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Property Rates in Bangalore 2025: Latest Property Price Trends
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The property rates in Bangalore 2025 are expected to rise due to the city's growing demand for residential and commercial spaces. With ongoing infrastructure projects and a booming real estate market, areas like Whitefield, Koramangala, and Electronic City are seeing increased prices. Buyers and investors should consider these trends when planning property investments in Bangalore. Whether you're a potential homebuyer, an investor, or simply interested in the real estate market, this article will provide you with valuable insights and information. In this article, we will provide you with a comprehensive overview of the property rates in Bangalore for the year 2024.
Top 20 Locations and Property Rates in Bangalore 2025
To give you a snapshot of Bangalore real estate prices, we have compiled a table showcasing the price range per square foot and rental yield for the top 20 locations in the city. This will help you understand the current trends and compare Bangalore property prices across different areas.
Location | Price Range (Per Sq.Ft.) | Rental Yield |
Koramangala | Rs. 10,000 - 16,000 | 3.5% - 4.5% |
Indiranagar | Rs. 11,000 - 18,000 | 3.4% - 4.2% |
Jayanagar | Rs. 9,000 - 14,000 | 3.2% - 3.9% |
Whitefield | Rs. 6,000 - 10,000 | 3.8% - 4.5% |
Marathahalli | Rs. 5,500 - 9,000 | 3.7% - 4.2% |
Sarjapur Road | Rs. 5,500 - 9,500 | 3.6% - 4.1% |
Bannerghatta Road | Rs. 6,500 - 10,500 | 3.5% - 4.3% |
HSR Layout | Rs. 7,000 - 12,000 | 3.4% - 4.0% |
BTM Layout | Rs. 6,000 - 9,500 | 3.3% - 3.8% |
Electronic City | Rs. 4,500 - 7,500 | 4.0% - 4.7% |
JP Nagar | Rs. 6,000 - 10,000 | 3.2% - 3.9% |
Hebbal | Rs. 5,500 - 9,500 | 3.6% - 4.2% |
Malleshwaram | Rs. 8,000 - 13,000 | 3.1% - 3.8% |
Basavanagudi | Rs. 7,000 - 11,000 | 3.3% - 3.9% |
Yelahanka | Rs. 5,000 - 8,500 | 3.5% - 4.0% |
Rajajinagar | Rs. 6,000 - 9,500 | 3.2% - 3.8% |
Krishnarajapuram | Rs. 4,500 - 7,000 | 3.7% - 4.3% |
Domlur | Rs. 9,000 - 14,000 | 3.2% - 3.9% |
Ulsoor | Rs. 8,000 - 12,000 | 3.4% - 4.1% |
Jayanagar | Rs. 8,000 - 12,000 | 3.4% - 4.1% |
Keep in mind that the property rates mentioned here are subject to change due to various factors.
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Now let’s take a deeper dive into each of these properties and their potential for real estate investment.
1. Koramangala, Bangalore
Koramangala is the epitome of luxury and convenience in Bangalore. Once a marshy swamp, this vibrant neighborhood boasts a rich history and an unrivaled reputation as the go-to destination for real estate enthusiasts—upscale residential properties to trendy cafes, designer boutiques, and sprawling parks, Koramangala has it all. Whether you're seeking a stylish apartment or a lavish penthouse, Koramangala promises a lifestyle that's nothing short of extraordinary with one of the best land rates in Bangalore.
- Land Price Range Per Sq.Ft.: Rs. 10,000 - 16,000
- Land Average Price Per Sq.Ft.: Rs. 13,000
- Apartments Cost:
- 1 BHK: Rs. 60 lakhs - 1 crore | YoY Growth: 4.5%
- 2 BHK: Rs. 1.2 - 2 crores | YoY Growth: 4.8%
- 3 BHK: Rs. 1.8 - 3 crores | YoY Growth: 4.2%
- 4 BHK: Rs. 2.5 - 4 crores | YoY Growth: 4.0%
- Apartments Rent:
- 1 BHK: Rs. 15,000 - 25,000 | YoY Growth: 3.7%
- 2 BHK: Rs. 25,000 - 35,000 | YoY Growth: 3.5%
- 3 BHK: Rs. 35,000 - 50,000 | YoY Growth: 3.2%
- 4 BHK: Rs. 50,000 - 80,000 | YoY Growth: 2.9%
- Distance from Airport: 40 km
- Distance from Railway Station: 9 km
2. Marathahalli, Bangalore
Marathahalli, a vibrant locality in Bangalore, pulsates with the energy of urban living. Strategically located near major IT parks and business centers, Marathahalli attracts professionals seeking a seamless work-life balance. This bustling neighborhood offers a wide range of residential options, from modern apartments to budget-friendly housing. Marathahalli is renowned for its bustling markets, eclectic eateries, and lively shopping destinations.
