Property Rates in Chickpet, Bangalore 2026

Property prices in Chickpet have shown a fluctuating trend in the micromarket rates, moving from ₹12,300 per sq ft in September 2025 to ₹13,950 per sq ft in December 2025, dipping to ₹13,450 per sq ft in March 2026, and rising to ₹14,200 per sq ft as of June 2026. This trajectory suggests a resilient demand pattern within the micromarket despite short-term quarterly variations.

Property rates in Chickpet, which average ₹26,150 per sq ft, are positioned differently compared to surrounding localities. For instance, Vasanth Nagar commands a higher average rate of ₹29,250 per sq ft (which depreciated by 0.44% from June 2025 to June 2026), while Richmond Town stands at ₹21,500 per sq ft (having appreciated by 8.7% over the same period). Meanwhile, Gandhi Nagar Central Bangalore is currently priced at ₹12,550 per sq ft, reflecting a depreciation of 3.78% from June 2025 to June 2026.

As of June 2026, Ready To Move properties in Chickpet are priced at an average of ₹10,100 per sq ft, which represents a depreciation of 28.25% compared to the previous period. Well Occupied properties are currently priced at ₹8,800 per sq ft, showing a depreciation of 34.87% over the same timeframe. These figures reflect a significant correction in the pricing of existing inventory in the locality.

The projects with the highest listing rates in Chickpet as of June 2026 include Sri Vijayam and PS Building, both priced at ₹12,050 per sq ft, followed by Rallaram Building at ₹11,900 per sq ft. It is important to note that these projects have experienced price depreciation, with Sri Vijayam and PS Building seeing a 17.89% decline and Rallaram Building seeing a 16.63% decline, both compared to the previous period.

Rental rates in the vicinity of Chickpet show a clear divide between premium and standard areas as of June 2026. Locations like Lavelle Road, Shanthala Nagar, and Ashok Nagar command higher rentals at ₹100 per sq ft, with Shanthala Nagar showing an appreciation of 8.24% and Ashok Nagar appreciating by 11.11% from June 2025 to June 2026. In contrast, areas like High Grounds, Sampangi Rama Nagar, Cunningham Road, Vasanth Nagar, and Richmond Town maintain a rental rate of ₹50 per sq ft, with Richmond Town notably appreciating by 11.29% and Vasanth Nagar depreciating by 3.57% over the same period.

The price depreciation observed in projects like PK Complex (-35.38%) and D Rangaiah Complex (-34.74%) as of June 2026 suggests a market correction or a shift in demand dynamics within Chickpet. For buyers, this may present an opportunity to enter the market at a lower entry point compared to previous peaks, though it is essential to conduct thorough due diligence on project-specific factors and long-term value retention in the area.