Property Rates in Basavanagudi, Bangalore 2026

Property prices in Basavanagudi have shown a clear upward trajectory throughout 2026. Data shows the average asking price rose from ₹14,100 per sq ft in Mar 2026 to ₹16,500 per sq ft by Jun 2026, signaling sustained buyer interest and a tightening supply of quality residential inventory in the area.

Basavanagudi, with an average asking price of ₹16,500 per sq ft, sits at a premium compared to several surrounding areas. For instance, neighbouring Mysore Road offers a more accessible entry point at ₹8,600 per sq ft, which has appreciated by 18.39%. Meanwhile, Jayanagar commands a higher average of ₹18,900 per sq ft, though it has seen a market correction of -13.24% as of Sep 2026. Other nearby areas like Banashankari and Padmanabha Nagar are priced at ₹13,450 per sq ft and ₹15,850 per sq ft, respectively.

As of Sep 2026, Ready To Move properties in Basavanagudi are priced at an average of ₹10,700 per sq ft, having appreciated by 17.83%. In contrast, Under Construction projects command a higher premium at ₹14,700 per sq ft, which has seen a substantial appreciation of 41.67% compared to previous periods, reflecting the value placed on newer, modern developments in the locality.

The most premium project in Basavanagudi is Machani Svasa Homes, which currently lists at ₹28,000 per sq ft as of Sep 2026, with rates remaining stable. Other high-value projects include Prestige Botanique at ₹25,500 per sq ft, which has appreciated by 54.13%, and Siddh Shekha Marquis at ₹20,950 per sq ft, which has seen a notable appreciation of 65.64% over the observed period.

As of Sep 2026, the average rental rate for apartments in Basavanagudi is ₹50 per sq ft. This rate has experienced a significant appreciation of 41.38% compared to previous periods, highlighting the increasing desirability of the area for tenants and the potential for landlords to see improved rental income.

For those seeking larger living spaces, 3 BHK apartments in Basavanagudi command an average monthly rent of ₹91,250 as of Sep 2026. This price point reflects the premium nature of the locality and the high demand for spacious, family-oriented residential units within this well-connected part of Bangalore.

Rental rates in Basavanagudi are competitive with nearby localities, with an average of ₹50 per sq ft. This is consistent with rates in Banashankari, JP Nagar Phase 1, and Tilak Nagar, which also average ₹50 per sq ft. Padmanabha Nagar stands out as a more premium rental market in the vicinity, commanding ₹100 per sq ft with a marginal appreciation of 1.74% as of Sep 2026.

Concorde Luxepolis and Prestige Botanique are among the top rental projects in Basavanagudi as of Sep 2026. Concorde Luxepolis leads with a rental rate of ₹51 per sq ft, while Prestige Botanique follows closely at ₹49 per sq ft. Both projects maintain stable rental values, reflecting their established status and high demand among tenants looking for quality residential options in the locality.

Buyers should use this data to benchmark their property search against current market averages of ₹16,500 per sq ft and observe the clear appreciation trends across different project statuses. By comparing the ₹10,700 per sq ft rate for Ready To Move units against the ₹14,700 per sq ft for Under Construction projects, investors can better align their budget with their preference for immediate occupancy versus long-term capital growth potential.