Sudarshan Kapoor, an IT professional based in Bengaluru, recently invested in a villa near Whitefield, the city’s bustling eastern IT corridor. Having worked in the sector for four years, Kapoor finally made his first foray into real estate, purchasing a duplex villa spanning 1,800 sq. ft. for ₹3.5 crore.
“This is my first real estate investment, and I always aspired to own a villa for the status it brings and the luxury amenities that come with it,” Kapoor shared.
A Decade of Transformation in Villa Demand
Once considered a luxury accessible to only a select few, villas in Bengaluru have seen a dramatic increase in demand over the last decade. According to local brokers, developers have shifted their focus to cater to the growing interest by launching villa projects priced between ₹2 crore and ₹5 crore.
Pandemic-Driven Evolution in Housing Preferences
The pandemic played a pivotal role in changing how buyers perceive villas. No longer limited to high-end luxury, the villa segment now includes both luxury and affordable options. Villas have always been marketed as lifestyle products, offering buyers the ownership of both the unit and the land it occupies.
Manjesh S Rao, Chief Real Estate Officer at BrokerInBlue, explained the evolution of this housing segment. “Earlier, villas spread across 3,000 sq. ft. and priced above ₹10 crore dominated the market. These properties often included private backyards, terraces, and space for luxury amenities like swimming pools or zen gardens,” Rao said.
In contrast, today’s villas are more compact, typically ranging from 1,500 to 2,000 sq. ft., and are priced between ₹2 crore and ₹5 crore. “The reduced size has made villas more accessible to a wider audience,” Rao added.
Surging Demand for Mid-Range Villas
Brokers report a significant uptick in demand for villas priced within ₹5 crore, with interest surging by 20-25% since the pandemic. This growing trend reflects a shift in buyer preferences towards properties that combine luxury, space, and affordability.
As Bengaluru continues to evolve as a real estate hub, the demand for villas is expected to rise further, driven by IT professionals, returning NRIs, and families seeking a premium lifestyle in the city’s thriving suburban areas.