Property Rates in Padmanabha Nagar, Bangalore 2026

Property prices in Padmanabha Nagar have shown a mixed trajectory over the last four quarters. As of June 2026, the location rate stands at ₹15,650 per sq ft, following a slight dip from ₹15,850 per sq ft in March 2026 and ₹15,950 per sq ft in December 2025, suggesting a cooling phase after the growth observed in September 2025.

Property rates in Padmanabha Nagar, currently at ₹15,850 per sq ft, sit at a premium compared to many surrounding neighbourhoods. For instance, neighbouring areas like Ittamadu and Subramanyapura offer significantly lower entry points at ₹9,500 per sq ft and ₹6,750 per sq ft respectively, while premium pockets like JP Nagar Phase 1 can command much higher rates, such as ₹28,350 per sq ft for villas.

As of June 2026, there is a notable price gap between property statuses in Padmanabha Nagar. Ready To Move properties are priced at an average of ₹7,250 per sq ft, having appreciated by 6.8% since the previous assessment period, whereas Under Construction properties command a higher average of ₹15,950 per sq ft, which has seen an appreciation of 3.11%.

As of June 2026, the average rental rate in Padmanabha Nagar is ₹115 per sq ft, with rental rates remaining stable at 0% change compared to the previous period. The locality currently offers an attractive rental yield of 8.71%, which is a key metric for investors evaluating the income potential of their property relative to the capital investment.

Apartments in Padmanabha Nagar currently command an average rental rate of ₹100 per sq ft as of June 2026. This segment has shown positive growth, with rental rates appreciating by 1.74% compared to the previous period, reflecting sustained demand for apartment-style living in the area.

As of June 2026, the average monthly rent for a 3 BHK apartment in Padmanabha Nagar is ₹85,350. This price point serves as a benchmark for tenants seeking spacious residential units in the locality and provides landlords with an insight into the premium that larger unit configurations command in the current market.

As of June 2026, Brigade Komarla Heights leads the listing rates in Padmanabha Nagar at ₹16,750 per sq ft, showing an appreciation of 0.93%. Other premium projects include Brigade Nanda Heights at ₹15,100 per sq ft, which has appreciated by 5.64%, and Shravanthi Orchids and Adarsh Premia, both listed at ₹10,300 per sq ft with respective appreciations of 6.31% and 6.49%.

An 8.71% rental yield in Padmanabha Nagar, as of June 2026, indicates a strong potential for recurring income for property owners. Investors should view this yield in the context of the current average asking price of ₹15,850 per sq ft, as it helps in calculating the payback period and comparing the return on investment against other asset classes or neighbouring localities.

Rental markets surrounding Padmanabha Nagar show varied performance as of June 2026. While areas like Banashankari 3rd Stage have seen a significant rental appreciation of 28%, other locations like JP Nagar Phase 7 have experienced a depreciation of 5.56%, with most surrounding areas like Banashankari and Konanakunte currently averaging ₹50 per sq ft.