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

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Property rates in Shankar Nagar average ₹9,900 per sq ft. This valuation places it as a competitive residential pocket within Bangalore. The local market is characterized by steady interest, with ready-to-move projects like Sohan Exotica currently priced at ₹10,100 per sq ft. Investors and homebuyers can find a balanced entry point in this neighborhood, which remains distinct from the higher-priced residential corridors found in other parts of the city.

Insights

Insights for Shankar Nagar, Bangalore Real Estate Market Overview

Shankar Nagar continues to be a focal point for residential property seekers in Bangalore, offering a balanced mix of accessibility and value. The current market rate of ₹9,900 per sq ft reflects a stable environment for those looking to invest in established neighborhoods. Rental demand is also active in the surrounding areas, with neighboring regions like Malleswaram and RMV 2nd Stage recording average rental rates of ₹100 per sq ft. This rental activity highlights the broader appeal of the region for both end-users and tenants looking for well-connected housing options.

The average asking price in Shankar Nagar is ₹9,900 per sq ft, providing a stable benchmark for local property valuations.
Ready-to-move projects in the area, such as Sohan Exotica, are currently listed at ₹10,100 per sq ft.
Rental rates in nearby RMV 2nd Stage have seen a notable increase of 16.67%, reaching ₹100 per sq ft.
Malleswaram also commands a strong rental average of ₹100 per sq ft with a positive growth of 7.06%.
Surrounding locations like Jalahalli maintain a consistent rental average of ₹50 per sq ft.

Market Strengths

Shankar Nagar maintains a stable average asking price of ₹9,900 per sq ft, appealing to value-conscious buyers.
The presence of ready-to-move projects provides immediate housing solutions without the risks associated with under-construction timelines.
Strong rental growth in surrounding areas like RMV 2nd Stage (16.67%) and Malleswaram (7.06%) highlights the area's popularity with tenants.
The diverse range of neighboring property rates allows investors to choose between premium locations like Rajaji Nagar and more affordable options like Jalahalli.
The established nature of the locality ensures consistent demand for residential units.

Market Challenges

Nearby markets like Yeshwanthpur have experienced a significant price decline of -26.21%, signaling potential instability in some neighboring zones.
The rental market in Rajaji Nagar has seen a contraction of -8.45%, suggesting a need for careful evaluation of rental income expectations in the wider area.
Vijayanagar has seen a minor price correction of -2.1%, reflecting the sensitivity of the market to local economic shifts.

Investment Opportunities

The proximity to high-growth rental markets like RMV 2nd Stage, which saw a 16.67% increase, suggests potential for long-term rental income growth.
Ready-to-move properties in Shankar Nagar, priced at ₹10,100 per sq ft, offer a stable entry point for immediate occupancy.
The consistent pricing in the locality provides a hedge against the volatility seen in higher-priced neighboring markets.
Rental yields in well-connected hubs like Malleswaram, currently at ₹100 per sq ft, indicate strong demand for quality residential space.

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 holding steady at ₹9,900 per sq ft. This pricing reflects a consistent market valuation for the locality compared to the broader micromarket average of ₹12,300 per sq ft.

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

The surrounding micromarkets exhibit a wide range of property valuations, reflecting the diverse nature of Bangalore's real estate landscape. Rajaji Nagar commands a premium at ₹25,450 per sq ft, representing a significant price point in the region. Meanwhile, areas like Jalahalli and Vijayanagar offer more accessible options, with rates standing at ₹8,550 and ₹8,650 per sq ft respectively. Lottegollahalli remains in the mid-range at ