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Property Rates in Parappana Agrahara, Bangalore

Comprehensive Market Snapshot

The Parappana Agrahara real estate market in Bangalore presents a dynamic landscape for potential buyers and investors. With an average asking price of ₹10,000 per sq ft and a registration rate of ₹8,701 per sq ft, the locality demonstrates active property transactions. Recent quarterly trends show fluctuations in location rates, alongside a steady increase in micromarket rates. The market predominantly features apartments, which have seen remarkable appreciation, available across Ready To Move, Well Occupied, and Under Construction statuses. Notable projects like Iresh Advaita and Pragathi Residency Parappana are setting pricing benchmarks, while government registration data indicates significant transaction activity with a gross value of ₹11 Cr over 19 transactions from Apr 25 to Mar 26.

  • Asking Sale Price₹ 10,000 /sq.ft
  • Govt. Registration Prices₹ 8,701 /sq.ft
  • Insights
  • Price Trends
  • Project and Developer Insights
  • Government Registrations
  • Recent Transactions
  • Other Property Rates

Insights for Parappana Agrahara, Bangalore Real Estate Market

Parappana Agrahara, a prominent locality in Bangalore, offers a compelling real estate narrative for investors and homebuyers alike. The current asking price stands at ₹10,000 per sq ft, supported by a registration rate of ₹8,701 per sq ft, indicating a healthy transaction environment. Analyzing price trends reveals a dynamic picture; while the broader micromarket has shown a consistent upward trajectory from ₹4,374 in Mar 2025 to ₹4,813 in Dec 2025, specific location rates within Parappana Agrahara have experienced variations, such as ₹10,000 per sq ft in Sep 2025 and ₹6,586 per sq ft in Jun 2025. This suggests localized demand and supply influences. Compared to neighboring areas, Parappana Agrahara's pricing is competitive. While it offers a more accessible entry point than premium localities like Somasundarapalya (₹23,398 per sq ft) and Haralur Road (₹16,537 per sq ft), it commands higher rates than areas like Basapura (₹6,239 per sq ft) and Hal Layout (₹6,805 per sq ft), positioning it as a mid-to-high value residential hub. The market is primarily driven by the apartment segment, which has witnessed an impressive 51.84% appreciation, with average prices at ₹10,000 per sq ft, signaling robust investor confidence. Buyers have diverse options across various property statuses. Ready To Move units, with 3 available, average ₹8,986 per sq ft and have seen a 3.63% increase, catering to immediate occupancy needs. Well Occupied properties also hold strong at ₹8,970 per sq ft with a 2.11% rise. For those looking at future appreciation, Under Construction projects are available at ₹9,071 per sq ft, showing a 4.55% growth. Leading developments such as Iresh Advaita (₹9,071 per sq ft) and Pragathi Residency Parappana (₹9,038 per sq ft) exemplify the quality and pricing within the locality. Recent government registration data further underlines market activity, with 19 transactions recorded between Apr 25 and Mar 26, totaling a gross value of ₹11 Cr, reflecting sustained buyer interest and investment.

Market Strengths Market Strengths
  • The 51.84% price increase for apartments highlights strong demand and value growth in the primary property segment.
  • An asking price of ₹10,000 per sq ft and a registration rate of ₹8,701 per sq ft indicate a robust and active sales market.
  • The presence of Ready To Move, Well Occupied, and Under Construction projects offers diverse choices for buyers with different needs.
  • 19 transactions with a gross value of ₹11 Cr within a recent period confirm sustained buyer engagement and market liquidity.
  • The listing of multiple top projects like Iresh Advaita and Pragathi Residency Parappana suggests a mature and developed real estate ecosystem.
  • Many top projects show positive quarterly price changes, reflecting developer confidence and buyer acceptance of current valuations.
Market Challenges Market Challenges
  • The absence of average rental rate information makes it difficult to assess investment potential from a rental income perspective.
  • Quarterly location rates show significant fluctuations and missing data points, making long-term trend analysis challenging.
  • The market is predominantly focused on apartments, which might limit options for buyers seeking other property types like villas or plots.
  • Some adjacent localities like Hosa Road (-13.09%) and Basapura (-14.02%) show negative price changes, potentially influencing overall sentiment in the region.
  • The absence of data on leading developers or projects by transaction volume or value makes it harder to identify market leaders or high-performing assets.
Investment Opportunities Investment Opportunities
  • Apartments in Parappana Agrahara have shown an impressive 51.84% price appreciation, indicating robust demand and potential for capital gains.
  • The availability of Ready To Move, Well Occupied, and Under Construction projects at competitive prices allows investors to choose based on their risk appetite and occupancy timelines.
  • Parappana Agrahara's average asking price of ₹10,000 per sq ft offers a balanced entry point compared to significantly higher-priced neighboring localities like Somasundarapalya.
  • With 19 transactions totaling ₹11 Cr recorded between Apr 25 and Mar 26, the market demonstrates consistent buyer interest and liquidity.
  • The broader micromarket's consistent upward trend from ₹4,374 to ₹4,813 per sq ft suggests underlying growth potential for the locality.
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Property Price Trends in Parappana Agrahara, Bangalore

