Property Rates in Electronic City Phase I, Bangalore

The real estate market in Electronic City Phase I primarily caters to apartment living. Apartments in this locality command an average price of ⮙10,328 per sq ft. This segment has shown a marginal but positive change of 0.52%, indicating stable demand and consistent value for residential units in the area.

Electronic City Phase I offers properties across various stages of development, catering to different buyer needs and timelines. Ready To Move properties constitute a significant segment with 366 units available, averaging ⮙6,337 per sq ft, though experiencing a slight price adjustment. Well Occupied projects, with 28 units, show a robust 6.76% price increase, averaging ⮙7,671 per sq ft. Additionally, Under Construction projects, comprising 9 units, are priced at ⮙8,302 per sq ft and have seen a positive 5.2% change, reflecting confidence in future market growth. A smaller number of Mid Stage projects are also available, averaging ⮙6,043 per sq ft.

Property rates across Electronic City Phase I and its surrounding areas showcase a diverse performance landscape. Electronic City itself commands an average of ⮙9,863 per sq ft, reflecting a healthy 15.01% increase, closely followed by Rayasandra at ⮙9,901 per sq ft with a 14.36% rise. Notably, Neeladri Nagar has witnessed an exceptional surge of 50.26%, bringing its average to ⮙7,474 per sq ft, while Bommasandra also saw a strong 27.13% growth to ⮙7,714 per sq ft. Conversely, areas like Doddathoguru and Basapura have experienced slight adjustments, offering potentially more accessible entry points compared to the higher-priced Electronic City Phase I.