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The scarcity of luxury homes in Bangalore s Silicon Valley is posing a challenge for high-net-worth individuals, including startup founders, who are looking to invest in the city. Property brokers have noted that there is a lack of ready-to-move-in inventory or nearing-completion assets in this segment. However, the demand for luxury properties remains high, driven by senior management and startup founders who have liquidated their ESOPs. Prices for prime localities have also increased, with areas like Koramangala 3rd block selling at Rs 60,000 per sq ft. The trend of purchasing luxury homes is expected to continue in the coming years, fueled by the growing startup ecosystem in India.

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