Asking Price Trends

Analyzing the quarterly price trends in Parappana Agrahara reveals a dynamic market. While the broader micromarket has shown a consistent upward movement, increasing from ₹4,374 per sq ft in March 2025 to ₹4,813 per sq ft by December 2025, the specific location rates have experienced fluctuations. Notably, the average rate stood at ₹10,000 per sq ft in September 2025, following a rate of ₹6,586 per sq ft in June 2025, indicating periods of significant value adjustments.

Quarter City Rate
Dec 2025 0
Sep 2025 10000
Jun 2025 6586
Mar 2025 0
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Price Trends by Property Type

Parappana Agrahara's real estate market is currently dominated by the apartment segment, catering to a significant portion of buyer demand. These residential units are prominently priced at an average of ₹10,000 per sq ft. This property type has demonstrated robust growth, experiencing a substantial appreciation of 51.84%, making it an attractive option for both homeowners and investors seeking value.

Type Rate (₹/sq.ft) Change %
Apartment 10,000 51.84
Price Trends by Project Status

The Parappana Agrahara market offers properties across various development stages, providing flexibility for different buyer preferences and timelines. Ready To Move inventory, comprising 3 units, averages ₹8,986 per sq ft and has seen a modest 3.63% increase, appealing to those seeking immediate possession. Simultaneously, 3 Well Occupied units are available at ₹8,970 per sq ft, reflecting a 2.11% rise. For forward-looking investors, there is 1 Under Construction project, priced at ₹9,071 per sq ft, which has shown a 4.55% appreciation, indicating potential future gains. This blend of options allows buyers to align their investment with their desired occupancy timeline.

Status No of Project Rate (₹/sq.ft) Change %
Ready To Move 6 8,978 2.87
Under Construction 1 9,071 4.55
Price Trends by Localities

Parappana Agrahara commands an average asking price of ₹10,000 per sq ft, positioning it strategically within Bangalore's property landscape. This rate is notably more accessible than premium locales like Somasundarapalya, which averages a substantial ₹23,398 per sq ft, or Haralur Road at ₹16,537 per sq ft. However, it offers a higher value proposition compared to areas such as Basapura (₹6,239 per sq ft) and Hal Layout (₹6,805 per sq ft). Neighboring Singasandra and Choodasandra also present higher average rates at ₹12,507 per sq ft and ₹12,144 per sq ft respectively, while Kudlu and Hosa Road offer properties at slightly lower averages of ₹8,260 per sq ft and ₹8,535 per sq ft. This diverse pricing across adjacent areas highlights Parappana Agrahara's balanced appeal.

Location Rate (₹/sq.ft) Change %
Kudlu 8,260 10
Hosa Road 8,535 -13.1
Singasandra 12,507 26.5
Choodasandra 12,144 20.9
Somasundarapalya 23,398 -
Harlur 14,166 -0.2
Hal Layout 6,805 -
Basapura 6,239 -14
Rayasandra 9,901 14.4
Haralur Road 16,537 7.2