- Land Price Range Per Sq.Ft.: Rs. 10,000 - 16,000
- Land Average Price Per Sq.Ft.: Rs. 13,000
- Apartments Cost:
- 1 BHK: Rs. 60 lakhs - 1 crore | YoY Growth: 4.5%
- 2 BHK: Rs. 1.2 - 2 crores | YoY Growth: 4.8%
- 3 BHK: Rs. 1.8 - 3 crores | YoY Growth: 4.2%
- 4 BHK: Rs. 2.5 - 4 crores | YoY Growth: 4.0%
- Apartments Rent:
- 1 BHK: Rs. 15,000 - 25,000 | YoY Growth: 3.7%
- 2 BHK: Rs. 25,000 - 35,000 | YoY Growth: 3.5%
- 3 BHK: Rs. 35,000 - 50,000 | YoY Growth: 3.2%
- 4 BHK: Rs. 50,000 - 80,000 | YoY Growth: 2.9%
- Distance from Airport: 40 km
- Distance from Railway Station: 9 km
3. Sarjapur Road, Bangalore
Sarjapur Road, a rapidly developing locality in Bangalore, beckons with its charm and promise of growth. With its strategic location, Sarjapur Road offers easy access to IT hubs and commercial zones, making it an ideal choice for professionals and entrepreneurs. The area boasts a diverse real estate landscape, ranging from modern apartments to expansive villas having highest property prices in Bangalore.
- Land Price Range Per Sq.Ft.: Rs. 10,000 - 16,000
- Land Average Price Per Sq.Ft.: Rs. 13,000
- Apartments Cost:
- 1 BHK: Rs. 60 lakhs - 1 crore | YoY Growth: 4.5%
- 2 BHK: Rs. 1.2 - 2 crores | YoY Growth: 4.8%
- 3 BHK: Rs. 1.8 - 3 crores | YoY Growth: 4.2%
- 4 BHK: Rs. 2.5 - 4 crores | YoY Growth: 4.0%
- Apartments Rent:
- 1 BHK: Rs. 15,000 - 25,000 | YoY Growth: 3.7%
- 2 BHK: Rs. 25,000 - 35,000 | YoY Growth: 3.5%
- 3 BHK: Rs. 35,000 - 50,000 | YoY Growth: 3.2%
- 4 BHK: Rs. 50,000 - 80,000 | YoY Growth: 2.9%
- Distance from Airport: 40 km
- Distance from Railway Station: 9 km
4. Benson Town, Bangalore
Benson Town, a charming neighbourhood in Bangalore, is known for its serene ambience and old-world charm. This locality offers a blend of historic buildings, tree-lined streets, and a close-knit community. Benson Town provides many residential options, including elegant apartments and independent houses. With its proximity to central Bangalore and a range of amenities, including educational institutions, hospitals, and recreational facilities, Benson Town presents a peaceful living environment for residents seeking a harmonious blend of tranquillity and convenience.
- Land Average Price Per Sq.Ft.: Rs. 10,000 - 16,000
- Apartments Cost:
- 1 BHK: Rs. 60 lakhs - 1 crore | YoY Growth: 4.5%
- 2 BHK: Rs. 1.2 - 2 crores | YoY Growth: 4.8%
- 3 BHK: Rs. 1.8 - 3 crores | YoY Growth: 4.2%
- 4 BHK: Rs. 2.5 - 4 crores | YoY Growth: 4.0%
- Apartments Rent:
- 1 BHK: Rs. 15,000 - 25,000 | YoY Growth: 3.7%
- 2 BHK: Rs. 25,000 - 35,000 | YoY Growth: 3.5%
- 3 BHK: Rs. 35,000 - 50,000 | YoY Growth: 3.2%
- 4 BHK: Rs. 50,000 - 80,000 | YoY Growth: 2.9%
- Distance from Airport: 40 km
- Distance from Railway Station: 9 km
5. HSR Layout, Bangalore
HSR Layout, an esteemed locality in Bangalore, embraces the essence of a well-planned community. Known for its meticulously designed layout and lush greenery, HSR Layout offers a serene and peaceful living environment. The area boasts an array of residential options, including spacious apartments and independent houses with great property value in Bangalore. HSR Layout is renowned for its well-maintained parks, jogging tracks, and recreational facilities, promoting a healthy and active lifestyle.
