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Insights for Millers Road, Bangalore Real Estate Market Overview

The Millers Road real estate market exhibits a strong upward trend, currently averaging ₹20,800 per sq ft compared to ₹18,650 per sq ft just a few months ago. This growth is mirrored by the apartment sector, which remains the dominant property type in the area. While the broader central Bangalore region shows varied performance, Millers Road stands out for its consistent value appreciation and steady demand for ready-to-move projects. Rental demand remains healthy, with several key nearby localities maintaining competitive rates.

  • Average property rates have increased significantly, rising from ₹18,650 per sq ft in September 2025 to ₹20,800 per sq ft by December 2025.
  • Apartment prices have seen an 11.41% growth, solidifying their position as the primary residential asset class in the area.
  • Ready-to-move residential projects are currently priced at an average of ₹14,050 per sq ft, showing a positive 4.79% change.
  • Rental rates in surrounding areas like Shanthala Nagar and Ashok Nagar are commanding ₹100 per sq ft, indicating strong premium demand in the vicinity.
  • Top residential projects such as Gold Opus and Jaishree Point Apartment continue to lead the market with high listing rates and positive quarterly growth.

Market Strengths
  • The overall average property rate of ₹20,800 per sq ft reflects high market confidence and premium positioning.
  • Consistent quarterly price growth from ₹18,650 to ₹20,800 per sq ft highlights sustained buyer interest.
  • Strong performance in the apartment sector with an 11.41% year-over-year price increase.
  • High rental demand in central hubs like Lavelle Road and Ashok Nagar at ₹100 per sq ft.
  • Positive growth in ready-to-move inventory, which has appreciated by 4.79%.
  • Successful premium projects like Gold Opus and Jaishree Point Apartment act as anchors for local property values.
Market Challenges
  • Significant price volatility exists in older project segments, such as Windsor Court, which saw a -60.4% change.
  • Some established localities like Frazer Town have experienced a sharp correction in average rates of -37.79%.
  • Rental rates in Vasanth Nagar have seen a slight decline of -3.57%.
Investment Opportunities
  • Ready-to-move apartments offer a stable entry point at ₹14,050 per sq ft with consistent 4.79% growth.
  • Premium projects like Jaishree Point Apartment show strong capital appreciation potential with an 11.84% increase.
  • Rental demand in nearby Shanthala Nagar and Ashok Nagar is high at ₹100 per sq ft, suggesting good potential for buy-to-let investors.
  • The 11.41% growth in the apartment segment indicates a strong upward trend for long-term residential investment.
Top Localities in Millers Road, Bangalore

Cunningham Road

Avg Price ₹ 31,700 /Sq.Ft.
Avg Rent ₹ 49 /Sq.Ft.
YIELD + 1.85
LISTINGS 27

Shivaji Nagar

Avg Price ₹ 12,300 /Sq.Ft.
Avg Rent ₹ 122 /Sq.Ft.
YIELD + 11.90
LISTINGS 9
Price Trend

Millers Road, Bangalore Property Price Trends and Appreciation

Property values in Millers Road have shown a steady climb, moving from ₹18,650 per sq ft in September 2025 to a current average of ₹20,800 per sq ft. This clear upward trend highlights the growing demand for residential space in this prime location. In contrast, the wider micromarket has also tracked higher, rising from ₹12,300 per sq ft to ₹13,950 per sq ft over 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 29,250 -0.4
Benson Town 15,800 41.7
Gandhi Nagar Central Bangalore 12,550 -3.8
Frazer Town 10,550 -37.8
Pulikeshi Nagar 16,550 -2.3
Richmond Town 21,500 8.7
Richards Town 18,300 -
Rt Nagar 15,650 118.3
The residential landscape around Millers Road is defined by a diverse range of neighboring localities. Vasanth Nagar commands a premium at ₹29,250 per sq ft, while Richmond Town remains a high-value option at ₹21,500 per sq ft. Richards Town and Pulikeshi Nagar offer more moderate entry points, averaging ₹18,300 per sq ft and ₹16,550 per sq ft respectively. Meanwhile, locations like Frazer Town and Gandhi Nagar Central Bangalore provide alternative options at ₹10,550 per sq ft and ₹12,550 per sq ft.
Type Rate (₹/Sq.Ft) Change %
Apartment 20,800 11.4
Millers Road's real estate market is centered on apartment living, which is currently priced at an average of ₹20,800 per sq ft. This segment has experienced a robust 11.41% growth, reflecting high buyer confidence in the area's residential offerings. These apartments cater to those seeking established, high-value properties in a central location.
Status No of Project Rate (₹/Sq.Ft) Change %
Ready To Move 6 14,050 4.8
The Millers Road market features a selection of ready-to-move properties, which are currently priced at an average of ₹14,050 per sq ft. This inventory has seen a 4.79% positive change, offering a reliable option for buyers looking for immediate possession. With six active units available, these projects provide a clear path for those prioritizing move-in readiness over under-construction timelines.
Project & Developer Insights

Top Residential Projects and Developers in Millers Road

Top Projects in Millers Road
Provident Equinox 4 is the top project in Millers Road with prices from ₹ 73.49 Lac to 1.80 Cr.
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
Brigade Horizon ₹ 55.96 L - ₹ 3.08 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
View More
New Launch
Under Construction
Ready to Move
Top Developers in Bangalore
Elegant Properties leads in Bangalore with 81 projects and years of experience.
DLF
Elegant Properties ₹ 57 L - ₹ 3.67 Cr
  • 81 Projects
DLF
Gold Enterprises ₹ 54 L - ₹ 54 L
  • 27 Projects
DLF
Redifice Developers Pvt Ltd ₹ 1.25 Cr - ₹ 4.61 Cr
  • 11 Projects
DLF
Sri Vijaya Durga Developers
  • 3 Projects
DLF
Unitech ₹ 45.91 L - ₹ 1.73 Cr
  • 8 Projects
  • 48 Years
View More
Top Projects by Listing Rates
  • Listing Rate
Premium residential developments in Millers Road set the benchmark for the area's value. Gold Opus leads with a rate of ₹19,700 per sq ft, showing a 2.35% increase, while Jaishree Point Apartment follows at ₹18,450 per sq ft with a notable 11.84% growth. Other developments like Redifice Amrosia Apartment and Rosary Apartment offer attractive options at ₹11,850 per sq ft and ₹11,400 per sq ft, respectively, demonstrating the range of premium choices available to prospective buyers.

