Capital values of the east, north, and southern submarkets all rose by 5-6%, with rentals growing by 7-8% in east and southeast Bengaluru every quarter.