Mahadevpura has established itself as a cornerstone of Bangalore's real estate sector, balancing high-end residential luxury with consistent rental demand. Current property prices for apartments average ₹18,150 per sq ft, while registration rates sit at ₹15,750 per sq ft. Investors are particularly drawn to the area's healthy 3.11% rental yield, supported by a diverse range of unit options from studio apartments to spacious 3 BHK homes. The market continues to evolve, with top-tier projects maintaining high value while surrounding localities provide varied entry points for potential buyers.
As of September 2026, the average asking price in Mahadevpura is ₹18,150 per sq ft. This rate has experienced a marginal depreciation of 0.12% compared to the previous period, indicating a relatively stable market environment for residential apartments in this locality.
The average asking price in Mahadevpura stands at ₹18,150 per sq ft as of September 2026, while the Government Registration Rate is ₹15,750 per sq ft. This difference between the market-driven asking price and the government-notified value is a key metric for buyers to consider when calculating total acquisition costs, including stamp duty and registration fees.
As of September 2026, rental rates in Mahadevpura vary by unit size: Studios average ₹19,350 per month, 1 BHK units average ₹24,650 per month, 2 BHK units average ₹52,650 per month, and 3 BHK units average ₹68,500 per month. These figures reflect the current demand for diverse housing options, with larger configurations commanding significantly higher monthly premiums.
The rental yield in Mahadevpura is currently 3.11% as of September 2026. For investors, this yield represents the annual rental income relative to the property's purchase price, serving as a vital indicator of the potential return on investment from leasing out a residential asset in this area.
As of September 2026, the average rental rate for apartments in Mahadevpura is ₹50 per sq ft, which has appreciated by 17.5% compared to the previous period. This significant growth highlights a robust demand for rental apartments in the locality, making it a potentially attractive segment for landlords.
As of September 2026, the top projects by rental rates in Mahadevpura include Brigade Metropolis at ₹47 per sq ft, Jayani Paradise at ₹45 per sq ft, and Shilpitha Splendour at ₹44 per sq ft. Notably, the rental rate at Jayani Paradise has appreciated by 7.14% compared to the previous period, while rates at Brigade Metropolis and Shilpitha Splendour have remained stable.
Property prices in the vicinity of Mahadevpura show significant variation as of September 2026. For instance, Outer Ring Road commands a higher average asking price of ₹19,000 per sq ft (which appreciated by 4.48% compared to the previous period), while areas like Malleshpalya and Ramamurthy Nagar offer more accessible entry points at ₹7,050 per sq ft and ₹7,700 per sq ft, respectively. These price differences reflect the varying levels of infrastructure and connectivity across these distinct neighbourhoods.
As of September 2026, apartments in Mahadevpura have an average price of ₹18,150 per sq ft, showing a slight depreciation of 0.12% compared to the previous period. In contrast, villas are priced at an average of ₹15,300 per sq ft, which has seen a depreciation of 5.14% over the same timeframe. This data suggests that apartments currently maintain a higher price point and greater stability compared to the villa segment in this locality.
As of September 2026, 'Ready To Move' properties in Mahadevpura are priced at an average of ₹7,450 per sq ft. This segment has seen a depreciation of 10.64% compared to the previous period, which may signal a market adjustment or an increase in available inventory, providing potential buyers with more competitive pricing options for immediate possession.
Buyers can use the listing rates of top projects to gauge the premium positioning of specific developments. For example, as of September 2026, Brigade Metropolis is listed at ₹18,150 per sq ft (depreciated by 0.19%), while DNR Casablanca is at ₹18,100 per sq ft (stable). These rates help investors and end-users compare the value proposition of established projects against the broader locality average of ₹18,150 per sq ft.