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Bangalore, often called the Silicon Valley of India, is the capital of Karnataka and the largest city in the state. It is located on the Deccan Plateau at a height of over 3000 ft above sea level. Bangalore covers an area of 741-kilometer square; the present population is 13,608,000, which is 3.25% more than in 2022.
Bangalore has seen impressive and consistent economic growth, paralleled by its increasing population. It earns its nickname 'The Green City' due to its abundant green spaces. Additionally, the city offers a rich tapestry of cultural diversity, with residents who primarily speak Kannada, Tamil, and Telugu.
As a prominent IT hub, Bangalore houses the headquarters of major firms like Infosys, HCL Technologies, Tech Mahindra, Mphasis, and Wipro. With over 2000 colleges and renowned hospitals such as Apollo, Manipal, Fortis, IIT Bangalore, and IIM Bangalore, the city offers top-notch educational and healthcare facilities.
The vibrant culture, with theaters, music festivals, art galleries, and a thriving nightlife, does not compromise on entertainment options.
The city boasts seamless connectivity through its well-established east-west and north-south railway lines. A robust network of metro, buses, taxis, and rickshaws also ensures convenient local commuting. Bangalore has been developed with well-planned layouts and green spaces, contributing to higher quality of life.
The real-estate market of Bangalore is dotted with luxury apartments, mid-range properties, and affordable housing, meeting the needs of a wide range of buyers and investors.
With a constant price increase, a rise in property value is anticipated from 20% to 30%. Reports suggest this increase might reach up to 50% in IT corridors.
Here is the price list of the top areas in Bangalore:
Neighbourhood | Average Price per Sqft. |
---|---|
Yelahanka | Rs. 7,300 |
Bannerghatta | Rs. 6,300 |
Kanakapura Road | Rs. 8,200 |
Hebbal | Rs. 10,300 |
KR Puram | Rs. 6,200 |
JP Nagar | Rs. 6,200 |
Sarjapur Road | Rs. 7,800 |
Marathahalli | Rs. 6,800 |
Hennur Road | Rs. 8,200 |
Varthur | Rs. 9,100 |
Devanahalli | Rs. 6,200 |
Horamavu | Rs. 5,200 |
Begur Road | Rs. 5,850 |
Disclaimer: All the prices are taken from different sources and it does not show the actual price. The price depends on amenities, location, and developers.
Bangalore offers various properties to fit multiple budgets. In this well-developed city, residences range from Rs. 6000 per sqft to a higher rate of Rs. 15000 per sqft. This means you have options for both starter homes and luxurious properties.
Top developers like Sidhartha Builders, Brigade Group, and Redifice are prominent in Bangalore. Localities like Whitefield, Electronic City, and Outer Ring Road continued to be favored for real estate investment as they are near major IT Parks and Tech companies.
South Bangalore is surrounded by plenty of temples and sculptures. You can also enjoy various recreational places covered with greenery. Further, you can find several old bungalows in this area. South Bangalore incorporates places like Jayanagar, BTM Layout, JP Nagar, Banashankari, Kanakapura Road, Uttarahalli, etc.
South Bangalore houses flats ranging from Rs. 50 lakhs to Rs. 3 crore, balancing affordability and luxury.
Mahaveer Group, Urban Views, Hanuman Real Estate, and Planets Properties are some of the top developers of this region.
Assetz Canvas and Cove, SNN Raj High Gardens, Brigade Valencia, and Sobha Brooklyn Towers are among the top new projects in Bangalore South.
The western side of Bangalore primarily works with Industrial and warehousing activities. A mentionable locality feature is the ease of connectivity with Yeshwanthpur Railway Station and Kempegowda International Airport.
The Western suburbs, including Kengeri, Tumkur Road, Nagarbhavi, Vijay Nagar, and Rajarajeshwari Nagar, are prime investment spots. Here, the focus is on low-budget flats, with residences available within Rs. 10,000/sqft.
Builders like Salarpuria Sattva, Godrej Properties, Prestige Group, etc., significantly contribute to the new advanced projects here.
Brigade Horizon, Casagrand Aquene, Sattva Anugraha, and Provident Sunworth City are among the projects that make Banglore West more demanding.
Bangalore East is known for its IT corridor/hub and participates in the city's overall growth. The recent commercial development with commercial zones like Bagmane Tech Park, Visa Inc Technology Center, and RMZ Infinity boosts the interest of real estate investors.
On the eastern side, you'll find more premium options with residences within a budget of 13000/sq ft. KR Puram, Sarjapur Road, Marathahalli, Varthur, Ramamurthy Nagar, and Hoodi are some of the top places in this area.
The developers, including Puravankara, Prestige, Raheja, Nester Group, Sobha, etc., are actively working with the top places and expecting a promising ROI.
Sarang by Sumadhura Phase 1, Folium By Sumadhura Phase 2, Brigade Calista, and Prestige Serenity Shores are some of the top projects in Bangalore East.
North Bangalore offers seamless connectivity with the Outer Ring Road and Tumkur Road. This zone has adequate commercial hubs, including Manyata Tech Park, Kirloskar Tech Park, and other employment centres.
Regarding the price trend, properties in South Bangalore have witnessed a price hike of 23.5% in the last year. 2 BHK residencies are more in demand in this zone and available at Rs. 10,000/ sqft. Localities like Hebbal, Jakkur, Hennur Road, Thanisandra, Yelahanka, and Horamavu are under this North Zone.
VSR Ventures, Fahad Khan, Fortuna Constructions India Pvt Ltd., and Swaraj Homes Builders & Developers are some popular builders in North Bangalore.
Banglore North is dotted with new projects like Sri Balaji Serene, Sobha Dream Gardens, Provident Ecopolitan, Brigade El Dorado, and more.
You can get 1 BHK property in Bangalore within a price range of Rs 40-80 Lakhs. Also, 2 and 3 BHKs are available in the price range of Rs 60- 90 Lakhs and Rs 80- 1.20 Cr, respectively.
There are 50 1 BHKs available in Bangalore.
The average price of 1 BHK in Bangalore is ₹50 Lac - ₹90 Lac.
The average size of 1 BHK in Bangalore is 400 sq.ft. - 620 sq.ft..
The rent of a 1 BHK in Bangalore is ₹15 K - ₹20 K.
There are 112 2 BHKs available in Bangalore.
The average price of 2 BHK in Bangalore is ₹80 Lac - ₹1.2 Cr.
The average size of 2 BHK in Bangalore is 700 sq.ft. - 900 sq.ft..
The rent of a 2 BHK in Bangalore is ₹20 K - ₹35 K.
There are 89 3 BHKs available in Bangalore.
The average price of 3 BHK in Bangalore is ₹1.5 Lac - ₹2.5 Cr.
The 3 BHKs in Bangalore are available in the average size of 950 sq.ft. - 1300 sq.ft..
The rent of a 3 BHK in Bangalore is ₹40 K - ₹80 K.
There are 13 4 BHKs available in Bangalore.
The average price of 4 BHK in Bangalore is ₹2.9 Lac - ₹4.2 Cr.
The 4 BHKs in Bangalore are available in the average size of 1400 sq.ft. - 1900 sq.ft..
The rent of a 4 BHK in Bangalore is ₹90 K - ₹1.4 Lac.
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