The Information Technology (IT) sector has always played a major role in India’s economic growth. Over the years, India’s strong IT capabilities have made it one of the world’s largest exporters of technology services. As the Silicon Valley of India, Bangalore continues to attract global IT companies, startups, and skilled professionals, creating steady job opportunities across the city.
With rising employment and continuous hiring in the IT and ITES sectors, Bangalore’s real estate market has witnessed strong growth. As of 2026, increased salaries, stable job security, and long-term work contracts have directly contributed to higher demand for both residential and commercial properties. Developers have responded by launching new housing projects across different price segments, making Bangalore one of the most active housing markets in India.
In this article, you will learn how the IT industry has reshaped Bangalore’s real estate market, influenced housing demand, and driven price growth across key residential locations.
Table of contents
Impact of IT Sector on Real Estate
Many global IT firms and multinational companies have established their offices in Bangalore. Companies such as IBM, Infosys, Google, Microsoft, and several others have strengthened the city’s IT ecosystem. As office spaces expanded, the need for residential housing near major employment hubs also increased.
The continuous relocation of professionals to Bangalore has significantly boosted demand for homes, both for buying and renting. Salary hikes and long-term job stability in the IT sector have encouraged employees to invest in property rather than rely only on rental housing. This rising demand has given developers the confidence to launch new residential projects across the city.
As of 2026, Bangalore remains one of the preferred destinations for new IT firms and startups, further supporting housing demand. Experts also believe that stable tax structures and reduced transaction-related burdens have made property purchases more accessible for homebuyers, helping the market maintain positive momentum.
Affordable Housing Locations for IT Industry Employees
Bangalore is one of the fastest-growing metropolitan cities in India. The strategically built infrastructure is the major reason behind the growth of affluent and affordable housing segments in Bangalore. Additionally, the demand for human resources in the IT segment/market has made many professionals come to the city and start their livelihood.
The city has accommodation for all, from low-income to high-income groups or people with salary hikes in the IT sector. Here are a few places that are residential hot spots for IT professionals.
- Whitefield
- Electronic City
- Koramangala
- Rajaji Nagar
- Ulsoor
- Bannerghatta Road
- Hennur
- North Bangalore
- Benson Town
- Indira Nagar
- Richmond Town
- Basavanagudi
- Malleshwaram
- Horamavu
- Mysore Road
- Magadi Road
Price Escalation for Residential Property Market
As of 2026, residential property prices in Bangalore have increased steadily due to sustained demand from the IT workforce. The average residential property price in the city is now around ₹9,800 per sq ft.
Emerging and peripheral areas: ₹5,500 – ₹8,000 per sq ft
Mid-range residential localities: ₹7,000 – ₹10,500 per sq ft
Prime and IT-driven micro-markets: ₹11,000 – ₹22,000+ per sq ft
Ready-to-move-in homes have seen price appreciation of around 15–25% over the last few years, while newly launched projects have recorded an increase of 5–8%, depending on location and project quality.
After the post-pandemic period, salary growth in the IT sector encouraged professionals to explore investment options. While many initially invested in equity markets, market corrections pushed buyers toward real estate as a more stable and long-term asset. This shift further strengthened demand for residential properties in Bangalore.
Record-Breaking Sales for Real Estate Leaders in Bangalore
Bangalore’s leading real estate developers have reported strong sales growth in recent years. As of FY 2025–26, several developers recorded double-digit year-on-year growth in residential sales, supported by strong IT hiring and improved buyer confidence.
Prestige Group, Brigade Group, Puravankara, and Shriram Properties have all benefited from this demand. Prestige Group alone recorded residential sales worth over ₹10,000 crore in recent financial years, driven largely by projects near major IT corridors.
Shriram Properties also reported strong performance, with residential sales volumes crossing 3.5 million square feet annually, supported by multiple new project launches. These numbers reflect how closely the growth of Bangalore’s real estate market is linked to the expansion of the IT sector.
Bottom Line
The continuous growth of the IT sector has created a win-win situation for both homebuyers and developers in Bangalore. Increased employment, stable salaries, and long-term job prospects have strengthened housing demand across the city. Developers, in turn, have been able to clear inventory and launch new projects across multiple budget segments.
With improved infrastructure, better connectivity, and sustained IT-led demand, Bangalore’s residential real estate market remains one of the strongest in India. The IT industry’s contribution continues to play a crucial role in shaping the city’s housing landscape, making Bangalore an attractive place to live, work, and invest in 2026 and beyond.
