Property Rates in Mahadevpura, Bangalore

Mahadevpura, a key locality in Bangalore, showcases a dynamic real estate market characterized by strong asking prices and positive quarterly growth. The average asking price stands at ₹18,125 per sq ft, notably higher than the registration rate of ₹15,761 per sq ft, suggesting a healthy premium for listed properties. Over the past year, Mahadevpura has experienced a consistent upward trajectory in property values, with the average location rate rising from ₹15,753 per sq ft in March 2025 to ₹17,599 per sq ft by December 2025, demonstrating encouraging appreciation. Analyzing neighboring areas reveals that while Mahadevpura maintains a premium, localities like Doddanekundi and Kr Puram have also witnessed substantial growth, with average rates of ₹14,163 per sq ft and ₹12,616 per sq ft respectively, both showing significant percentage increases. Conversely, areas like Malleshpalya have seen a notable decline, indicating varied micro-market performances. In terms of property types, apartments dominate the market, commanding ₹18,125 per sq ft with a positive change of nearly 3%, making them an attractive investment. Villas, though priced slightly lower at ₹15,301 per sq ft, have experienced a decline of over 5%. The market offers a diverse supply, with 158 Ready To Move units available at an average of ₹7,465 per sq ft, catering to immediate occupancy needs. Top projects like DNR Casablanca and Brigade Metropolis are leading the premium segment, with asking rates of ₹18,110 per sq ft and ₹17,557 per sq ft respectively, reflecting investor confidence. Government registration data reinforces market activity, with 4 transactions totaling ₹7 Cr at an average registered rate of ₹15,750 per sq ft over the last year.