- Land Average Price Per Sq.Ft.: Rs. 10,000 - 16,000
- Apartments Cost:
- 1 BHK: Rs. 60 lakhs - 1 crore | YoY Growth: 4.5%
- 2 BHK: Rs. 1.2 - 2 crores | YoY Growth: 4.8%
- 3 BHK: Rs. 1.8 - 3 crores | YoY Growth: 4.2%
- 4 BHK: Rs. 2.5 - 4 crores | YoY Growth: 4.0%
- Apartments Rent:
- 1 BHK: Rs. 15,000 - 25,000 | YoY Growth: 3.7%
- 2 BHK: Rs. 25,000 - 35,000 | YoY Growth: 3.5%
- 3 BHK: Rs. 35,000 - 50,000 | YoY Growth: 3.2%
- 4 BHK: Rs. 50,000 - 80,000 | YoY Growth: 2.9%
- Distance from Airport: 40 km
- Distance from Railway Station: 9 km
6. BTM Layout, Bangalore
Electronic City, a thriving tech hub in Bangalore, is the epitome of progress and innovation. Home to numerous multinational corporations and IT giants, this locality attracts professionals from across the globe. Electronic City offers a range of residential choices, from modern apartments to gated communities with stadily rising 1 cent price in Bangalore.
- Land Price Range Per Sq.Ft.: Rs. 10,000 - 16,000
- Land Average Price Per Sq.Ft.: Rs. 13,000
- Apartments Cost:
- 1 BHK: Rs. 60 lakhs - 1 crore | YoY Growth: 4.5%
- 2 BHK: Rs. 1.2 - 2 crores | YoY Growth: 4.8%
- 3 BHK: Rs. 1.8 - 3 crores | YoY Growth: 4.2%
- 4 BHK: Rs. 2.5 - 4 crores | YoY Growth: 4.0%
- Apartments Rent:
- 1 BHK: Rs. 15,000 - 25,000 | YoY Growth: 3.7%
- 2 BHK: Rs. 25,000 - 35,000 | YoY Growth: 3.5%
- 3 BHK: Rs. 35,000 - 50,000 | YoY Growth: 3.2%
- 4 BHK: Rs. 50,000 - 80,000 | YoY Growth: 2.9%
- Distance from Airport: 40 km
- Distance from Railway Station: 9 km
7. Electronic City, Bangalore
Electronic City, a thriving tech hub in Bangalore, is the epitome of progress and innovation. Home to numerous multinational corporations and IT giants, this locality attracts professionals from across the globe. Electronic City offers a range of residential choices, from modern apartments to gated communities.
The area is known for its world-class infrastructure, state-of-the-art amenities, and lush green spaces. With its seamless connectivity, numerous shopping centers, and recreational facilities, Electronic City presents a vibrant and cosmopolitan lifestyle. Immerse yourself in the pulse of technological advancement and embrace the dynamic spirit of Electronic City.
- Land Price Range Per Sq.Ft.: Rs. 10,000 - 16,000
- Land Average Price Per Sq.Ft.: Rs. 13,000
- Apartments Cost:
- 1 BHK: Rs. 60 lakhs - 1 crore | YoY Growth: 4.5%
- 2 BHK: Rs. 1.2 - 2 crores | YoY Growth: 4.8%
- 3 BHK: Rs. 1.8 - 3 crores | YoY Growth: 4.2%
- 4 BHK: Rs. 2.5 - 4 crores | YoY Growth: 4.0%
- Apartments Rent:
- 1 BHK: Rs. 15,000 - 25,000 | YoY Growth: 3.7%
- 2 BHK: Rs. 25,000 - 35,000 | YoY Growth: 3.5%
- 3 BHK: Rs. 35,000 - 50,000 | YoY Growth: 3.2%
- 4 BHK: Rs. 50,000 - 80,000 | YoY Growth: 2.9%
- Distance from Airport: 40 km
- Distance from Railway Station: 9 km
8. JP Nagar, Bangalore
JP Nagar, a sought-after locality in Bangalore, combines the allure of nature with modern living. Nestled amidst serene surroundings, JP Nagar offers a peaceful and tranquil lifestyle. The area is characterized by its well-planned layout, spacious residential properties, and tree-lined avenues with affordable land cost in Bangalore.
