Bangalore
Koramangala remains a high-value residential and commercial hub in Bangalore, characterized by its premium property pricing and diverse housing inventory. While the residential apartment market has seen slight price adjustments, the demand for luxury villas and well-located office spaces continues to influence the local economy. Rental demand is particularly robust, with a 3.46% yield providing steady returns for property owners across various unit configurations. Development activity spans from ready-to-move projects to active construction sites, ensuring a steady supply of modern living spaces for different buyer segments.
The average asking price in Koramangala stands at ₹19,450 per sq ft as of March 2026. This figure reflects a depreciation of 2.05% compared to the previous period, indicating a slight market correction in the area's residential segment.
Property prices in Koramangala have shown a fluctuating trajectory from June 2025 to March 2026. After starting at ₹15,900 per sq ft in June 2025, the rates rose to ₹18,350 in September 2025 and peaked at ₹19,850 in December 2025, before settling at the current ₹19,450 per sq ft in March 2026. This movement suggests a period of rapid appreciation followed by a recent stabilization phase.
As of March 2026, ready-to-move projects in Koramangala are priced at an average of ₹10,300 per sq ft, which has depreciated by 4.12% over the observed period. In contrast, under-construction projects command a higher average of ₹16,450 per sq ft, reflecting a depreciation of 3.09% compared to the previous period. The price gap between these statuses highlights the premium often associated with newer, under-construction developments in this locality.
Rental rates in Koramangala vary significantly by unit size as of March 2026. Studio apartments average ₹13,200 per month, while 1 BHK units rent for approximately ₹32,150 per month. Larger configurations command higher premiums, with 2 BHK units at ₹47,000 per month, 3 BHK units at ₹1.07 Lakh per month, and 4 BHK units reaching ₹1.49 Lakh per month. These figures provide a clear hierarchy of rental costs for tenants and landlords looking at different segments.
The rental yield in Koramangala is 3.46% as of March 2026, a key metric for investors evaluating the income-generating potential of their property. This yield, calculated against the current average apartment rental rate of ₹50 per sq ft (which has depreciated by 3.45% compared to the previous period), helps investors assess the annual return on investment from rental income relative to the property's capital value.
As of March 2026, DNR Spring Leaf leads the market with a rental rate of ₹75 per sq ft, having appreciated by 1.35% compared to the previous period. Other premium rental projects include G Corp Residency at ₹74 per sq ft (stable), GP Aditya at ₹64 per sq ft (which appreciated by 14.29%), and Prestige Pine Wood at ₹62 per sq ft (which appreciated by 5.08%). These projects represent the top-tier rental segment in the locality.
As of March 2026, property prices in Koramangala vary by asset class. Villas are the most expensive, averaging ₹33,750 per sq ft after appreciating by 33.23% compared to the previous period. Apartments average ₹19,450 per sq ft, showing a depreciation of 2.05%, while office spaces average ₹15,700 per sq ft, which has appreciated by 16.94% over the same timeframe.
As of March 2026, G Corp Residency holds the highest listing rate in Koramangala at ₹25,000 per sq ft, reflecting an appreciation of 5.56% compared to the previous period. Other high-value projects include Prestige Pine Wood at ₹23,000 per sq ft (up 0.88%) and Sobha Infinia at ₹22,100 per sq ft (up 4.76%). These projects are positioned at the premium end of the local market.
Price depreciation in specific projects, such as Shriram Esquire at ₹20,100 per sq ft (down 10.3%) or Embassy Meadows at ₹20,050 per sq ft (down 11.63%) as of March 2026, often signals a market correction or a shift in demand within that specific micro-segment. Buyers should view these figures as an opportunity to assess whether the current asking price aligns better with the project's age, amenities, and current market conditions compared to previous highs.
Rental rates for apartments are consistent across several nearby areas as of March 2026, with Hsr Layout Sector 2, Ejipura, Sg Palya, Btm Layout, and Domlur all averaging ₹50 per sq ft. While the rate is uniform, the growth trends differ; for instance, Btm Layout has seen an appreciation of 40.63% compared to the previous period, whereas Hsr Layout Sector 2 has experienced a depreciation of 7.5% over the same timeframe.
