Property Rates in Electronic City Phase I, Bangalore

Apartments form the primary residential offering in Electronic City Phase I, Bangalore, with an average price of ₹9,939 per sq ft. This segment has seen a slight dip of -3.27% in its average rate, indicating a potential buyer's market for apartment seekers.

Electronic City Phase I offers a diverse range of property statuses to suit various buyer needs. Ready To Move properties are most abundant with 340 units, averaging ₹6,275 per sq ft, though showing a slight decrease. Under Construction projects present 9 opportunities priced at ₹8,302 per sq ft with a positive growth of 5.2%, appealing to those planning for the future.

Within Electronic City Phase I, Bangalore, property rates vary across its micro-localities. Rayasandra stands out with an average rate of ₹10,223 per sq ft, showing a significant 18.08% increase. Bommasandra also experienced substantial growth, with rates at ₹7,773 per sq ft and a remarkable 28.1% rise. In contrast, Doddathoguru is priced lower at ₹5,518 per sq ft, reflecting a -4.52% change, while Neeladri Nagar shows a positive trend with rates at ₹5,486 per sq ft and a 10.29% increase.

Among top rental projects in Electronic City Phase I, Shriram Signia commands ₹46 per sq ft, while Keya Homes The Green Terraces and Godrej Nurture Electronic City are both priced at ₹42 per sq ft, with the latter showing a 5% increase. Prestige Sunrise Park Norwood offers rentals at ₹37 per sq ft with an 8.82% rise.

In Electronic City Phase I, Bangalore, rental rates vary significantly by BHK configuration. 1 BHK apartments are available for an average of ₹30,300 per month, while 2 BHK apartments command a higher average of ₹32,957 per month. The demand for larger spaces is evident, with 3 BHK apartments fetching the highest average rent at ₹43,750 per month.

Rental rates across Electronic City Phase I show diverse performance. Electronic City itself averages ₹34 per sq ft with a 9.68% year-on-year increase, while Electronic City Phase II sees rents at ₹32 per sq ft, up by 6.67%. Rayasandra experienced a decline of -5.71%, averaging ₹33 per sq ft. Notably, Hosa Road stands out with a high average rental rate of ₹73 per sq ft, despite a -13.1% change.

Apartments are the primary property type for rent in Electronic City Phase I, Bangalore, with an average rental rate of ₹35 per sq ft, showing a positive year-on-year change of 12.9%.