Bangalore
Defence Colony, a prominent locality in Bangalore, presents a focused real estate market. The current asking price stands at a competitive ₹21,648 per sq ft, reflecting its appeal. Analysis of quarterly price trends for the locality indicates a recorded rate of ₹21,648 per sq ft in September 2025, though consistent data for other quarters is not available. This suggests a stable, albeit selectively reported, pricing environment. The market currently offers properties primarily categorized by their status. Ready To Move units are priced at an average of ₹12,669 per sq ft, showing no change in recent periods, making them an attractive option for immediate occupancy. Meanwhile, Well Occupied properties command a higher average of ₹18,657 per sq ft, despite experiencing a slight decrease of -7.24% in their average price. This nuanced pricing strategy between property statuses offers distinct entry points for buyers. Key developments influencing the market include Prestige Grand Oak, currently listed at ₹18,657 per sq ft, which has seen a -7.24% price adjustment. Another significant project, elegant rosemarine, is available at ₹12,669 per sq ft, maintaining a stable price. These projects highlight the premium and accessible segments within Defence Colony. Official government registration data for April 2025 to March 2026 shows two property transactions, amounting to a gross value of ₹ 5 Cr. The average registered rate during this period was ₹16,850 per sq ft, indicating a healthy transaction value despite the limited number of recorded deals. This registration activity underscores a functional and active, albeit niche, property market in Defence Colony.
