Bengaluru has always been a burgeoning real estate market and a preferred option for a major chunk of homebuyers who actively look to settle close to their workplace. With major corporate offices coming up in the city, the tech sector has strongly influenced the homebuying sentiments in the city and continues to do so, in spite of the dip the market has faced during the pandemic.

In the last quarter of 2021, the city recorded the launch of 7,000-plus new residential units indicating the improving confidence of developers. Most of the demand, 76 per cent, is for 2BHK and 3BHK units, and a large number, 45 per cent, wants independent houses. In terms of price points, Rs 60 lakh-3 crore has the most takers.