Bangalore
The real estate landscape in Mysore Road is evolving rapidly, marked by a steady appreciation in residential property values and a robust supply of ready-to-move units. Rental demand remains healthy in surrounding pockets, with localized rates in areas like Padmanabha Nagar reaching ₹100 per sq ft. Investors and homebuyers are increasingly focusing on the area due to its strategic connectivity and the presence of high-value developments that continue to set new price benchmarks.
The average asking price in Mysore Road is ₹7,250 per sq ft as of June 2026. This figure reflects a market that has seen a modest appreciation of 0.93% compared to previous periods, indicating stable demand for residential properties in this locality.
Property price trends in Mysore Road have shown a positive trajectory, with the location rate rising from ₹7,250 per sq ft in March 2026 to ₹8,500 per sq ft in June 2026. This upward movement suggests strengthening buyer interest and a tightening supply of available residential units in the area.
Property prices in Mysore Road vary significantly when compared to surrounding areas. For instance, while Mysore Road averages ₹7,250 per sq ft, premium nearby locations like Rajaji Nagar 6th Block command significantly higher rates at ₹15,950 per sq ft, which has appreciated by 16.29%. Conversely, areas like Vijayanagar have seen a price depreciation of 2.1%, bringing the average rate to ₹8,650 per sq ft as of June 2026.
As of June 2026, apartments in Mysore Road are priced at an average of ₹8,500 per sq ft, having witnessed a significant appreciation of 17.33%. In contrast, villas are currently priced at ₹5,750 per sq ft, which represents a depreciation of 11.4% compared to previous cycles, highlighting a shift in preference toward apartment-style living in this locality.
Property rates in Mysore Road are influenced by the project's completion status as of June 2026. Ready To Move projects command an average of ₹6,950 per sq ft, reflecting an appreciation of 2.82%, while Under Construction projects are priced at ₹6,750 per sq ft with a 3.81% appreciation. New launch projects are currently priced at ₹6,100 per sq ft, providing a lower entry point for investors and end-users alike.
As of June 2026, Raghavendra Apartments Mysore Road leads the market with a listing rate of ₹13,050 per sq ft, marking a substantial appreciation of 56.87%. Other premium projects include Rajarajeshwari Temple Bells at ₹11,850 per sq ft (up 13.33%) and Ennar Eminence Aradhana at ₹9,100 per sq ft (up 3.67%), reflecting strong value growth for high-end developments in the area.
Rental rates in the vicinity of Mysore Road show diverse performance as of June 2026. Padmanabha Nagar commands the highest rental rate among these areas at ₹100 per sq ft, showing a slight appreciation of 1.74%. Meanwhile, both Banashankari 3rd Stage and Banashankari average ₹50 per sq ft, though Banashankari 3rd Stage has seen a notable 28% appreciation, whereas Banashankari has experienced a 2.94% depreciation in rental rates.
Investors looking at Mysore Road should balance the current average sale price of ₹7,250 per sq ft against the rental potential in nearby established hubs like Padmanabha Nagar, where rents reach ₹100 per sq ft. Since the locality is seeing consistent appreciation in apartment prices—up 17.33% as of June 2026—it remains a viable market for those seeking long-term capital growth, provided they account for the varying price points across different project statuses.
