Electronic City Phase II, Bangalore

Bengaluru has become India's second most expensive housing market, driven by strong employment growth, ongoing infrastructure development, and robust end-user demand. Micro-markets in South Bengaluru are particularly seeing high demand due to metro connectivity and established social infrastructure.

Bengaluru has emerged as India's top office market in the January-March quarter of 2026, leasing 5.3 million sq ft of space, a 24.7% increase year-on-year. The city captured 33% of all leasing by foreign occupiers, with Global Capability Centres (GCCs) dominating demand at 70%.

The Bengaluru Development Authority (BDA) is set to launch over 4,000 apartments across six projects in areas including Electronics City, Konadasapura, Kalathammanahalli, and Kenchanapura This initiative aims to address Bengaluru's growing housing demand and optimize urban land use. The BDA has invested approximately ₹3,200 crore in these projects, which are in various stages of construction.

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.

India's office real estate market showed strength in Q1 2026 with vacancy levels tightening due to sustained occupier demand and moderated new supply. Office vacancy rate also saw a reduction, contributing to the overall positive trend. This is expected to lead to increased rental growth and sustained demand for quality office spaces.

The Bengaluru Development Authority (BDA) is set to launch over 4,000 apartments across six housing projects in Bengaluru, targeting middle-class buyers near IT hubs. Projects in Konadasapura and Electronics City will offer affordable options. This initiative aims to address Bengaluru's growing housing demand and optimize urban land use, potentially providing more housing options and improving affordability in the city.

Puravankara Limited has launched 'Purva Silversky,' a premium residential development in Hebbagodi, Electronic City, Bengaluru. The project features 356 residences across three 32-storey towers with 88% open spaces. Homes range from 1,864 sq ft to over 5,300 sq ft, priced from Rs 12,100+ per sq ft, with completion expected in 2030. The development offers excellent connectivity to IT hubs and is located near Huskur Metro Station

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.