Project and Developer Insights

Top Projects in Parappana Agrahara
Puravankara Purva Silver Sky is the top project in Parappana Agrahara with prices from ₹ 2.29 Cr to 6.54 Cr.
Puravankara Purva Silver Sky ₹ 2.29 Cr - ₹ 6.53 Cr
  • South Bangalore, Bangalore
Purva Park Hill ₹ 1.32 Cr - ₹ 1.89 Cr
  • South Bangalore, Bangalore
Prestige Southern Star ₹ 83.4 L - ₹ 3.32 Cr
  • South Bangalore, Bangalore
DS Max Sky Sampadha ₹ 60.3 L - ₹ 92.12 L
  • South Bangalore, Bangalore
DS Max Sky Sanman ₹ 52.81 L - ₹ 1.00 Cr
  • South Bangalore, Bangalore
DS Max Sky Stanza ₹ 57.95 L - ₹ 92.35 L
  • South Bangalore, Bangalore
DS Max Spoorthi Nest ₹ 63.6 L - ₹ 74.86 L
  • South Bangalore, Bangalore
Godrej Lakeside Orchard ₹ 1.46 Cr - ₹ 3.20 Cr
  • South Bangalore, Bangalore
Lodha Elanza ₹ 1.9 Cr - ₹ 3 Cr
  • South Bangalore, Bangalore
Shriram Songs Of The Earth ₹ 1.02 Cr - ₹ 1.5 Cr
  • South Bangalore, Bangalore
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New Launch
Under Construction
Ready to Move
Top Projects by Listing Rates

Leading residential developments in Parappana Agrahara showcase the premium offerings within the locality, with asking prices reflecting their quality and location. Iresh Advaita stands out, commanding ₹9,071 per sq ft and showing a 4.55% increase, setting a high benchmark. Pragathi Residency Parappana closely follows with an average rate of ₹9,038 per sq ft, experiencing a 3.78% rise. Other notable projects include SRS Sunrise and Anjanadri Nilaya, both priced around ₹9,001 per sq ft, with increases of 3.85% and 3.59% respectively. Sai Balaji Royal also features prominently at ₹8,993 per sq ft, demonstrating consistent value and investor interest. These projects represent the aspirational segment of Parappana Agrahara's property market.

  • Listing Rate
Project Name Rate (₹/sq.ft) Change %
Iresh Advaita 9,071 4.6
Pragathi Residency Parappana 9,038 3.8
Srs Sunrise 9,001 3.9
Anjanadri Nilaya 9,001 3.6
Sai Balaji Royal 8,993 3.7
Sai Balaji Residency Parappana Agrahara 8,965 -
Amar Residency Parappana Agrahara 8,870 -1
Top Developers in Bangalore
Vaishnavi Group Builders leads in Bangalore with 1 projects and years of experience.
DLF
Vaishnavi Group Builders
  • 1 Projects
DLF
Sai Balaji Shelters ₹ 39.6 L - ₹ 85.5 L
  • 1 Projects
DLF
SRS Builders And Developers ₹ 66.59 L - ₹ 96.09 L
  • 1 Projects
DLF
Iresh Infra ₹ 72.45 L - ₹ 1.06 Cr
  • 1 Projects

Government Registration in Parappana Agrahara, Bangalore

  • Sales Transactions19
  • Gross Sales Value₹ 11 Cr

Official registration data indicates a healthy and active transaction environment in Parappana Agrahara. Between April 2025 and March 2026, the market recorded 19 property transactions. These sales collectively amounted to a gross value of ₹11 Crore, highlighting significant financial activity and sustained buyer confidence in the locality.

Recent Registered Transactions in Parappana Agrahara

Date Floor/Unit Tower/Wing Area Value Rate/Sq.Ft.  
2025-09-23 Unit 34 N/A 1200 Sq.Ft. 4200000 🔒
2025-09-22 Unit 15 N/A 500 Sq.Ft. 1400000 🔒
2025-09-19 Floor 2, Unit 204 N/A 1145 Sq.Ft. 5500000 🔒
2025-09-16 Floor G, 1, 2, Unit 93 N/A 900 Sq.Ft. 4050000 🔒
2025-09-11 Floor G, Unit 2 N/A 1680 Sq.Ft. 16000000 🔒
2025-09-11 Floor 1, Unit 101 N/A 1170 Sq.Ft. 9800240 🔒
2025-09-06 Unit 16 N/A 1072 Sq.Ft. 3000000 🔒
2025-09-04 Floor 4, Unit 402 N/A 1100 Sq.Ft. 3900000 🔒
2025-09-03 Floor 4, Unit 402 N/A 1175 Sq.Ft. 4300000 🔒
2025-09-02 Unit 35 N/A 1092 Sq.Ft. 3050000 🔒
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