Property Rates in Richards Town, Bangalore 2026

The average asking price in Richards Town is ₹18,300 per sq ft, which sits significantly above the Government Registration Rate of ₹11,750 per sq ft as of June 2026. This gap between the market-driven asking price and the government-notified rate is a common characteristic in premium residential pockets, reflecting the actual value buyers are willing to pay for the locality's infrastructure and lifestyle.

As of June 2026, rental rates for spacious apartments in Richards Town are positioned at ₹1.23 Lakh per month for a 3 BHK and ₹1.89 Lakh per month for a 4 BHK. These figures reflect the premium nature of the area, catering to tenants seeking large-format, high-end residential units.

Rental rates in the vicinity of Richards Town show distinct variations as of June 2026. Areas like Ashok Nagar and Sivanchetti Gardens command higher rentals at ₹100 per sq ft, with both showing stable trends (0% change). In contrast, many surrounding areas such as Pulikeshi Nagar, Cooke Town, Frazer Town, Benson Town, Kammanahalli, Vasanth Nagar, Cunningham Road, and Hebbal currently see an average rental rate of ₹50 per sq ft. Notably, Frazer Town has seen a significant rental appreciation of 22.45% and Pulikeshi Nagar has seen an appreciation of 20% from the previous period, signaling growing demand in those specific pockets.

As of June 2026, Ready To Move properties in Richards Town are priced at an average of ₹14,400 per sq ft, having appreciated by 10.18% compared to the previous period. Meanwhile, Well Occupied properties command a higher average of ₹15,750 per sq ft, which reflects an appreciation of 6.41% over the same timeframe. The higher price point for Well Occupied units often stems from the established community and immediate availability of amenities.

As of June 2026, the most premium projects in Richards Town based on listing rates include Brigade Odyssey at ₹21,800 per sq ft (which has seen a depreciation of 16.72%) and Regency Salma at ₹19,900 per sq ft (which has appreciated by 61.68%). Other notable projects include Brigade Heritage, Prestige Millennium, and Purva Park Way, all listed at ₹18,750 per sq ft. These projects demonstrate a mix of price movements, with some showing steady appreciation, such as Prestige Millennium which grew by 4.02%.

Property prices in Richards Town have shown a dynamic trajectory leading up to June 2026. The location rate reached ₹18,300 per sq ft in June 2026, rising from ₹12,350 per sq ft in December 2025 and ₹14,500 per sq ft in September 2025. This fluctuation suggests a market adjusting to changing demand, with the current rate reflecting the latest valuation as of June 2026.

Investors should use the June 2026 data for Richards Town to compare the current average asking price of ₹18,300 per sq ft against the rental potential of the area. By analyzing the BHK-wise rental stats—such as the ₹1.23 Lakh per month for 3 BHK units—investors can better gauge the income-generating capacity of their assets. Additionally, monitoring the appreciation rates of specific projects, such as Regency Salma's 61.68% growth, helps in identifying which developments have historically outperformed the broader market.