What are the Bangalore property rates per square feet in Basavanagudi?

Basavanagudi is one of the oldest areas in Bangalore. The place is located 4.6km away from the Bangalore City Railway Station and BTMC. The Kempegowda International airport is 38.7 km away. This place is known for its residential and commercial localities. Many people are willing to settle down and purchase a property here. I will share with you all the details about the price per square feet in Basavanagudi so that you can also decide on purchasing a property in Basavanagudi.

What is the rate per square feet in Bangalore?

The demand to purchase a property in Bangalore is very high. Since Bangalore is a developed area and it is known for its IT hubs anybody is willing to shift to Bangalore and make a living there. The average price range to buy a property in Bangalore ranges between Rs. 5,280 per sq ft to Rs. 22,780 per sq ft. Of course, the price range differs from one place to another depending on the amenities. If you are looking for a place near your job location the price will definitely be higher.

Coming back to Basavanagudi, the home to the Bull temple, price per square feet in Basavanagudi Bangalore ranges between Rs. 2,500 to Rs. 28,000 per square feet. The price range differs due to the different locality, demand, and amenities in the Basavanagudi region. I will provide you with a chart to give you a better idea of property rate in Basavanagudi.

I will share some of the amenities and landmarks in these localities in Basavanagudi to give you a better idea.

Better known as Visveswarapura Food Street, VV Puram is located close to Sajjan Rao Circle. The place is famous for its food stalls and local cuisine. 

NR Colony is one the important sublocality of Basavanagudi. Some of the important areas surrounding NR Colony are SBM Colony, Hanumanthnagar, Sakamma Gardens, SP Naidu Layout, Yedidur. The place has elite institutions, markets, parks, lakes nearby. Some of the important residential projects are N.R Greenwood Construction Private Limited, Millennia Ventures, Machani Infra Development Corporation Pvt. Ltd.

Visveswarapuram is another residential place in Basavanagudi. The place has all the amenities nearby such as schools, offices, banks, restaurants and hospitals.

If you want to purchase property in Basavanagudi this is another area you can look for property. The place has a well-developed road and it is a serene place to stay. Some of the important localities nearby Thyagaraja Nagar are Banashankari, Vidyapeeta Circle, NR Colony.

Another place to search for property for residential property is in Gandhi Nagar. The place has markets, grocery stores, and good transport service. Some of the important localities surrounding Gandhi Nagar include Kadugondanahalli,Kaval Byrasandra Kaval Byrasandra,Pillanna Garden Kadugondanahalli.

I hope you have an idea about the price per square feet in Basavanagudi.

Basavanagudi is located in South Bangalore. It is one of the oldest residential cum commercial settlements in the city. Basavanagudi is one of the busiest and premium localities with elite educational institutions such as BMS College of Engineering, National College, Indian Institute of World Culture, and many more. Some of the top medical facilities in this locality are The Victoria hospital, Sri Balaji Hospital and ESIC Hospital. The locality is within the vicinity of many employment hubs like Brigade Software Park, Global Tech Park and Kalyani Magnum IT tech Park with top companies like Mindtree Solutions, Oracle, NTT Data, VMware, Ernst & Young, Accenture, etc.

If you are looking to invest in property, you must know the price per square feet in Basavanagudi. The property prices are on a higher side with an average of  Rs.9,200 per sq.ft. It will be worth investing in a property in this locality since many professionals and students look for rented accommodations and PGs in this area.