Shankar Nagar Property Rates — ₹9,900/sq ft

Buy
Rent
Manage
Finance
Interiors
For Professionals

Sell or Rent Property

Property rates in Shankar Nagar average ₹9,900 per sq ft. The market maintains a stable position for residential buyers, with ready-to-move projects like Sohan Exotica attracting attention at an average price of ₹10,100 per sq ft. This area serves as a key residential hub in Bangalore, offering a balanced mix of established living spaces and competitive pricing compared to surrounding localities, making it an accessible choice for those seeking prime urban connectivity.

Insights

Insights for Shankar Nagar, Bangalore Real Estate Market Overview

Shankar Nagar continues to be a steady residential destination within Bangalore, characterized by a balanced price point of ₹9,900 per sq ft. The local market benefits from the presence of ready-to-move inventory, which provides immediate housing solutions for prospective residents. Rental demand in the broader region remains active, influenced by proximity to major employment hubs and well-connected transit networks. Investors and homebuyers often look toward this area for its consistent value and established infrastructure.

The average asking price in the locality is currently ₹9,900 per sq ft.
Ready-to-move residential properties command an average rate of ₹10,100 per sq ft.
Sohan Exotica stands out as a primary project within the locality, currently priced at ₹10,100 per sq ft.
Rental rates in nearby high-demand areas like Malleswaram and RMV 2nd Stage have reached ₹100 per sq ft.
The surrounding real estate landscape shows significant price variance, with nearby locations like Rajaji Nagar averaging ₹25,450 per sq ft.

Market Strengths

The locality maintains a competitive average asking price of ₹9,900 per sq ft.
Ready-to-move properties provide reliable housing options for immediate occupants.
Access to high-rental yield areas like RMV 2nd Stage, which shows a 16.67% increase in rental rates.
The presence of established projects like Sohan Exotica builds market trust.
Proximity to diverse micro-markets allows for varied investment strategies based on budget and location preference.

Market Challenges

Nearby markets like Yeshwanthpur have experienced a significant price correction of -26.21%, which may influence broader regional sentiment.
Rental rates in Rajaji Nagar have seen a decline of -8.45%, suggesting competitive pressure in the immediate vicinity.
Price fluctuations in surrounding areas like Vijayanagar, which dropped by -2.1%, indicate a need for careful local market evaluation.

Investment Opportunities

Ready-to-move projects like Sohan Exotica offer a stable investment at ₹10,100 per sq ft.
Proximity to high-rental areas like Malleswaram, which averages ₹100 per sq ft, supports long-term value growth.
The locality's base rate of ₹9,900 per sq ft provides a more accessible entry point compared to neighboring high-value markets.
Established infrastructure in the region supports consistent rental demand for residential units.

Top Localities in Shankar Nagar, Bangalore

Mahalakshmi Layout

Avg Price ₹ 11,850 /Sq.Ft.

LISTINGS 1

Mahalakshmipuram

Avg Price ₹ 10,450 /Sq.Ft.

LISTINGS 1

Nandini Layout

Avg Price ₹ 6,900 /Sq.Ft.

LISTINGS 1

Price Trend

Shankar Nagar, Bangalore Property Price Trends and Appreciation

As of September 2025, property rates in Shankar Nagar are positioned at an average of ₹9,900 per sq ft. This reflects a steady market environment for residential buyers looking for stability in central Bangalore.

Asking Price Trends

₹ 9,900/Sq.Ft

Sep 2025 — Jun 2026

Quarter	City Rate
Jun 2026	0
Mar 2026	0
Dec 2025	0
Sep 2025	9900

About Asking Price Trends

Shankar Nagar Property Price Comparison

By Localities
By Property Status

Location	Rate (₹/Sq.Ft)	Change %
Rajaji Nagar	25,450	14.2
Yeshwanthpur	11,150	-26.2
Jalahalli	8,550	3.1
Rmv 2nd Stage	21,100	-1.5
Lottegollahalli	14,350	4.9
Rajaji Nagar 6th Block	15,950	16.3
Seshadripuram	15,950	6.9
Vijayanagar	8,650	-2.1
Devinagar	13,350	-
Jalahalli West	7,900	5.3

Shankar Nagar is surrounded by diverse residential pockets that cater to various budget segments. Rajaji Nagar commands a premium at ₹25,450 per sq ft, whereas more affordable options are found in Jalahalli West at ₹7,900 per sq ft. Meanwhile, areas like Lottegollahalli and Devinagar offer mid-range alternatives, averaging ₹14,350 per sq ft and ₹13,350 per sq ft respectively.

