Property Rates in Richards Town, Bangalore 2026

As of June 2026, the average asking price in Richards Town stands at ₹18,300 per sq ft, while the Government Registration Rate is recorded at ₹11,750 per sq ft. This gap between the market-driven asking price and the government-notified rate is a common observation in premium localities, reflecting the difference between official valuation benchmarks and current buyer-seller transaction expectations.

In Richards Town, the rental market is characterized by premium pricing for larger configurations as of June 2026. A 3 BHK apartment typically commands an average rent of ₹1.23 Lakh per month, while a 4 BHK apartment is priced at an average of ₹1.95 Lakh per month. These figures cater to a segment of tenants seeking spacious, high-end residential options in a well-established part of the city.

Rental rates in the vicinity of Richards Town are largely consistent at ₹50 per sq ft across most neighbouring areas, including Pulikeshi Nagar, Cooke Town, Frazer Town, and Benson Town, as of June 2026. However, Sivanchetti Gardens stands out as a premium pocket, commanding a significantly higher rental rate of ₹100 per sq ft. While most areas have seen modest appreciation—such as Cooke Town rising by 8.33% and Benson Town by 7.84%—Sivanchetti Gardens has remained stable with 0% change, indicating a well-established rental baseline in that specific enclave.

As of June 2026, Ready To Move properties in Richards Town are available at an average price of ₹13,050 per sq ft, having appreciated by 3.05% over the observed period. In contrast, Well Occupied properties are priced at ₹14,800 per sq ft, which reflects a depreciation of 4.99% compared to the previous timeframe. This pricing structure suggests that while established, occupied projects maintain a premium, the Ready To Move segment is showing steady growth in buyer interest.

As of June 2026, Brigade Odyssey leads the local market with a listing rate of ₹26,200 per sq ft, having appreciated by 5.55%. Other prominent projects include Brigade Heritage and Brigade Hallmark, both listed at ₹18,100 per sq ft, though these have seen a minor depreciation of 0.4% and 0.58% respectively. These projects represent the upper tier of the Richards Town residential landscape, with rates reflecting their specific amenities and project positioning.

Investors looking at Richards Town should note that the average asking price as of June 2026 is ₹18,300 per sq ft, following a notable 48.61% appreciation. The quarterly trend shows a trajectory that moved from ₹12,350 per sq ft in December 2025 to ₹18,300 per sq ft by June 2026. This upward momentum indicates strong capital growth, though investors should balance this against the current rental yield profile to ensure their investment aligns with both capital appreciation and potential income goals.