India, May 7 -- Bengaluru's luxury residential market became more expensive in 2025, with Rs.10 crore now buying 3,843 square feet of luxury housing in 2025, down by almost 3.5% from 3,983 square feet a year earlier, according to Knight Frank's Wealth Report 2026.

Among major Indian cities tracked in the report, Bengaluru recorded the sharpest annual drop in space available for Rs.10 crore, signalling the fastest pace of luxury home price appreciation.

Knight Frank said the reduction in area available across Indian cities came despite rupee depreciation, as luxury residential prices in Bengaluru, Mumbai and Delhi rose faster than currency gains. "The rupee depreciated of about 5.4%, amounting to more Rupees per USD however luxury proper...