Bangalore
The real estate market in Mysore Road has shown consistent appreciation, with current rates reaching ₹7,250 per sq ft. Recent quarterly data indicates a steady upward trajectory in property values, supported by a healthy mix of ready-to-move units and new project launches. Rental demand remains consistent across the region, with various sub-locations commanding steady monthly rates. Developers are actively shaping the landscape through high-quality residential projects that cater to both end-users and long-term investors.
As of March 2026, the average asking price in Mysore Road stands at ₹7,250 per sq ft. This figure reflects a modest appreciation of 0.93% compared to the previous period, indicating a stable and resilient demand for residential apartments in this locality.
Property prices in Mysore Road have shown a consistent upward trajectory from June 2025 to March 2026. After recording an average rate of ₹6,950 per sq ft in June 2025, the market saw a slight dip to ₹6,900 in September 2025 before recovering to ₹7,200 in December 2025 and reaching the current ₹7,250 per sq ft in March 2026, signaling sustained buyer interest.
Property rates in Mysore Road, at ₹7,250 per sq ft, are generally more accessible than several surrounding areas. For instance, neighbourhoods like Rajaji Nagar 6th Block command a significantly higher average rate of ₹15,950 per sq ft, while Padmanabha Nagar and Kanakapura also reflect premium pricing at ₹15,850 per sq ft and ₹14,500 per sq ft, respectively. Conversely, areas like Vijayanagar offer a different price point at ₹8,650 per sq ft, highlighting the diverse investment landscape surrounding Mysore Road.
As of March 2026, under-construction properties in Mysore Road are priced at an average of ₹7,650 per sq ft, which has appreciated by 17.1% compared to the previous period. In contrast, ready-to-move properties are currently priced at ₹6,850 per sq ft, showing a steady appreciation of 1.45% over the same timeframe. This price gap often reflects the premium buyers are willing to pay for newer, modern project specifications in under-construction developments.
Rajarajeshwari Temple Bells currently leads the market with a listing rate of ₹11,900 per sq ft, having appreciated by 13.85% as of March 2026. Other premium projects include Salarpuria Sattva Melody and Pride Enchanta, both listed at ₹9,200 per sq ft. These projects represent the higher end of the local market, with variations in their recent price performance reflecting specific project-level demand and amenities.
Rental rates vary significantly across the vicinity of Mysore Road, with Padmanabha Nagar commanding the highest average rent at ₹100 per sq ft as of March 2026, a rate that has remained stable. Other areas like Banashankari, Basavanagudi, and Kanakapura maintain a consistent average rental rate of ₹50 per sq ft. Notably, Basavanagudi has seen a significant rental appreciation of 41.38% compared to the previous period, whereas Banashankari 3rd Stage experienced a depreciation of 3.85%.
The property status data as of March 2026 reveals that ready-to-move units are the most abundant with 44 listings, priced at ₹6,850 per sq ft. For buyers, this indicates a mature market with plenty of immediate-occupancy options. Meanwhile, the under-construction segment, though smaller in volume with 2 units, has seen a sharp appreciation of 17.1% to reach ₹7,650 per sq ft, suggesting that newer, modern projects are attracting a premium in the current market cycle.