With its proximity to educational institutions, shopping centers, and healthcare facilities, JP Nagar provides a well-rounded living experience for families and professionals. Experience the perfect harmony of nature and convenience in JP Nagar.
- Land Price Range Per Sq.Ft.: Rs. 10,000 - 16,000
- Land Average Price Per Sq.Ft.: Rs. 13,000
- Apartments Cost:
- 1 BHK: Rs. 60 lakhs - 1 crore | YoY Growth: 4.5%
- 2 BHK: Rs. 1.2 - 2 crores | YoY Growth: 4.8%
- 3 BHK: Rs. 1.8 - 3 crores | YoY Growth: 4.2%
- 4 BHK: Rs. 2.5 - 4 crores | YoY Growth: 4.0%
- Apartments Rent:
- 1 BHK: Rs. 15,000 - 25,000 | YoY Growth: 3.7%
- 2 BHK: Rs. 25,000 - 35,000 | YoY Growth: 3.5%
- 3 BHK: Rs. 35,000 - 50,000 | YoY Growth: 3.2%
- 4 BHK: Rs. 50,000 - 80,000 | YoY Growth: 2.9%
- Distance from Airport: 40 km
- Distance from Railway Station: 9 km
9. Hebbal, Bangalore
Hebbal, a thriving neighbourhood in Bangalore, captures the essence of modern living and urban development. Known for its strategic location and excellent connectivity, Hebbal is a popular choice among professionals and investors.
The area offers diverse residential options, from luxurious apartments to independent houses. Hebbal is renowned for its commercial developments, educational institutions, and entertainment centres, as well as serene parks, picturesque lakes, and a vibrant social scene.
- Land Price Range Per Sq.Ft.: Rs. 10,000 - 16,000
- Land Average Price Per Sq.Ft.: Rs. 13,000
- Apartments Cost:
- 1 BHK: Rs. 60 lakhs - 1 crore | YoY Growth: 4.5%
- 2 BHK: Rs. 1.2 - 2 crores | YoY Growth: 4.8%
- 3 BHK: Rs. 1.8 - 3 crores | YoY Growth: 4.2%
- 4 BHK: Rs. 2.5 - 4 crores | YoY Growth: 4.0%
- Apartments Rent:
- 1 BHK: Rs. 15,000 - 25,000 | YoY Growth: 3.7%
- 2 BHK: Rs. 25,000 - 35,000 | YoY Growth: 3.5%
- 3 BHK: Rs. 35,000 - 50,000 | YoY Growth: 3.2%
- 4 BHK: Rs. 50,000 - 80,000 | YoY Growth: 2.9%
- Distance from Airport: 40 km
- Distance from Railway Station: 9 km
10. Malleshwaram, Bangalore
Malleshwaram, a historical neighbourhood in Bangalore, exudes old-world charm and elegance. Known for its cultural heritage, the locality is home to ancient temples, traditional markets, and beautiful architecture. The area is famous for its vibrant street markets, offering a variety of traditional handicrafts, textiles, and delectable street food. With its proximity to educational institutions, renowned eateries, and recreational spaces, Malleshwaram offers a well-rounded living experience steeped in tradition and cultural richness and good land price in Bangalore per square feet.
- Land Price Range Per Sq.Ft.: Rs. 10,000 - 16,000
- Land Average Price Per Sq.Ft.: Rs. 13,000
- Apartments Cost:
- 1 BHK: Rs. 60 lakhs - 1 crore | YoY Growth: 4.5%
- 2 BHK: Rs. 1.2 - 2 crores | YoY Growth: 4.8%
- 3 BHK: Rs. 1.8 - 3 crores | YoY Growth: 4.2%
- 4 BHK: Rs. 2.5 - 4 crores | YoY Growth: 4.0%
- Apartments Rent:
- 1 BHK: Rs. 15,000 - 25,000 | YoY Growth: 3.7%
- 2 BHK: Rs. 25,000 - 35,000 | YoY Growth: 3.5%
- 3 BHK: Rs. 35,000 - 50,000 | YoY Growth: 3.2%
- 4 BHK: Rs. 50,000 - 80,000 | YoY Growth: 2.9%
- Distance from Airport: 40 km
- Distance from Railway Station: 9 km
11. Devanahalli, Bangalore
Devanahalli, located in Bangalore, is a rapidly emerging locality that holds immense potential for property investment. Renowned for its strategic location near the Kempegowda International Airport, Devanahalli offers excellent connectivity and is a hotspot for upcoming residential and commercial developments. With its serene surroundings, lush greenery, and a range of housing options, including apartments and villas, Devanahalli presents a tranquil and promising living experience.
