Gunjur Emerges as a Thriving Housing Market in Bengaluru with 146% Price Growth
Gunjur, located in the eastern suburbs of Bengaluru, has seen a remarkable 146% increase in property prices over the past four years. With 9,031 launches and 7,635 sales since 2020, the area is rapidly becoming a real estate hotspot.
GunjurBengaluruReal EstateProperty PricesInfrastructureReal Estate NewsAug 29, 2025
As many as 9,031 units have been launched in Gunjur since early 2022, and 7,635 homes have already been sold by the second quarter of 2025, data shows. The momentum in the Gunjur micro-market is driven by its strategic location near Bengaluru’s IT hubs—Whitefield, Brookfield, Sarjapur Road, and Outer Ring Road—along with significant infrastructure upgrades.
The micro-market has attracted a large number of IT and start-up professionals, pushing sales up by 10% in 2024 to 2,828 units. In the first six months of 2025, 1,100 homes were sold, further solidifying Gunjur’s position as a sought-after residential area.
“From excellent connectivity to all parts of the city to the presence of social infrastructure like schools, colleges, hospitals, and entertainment hubs, Gunjur offers the advantage of nature-inspired living with open and green spaces, as well as future growth potential,” said Umesh Gowda HA, chairman and founder of Sanjeevini Group.
Bengaluru witnessed a significant increase in office leasing in 2024, with 21.7 million sq ft of leases, 39% higher than the previous year. This growth has fueled housing demand in peripheral neighborhoods like Gunjur, attracting not only end-users but also long-term investors looking for capital appreciation and rental returns.
Infrastructure projects have played a crucial role in reinforcing Gunjur’s rise. Arterial links such as the Peripheral Ring Road (PRR), Gunjur Palya Road, and Varthur-Sarjapur Road have enhanced the locality’s connectivity with the city’s transit grid. Gowda noted that the upcoming Bengaluru Business Corridor, a six-lane expressway (previously known as the Peripheral Ring Road), is expected to reduce travel time to the Kempegowda International Airport and provide seamless access to the northern and western parts of the city and IT corridors.
In the first half of 2025, developers launched 1,522 units in Gunjur, nearly two-thirds of the entire 2024 supply. Between 2020 and 2024, launches reached 8,558 units, a 150% increase from 2015–19. Across Bengaluru, the housing market continues to expand. In the second quarter, housing launches climbed 18% year-on-year to 19,464 units, although sales remained flat. Absorption also surged in Gunjur, with 7,745 units sold in the same period, a 103% increase over the previous cycle.
“The Rs 1 crore–Rs 2 crore segment of 3BHK homes remains the dominant product category, reflecting demand from people seeking quality living with long-term appreciation potential. Sanjeevini Group has received RERA approval for a luxury housing project in the area,” Gowda added.
Gunjur’s transformation into a real estate magnet is a testament to the city’s ongoing development and the strategic vision of local developers. With its combination of natural beauty, robust infrastructure, and proximity to key business districts, Gunjur is poised to remain a top choice for homebuyers and investors in the coming years.
Frequently Asked Questions
What is the percentage increase in property prices in Gunjur over the past four years?
Property prices in Gunjur have increased by 146% over the past four years, from Rs 4,800 per square foot in 2020 to Rs 11,850 in 2024.
How many units have been launched and sold in Gunjur since 2020?
Since 2020, 9,031 units have been launched and 7,635 units have been sold in Gunjur.
What factors are driving the growth in Gunjur's housing market?
The growth in Gunjur's housing market is driven by its proximity to IT hubs, significant infrastructure upgrades, and the presence of social infrastructure like schools, colleges, hospitals, and entertainment hubs.
What is the dominant product category in Gunjur's housing market?
The Rs 1 crore–Rs 2 crore segment of 3BHK homes is the dominant product category in Gunjur's housing market, reflecting demand for quality living with long-term appreciation potential.
What infrastructure projects are contributing to Gunjur's development?
Key infrastructure projects contributing to Gunjur's development include the Peripheral Ring Road (PRR), Gunjur Palya Road, Varthur-Sarjapur Road, and the upcoming Bengaluru Business Corridor, a six-lane expressway.
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