Explore Property Rates in Top Cities

Avg. Asking Price ₹ 37,700 /Sq.Ft
Govt Registration Rate ₹ 18,300 /Sq.Ft
Avg. Asking Price ₹ 18,200 /Sq.Ft
Avg. Asking Price ₹ 16,000 /Sq.Ft
Govt Registration Rate ₹ 9,650 /Sq.Ft
Avg. Asking Price ₹ 15,100 /Sq.Ft
Avg. Asking Price ₹ 13,550 /Sq.Ft
Govt Registration Rate ₹ 8,750 /Sq.Ft
Avg. Asking Price ₹ 12,650 /Sq.Ft
Govt Registration Rate ₹ 9,100 /Sq.Ft
Avg. Asking Price ₹ 12,400 /Sq.Ft
Avg. Asking Price ₹ 9,200 /Sq.Ft
Avg. Asking Price ₹ 6,800 /Sq.Ft
Avg. Asking Price ₹ 6,600 /Sq.Ft
Govt Registration Rate ₹ 7,550 /Sq.Ft

Micromarket-Wise Property Price Trends Around Millers Road, Bangalore

Avg. Asking Price ₹ 14,200 /Sq.Ft
Avg. Asking Price ₹ 13,550 /Sq.Ft
Avg. Asking Price ₹ 11,700 /Sq.Ft
Avg. Asking Price ₹ 11,400 /Sq.Ft

More insights about Millers Road, Bangalore

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 stands at ₹20,800 per sq ft as of June 2026. This rate has remained stable with no change recorded over the recent period, reflecting a consistent valuation for residential apartments in this locality.

How have property prices in Millers Road trended recently?

Property prices in Millers Road have shown a positive trajectory in the micromarket rates, rising from ₹13,450 per sq ft in March 2026 to ₹14,200 per sq ft in June 2026. This upward movement suggests a strengthening demand within the micromarket, providing a clearer picture of the local real estate momentum compared to the broader locality average.

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

Property rates in Millers Road vary significantly compared to surrounding areas. As of June 2026, Vasanth Nagar commands a premium at ₹29,250 per sq ft, though it experienced a depreciation of 0.44% compared to the previous period. Conversely, Benson Town is priced at ₹15,800 per sq ft, having appreciated by 41.69%, while Frazer Town is currently at ₹10,550 per sq ft, reflecting a significant depreciation of 37.79% over the same timeframe.

What is the price difference between ready-to-move and other property statuses in Millers Road?

Ready-to-move properties in Millers Road are currently priced at an average of ₹14,050 per sq ft as of June 2026. This segment has seen an appreciation of 4.79% compared to the previous period, indicating steady interest from end-users who prefer immediate possession over under-construction options.

Which projects in Millers Road currently command the highest listing rates?

As of June 2026, Gold Opus leads the list of projects in Millers Road with a listing rate of ₹19,700 per sq ft, showing an appreciation of 2.35%. Other notable projects include Jaishree Point Apartment at ₹18,450 per sq ft, which has appreciated by 11.84%, and Redifice Amrosia Apartment at ₹11,850 per sq ft, which recorded an appreciation of 7.02%.

Are there any projects in Millers Road that have seen a significant price drop?

Yes, Windsor Court has experienced a notable price correction, with its listing rate currently at ₹9,900 per sq ft as of June 2026, reflecting a depreciation of 60.4% compared to the previous period. Other projects like Mushatari Manzil and Elegant Buckingham have seen marginal price adjustments, both currently listed at ₹11,500 per sq ft with minor depreciations of 0.25% and 0.19% respectively.

What are the typical rental rates in areas surrounding Millers Road?

Rental rates in the vicinity of Millers Road show a clear divide between premium and standard localities as of June 2026. Areas such as Lavelle Road, Shanthala Nagar, Sivanchetti Gardens, and Ashok Nagar command higher rentals of ₹100 per sq ft. Meanwhile, more accessible neighbourhoods like Vasanth Nagar, Cunningham Road, High Grounds, Benson Town, Frazer Town, and Pulikeshi Nagar maintain a consistent rental rate of ₹50 per sq ft.

How have rental rates changed in the neighbourhoods near Millers Road?

Rental trends near Millers Road show mixed performance as of June 2026. Frazer Town has seen a significant appreciation of 22.45% and Pulikeshi Nagar an appreciation of 20%, while Ashok Nagar also rose by 11.11%. In contrast, rental rates in Lavelle Road have depreciated by 8.7%, and Vasanth Nagar saw a minor depreciation of 3.57%, highlighting that rental demand is highly localized and varies by specific area appeal.

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

Buyers should use the Millers Road property rates data to distinguish between the general locality average of ₹20,800 per sq ft and the specific micromarket trends, which currently sit at ₹14,200 per sq ft as of June 2026. By comparing these figures against the performance of specific projects like Gold Opus or Jaishree Point Apartment, investors can identify whether a project is priced at a premium or offers better value relative to the broader market trajectory.

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