Property Rates in Electronic City Phase II, Bangalore 2026

Property prices in Electronic City Phase II have shown a fluctuating trajectory over the past few quarters, with the average rate recorded at ₹5,550 per sq ft in March 2026. This follows a rate of ₹6,100 per sq ft in December 2025 and ₹5,900 per sq ft in September 2025. This quarterly movement indicates a softening in asking prices, which may signal a more favorable environment for end-users seeking to purchase homes in this micromarket.

Property prices vary significantly across the region, with Electronic City Phase II currently averaging ₹5,550 per sq ft. In comparison, nearby areas like Rayasandra command a higher average of ₹10,200 per sq ft, which has appreciated by 3.86%, while Ananth Nagar offers a more accessible price point at ₹4,800 per sq ft, having appreciated by 5.17%. These differences highlight the diverse investment profiles available within the broader Electronic City region, ranging from premium pockets to more budget-friendly options.

As of March 2026, villas in Electronic City Phase II are priced at an average of ₹9,200 per sq ft, having appreciated by 15.32% over the observed period. In contrast, apartments are currently priced at an average of ₹5,550 per sq ft, which has seen a depreciation of 9.34%. This significant price gap reflects the premium nature of villa developments compared to the apartment segment in the locality.

Project status plays a key role in pricing, with New Launch projects currently commanding the highest average at ₹8,000 per sq ft, reflecting a notable appreciation of 26.76%. Ready To Move projects are priced at ₹6,500 per sq ft, showing a stable appreciation of 2.31%, while Under Construction projects are available at an average of ₹7,750 per sq ft, which has undergone a depreciation of 13.27% as of March 2026. These variations allow buyers to choose between the immediate occupancy of ready homes or the potential value proposition of new and under-construction developments.

The average rental rate in Electronic City Phase II is ₹32 per sq ft as of March 2026, marking an appreciation of 6.67% compared to previous periods. The locality currently offers a rental yield of 6.92%, which serves as a key indicator for investors looking to balance capital appreciation with consistent rental income. A yield of this level suggests a healthy demand for rental housing, likely supported by the proximity to employment hubs in the area.

Rental rates in Electronic City Phase II are segmented by unit size to cater to diverse tenant needs. As of March 2026, 1 BHK units command an average rent of ₹26,000 per month, 2 BHK units average ₹30,900 per month, and 3 BHK units are available at an average of ₹50,250 per month. These figures provide a clear benchmark for both landlords setting competitive rents and tenants planning their housing budgets in the locality.

SNN Raj GreenBay leads the rental market in Electronic City Phase II with a current rental rate of ₹42 per sq ft, having appreciated by 5% as of March 2026. Other notable projects include Icon Happy Living and Ajmera Nucleus, both maintaining a rental rate of ₹32 per sq ft with stable pricing. These projects are positioned at the higher end of the rental spectrum, reflecting their amenities and desirability among tenants seeking quality living spaces in the area.

Buyers should view the current average asking price of ₹5,550 per sq ft as a baseline that reflects a recent market correction of 9.34%. By comparing this with the higher rates in surrounding areas like Rayasandra (₹10,200 per sq ft) and the varying price points of different project statuses, buyers can identify whether they are getting value for money. It is recommended to look at both the long-term price trend and the specific status of the project—such as Ready To Move versus New Launch—to align the purchase with their financial goals and timeline.

The market in Electronic City Phase II presents opportunities for both profiles, depending on their specific objectives. For investors, the rental yield of 6.92% is a strong signal of income potential, while the depreciation in apartment prices might offer a strategic entry point for long-term capital appreciation. For end-users, the availability of Ready To Move units at ₹6,500 per sq ft and the overall price adjustment of 9.34% provide a stable and more affordable environment to secure a home in a well-connected part of the city.