Millers Road Property Rates — ₹20,800/sq ft

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Property rates in Millers Road average ₹20,800 per sq ft, reflecting a strong upward trend in the local real estate market. This central Bangalore location continues to attract significant interest, with apartment prices showing an impressive growth of 11.41%. The area offers a mix of established residential options, including well-occupied premium projects that command rates up to ₹25,000 per sq ft, highlighting the area's enduring appeal to high-end property investors and residents.

Insights

Insights for Millers Road, Bangalore Real Estate Market Overview

Millers Road serves as a premier residential destination in central Bangalore, characterized by robust price appreciation and a diverse range of property options. The market has seen a notable shift over the past year, with current asking prices reaching ₹20,800 per sq ft for apartments. Rental demand remains steady across surrounding neighborhoods, where rates hover between ₹50 and ₹100 per sq ft depending on the specific micro-market. Investors and homebuyers are increasingly drawn to the area's established infrastructure and the presence of high-value residential developments.

Apartment prices in Millers Road have experienced a significant growth of 11.41% over the past year.
Premium developments like Windsor Court command current rates of ₹25,000 per sq ft.
Ready-to-move projects in the area provide immediate occupancy options at an average rate of ₹13,450 per sq ft.
Rental rates in neighboring areas like Ashok Nagar and Lavelle Road have reached premium levels of ₹100 per sq ft.
The area demonstrates a clear price premium compared to surrounding micro-markets like Benson Town, which averages ₹11,150 per sq ft.

Market Strengths

Millers Road maintains a robust average asking price of ₹20,800 per sq ft, reflecting its status as a high-value central Bangalore location.
The area has recorded consistent quarterly price growth, with rates rising from ₹18,650 to ₹20,800 per sq ft within three months.
A diverse range of rental options exists in neighboring areas, with rates reaching up to ₹100 per sq ft in prime locations like Shanthala Nagar and Ashok Nagar.
The locality supports a mix of ready-to-move and well-occupied housing, catering to both immediate residents and long-term investors.
Strong performance in specific projects like Rosary Apartment, which grew by 7.31%, highlights pockets of significant value creation within the locality.

Market Challenges

Several residential projects, including Gold Opus and Redifice Amrosia Apartment, have seen price corrections ranging from -7.78% to -9.50%, suggesting a need for careful project selection.
The wide variance in rates between premium projects at ₹25,000 per sq ft and entry-level projects at ₹11,050 per sq ft requires investors to conduct thorough due diligence on specific property segments.
Rental rates in some high-demand areas like Lavelle Road have experienced a -8.7% decline, indicating potential volatility in rental income expectations.

Investment Opportunities

The 11.41% annual growth in apartment prices indicates strong capital appreciation potential for long-term investors.
Well-occupied projects in Millers Road command a premium rate of ₹25,000 per sq ft, signaling high demand for established luxury housing.
Rental yields in nearby premium pockets like Ashok Nagar and Lavelle Road remain strong at ₹100 per sq ft, offering attractive passive income potential.
Ready-to-move projects priced at ₹13,450 per sq ft provide a more accessible entry point for investors seeking immediate rental returns.

Top Localities in Millers Road, Bangalore

Cunningham Road

Avg Price ₹ 31,700 /Sq.Ft.

Avg Rent ₹ 49 /Sq.Ft.

YIELD + 1.85

LISTINGS 26

Price Trend

Millers Road, Bangalore Property Price Trends and Appreciation

The market at Millers Road has shown consistent upward momentum, with location rates climbing from ₹18,650 per sq ft in September 2025 to ₹20,800 per sq ft by December 2025. This steady appreciation highlights the increasing desirability of the locality compared to broader micromarket trends, which moved from ₹12,300 to ₹13,950 per sq ft in the same period.

Asking Price Trends

₹ 20,800/Sq.Ft

Sep 2025 — Jun 2026

Quarter	City Rate
Jun 2026	0
Mar 2026	0
Dec 2025	20800
Sep 2025	18650

About Asking Price Trends

Millers Road Property Price Comparison

By Localities
By Property Type
By Property Status

Location	Rate (₹/Sq.Ft)	Change %
Vasanth Nagar	29,350	-2.2
Seshadripuram	15,950	6.9
Benson Town	11,150	-7.6
Gandhi Nagar Central Bangalore	13,050	26.4
Frazer Town	16,950	14.1
Pulikeshi Nagar	16,950	6.3
Richmond Town	19,750	1.4
Rt Nagar	7,150	6.2

Millers Road stands as a high-value hub within central Bangalore, often commanding a significant premium over surrounding neighborhoods. While Vasanth Nagar remains a top-tier competitor at ₹29,350 per sq ft, Millers Road offers a more accessible entry point for luxury seekers compared to Vasanth Nagar's pricing. Meanwhile, areas like Benson Town and RT Nagar remain more affordable, averaging ₹11,150 per sq ft and ₹7,150 per sq ft respectively, providing diverse options for varying investment budgets.

