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Property Rates in Richards Town, Bangalore

Comprehensive Market Snapshot

Richards Town in Bangalore presents a dynamic real estate market with a significant registration rate of ₹11,743 per sq ft, reflecting active property transactions. While the average asking price remains unstated, the market has seen price fluctuations over recent quarters. For instance, the quarter ending Dec 2025 projected a location rate of ₹12,325 per sq ft, a dip from ₹14,480 in Sep 2025. The rental market shows a healthy demand for 3 BHK apartments, averaging ₹65,000 per month, though specific average rental rates per square foot across the location are not detailed in this overview.

  • Govt. Registration Prices₹ 11,743 /sq.ft
  • Insights
  • Price Trends
  • Project and Developer Insights
  • Government Registrations
  • Rental Trends
  • Other Property Rates

Insights for Richards Town, Bangalore Real Estate Market

Richards Town, Bangalore, showcases a mixed property market landscape. The historical price trends indicate some volatility, with projected rates for Dec 2025 at ₹12,325 per sq ft, down from ₹14,480 in Sep 2025, and ₹13,664 in Jun 2025. Meanwhile, micromarket rates have shown a steadier upward trend, moving from ₹9,157 in Jun 2025 to ₹9,754 in Dec 2025. The residential segment is primarily driven by apartments, with an average price of ₹12,325 per sq ft experiencing a notable decrease of -14.88%. Properties ready for immediate move-in are priced at an average of ₹12,679 per sq ft, showing a -9.24% change. In terms of rental demand, 3 BHK apartments are a popular choice, fetching an average of ₹65,000 per month. Notably, nearby areas like Pulikeshi Nagar command a higher average rental rate of ₹50 per sq ft, while Benson Town sees a positive rental change of 10.87%. Government registrations indicate 11 transactions totaling ₹16 Cr between May 2025 and Apr 2026, with a registered rate of ₹11,750 per sq ft.

Market Strengths Market Strengths
  • Richards Town demonstrates a strong registration rate of ₹11,743 per sq ft, indicating consistent buyer activity and market confidence.
  • The upward trend in micromarket rates, moving from ₹9,157 in June 2025 to ₹12,325 in December 2025, suggests underlying market growth.
  • Frazer Town's remarkable 58.53% price increase signifies strong appreciation potential in specific micro-pockets.
  • The availability of 34 'Ready To Move' units at ₹12,679 per sq ft caters to immediate housing needs and potential rental income generation.
  • Prime projects like Brigade Odyssey, with a current rate of ₹24,802 per sq ft and a 6.5% increase, highlight the presence of high-value, in-demand properties.
Market Challenges Market Challenges
  • The average price for apartments in Richards Town has seen a significant decrease of -14.88%, indicating a potential market correction or increased supply.
  • A notable price drop of -10.8% in Benson Town suggests localized market pressures or a shift in demand dynamics.
  • The absence of detailed rental yield data across various property types and BHK configurations limits a comprehensive investment return analysis.
Investment Opportunities Investment Opportunities
  • The rental market offers opportunities with 3 BHK apartments averaging ₹65,000 per month, suitable for investors seeking rental income.
  • Areas like Pulikeshi Nagar and Frazer Town, with average rates around ₹16,950 per sq ft and positive change percentages, present potential for capital appreciation.
  • The presence of 'Ready To Move' properties at ₹12,679 per sq ft offers immediate rental income potential for investors.
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Property Price Trends in Richards Town, Bangalore

Asking Price Trends

The price trajectory in Richards Town has seen fluctuations over recent quarters. Projections for December 2025 indicate a location rate of ₹12,325 per sq ft, a decrease from the ₹14,480 per sq ft recorded in September 2025. This follows a rate of ₹13,664 per sq ft in June 2025. Concurrently, micromarket rates have shown a more consistent upward movement, rising from ₹9,157 per sq ft in June 2025 to ₹9,754 per sq ft by December 2025.

Quarter City Rate
Mar 2026 0
Dec 2025 12325
Sep 2025 14480
Jun 2025 13664
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Price Trends by Property Type

The Richards Town property market offers apartments as the primary residential category, with an average price of ₹12,325 per sq ft. This segment has experienced a notable decline of -14.88% in prices.