- Land Price Range Per Sq.Ft.: Rs. 10,000 - 16,000
- Land Average Price Per Sq.Ft.: Rs. 13,000
- Apartments Cost:
- 1 BHK: Rs. 60 lakhs - 1 crore | YoY Growth: 4.5%
- 2 BHK: Rs. 1.2 - 2 crores | YoY Growth: 4.8%
- 3 BHK: Rs. 1.8 - 3 crores | YoY Growth: 4.2%
- 4 BHK: Rs. 2.5 - 4 crores | YoY Growth: 4.0%
- Apartments Rent:
- 1 BHK: Rs. 15,000 - 25,000 | YoY Growth: 3.7%
- 2 BHK: Rs. 25,000 - 35,000 | YoY Growth: 3.5%
- 3 BHK: Rs. 35,000 - 50,000 | YoY Growth: 3.2%
- 4 BHK: Rs. 50,000 - 80,000 | YoY Growth: 2.9%
- Distance from Airport: 40 km
- Distance from Railway Station: 9 km
12. Kanakapura Road, Bangalore
Kanakapura Road, a bustling locality in Bangalore, perfectly balances urban conveniences and natural beauty. Known for its scenic views, lush green landscapes surround Kanakapura Road and is a popular destination for nature enthusiasts. This vibrant locality offers a range of residential properties, including apartments and villas, catering to diverse lifestyle preferences. With its strategic location, proximity to educational institutions, entertainment centres, and easy access to the city centre, Kanakapura Road provides a well-rounded living experience for residents seeking a serene yet well-connected neighbourhood.
- Land Price Range Per Sq.Ft.: Rs. 10,000 - 16,000
- Land Average Price Per Sq.Ft.: Rs. 13,000
- Apartments Cost:
- 1 BHK: Rs. 60 lakhs - 1 crore | YoY Growth: 4.5%
- 2 BHK: Rs. 1.2 - 2 crores | YoY Growth: 4.8%
- 3 BHK: Rs. 1.8 - 3 crores | YoY Growth: 4.2%
- 4 BHK: Rs. 2.5 - 4 crores | YoY Growth: 4.0%
- Apartments Rent:
- 1 BHK: Rs. 15,000 - 25,000 | YoY Growth: 3.7%
- 2 BHK: Rs. 25,000 - 35,000 | YoY Growth: 3.5%
- 3 BHK: Rs. 35,000 - 50,000 | YoY Growth: 3.2%
- 4 BHK: Rs. 50,000 - 80,000 | YoY Growth: 2.9%
- Distance from Airport: 40 km
- Distance from Railway Station: 9 km
13. Rajajinagar, Bangalore
Rajajinagar, a well-established locality in Bangalore, exudes a distinct charm and a sense of nostalgia. The area is known for its well-planned layout, wide tree-lined streets, and elegant residential properties. Rajajinagar offers a mix of modern apartments and spacious independent houses catering to diverse lifestyle preferences. With its proximity to educational institutions, healthcare facilities, and transportation hubs, Rajajinagar ensures a seamless blend of convenience and a well-rounded living experience.
- Land Price Range Per Sq.Ft.: Rs. 10,000 - 16,000
- Land Average Price Per Sq.Ft.: Rs. 13,000
- Apartments Cost:
- 1 BHK: Rs. 60 lakhs - 1 crore | YoY Growth: 4.5%
- 2 BHK: Rs. 1.2 - 2 crores | YoY Growth: 4.8%
- 3 BHK: Rs. 1.8 - 3 crores | YoY Growth: 4.2%
- 4 BHK: Rs. 2.5 - 4 crores | YoY Growth: 4.0%
- Apartments Rent:
- 1 BHK: Rs. 15,000 - 25,000 | YoY Growth: 3.7%
- 2 BHK: Rs. 25,000 - 35,000 | YoY Growth: 3.5%
- 3 BHK: Rs. 35,000 - 50,000 | YoY Growth: 3.2%
- 4 BHK: Rs. 50,000 - 80,000 | YoY Growth: 2.9%
- Distance from Airport: 40 km
- Distance from Railway Station: 9 km
14. KR Puram, Bangalore
KR Puram, a thriving locality in Bangalore, combines modern living with natural beauty. Situated along the banks of the picturesque Krishnarajapuram Lake, KR Puram offers breathtaking views and a serene environment. The area presents a range of residential options, from affordable apartments to luxurious villas. KR Puram is known for its excellent connectivity, with the KR Puram Railway Station and the upcoming Namma Metro connectivity.