Status	No of Project	Rate (₹/Sq.Ft)	Change %
Ready To Move	1	10,100	-0.8

The Shankar Nagar market offers properties tailored to immediate occupancy needs. Ready-to-move inventory, consisting of 1 unit, averages ₹10,100 per sq ft and has seen a slight adjustment of -0.84%, providing a transparent pricing benchmark for buyers looking to move in without the wait associated with under-construction projects.

Project & Developer Insights

Top Residential Projects and Developers in Shankar Nagar

Provident Equinox 4 ₹ 73.49 L - ₹ 1.8 Cr

Central Bangalore, Bangalore

Provident Equinox 5 ₹ 90 L - ₹ 2.2 Cr

Central Bangalore, Bangalore

Birla Tisya ₹ 1.57 Cr - ₹ 3.48 Cr

Central Bangalore, Bangalore

Godrej Tiara ₹ 3.5 Cr - ₹ 5.3 Cr

Central Bangalore, Bangalore

Lodha Mirabelle ₹ 2.25 Cr - ₹ 4.56 Cr

Central Bangalore, Bangalore

Shriram Esquire ₹ 3.47 Cr - ₹ 4.24 Cr

Central Bangalore, Bangalore

Godrej Athena ₹ 2.55 Cr - ₹ 3.59 Cr

Central Bangalore, Bangalore

Sobha Infinia ₹ 3.59 Cr - ₹ 6.63 Cr

Central Bangalore, Bangalore

Century Regalia ₹ 6.65 Cr - ₹ 9.04 Cr

Central Bangalore, Bangalore

Provident Equinox 3 ₹ 73.49 L - ₹ 1.8 Cr

Central Bangalore, Bangalore

New Launch

Under Construction

Ready to Move

Top Projects by Listing Rates

Listing Rate

Project Name	Rate (₹/Sq.Ft)	Change %
Sohan Exotica, Shankar Nagar	10,100	-0.8

Premium residential interest in Shankar Nagar is highlighted by Sohan Exotica, which serves as a key benchmark for the locality. This project is currently priced at ₹10,100 per sq ft, reflecting a marginal price change of -0.84% and catering to those seeking established residential environments in central Bangalore.

