Bangalore
The Mysore Road real estate landscape is characterized by a steady maturation, with average property prices rising to ₹7,250 per sq ft. Market participants are increasingly focusing on the gap between ready-to-move inventory and upcoming under-construction projects, which has led to a price variance across different segments. Rental activity remains robust in nearby hubs, where residential demand is supported by established infrastructure and connectivity. Developers are responding to this trend by launching projects that cater to both mid-segment and premium buyers.
The average asking price in Mysore Road is ₹7,250 per sq ft as of June 2026. This figure reflects a modest appreciation of 0.93% compared to previous periods, indicating a stable and resilient residential market for those looking to invest in apartment-style living in this area.
Property rates in Mysore Road have shown a positive trajectory, moving from ₹6,900 per sq ft in September 2025 to ₹7,250 per sq ft by March 2026. This upward movement in the location rate signals growing demand and sustained interest from homebuyers, providing a clear indicator of the market's health leading into June 2026.
As of June 2026, apartments in Mysore Road command an average price of ₹7,250 per sq ft, which has appreciated by 0.93%. In contrast, villas are priced at ₹5,750 per sq ft, having experienced a depreciation of 11.4% compared to prior data, suggesting that the current market preference in this locality is leaning more towards apartment developments.
As of June 2026, under-construction properties in Mysore Road are priced at an average of ₹7,650 per sq ft, reflecting a significant appreciation of 17.1%. Meanwhile, ready-to-move properties are available at an average of ₹6,850 per sq ft, which has seen an appreciation of 1.45%, indicating that buyers are currently paying a premium for newer, under-construction inventory.
Among the surrounding areas, Rajaji Nagar 6th Block commands the highest average rate at ₹15,950 per sq ft, having appreciated by 16.29%. Conversely, Vijayanagar offers a more accessible entry point at ₹8,650 per sq ft, though it has seen a depreciation of 2.1% as of June 2026. These variations allow investors to choose between premium established hubs and more competitively priced residential pockets.
As of June 2026, Rajarajeshwari Temple Bells leads the market with a listing rate of ₹11,900 per sq ft, marking a notable appreciation of 13.85%. Other prominent projects include Salarpuria Sattva Melody and Pride Enchanta, both priced at ₹9,200 per sq ft, though these have seen slight depreciations of 1.51% and 2.29% respectively, reflecting the diverse pricing dynamics within the locality's premium project segment.
Rental rates in the vicinity of Mysore Road show distinct variations, with Padmanabha Nagar commanding the highest rent at ₹100 per sq ft, a rate that has remained stable. Other areas like Banashankari, Basavanagudi, and Kanakapura all feature a consistent rental rate of ₹50 per sq ft. Notably, Basavanagudi has seen a significant rental appreciation of 41.38%, while Banashankari 3rd Stage has experienced a depreciation of 3.85% as of June 2026.
Properties categorized as 'Project On Hold' in Mysore Road are currently priced at an average of ₹5,050 per sq ft, showing a minor depreciation of 0.32% as of June 2026. This status typically signals a need for extra due diligence from the buyer's side, as these projects may have faced development delays or regulatory hurdles, which is reflected in their lower price point compared to the broader market average of ₹7,250 per sq ft.
The Mysore Road market presents opportunities for both, depending on the property status and segment. With under-construction properties showing a strong appreciation of 17.1% to reach ₹7,650 per sq ft, it remains an attractive zone for investors betting on future value. Meanwhile, the steady appreciation of 1.45% for ready-to-move units at ₹6,850 per sq ft provides a stable and secure option for end-users looking to settle into a functional residential environment as of June 2026.
