Bangalore
Basavanagudi remains one of Bangalore's most sought-after residential hubs, characterized by high-value real estate and steady demand. The current market average of ₹14,100 per sq ft reflects a mature landscape, with premium projects setting benchmarks well above the local average. Rental activity is robust, driven by a 3.49% yield and a significant increase in apartment rental rates. The supply mix is heavily weighted towards ready-to-move options, providing immediate value for those looking to settle in this historic yet evolving part of the city.
As of June 2026, the average asking price in Basavanagudi stands at ₹14,100 per sq ft. This figure reflects a market adjustment, having depreciated by 1.45% compared to the previous period. Understanding this price point is essential for buyers and investors looking to gauge the current entry cost in this established residential locality.
The price trend in Basavanagudi has shown a fluctuating trajectory over the last few quarters. While the average asking price was recorded at ₹14,100 per sq ft in March 2026, it saw a slight dip from the ₹14,300 per sq ft observed in December 2025. Monitoring these quarterly movements helps stakeholders identify whether the market is currently favoring buyers or sellers based on recent demand and supply dynamics.
Property rates in Basavanagudi vary significantly by type, with villas currently commanding a premium. As of June 2026, villas are priced at an average of ₹25,100 per sq ft, having appreciated by 185.46% over the observed period. In contrast, apartments are priced at ₹14,100 per sq ft, which represents a depreciation of 1.45% compared to the previous assessment period.
The rental yield in Basavanagudi is currently 3.49%, providing a clear indicator of the potential return on investment for property owners. This yield is supported by an average rental rate of ₹41 per sq ft as of June 2026, which has appreciated by 41.38% compared to the prior period. For investors, a yield of this nature helps in evaluating the income-generating capacity of residential assets relative to their capital purchase price.
Rental rates in Basavanagudi show distinct patterns depending on the property category. As of June 2026, both apartments and office spaces command an average rental rate of ₹50 per sq ft. While apartment rentals have seen significant appreciation of 41.38% over the comparison period, office space rentals have experienced a marginal depreciation of 2.99%.
Among the premium residential options in Basavanagudi, Concorde Luxepolis and Prestige Botanique lead the rental market. As of June 2026, Concorde Luxepolis commands a rental rate of ₹51 per sq ft, while Prestige Botanique follows closely at ₹49 per sq ft. Both projects have maintained stable rental pricing with 0% change recorded over the recent period, reflecting consistent demand for high-quality residential spaces in the area.
Property rates in the vicinity of Basavanagudi show a diverse pricing landscape. As of June 2026, Jayanagar is a premium neighbouring market with an average asking price of ₹21,750 per sq ft, showing an appreciation of 4.04%. Conversely, more accessible options include Ittamadu at ₹9,500 per sq ft and Wilson Garden at ₹10,000 per sq ft, both of which have remained stable with 0% price change. These comparisons allow buyers to identify which neighbourhoods align best with their budget and investment goals.
As of June 2026, Ready To Move properties in Basavanagudi are priced at an average of ₹8,950 per sq ft, having depreciated by 22.58% compared to the previous period. Meanwhile, Under Construction projects are currently listed at ₹12,300 per sq ft, which reflects a depreciation of 21.11% over the same timeframe. This pricing data suggests that buyers have distinct entry points depending on their preference for immediate possession versus long-term project development.
Prestige Botanique currently holds the highest listing rate in Basavanagudi at ₹18,450 per sq ft as of June 2026, marking a notable appreciation of 28.46% over the comparison period. Other prominent projects include Sycon Heritage at ₹16,850 per sq ft and Kumar Paradise at ₹15,800 per sq ft. These figures represent the premium segment of the local market, helping prospective buyers understand the valuation of top-tier residential developments in the locality.
For those seeking larger living spaces, 3 BHK apartments in Basavanagudi are currently available at an average rental rate of ₹35,900 per month as of June 2026. This data point is particularly useful for families and professionals looking to budget for monthly housing expenses. By comparing this against the overall average rental rate of ₹41 per sq ft, tenants can better understand the value proposition of 3 BHK units in the current market.