Explore Property Rates in Top Cities

Mumbai

Avg. Asking Price ₹ 38,600 /Sq.Ft

Thane

Avg. Asking Price ₹ 15,350 /Sq.Ft

Govt Registration Rate ₹ 9,600 /Sq.Ft

Pune

Avg. Asking Price ₹ 12,950 /Sq.Ft

Govt Registration Rate ₹ 8,650 /Sq.Ft

Bangalore

Avg. Asking Price ₹ 12,100 /Sq.Ft

Govt Registration Rate ₹ 5,950 /Sq.Ft

Noida

Avg. Asking Price ₹ 11,750 /Sq.Ft

Govt Registration Rate ₹ 9,150 /Sq.Ft

Hyderabad

Avg. Asking Price ₹ 9,300 /Sq.Ft

Govt Registration Rate ₹ 3,800 /Sq.Ft

Chennai

Avg. Asking Price ₹ 7,900 /Sq.Ft

Lucknow

Avg. Asking Price ₹ 6,700 /Sq.Ft

Govt Registration Rate ₹ 2,950 /Sq.Ft

Kolkata

Avg. Asking Price ₹ 6,400 /Sq.Ft

Micromarket-Wise Property Price Trends Around Shankar Nagar, Bangalore

East Bangalore

Avg. Asking Price ₹ 13,750 /Sq.Ft

Govt Registration Rate ₹ 7,250 /Sq.Ft

Central Bangalore

Avg. Asking Price ₹ 13,450 /Sq.Ft

Govt Registration Rate ₹ 11,650 /Sq.Ft

South Bangalore

Avg. Asking Price ₹ 11,300 /Sq.Ft

Govt Registration Rate ₹ 4,550 /Sq.Ft

North Bangalore

Avg. Asking Price ₹ 11,150 /Sq.Ft

Govt Registration Rate ₹ 6,000 /Sq.Ft

West Bangalore

Avg. Asking Price ₹ 11,150 /Sq.Ft

Govt Registration Rate ₹ 4,900 /Sq.Ft

More insights about Shankar Nagar, Bangalore

Shankar Nagar, Bangalore Overview

FAQ

Frequently Asked Questions About Property Rates in Shankar Nagar, Bangalore

What is the current average asking price in Shankar Nagar?

As of June 2026, the average asking price in Shankar Nagar is ₹9,900 per sq ft. This figure has remained stable with a change percentage of 0% compared to previous periods, indicating a steady market environment for residential apartments in this locality.

How have property prices in the Shankar Nagar micromarket trended recently?

The micromarket rates in Shankar Nagar have shown a fluctuating trajectory, moving from ₹13,950 per sq ft in December 2025 to ₹13,450 per sq ft in March 2026, and reaching ₹13,800 per sq ft as of June 2026. This recent upward movement from March to June 2026 suggests a recovery in demand within the broader micromarket area.

How do property rates in Shankar Nagar compare to nearby neighbourhoods?

Property rates vary significantly across the vicinity of Shankar Nagar. For instance, Rajaji Nagar commands a premium at ₹25,450 per sq ft, having appreciated by 14.24% over the observed period, while more affordable options like Jalahalli West are priced at ₹7,900 per sq ft, which has appreciated by 5.25%. Other areas like Yeshwanthpur have seen a depreciation of 26.21% to reach ₹11,150 per sq ft, highlighting the diverse investment landscape surrounding Shankar Nagar.

What is the price for Ready To Move properties in Shankar Nagar?

As of June 2026, Ready To Move properties in Shankar Nagar are priced at an average of ₹10,100 per sq ft. This segment has experienced a slight depreciation of 0.84% compared to the previous period, reflecting a minor market adjustment for completed residential inventory.

Which residential project in Shankar Nagar is currently prominent in terms of listing rates?

Sohan Exotica is a notable project in Shankar Nagar, with a current listing rate of ₹10,100 per sq ft as of June 2026. This project's pricing reflects the current market trend for Ready To Move properties in the area, having seen a depreciation of 0.84% over the assessed timeframe.

What are the rental trends in the areas surrounding Shankar Nagar?

Rental rates in the vicinity of Shankar Nagar show significant variation, reflecting the diverse appeal of neighbouring localities. As of June 2026, RMV 2nd Stage and Malleswaram command higher rents at ₹100 per sq ft, with RMV 2nd Stage showing strong growth of 16.67% and Malleswaram appreciating by 7.06%. Conversely, areas like Rajaji Nagar, Jalahalli, and High Grounds maintain a more accessible rental rate of ₹50 per sq ft, with Rajaji Nagar seeing a depreciation of 8.45% and Jalahalli appreciating by 3.45%.

How should investors interpret the rental rate differences in the Shankar Nagar region?

Investors should view the rental rate disparity—ranging from ₹50 per sq ft in areas like Jalahalli to ₹100 per sq ft in RMV 2nd Stage—as a signal of varying tenant demand and infrastructure maturity across these localities. While higher rental rates in areas like RMV 2nd Stage (which appreciated by 16.67% as of June 2026) indicate strong premium appeal, the more affordable pockets offer entry-level opportunities for landlords. Evaluating these rates against the local sale prices is essential to determine the potential rental yield and long-term income stability for any property investment.