- Land Price Range Per Sq.Ft.: Rs. 10,000 - 16,000
- Land Average Price Per Sq.Ft.: Rs. 13,000
- Apartments Cost:
- 1 BHK: Rs. 60 lakhs - 1 crore | YoY Growth: 4.5%
- 2 BHK: Rs. 1.2 - 2 crores | YoY Growth: 4.8%
- 3 BHK: Rs. 1.8 - 3 crores | YoY Growth: 4.2%
- 4 BHK: Rs. 2.5 - 4 crores | YoY Growth: 4.0%
- Apartments Rent:
- 1 BHK: Rs. 15,000 - 25,000 | YoY Growth: 3.7%
- 2 BHK: Rs. 25,000 - 35,000 | YoY Growth: 3.5%
- 3 BHK: Rs. 35,000 - 50,000 | YoY Growth: 3.2%
- 4 BHK: Rs. 50,000 - 80,000 | YoY Growth: 2.9%
- Distance from Airport: 40 km
- Distance from Railway Station: 9 km
15. Domlur, Bangalore
Domlur, a well-connected locality in Bangalore, blends the charm of old-world elegance with the conveniences of modern living. This bustling neighbourhood offers a mix of residential options, ranging from apartments to independent houses. Domlur is known for its vibrant commercial establishments, including offices of multinational corporations and business parks.
- Land Price Range Per Sq.Ft.: Rs. 10,000 - 16,000
- Land Average Price Per Sq.Ft.: Rs. 13,000
- Apartments Cost:
- 1 BHK: Rs. 60 lakhs - 1 crore | YoY Growth: 4.5%
- 2 BHK: Rs. 1.2 - 2 crores | YoY Growth: 4.8%
- 3 BHK: Rs. 1.8 - 3 crores | YoY Growth: 4.2%
- 4 BHK: Rs. 2.5 - 4 crores | YoY Growth: 4.0%
- Apartments Rent:
- 1 BHK: Rs. 15,000 - 25,000 | YoY Growth: 3.7%
- 2 BHK: Rs. 25,000 - 35,000 | YoY Growth: 3.5%
- 3 BHK: Rs. 35,000 - 50,000 | YoY Growth: 3.2%
- 4 BHK: Rs. 50,000 - 80,000 | YoY Growth: 2.9%
- Distance from Airport: 40 km
- Distance from Railway Station: 9 km
16. Ulsoor, Bangalore
Ulsoor, a captivating locality in Bangalore, paints a picture of serenity and urban charm. Nestled around the pristine Ulsoor Lake, this neighbourhood offers a tranquil living experience in the city's heart. Ulsoor presents a mix of residential options, from elegant apartments to charming independent houses. The area is renowned for its historic landmarks, vibrant markets, and serene temples. Ulsoor Lake itself serves as a recreational hub, offering boating facilities and scenic beauty.
- Land Price Range Per Sq.Ft.: Rs. 10,000 - 16,000
- Land Average Price Per Sq.Ft.: Rs. 13,000
- Apartments Cost:
- 1 BHK: Rs. 60 lakhs - 1 crore | YoY Growth: 4.5%
- 2 BHK: Rs. 1.2 - 2 crores | YoY Growth: 4.8%
- 3 BHK: Rs. 1.8 - 3 crores | YoY Growth: 4.2%
- 4 BHK: Rs. 2.5 - 4 crores | YoY Growth: 4.0%
- Apartments Rent:
- 1 BHK: Rs. 15,000 - 25,000 | YoY Growth: 3.7%
- 2 BHK: Rs. 25,000 - 35,000 | YoY Growth: 3.5%
- 3 BHK: Rs. 35,000 - 50,000 | YoY Growth: 3.2%
- 4 BHK: Rs. 50,000 - 80,000 | YoY Growth: 2.9%
- Distance from Airport: 40 km
- Distance from Railway Station: 9 km
17. Peenya, Bangalore
Peenya, a thriving industrial hub in Bangalore, is attracting attention as an emerging real estate destination. Known for its industrial and manufacturing establishments, Peenya offers a unique blend of commercial and residential properties. The area provides a range of housing options, including apartments and independent houses, catering to the diverse needs of residents. With its excellent connectivity, proximity to major commercial centres, and a host of amenities, Peenya presents a promising investment opportunity and an ideal choice for those seeking a vibrant and well-connected neighbourhood.
