Property Rates In Bangalore 2024

The Purva Aerocity 1 BHK Apartment Floor Plan offers an estimated carpet area of 700 sq ft to 850 sq ft. The floor plan refers to the detailed layout and design of a 1 BHK apartment in Purva Aerocity. The 1 BHK apartment will comprise a bedroom, a living area, a kitchen, a bathroom, and a balcony. This apartment plan is perfect for singles and couples. The estimated dimensions of the living room are 10’6” x 15’0”, the master bedroom is 11’ x 10’2”, and the kitchen is 7’2” x 6’0”.

Property Rates in Bangalore 2024 are influenced by various factors such as location, connectivity, market trends, builders, and demand. Bangalore, the Silicon City of India, offers a wide range of residential & commercial properties in Bangalore. Some of the top residential areas in Bangalore are Whitefield, Electronic City, Devanahalli, Yelahanka, HRS Layout, etc.

Bangalore’s real estate market has witnessed substantial growth in 2024. Property values have escalated significantly, with an overall increase of 19% compared to the previous year. This upward trend has been particularly pronounced in certain localities.

Here is a table showing the property rates in Bangalore- 2024 per square foot:

Locality	Average Property Price (INR per sq ft)
Whitefield	7,000 - 9,500
Koramangala	10,000 - 15,000
Indiranagar	12,000 - 18,000
Electronic City	4,500 - 7,000
HSR Layout	7,000 - 10,500
Marathahalli	6,500 - 9,000
Sarjapur Road	5,500 - 8,500
Rajarajeshwari Nagar	5,000 - 7,500
Yelahanka	5,500 - 8,000
JP Nagar	7,000 - 10,000
Chikkajala	4,500 - 6,500

Prime locations such as MG Road and Infantry Road command premium prices, with average rates ranging from Rs. 22,000 to Rs. 25,000 per square meter. In contrast, areas like Koramangala and Outer Ring Road offer more moderate options, with rates typically between Rs. 8,000 and Rs. 10,000 per square meter.

For budget-conscious buyers, the suburban regions present attractive alternatives. Electronic City, Kanakapura Road, and Silk Board have witnessed increased development, providing a range of housing options at starting prices of approximately Rs. 5,500 per square foot.

Residences in East Bangalore cost different amounts, depending on the area. Ramamurthy Nagar is cheaper, but KR Puram and Marathahalli are more costly. In South Bangalore, you can find cheap homes in Electronic City or mid-priced ones in HSR Layout and Banashankari. In Bangalore, the government land rates, also known as guidance values, typically range from ₹5,000 to ₹10,000 per square foot, depending on the location.

Here is a table that compares property prices of Bangalore in 2024 with other major cities in India.

City	Average Property Price (INR per sq ft)
Bangalore	₹7,000 - ₹12,000
Mumbai	₹20,000 - ₹35,000
Delhi	₹15,000 - ₹25,000
Chennai	₹8,000 - ₹14,000
Hyderabad	₹6,000 - ₹10,000
Pune	₹7,000 - ₹12,000
Kolkata	₹6,000 - ₹10,000
Ahmedabad	₹5,000 - ₹8,000