1.Bengaluru, frequently dubbed the” Silicon Valley of India,” has surfaced as a hustler in the global real estate geography. With its booming IT sector, rapid-fire urbanization, and growing appeal to Non-Resident Indians (NRIs), the megacity’s property request is decreasingly drawing global cities comparison like London and New York.
But how does Bengaluru truly mound up against these iconic metropolises in terms of property prices, investment eventuality, economic factors, and request dynamics?
In this blog, we’ll explore recent checks and statistics to compare Bengaluru’s property request with the London real estate market, while also pressing why NRIs should consider investing in Bengaluru parcels.
Property Prices Bangalore’s Rising Costs vs. Global Titans
One of the most striking aspects of Bengaluru property market demand is its rising property prices, particularly in the megacity’s external regions. A viral Reddit post from March 2025 noted that a 3BHK apartment on Bengaluru’s outskirts now costs between ₹ 2- 2.5 cores (roughly$ 240,000-$ 300,000 USD).
This figure has sparked debates, as it aligns nearly with entry- position property prices in the corridor of New York real estate market. For case, in London, a modest one- bedroom flat in external megalopolises like Croydon can start at£ 250,000($ 315,000 USD), while in New York, an analogous apartment in areas like Queens might range from$ 300,000-$ 400,000 USD.
In 2024, Bengaluru’s average domestic price floated around ₹ 8,151 per square bottom, according to the reports. In discrepancy, London’s normal is£ 700-£ 1,000 per square bottom ($ 9,000-$ 13,000 USD), and Manhattan’s exceeds$ 1,500 per square bottom. This difference highlights that while Bengaluru’s property costs are rising, they still offer more space and value for plutocrat compared to these global capitals.
Market Trends and Demand: A Story of Growth
Recent checks emphasize Bengaluru’s robust real estate growth. According to JLL’s Q1 2024 report, Bengaluru recorded a 30 time- on- time increase in domestic deals, with 16,995 units vended, outpacing numerous Indian metropolises. The megacity’s marketable real estate request is inversely emotional. Posts on X from 2020, citing CBRE data, claimed Bengaluru absorbed 70.2 million square bases of marketable space over five times — surpassing the combined immersion of London, New York, Singapore, Beijing, and Hong Kong( 69.3 million square bases). While this market analysis reflects a literal peak, it signals Bengaluru’s enduring appeal as a tech- driven request.
NRI Investment Returns: Where Does Bengaluru Stand?
For investors, returns are a critical metric. In Bengaluru, the domestic request offers rental yields of 3- 6, with areas like Electronic City and Whitefield leading the pack, per a 99acres report. Capital appreciation is also promising, with prices rising 11- 12 times in 2023, as noted by Seedwill Consulting.
A Reddit stoner in 2025 remarked, “The stylish decision I’ve made once 5 times isn’t to invest in Bangalore real estate unless there’s a 20- 30 correction.” While this reflects caution, it also underscores a request ripe for concession — commodity less doable in London or New York, where prices are less flexible due to settled demand.
Why NRIs Should Get Investment Opportunities in Bengaluru Properties
1. Economic Growth and Stability
Bengaluru’s status as India’s IT hub ensures a steady affluence of professionals, driving casing demand. India’s GDP growth of 6.1 in 2023, projected to hit 6.5 by FY24, bolsters this trend. For NRIs, this profitable stability offers secure investment geography compared to unpredictable requests abroad.
2. Affordability and Appreciation Implicit
Unlike London and New York, where sky-high prices limit availability, Bengaluru provides affordable entry points with significant downside. A luxury real estate in North Bengaluru, priced at ₹ 3- 10 crore, caters to NRIs seeking decoration homes, with appreciation outpacing numerous global metropolises.
3. Strong NRI Demand and structure
Checks like NoBroker’s 2025 report show North Bengaluru as a top NRI investment spot, with 39.7 favoring the area due to its propinquity to the transnational field and forthcoming metro expansions. Structure systems like Namma Metro Phase 2 and the Peripheral Ring Road enhance connectivity, boosting property values.
4. Emotional and Practical Ties
For NRIs, investing in Bengaluru is frequently about further than profit — it’s about maintaining roots. As one NRI told Hindustan Times in 2025, “I bought a flat in Yelahanka for ₹ 3 crore as an alternate home until I return.” This mix of sentiment and strategy is a unique draw.
Conclusion
Bengaluru’s property demand doesn’t yet rival London or New York in sheer scale or prestige, but it holds its own with competitive pricing, fast urban development, and investor-friendly dynamics. Recent statistics punctuate its ascent, from record- breaking marketable immersion to domestic deals surges. For NRIs, the megacity offers a rare blend of affordability, appreciation, eventuality, and emotional resonance — making it a name choice in a globalized world. While London and New York remain marks of luxury and stability, Bengaluru is sculpting a niche as a vibrant, accessible volition for the smart investor.