Type	Rate (₹/Sq.Ft)	Change %
Apartment	20,800	11.4

The Millers Road real estate market is dominated by apartment-style living, which has seen a notable price increase of 11.41% over the last year. Currently priced at an average of ₹20,800 per sq ft, apartments represent the primary investment vehicle for those looking to secure a foothold in this central Bangalore locality. This consistent demand for residential units underscores the area's reputation as a stable and growing residential address.

Status	No of Project	Rate (₹/Sq.Ft)	Change %
Ready To Move	7	15,100	-4.2

The Millers Road market provides a balanced supply of residential options to suit different buyer timelines. Ready-to-move projects, which currently account for 6 units, offer a stable entry point at an average of ₹13,450 per sq ft. For those seeking premium, established living, well-occupied projects are available at a higher price point of ₹25,000 per sq ft, reflecting the long-term value and high demand for mature developments in this prime location.

Project & Developer Insights

Top Residential Projects and Developers in Millers Road

Provident Equinox ₹ 83.88 L - ₹ 1.02 Cr

Central Bangalore, Bangalore

Provident Equinox 4 ₹ 73.49 L - ₹ 1.8 Cr

Central Bangalore, Bangalore

Provident Equinox 5 ₹ 90 L - ₹ 2.2 Cr

Central Bangalore, Bangalore

Birla Tisya ₹ 1.57 Cr - ₹ 3.48 Cr

Central Bangalore, Bangalore

Godrej Tiara ₹ 3.5 Cr - ₹ 5.3 Cr

Central Bangalore, Bangalore

Lodha Mirabelle ₹ 2.25 Cr - ₹ 4.56 Cr

Central Bangalore, Bangalore

Shriram Esquire ₹ 3.47 Cr - ₹ 4.24 Cr

Central Bangalore, Bangalore

Godrej Athena ₹ 2.55 Cr - ₹ 3.59 Cr

Central Bangalore, Bangalore

Sobha Infinia ₹ 3.59 Cr - ₹ 6.63 Cr

Central Bangalore, Bangalore

Century Regalia ₹ 6.65 Cr - ₹ 9.04 Cr

Central Bangalore, Bangalore

New Launch

Under Construction

Ready to Move

Elegant Properties ₹ 57 L - ₹ 3.67 Cr

81 Projects

Gold Enterprises ₹ 54 L - ₹ 54 L

27 Projects

Redifice Developers Pvt Ltd ₹ 1.25 Cr - ₹ 4.61 Cr

11 Projects

Sri Vijaya Durga Developers

3 Projects

Unitech ₹ 45.91 L - ₹ 1.73 Cr

8 Projects
48 Years

Top Projects by Listing Rates

Listing Rate

Project Name	Rate (₹/Sq.Ft)	Change %
Windsor Court, Millers Road	25,000	-
Gold Opus, Millers Road	19,250	-7.8
Jaishree Point Apartment, Millers Road	16,500	-8.4
Mushatari Manzil, Millers Road	11,550	-2.3
Elegant Buckingham, Millers Road	11,500	-2.7
Redifice Amrosia Apartment, Millers Road	11,050	-9.5
Rosary Apartment, Millers Road	10,700	7.3

Premium residential developments in Millers Road define the local luxury landscape, with Windsor Court leading the segment at ₹25,000 per sq ft. Gold Opus also remains a significant player, priced at ₹19,250 per sq ft despite a minor adjustment of -7.78%. Other notable projects like Jaishree Point Apartment at ₹16,500 per sq ft and Rosary Apartment, which has seen a positive growth of 7.31% to reach ₹10,700 per sq ft, round out the diverse high-end offerings in the area.

