Average Asking Price in Electronic City Phase I
Based on active listings and recent trends
Price on Request
Introducing Neo Elite, a premium residential project located in the heart of Electronic City Phase I. This project offers a perfect blend of luxury, comfort, and convenience, making it an ideal choice for those seeking a luxurious lifestyle. With its strategic location, Neo Elite provides easy access to all parts of the city, making it a sought-after destination for those who value proximity and connectivity.
Each home at Neo Elite is designed to exceed your expectations, with spacious and well-appointed apartments that offer a sense of elegance and sophistication. The project features well-designed amenities such as [list amenities], ensuring that you and your family have everything you need to live life to the fullest. From world-class security to state-of-the-art infrastructure, Neo Elite is designed to provide a seamless living experience.
At Neo Elite, we understand that every resident is unique, which is why we offer a range of unit options to suit your needs. Our available units include 1 BHK and 2 BHK apartments, each offering a perfect blend of style, comfort, and functionality. Whether you re looking for a spacious abode or a cozy retreat, Neo Elite has something for everyone. Please get in touch with us to know more about our unit options and pricing.Available Unit Options
The following table outlines the available unit options at Neo Elite:
| Unit Type | Area (Sq. Ft.) | Price (Rs.) |
| 1 BHK Apartment | 681 | On Request |
| 2 BHK Apartment | 1097 | On Request |
The residential property is strategically located near several notable landmarks, providing residents with easy access to essential amenities and services. These landmarks not only enhance the quality of life for residents but also offer a unique blend of convenience and comfort.
We have total 1 options available in Neo Elite for resale and rental, In rental we have 1 property available having size from 30000.
| Listing Type | Total Listings | Unit Type Range | Price Range |
| Rental | 1 | 2 BHK | 30000 |
There has been an aggregation of government-registered recent transactions in the real estate market over the past 12 months, showcasing a steady demand for properties. The rental rate for this period stands at 24.143, with the current rate sitting at 3,818. Analyzing the sales transactions, it is seen that there was a single government-registered sale worth 2,600,000, providing valuable insights into the current market trends and activity.
View the latest price list for Neo Elite.
*Prices are indicative and subject to applicable charges and project terms.
Neo Elite's average asking price is rising quarter-on-quarter, compared with Electronic City.
Neo Elite avg. price is ₹ 8.1 k/Sq.Ft. compared to Electronic City at ₹ 8.8 k/Sq.Ft.
Monthly Rent in Electronic City ranges from ₹ 30.1 K to ₹ 45.1 K with options available for 1,2,3 BHK units
Get the latest price and market updates for Neo Elite.
The Karnataka government will establish an Executive Committee under the Greater Bengaluru Authority (GBA) to enhance coordination among civic agencies, reduce repeated road digging, and streamline infrastructure projects. The committee will review project progress monthly. The expected impact is improved project execution.
NHAI has resumed work on the elevated portion of the Chennai-Bengaluru Highway (NH 48) at Melvisharam near Arcot. This resumption, including laying of the bitumen carriageway towards Chennai, will provide relief to motorists and ensure safer travel by opening up the new bridge.
Bengaluru Smart Infrastructure Ltd (B-SMILE) is developing a blueprint to white-top ( Cement plastering ) , an additional 450 kilometers of roads across the city at an estimated cost of Rs 30 billion. The project also includes improvements to footpaths, contributing to better urban infrastructure and commuter safety.
Rent in Neo Elite ranges from ₹ 27 K to ₹ 33 K with options available for 2 BHK.
During Q2'2026, average property prices for Neo Elite moved from ₹ 7,550/sqft to ₹ 8,050/sqft, reflecting a 6.62% rise.
Bengaluru's residential property prices are projected to increase by up to 40% through 2027, driven by the expansion of the Namma Metro network. The operational Yellow Line and upcoming Pink Line are key catalysts, expected to generate 5-7 million sq. ft. of incremental office space demand in the coming two years.
During Q1'2026, average property prices for Neo Elite moved from ₹ 6,000/sqft to ₹ 7,550/sqft, reflecting a 25.83% rise.
The opening of the second arm of the Ragigudda double-decker flyover, connecting HSR Layout and Electronics City, has been postponed to the end of January 2026. This delay, attributed to heavy traffic and restrictions on work hours, has caused frustration among residents . Once operational, the flyover is expected to significantly ease traffic congestion at the Silk Board junction.
The Karnataka government has approved the Bengaluru Business Corridor (BBC), a 117-km infrastructure project aimed at reducing city traffic by up to 40%. The project, estimated at Rs 27,000 crore and funded by a HUDCO loan, is expected to be completed within two years. The BBC will connect key areas like Tumakuru Road, Yelahanka, Whitefield, Electronic City, and Mysuru Road, diverting vehicles traveling between highways and industrial zones
Price:Price on Request
Price:Price on Request

Estimate commute from your office or kid's school to Neo Elite.
Please select the starting point to calculate the travel time.
Welcome to Neo Homes Limited, one of the leading property development and management companies in Bangalore. With over 3 years of experience, we have established ourselves as a respected name in the industry. Our goal is to provide quality homes in comfortable and functional developments to meet the housing demand in Bangalore and its surrounding areas.At Neo Homes Limited, we prioritize the needs of our investors, buyers, and sellers, and aim to create a competitive advantage for them. With a dedicated team of professionals including architects, engineers, site managers, lawyers, and marketers, we ensure client satisfaction above anything else.Our areas of specialization include new construction, sales, property management, valuations, and interior works. We are committed to helping our clients achieve their goals and provide personalized real estate solutions that add tangible value across all areas of the industry.With a strong understanding of the market, the latest technologies, and changing trends, we guide our clients to achieve the best results in this ever-changing industry. Whether you are a buyer or a seller, you can trust our integrity, expertise, and ability to provide personalized and well-researched real estate advice.Contact us today at Neo Homes Limited and experience the difference that our exceptional property development and management services can make. Subscribe to our newsletter to receive firsthand information about our properties, and join us as we continue to develop strategically located, affordable housing solutions.
This website is only for the purpose of providing information regarding real estate projects in different geographies. Any information which is being provided on this website is not an advertisement or a solicitation. The company has not verified the information and the compliances of the projects. Further, the company has not checked the RERA* registration status of the real estate projects listed herein. The company does not make any representation in regards to the compliances done against these projects. Please note that you should make yourself aware about the RERA* registration status of the listed real estate projects.
*Real Estate (Regulation & Development) Act, 2016.