Synopsis: Bengaluru’s ultra-luxury real estate segment comprises of HNIs investing heavily in villas, premium apartments and landmark commercial properties. This article covers the city’s priciest deals since 2024 and key micro-markets driving the demand.
Bengaluru’s luxury property scene is buzzing, with founders and executives snapping up some of the city’s most coveted homes. These deals show that prime locations and privacy are worth every crore.
Key High-Value Transactions
1. Ajit Isaac- Koramangala Land Deal
Key details
- Buyer: Ajit Isaac, Chairman & MD, Quess Corp
- Location: 3rd Block, Koramangala, Bengaluru
- Deal value: ₹67.5 crore
In April 2024, Ajit Isaac picked up a 10,000 sq ft land parcel in Koramangala’s third block, one of Bengaluru’s most tightly held residential pockets. The deal worked out to roughly ₹70,300 per sq ft, making it among the costliest residential land transactions the city has seen. Often called Bengaluru’s “Billionaire Street”, the area is known for its ultra-low land availability and high-profile residents, which continues to push prices to new highs. The purchase quietly reflects how central Bengaluru land is now treated less as real estate and more as a long-term wealth asset.
2. N.R. Narayana Murthy – Kingfisher Towers Apartment
Key details
- Buyer: N.R. Narayana Murthy, Founder, Infosys
- Location: Kingfisher Towers, UB City, Bengaluru
- Deal value: approx ₹50 crore
In December 2024, Infosys founder N.R. Narayana Murthy acquired his second luxury apartment in Kingfisher Towers, Bengaluru’s most iconic residential address. The apartment, spread over roughly 8,400 sq ft, was bought at an effective price of about ₹59,500 per sq ft, underlining the premium commanded by trophy properties in the UB City belt. Known for its limited inventory, privacy, and long-standing elite appeal, Kingfisher Towers continues to attract legacy wealth rather than speculative buyers. The purchase reflects a clear preference for landmark residences that offer stability, exclusivity, and long-term value over sheer scale.
3. Ranjan Pai – Lavelle Road Property Deal
Key details
- Buyer: Ranjan Pai, Chairman, Manipal Group (via Esencia Partners)
- Location: Lavelle Road, central Bengaluru
- Deal value: ₹165.6 crore
In September 2025, Ranjan Pai, through his investment firm Esencia Partners, acquired a 25,824 sq ft property with an old bungalow on Lavelle Road, one of Bengaluru’s most prestigious residential streets. The transaction, valued at ₹165.6 crore, worked out to roughly ₹64,000 per sq ft, making it among the city’s most expensive residential property deals. Lavelle Road’s central location, near UB City, coupled with near-zero availability of large land parcels, has turned such assets into rare trophy holdings. The purchase highlights how ultra-wealthy buyers are increasingly prioritising irreplaceable central-city land over new luxury developments, reinforcing Lavelle Road’s status as a legacy address.
Also read: Emerging Tier-3 Cities Leading India’s Next Industrial Expansion in 2026
4. Indiranagar – Defence Colony Independent House Deal
Key details
- Buyer: Not disclosed
- Location: Defence Colony, Indiranagar, Bengaluru
- Deal value: approx ₹47.5 crore
In August 2024, an independent residential house in Defence Colony, Indiranagar, changed hands for about ₹47.5 crore, making it one of the priciest home sales in the locality. The property sits on an 8,800 sq ft land parcel, with the valuation driven largely by land rather than the built structure. Defence Colony is among Indiranagar’s most exclusive residential pockets, known for its quiet streets and extremely limited supply of standalone homes. The transaction reinforces a growing trend in central Bengaluru, where buyers are willing to pay a steep premium for privacy, land ownership, and established neighborhoods over high-rise luxury living.
5. Amit Anchal- Adarsh Palm Retreat Villa
Key details
- Buyer: Amit Anchal, Ola Group executive
- Location: Adarsh Palm Retreat, Marathahalli, Bengaluru
- Deal value: ₹13.5 crore
In 2024, Amit Anchal, a senior executive with the Ola Group, purchased a luxury villa in Adarsh Palm Retreat, Marathahalli for about ₹13.5 crore, marking one of the notable luxury home deals outside central Bengaluru. The villa, set within a premium gated community, reflects the rising preference among tech and corporate leaders for spacious, standalone homes with lifestyle amenities rather than traditional city-centre apartments. While the ticket size here is lower compared to ultra-prime deals in Koramangala or UB City, this transaction highlights how luxury residential demand has broadened to include high-end suburban enclaves, especially among senior industry executives seeking both space and quality of life.
Conclusion
These high-end purchases show a clear shift toward long-term value rather than just big homes. With land so limited in the best areas, such deals are setting the pace for the city’s luxury market.
Written by Aditee Das