- Land Price Range Per Sq.Ft.: Rs. 10,000 - 16,000
- Land Average Price Per Sq.Ft.: Rs. 13,000
- Apartments Cost:
- 1 BHK: Rs. 60 lakhs - 1 crore | YoY Growth: 4.5%
- 2 BHK: Rs. 1.2 - 2 crores | YoY Growth: 4.8%
- 3 BHK: Rs. 1.8 - 3 crores | YoY Growth: 4.2%
- 4 BHK: Rs. 2.5 - 4 crores | YoY Growth: 4.0%
- Apartments Rent:
- 1 BHK: Rs. 15,000 - 25,000 | YoY Growth: 3.7%
- 2 BHK: Rs. 25,000 - 35,000 | YoY Growth: 3.5%
- 3 BHK: Rs. 35,000 - 50,000 | YoY Growth: 3.2%
- 4 BHK: Rs. 50,000 - 80,000 | YoY Growth: 2.9%
- Distance from Airport: 40 km
- Distance from Railway Station: 9 km
18. HBR Layout, Bangalore
HBR Layout, a well-planned locality in Bangalore, stands out for its serene atmosphere and excellent infrastructure. This residential hub offers a mix of modern apartments, independent houses, and villas. HBR Layout is known for its well-maintained parks, wide tree-lined streets, and a thriving community. With its convenient location, proximity to educational institutions, shopping centers, and healthcare facilities, HBR Layout provides a balanced and well-connected living experience. Enjoy the benefits of a peaceful neighbourhood with easy access to modern amenities in HBR Layout.
19. Jayanagar, Bangalore
JayaNagar is the epitome of luxury and convenience in Bangalore. With its rich history and vibrant atmosphere, this neighbourhood stands as a prime destination for real estate enthusiasts. From upscale residential properties to trendy cafes, designer boutiques, and sprawling parks, JayaNagar offers a diverse range of amenities and experiences, making it an all-inclusive locale. Whether you're in search of a stylish apartment or a lavish penthouse, JayaNagar guarantees a lifestyle that exceeds expectations and is truly extraordinary.
- Land Price Range Per Sq.Ft.: Rs. 10,000 - 16,000
- Land Average Price Per Sq.Ft.: Rs. 13,000
- Apartments Cost:
- 1 BHK: Rs. 60 lakhs - 1 crore | YoY Growth: 4.5%
- 2 BHK: Rs. 1.2 - 2 crores | YoY Growth: 4.8%
- 3 BHK: Rs. 1.8 - 3 crores | YoY Growth: 4.2%
- 4 BHK: Rs. 2.5 - 4 crores | YoY Growth: 4.0%
- Apartments Rent:
- 1 BHK: Rs. 15,000 - 25,000 | YoY Growth: 3.7%
- 2 BHK: Rs. 25,000 - 35,000 | YoY Growth: 3.5%
- 3 BHK: Rs. 35,000 - 50,000 | YoY Growth: 3.2%
- 4 BHK: Rs. 50,000 - 80,000 | YoY Growth: 2.9%
- Distance from Airport: 40 km
- Distance from Railway Station: 9 km
Unravelling Bangalore’s Housing Market: A Demand and Supply Analysis
Bangalore, the Silicon Valley of India, has been the leading contributor to the country’s IT industry. Over the past few years, Bangalore has seen a surge in population and, consequently, an increase in demand for housing. The city’s real estate market has been in flux, with supply and demand constantly changing. This analysis delves into the latest trends in the Bangalore housing market.
The Local Market Scenario
The Bangalore local market for housing is on an upswing. According to recent reports, Bangalore’s real estate sector saw a 40% increase in sales in 2021. This increase in sales is due to the lower prices of properties in the city compared to other metropolitan cities. The demand for affordable housing has increased, especially in areas like Whitefield, Sarjapur, and Yelahanka.
Market Rates in Bangalore
The market rate for properties in Bangalore varies depending on the location, amenities, and demand. According to a report by Magicbricks, the average price per square foot in Bangalore is INR 5,800. However, in areas like Koramangala, the price per square foot is INR 9,200. In contrast, the price per square foot in areas like Whitefield is INR 4,800. The site value in Bangalore is also affected by factors like the proximity to IT parks, hospitals, schools, and commercial areas.
