Bengaluru Balconies: From Standard Feature to Luxury Amenity, Homebuyers Pay More

• Balconies in Bengaluru apartments are shrinking or disappearing, becoming a luxury feature in high-end projects.
• Rising land prices and developers' focus on maximizing saleable area are driving this trend, prioritizing efficiency over open spaces.
• Average balcony sizes have reduced, and apartments with balconies command a 10-15% price premium.
• In central Bengaluru, balconies are often excluded due to smaller land parcels and tighter regulations.
• This shift reflects balconies being marketed as aspirational lifestyle extensions, adding to frustrations for middle-income homebuyers.

Why It Matters: Balconies in Bengaluru are now a premium feature, reflecting rising costs and a shift in urban living perceptions.