Explore Property Rates in Top Cities

Mumbai

Avg. Asking Price ₹ 38,600 /Sq.Ft

Govt Registration Rate ₹ 18,550 /Sq.Ft

Navi Mumbai

Avg. Asking Price ₹ 19,300 /Sq.Ft

Govt Registration Rate ₹ 13,900 /Sq.Ft

Thane

Avg. Asking Price ₹ 15,350 /Sq.Ft

Govt Registration Rate ₹ 9,600 /Sq.Ft

Gurgaon

Avg. Asking Price ₹ 14,850 /Sq.Ft

Pune

Avg. Asking Price ₹ 12,950 /Sq.Ft

Govt Registration Rate ₹ 8,650 /Sq.Ft

Bangalore

Avg. Asking Price ₹ 12,100 /Sq.Ft

Noida

Avg. Asking Price ₹ 11,750 /Sq.Ft

Govt Registration Rate ₹ 9,150 /Sq.Ft

Hyderabad

Avg. Asking Price ₹ 9,300 /Sq.Ft

Govt Registration Rate ₹ 3,800 /Sq.Ft

Chennai

Avg. Asking Price ₹ 7,900 /Sq.Ft

Lucknow

Avg. Asking Price ₹ 6,700 /Sq.Ft

Govt Registration Rate ₹ 2,950 /Sq.Ft

Micromarket-Wise Property Price Trends Around Millers Road, Bangalore

East Bangalore

Avg. Asking Price ₹ 13,750 /Sq.Ft

Central Bangalore

Avg. Asking Price ₹ 13,450 /Sq.Ft

South Bangalore

Avg. Asking Price ₹ 11,300 /Sq.Ft

North Bangalore

Avg. Asking Price ₹ 11,150 /Sq.Ft

Govt Registration Rate ₹ 6,000 /Sq.Ft

West Bangalore

Avg. Asking Price ₹ 11,150 /Sq.Ft

More insights about Millers Road, Bangalore

Millers Road, Bangalore Overview

FAQ

Frequently Asked Questions About Property Rates in Millers Road, Bangalore

What is the average asking price in Millers Road as of June 2026?

The average asking price in Millers Road is ₹20,800 per sq ft as of June 2026. This rate has remained stable with a 0% change, indicating a period of price consolidation in this residential market.

How have property price trends in Millers Road evolved recently?

Property price trends in Millers Road have shown a positive trajectory over the last few quarters. The micromarket rate increased from ₹12,300 per sq ft in September 2025 to ₹14,200 per sq ft by June 2026, reflecting growing interest and sustained demand in the area.

How do property prices in Millers Road compare to nearby neighbourhoods?

Property prices in Millers Road, currently at ₹20,800 per sq ft, are positioned differently compared to surrounding areas. For instance, Vasanth Nagar commands a higher average rate of ₹29,350 per sq ft (which depreciated by 2.18%), while areas like RT Nagar offer more accessible entry points at ₹7,150 per sq ft, which appreciated by 6.21% from the previous period.

What is the price difference between Ready To Move and Well Occupied properties in Millers Road?

As of June 2026, Ready To Move properties in Millers Road are priced at an average of ₹13,450 per sq ft, having depreciated by 4.89% compared to the prior period. In contrast, Well Occupied properties command a premium, averaging ₹25,000 per sq ft, with prices remaining stable at 0% change.

Which are the top projects by listing rates in Millers Road?

Windsor Court leads the listing rates in Millers Road at ₹25,000 per sq ft as of June 2026, showing no change in price. Other notable projects include Gold Opus at ₹19,250 per sq ft (which depreciated by 7.78%) and Jaishree Point Apartment at ₹16,500 per sq ft (which depreciated by 8.36% from the previous period).

How do rental rates vary across neighbourhoods near Millers Road?

Rental rates in the vicinity of Millers Road show a clear tier-based structure. Neighbourhoods like Vasanth Nagar, Cunningham Road, and Benson Town currently command an average rental rate of ₹50 per sq ft. Conversely, premium areas such as Lavelle Road, Shanthala Nagar, and Ashok Nagar command higher rental rates of ₹100 per sq ft, with Ashok Nagar seeing a notable appreciation of 11.11% in rental value.

What should investors know about the rental market trends near Millers Road?

Investors looking at the rental market near Millers Road should note the significant appreciation in select areas. For example, rental rates in Frazer Town have appreciated by 22.45% and in Pulikeshi Nagar by 20% as of June 2026. While some areas like Lavelle Road saw a depreciation of 8.7% in rental rates, the overall consistency in areas like Cunningham Road at ₹50 per sq ft suggests a stable income-generating environment for landlords.

How should a buyer interpret the property rate data for Millers Road?

Buyers should use the provided data to distinguish between project-specific premiums and broader market averages. With the average asking price in Millers Road at ₹20,800 per sq ft, comparing this against the status-wise data—such as the ₹13,450 per sq ft for Ready To Move units—helps in identifying whether a project is priced at a premium due to its specific status, amenities, or age.