Steps to Buy Property in Bangalore
Are you considering buying property in Bangalore? The process can seem overwhelming, but with the right knowledge and guidance, it can be a smooth and rewarding experience. Here are the essential steps to help you navigate the property buying process in Bangalore–
- Determine Your Budget: Assess your financial capabilities and set a budget for your property purchase in Bangalore.
- Research and Shortlist: Conduct thorough research on different areas, property types, and amenities available in Bangalore. Shortlist the locations that align with your preferences and requirements.
- Engage a Real Estate Agent: Seek the assistance of a reputable real estate agent who specializes in the Bangalore market. They can provide valuable insights, guide you through the process, and help you find suitable properties.
- Arrange Financing: Explore financing options and get pre-approved for a loan, if required. This will give you a clear understanding of your budget and negotiating power.
- Property Inspection: Visit the shortlisted properties in person or virtually and conduct a thorough inspection. Assess the condition, amenities, and legal aspects of the property.
- Legal Due Diligence: Engage a lawyer to conduct a comprehensive title search and verify all legal documents related to the property. This step ensures that the property has a clear title and no legal disputes.
- Negotiate and Make an Offer: Negotiate with the seller or their representative to arrive at a mutually agreeable price. Make a formal offer in writing, specifying the terms and conditions.
- Sale Agreement and Documentation: Once the offer is accepted, prepare the sale agreement with the help of your lawyer. Ensure that all necessary documents are in order, including the sale deed, property tax receipts, and NOC from relevant authorities.
- Payment and Registration: Arrange for the payment of the agreed-upon amount and complete the registration process at the Sub-Registrar's Office. Pay the applicable stamp duty and registration fees.
- Possession and Handover: After completing the registration, obtain possession of the property and ensure that all necessary handover formalities are completed. Verify the utilities and amenities mentioned in the agreement.
- Post-Purchase Obligations: Transfer utility connections to your name, update your address, and obtain all necessary ownership documents from the seller.
Ensure to consult with professionals, including lawyers and financial advisors, throughout the property buying process in Bangalore to ensure a smooth and legally compliant transaction.
Remember, buying a property is a significant investment, so take your time, do thorough research, and make informed decisions to find the perfect property in Bangalore.
When you are buying a property in Bangalore, two essential factors stand out: establishing a realistic budget and conducting meticulous research - which will help you find a property rates in bangalore which fit within your budget.
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FAQs
Ans. Despite the pandemic, the Bangalore property rates 2024 have been increasing due to many factors such as excellent infrastructure, employment opportunities and good educational institutions.
Ans. The cost per square foot in Bangalore depends on the locality but the average rate ranges between Rs. 5500 to Rs. 15,000 per square feet per the Bangalore real estate news.
Ans. The cost of a 2-bedroom apartment according to the latest square feet price in Bangalore is between Rs. 65 lakhs to Rs. 90 lakhs.
Ans. If you are a property investor, then it would be beneficial to know that property rent in Bangalore is best in localities such as Indiranagar and Koramangala. Real estate prices in Bangalore areas like Koramangala and HSR will continue to soar.
Ans. Sarjapur and HSR Layout are the best areas to buy land in Bangalore as per the analysis of land price in Bangalore area wise 2024.
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We’d love to hear your thoughts
Nobroker
We are really happy you were satisfied with the information we were able to provide in the blog. You are right. Helping homebuyers choose the right property without hassles is one of the key missions at NoBroker. Devanahalli has indeed been a very progressive real estate market and we are excited to see what new developments will take place in the area. Be sure to check out more content on other areas in Bangalore here https://www.nobroker.in/blog/bangalore-localities/
August 4, 2022, 6:37 pmJoin the conversation!
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Stellarhomesdevelopers
Thank you for sharing this information. Choosing the right property for your needs is a big decision. You need to understand how to invest in property, how to find a great agent, and how to find a great place to live in and around Bangalore. Since the last decade, the residential property markets of Devanahalli have shown steady and impressive growth. The strong economic growth of the Devanahalli Industrial Area has been a key factor in this growth.
May 17, 2022, 3:02 pmNobroker
We are really happy you were satisfied with the information we were able to provide in the blog. You are right. Helping homebuyers choose the right property without hassles is one of the key missions at NoBroker. Devanahalli has indeed been a very progressive real estate market and we are excited to see what new developments will take place in the area. Be sure to check out more content on other areas in Bangalore here https://www.nobroker.in/blog/bangalore-localities/
August 4, 2022, 6:37 pm