Bengaluru’s Real Estate Triumph: A 30% Spike in Home Sales Value
Wednesday, 11 September 2024, 02:17
Bengaluru’s Real Estate Surge in Q2 2024
The real estate market in Bengaluru has witnessed a remarkable turnaround during the April to June quarter of 2024. According to a recent report by Square Yards, the total value of registered home sales in Bengaluru surged by 30% quarter-on-quarter, reaching an astonishing ₹19,631 crore.
Driving Factors Behind the Growth
- Persistent demand for residential properties
- Government incentives and policies
- Increased buyer confidence post-pandemic
This significant leap in sales value indicates a strong recovery and evolving preferences among homebuyers, making Bengaluru an attractive destination for real estate investment.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.