1.Namma Metro :
Phase 1 (Purple & Green lines) is fully operational, Phase 2 (Yellow & Blue) is under construction, set to unlock corridors like Hebbal–Silk Board and Gottigere–K R Puram.
In Q2 2024 (Apr–Jun), we compared 150 localities across Bangalore to monitor evolving micro-market dynamics. The average land price in the city rose to ₹11,525.69 INR/sq ft (≈ ₹124,000 INR/sq m), marking a 4.98% increase from Q1 2024. We segment Bangalore into five zones—Elite, Classic, Premium, Affordable, and Economic—spanning ₹6,000 to ₹18,500 INR/sq ft. Luxury corridors like Cunningham Road continue to lead, while peripheral suburbs such as Attibele and Jigani offer entry-point pricing. Here’s your Q2 2024 snapshot: prices, zones, growth hotspots, amenities, and investment plays.
Bangalore’s residential landscape divides into five distinct zones—each defined by infrastructure, connectivi,ty and pricing—to help you pinpoint areas matching your strategy:
| Zone | # Localities | Avg. Price (₹/sft) | Prominent Highlights |
|---|---|---|---|
| Elite Zone | 15 | ₹18,500 | Ultra-luxury enclaves, gated communities |
| Classic Zone | 58 | ₹11,000 | Heritage corridors, premium high-rises |
| Premium Zone | 33 | ₹14,500 | IT parks, large-format malls, metro links |
| Affordable Zone | 30 | ₹8,500 | Budget apartments, emerging suburbs |
| Economic Zone | 14 | ₹6,000 | Peripheral plots, industrial-adjacent hubs |
Commanding ₹16,000–24,000/sq ft, these micro-markets boast luxury finishes, private clubs and proximity to finest healthcare.
Iconic high-streets and boutique enclaves at ₹9,000–12,500/sq ft, with steady rental yields and walk-to-work convenience.
Global IT hubs commanding ₹12,000–16,000/sq ft, underpinned by tech-park expansions and metro connectivity.
Entry-point prices ₹7,000–9,500/sq ft near upcoming metro stations and new retail-entertainment precincts.
Sub-₹6,500/sq ft land and apartments with strong upside as peripheral infrastructure ramps up.
Luxury apartments and serviced residences steps from UB City, landmark hotels and fine-dining avenues.
High-rise towers overlooking the city’s commercial core, with direct access to metro and retail precincts.
Heritage Boulevard is flanked by premium villas, boutique hotels, and proximity to Bangalore’s botanical landmark
Quiet, leafy enclave offering luxury gated communities and top-tier international schools.
Vibrant nightlife district, boutique residences, and walk-to-work clusters around 100+ F&B outlets.
Border-city suburb with budget plots, emerging logistics parks, and improving road networks.
Proximity to tech-campus expansions, affordable builder floors, and expanding public transport links.
Industrial-adjacent town with ongoing civic upgrades, new schools, and nascent retail clusters.
Manufacturing belt suburb with sub-₹6,000 flats, strong rental demand from the blue-collar workforce.
Emerging corridor with upgraded highways, greenfield housing projects, and solid mid-term upside.
Tracking quarter-over-quarter changes reveals Bangalore’s hottest micro-markets and those undergoing correction:
| Locality | QoQ Δ % | Prominent Highlights |
|---|---|---|
| Anekal | +88.0% | Surge driven by new township launches and ring-road access. |
| Anekal–Hosur Road | +11.0% | Anekal–Hosur Road +41.0% Infrastructure-led gains from highway widening and industrial parks. |
| Budigere Road | +23.0% | Growth on the back of new metro-phase extension and logistics hubs. |
| Domlur | +22.0% | Corporate relocations and office re-developments boosting demand. |
| MSR College Road | +20.0% | Heritage housing conversions and rental-yield plays. |
| HSR Layout | -16.0% | Market cool-down after peak deliveries in mid-segment projects. |
| Crescent Road | -15.0% | Price correction as new launches outpace absorption |
| Hulimavu | -10.0% | Moderation following recent supply influx. |
| Benson Town | –8.0% | Upsurge in completions leading to short-term softening. |
| Channasandra Main Road | -6.0% | Peripheral normalization amid wider infrastructure rollout. |
Bangalore’s neighbourhood appeal hinges on proximity to world-class social infrastructure:
Centres of excellence like Manipal, Narayana Hrudayalaya, and Fortis draw families and retirees seeking top-tier medical access.
From IISc’s campus to CBSE/ICSE schools (Legacy, Vidyaniketan) and professional institutes (NLSIU, IIMB), academic hubs anchor long-term rental demand.
Premium malls (Phoenix Marketcity, VR Bengaluru, Orion Mall), 7,500+ cafés and restaurants, plus high-street shopping clusters enrich lifestyle offerings.
Cubbon Park, Lalbagh Botanical Gardens, Bangalore Palace, and Tipu Sultan’s Summer Palace ensure daily recreation and heritage experiences.
Bangalore’s transport upgrades and urban projects are reshaping residential dynamics:
Phase 1 (Purple & Green lines) is fully operational, Phase 2 (Yellow & Blue) is under construction, set to unlock corridors like Hebbal–Silk Board and Gottigere–K R Puram.
Upgrades on NH-44 and the Peripheral Ring Road are reducing commute times to key tech parks and the airport.
Kempegowda International Airport’s second runway and terminal extension accelerate development in North Bangalore.
Enhanced bus-rapid corridors and electric bus fleets improve last-mile connectivity across established and emerging suburbs.
Whether you seek capital appreciation, rental yields, or entry-level plays, these strategies will help you position effectively in Bangalore:
Invest in Cunningham Road or MG Road for steady 8–10% annual gains, leveraging prime retail-office proximity and limited new supply.
Whitefield and Koramangala offer 5–7% yields alongside capital upside, backed by IT hiring and co-living expansions.
Hoskote and Jigani’s sub-₹6,000 assets suit cost-sensitive investors seeking medium-term appreciation as infrastructure matures.
Tap Anekal and Anekal–Hosur Road for double-digit QoQ gains from township roll-outs and highway projects.
Secure plots along the Peripheral Ring Road near Devanahalli for long-term land-value play tied to airport and industrial belt growth.
In Q2 2024, Bangalore’s real estate markets exhibited clear infrastructure-led momentum—from ultra-luxury corridors to affordable peripheries. Whether pursuing stable returns, recurring rental income, or speculative flips, these insights equip you to capitalize on Bangalore’s evolving neighbourhood dynamics.