Bengaluru records fourth highest residential price growth globally: Knight Frank Report
Bengaluru: Bengaluru has emerged as the fourth most expensive city globally in terms of annual residential price growth, trailing only Seoul, Dubai, and Tokyo, as of March 2025, according to a new report by property consultancy Knight Frank.
Between April 2024 and March 2025, the city’s prime residential prices rose by 8.3%, the highest among Indian cities. On a quarterly basis, Bengaluru also posted a robust 7.2% increase in housing prices, the report cited by Deccan Herald noted.
The consistent rise in prices highlights strong end-user demand, particularly in the premium housing segment, driven largely by domestic buyers, the report said.
“As interest rates soften and buyer sentiment strengthens further, we expect prime residential demand to remain resilient and forward-looking,” DH quoted Shishir Baijal, Chairman and Managing Director, Knight Frank India, as saying.
Seoul, leading globally, recorded an annual surge of 18.4%, followed by Dubai at 16.4% and Tokyo at 15.5%. These were the only cities to experience double-digit growth.
Other Indian cities also made it to the list: Mumbai ranked fifth globally with a 7.6% annual increase, while Delhi placed 15th with a 3.9% rise, as of March-end.
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Speaker UT Khader attends local cricket tournament during Bhatkal visit
Bhatkal: Speaker of the Karnataka Legislative Assembly U. T. Khader visited Bhatkal in Uttara Kannada district on Saturday and attended a local cricket match being played as part of a tournament organised by the Cosmos Sports Centre of Bhatkal.
After attending a programme at Anjuman Hami-E-Muslimeen, Khader proceeded to the Bhatkal Taluka Stadium, where the tournament is underway. He was accompanied by office-bearers of the Cosmos Sports Centre and several local community leaders.
Those present during the visit included President of Majlis-e-Islah Wa Tanzeem and former JD(S) leader Inayathullah Shabandri, Vice President of Tanzeem Atiqur Rahman Muniri, General Secretary Abdul Raqeeb MJ, President of Cosmos Sports Centre Ismail Anjum, Managing Director of Mohtisham Complexes S. M. Arshad, former president of the Bhatkal Muslim Youth Federation Imtiyaz Udyawar, among others.
Addressing players and organisers, Khader extended his best wishes to the participating teams and urged the players to uphold the spirit of sportsmanship. He said such tournaments help promote unity and brotherhood among the youth.
The cricket tournament began on November 21 and will conclude with the final match on December 21. It is being organised as part of the golden jubilee celebrations of the Cosmos Sports Centre.
Cosmos Sports Centre is one of the member clubs of the Bhatkal Muslim Youth Federation and is known for its active role in promoting sports in the town. Apart from sporting activities, the centre is also involved in various social and community initiatives, including efforts to promote education among students.