Type Rate (₹/sq.ft) Change %
Apartment 12,325 -14.88
Price Trends by Project Status

The market in Richards Town caters to different buyer needs regarding possession timelines. Ready To Move properties, numbering 34 units, are available at an average of ₹12,679 per sq ft, showing a -9.24% change. Well Occupied properties, with 14 units, are priced higher at ₹15,583 per sq ft, indicating a slight decrease of -1.63%.

Status No of Project Rate (₹/sq.ft) Change %
Ready To Move 48 13,526 -7.02
Price Trends by Localities

Richards Town's surrounding localities display varied property values. Pulikeshi Nagar stands out with an average rate of ₹16,950 per sq ft, alongside Frazer Town which also averages ₹16,950 per sq ft and has seen a significant 58.53% increase. Cooke Town is priced at ₹15,065 per sq ft, reflecting a 4% rise. Conversely, Kadugondanahalli offers more affordable options at ₹5,763 per sq ft, while Benson Town is priced at ₹11,154 per sq ft with a -10.8% change.

Location Rate (₹/sq.ft) Change %
Pulikeshi Nagar 16,950 7.4
Cooke Town 15,065 4
Frazer Town 16,950 58.5
Kadugondanahalli 5,763 -
Benson Town 11,154 -10.8
Off Hennur Road 11,916 -
Lingarajapuram 7,104 -
Cox Town 10,399 6.9
Kaval Byrasandra 4,907 -
Maruthi Sevanagar 9,937 -

Project and Developer Insights

Top Projects by Listing Rates

Premium residential projects in Richards Town are setting high benchmarks for asking prices. Brigade Odyssey leads with a current rate of ₹24,802 per sq ft, showing a 6.5% increase. Regency Salma is priced at ₹19,755 per sq ft, while Prestige Clarke Woods and Brigade Hallmark are both listed at ₹18,201 per sq ft, with the latter experiencing a -1.73% change. Purva Park Way and Prestige Millennium are also in a similar price bracket at ₹18,177 per sq ft.

  • Listing Rate
Project Name Rate (₹/sq.ft) Change %
Brigade Odyssey 24,802 6.5
Regency Salma 19,755 -
Prestige Clarke Woods 18,201 -1.7
Brigade Hallmark 18,201 -1.7
Purva Park Way 18,177 -1.9
Prestige Millennium 18,177 -1.9
Brigade Heritage 18,167 -1.9
Uber Signature 16,287 -
Skav Bliss 15,461 -6.7
Cresent Residency 15,402 -4.8

Government Registration in Richards Town, Bangalore

  • Sales Transactions11
  • Gross Sales Value₹ 16 Cr
  • Registered Rate₹ 11,750 /sq.ft

Government registration data for Richards Town highlights active market engagement over the period of May 2025 to April 2026. A total of 11 transactions were recorded, generating a gross value of ₹16 Cr. The average registered rate during this period stood at ₹11,750 per sq ft, indicating a stable pricing for concluded deals.

Property Rental Trends in Richards Town, Bangalore

Rental Trends by Unit Type

The rental market in Richards Town shows a clear demand for family-sized accommodations, with 3 BHK apartments being a popular choice. These residential units, typically apartments, average a monthly rent of ₹65,000.

Unit Type Rate (₹)
3 Bhk 65,000
Rental Trends by Nearby Localities

Rental rates across localities surrounding Richards Town show some variation. Pulikeshi Nagar averages ₹50 per sq ft with a -5.66% change, while Cooke Town is at ₹48 per sq ft experiencing a -9.43% dip. Benson Town, however, shows a positive rental trend with a 10.87% increase and an average rate of ₹51 per sq ft.

Locality Rate (₹/sq.ft) Change %
Pulikeshi Nagar 50 -5.66
Cooke Town 48 -9.43
Frazer Town 49 -7.55
Benson Town 51 10.87
Sindhi Colony 60 22.45
Rt Nagar 28 7.69
Kammanahalli 46 9.52
Vasanth Nagar 56 5.66
Cunningham Road 49 -
Hebbal 47 -2.08
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