Property Rates in ITPL Road, Bangalore 2026

The property price trend in ITPL Road has shown a dynamic trajectory, with the micromarket rate recorded at ₹13,500 per sq ft in June 2026, compared to ₹13,750 per sq ft in March 2026, ₹13,300 per sq ft in December 2025, and ₹12,150 per sq ft in September 2025. This fluctuation reflects the evolving nature of the local real estate market, where developers and sellers adjust pricing in response to shifting buyer sentiment and inventory absorption levels.

Property rates in the vicinity of ITPL Road vary significantly depending on the specific locality. As of June 2026, areas like Outer Ring Road command a premium at ₹18,200 per sq ft (which appreciated by 6.97%), Mahadevpura at ₹18,150 per sq ft (appreciated by 3.21%), and Hoodi at ₹18,100 per sq ft (appreciated by 18.24%). Conversely, more affordable options are available in Ramamurthy Nagar at ₹6,150 per sq ft (which depreciated by 11.14%) and Malleshpalya at ₹6,800 per sq ft (which depreciated by 14.64%).

As of June 2026, ready-to-move properties in ITPL Road are priced at an average of ₹8,900 per sq ft, having appreciated by 11.74% compared to previous periods. In contrast, under-construction projects are currently priced at ₹8,850 per sq ft, showing stable pricing with a 0% change. This marginal difference suggests that buyers are currently finding competitive value in both segments, though ready-to-move units have seen more significant price appreciation recently.

Several projects define the premium segment in ITPL Road as of June 2026. SMR Vinay Endeavour leads with a rate of ₹12,700 per sq ft, having appreciated by 5.11%. Other notable projects include Renaissance Avriti at ₹11,800 per sq ft (up 16.59%) and Avriti at ₹10,650 per sq ft (up 5.06%). These projects demonstrate consistent price growth, reflecting strong demand for established residential developments in the area.

Rental rates across neighbourhoods surrounding ITPL Road are currently uniform at ₹50 per sq ft, though they show varying growth trends. For instance, Mahadevpura has seen a 10% appreciation in rental rates, while Brookefield has seen an 8.57% increase. Meanwhile, areas like Kr Puram and Akshya Nagar have experienced rental depreciation of 5.26% and 5%, respectively. Investors should note that while the base rental rate is consistent, the growth trajectory of these rentals varies by locality, which is a key factor for long-term yield projections.

Tenants looking for rental properties near ITPL Road will find a consistent average rental rate of ₹50 per sq ft across major nearby localities such as Doddan localities including Doddanekundi, Pai Layout, and Malleshpalya as of June 2026. While the base rate is stable, tenants should be aware of the recent market performance in these areas; for example, Mahadevpura and Pai Layout have shown positive rental growth of 10% and 8.33% respectively, whereas areas like CV Raman Nagar have seen a depreciation of 3.23%.