Property Rates in Mysore Road, Bangalore

Property prices in Mysore Road, Bangalore have shown an upward trend over the last few quarters. The average location rate increased from ₹6,964 per sq ft in June 2025 to ₹7,252 per sq ft in March 2026, marking a notable appreciation. This consistent rise suggests growing demand and positive market sentiment in the locality.

As of March 2026, the average asking price in Mysore Road, Bangalore stands at ₹7,252 per sq ft. The provided data indicates that the Government Registration Rate for this area is ₹0 per sq ft. This significant difference suggests that the listed prices are considerably higher than the government's benchmark rates.

Property rates vary significantly across neighborhoods within Mysore Road, Bangalore. As of March 2026, Binnipete shows the highest average rate at ₹14,110 per sq ft, while Raghavendra Colony has the lowest at ₹6,227 per sq ft. Other notable micromarkets include Giri Nagar at ₹11,302 per sq ft and Banashankari at ₹12,112 per sq ft, indicating diverse pricing segments within the broader Mysore Road area.

As of March 2026, apartments in Mysore Road, Bangalore have an average price of ₹7,252 per sq ft, showing a 0.93% increase from the previous period. Villas, on the other hand, are priced lower on average at ₹5,749 per sq ft, but have experienced a depreciation of 11.4% over the same timeframe, suggesting a shift in demand or supply dynamics between these property types.

In Mysore Road, Bangalore, property prices vary by construction status as of March 2026. 'Well Occupied' properties command the highest average price at ₹7,696 per sq ft, appreciating by 1.16%. 'Ready To Move' properties are priced at ₹6,766 per sq ft, showing a depreciation of 5.56%. 'Under Construction' properties are priced at ₹6,519 per sq ft, with a notable appreciation of 8.95%, indicating strong investor interest in upcoming projects.

As of March 2026, several projects in Mysore Road, Bangalore feature high listing rates. Rajarajeshwari Temple Bells leads with a current rate of ₹10,437 per sq ft, despite a 6.98% depreciation. Pride Enchanta is listed at ₹9,391 per sq ft (down 11.45%), and Salarpuria Sattva Melody at ₹9,359 per sq ft (up 1.21%). These rates reflect the premium segment within the locality.

Apartment prices in Mysore Road, Bangalore have seen a positive trend, appreciating by 0.93% to reach ₹7,252 per sq ft as of March 2026. This follows a slight dip from ₹6,964 per sq ft in June 2025 to ₹6,912 per sq ft in September 2025, before recovering and growing. The current upward movement suggests renewed buyer confidence and demand for apartments in the area.

As of March 2026, rental rates in select neighborhoods around Mysore Road, Bangalore show varied trends. Padmanabha Nagar has the highest average rental rate at ₹115 per sq ft, while Kanakapura offers the lowest at ₹20 per sq ft. Basavanagudi has seen a significant appreciation of 41.38% to reach ₹41 per sq ft, indicating strong rental demand in that specific micromarket.

Rental rates in micromarkets near Mysore Road, Bangalore exhibit notable differences. Basavanagudi stands out with an average rental rate of ₹41 per sq ft and a substantial 41.38% appreciation. Padmanabha Nagar also commands a high rental rate of ₹115 per sq ft, though its change percentage is not specified. In contrast, Banashankari 3rd Stage has seen a slight depreciation of 3.85% to ₹25 per sq ft, indicating varied rental market dynamics across these localities.

The provided data indicates that the average rental yield for Mysore Road, Bangalore is 'NA' as of March 2026, and the average rental rate is ₹0 per sq ft. This suggests that comprehensive rental yield data is not available for the locality, making it difficult to assess the income potential for property investors based on current rental income versus property value.

In Mysore Road, Bangalore, 'Ready To Move' properties are currently priced at an average of ₹6,766 per sq ft as of March 2026, which has depreciated by 5.56%. In contrast, 'Under Construction' properties are priced at ₹6,519 per sq ft, showing a significant appreciation of 8.95%. This suggests that while ready properties have seen a price correction, under-construction projects are experiencing increased demand and value.

Among the micromarkets near Mysore Road, Bangalore, Banashankari has experienced the most significant price appreciation, with its average rate increasing by 17.3% to ₹12,112 per sq ft as of March 2026. Giri Nagar also saw a substantial appreciation of 8.85% to ₹11,302 per sq ft, followed by Vijayanagar at 7.35% to ₹8,674 per sq ft. These figures highlight strong growth in these specific neighborhoods.

The listing count of 1476 for Mysore Road, Bangalore as of March 2026 indicates a substantial supply of properties available in the market. This relatively high number suggests a competitive environment for sellers and potentially more options for buyers, allowing for greater choice and negotiation power.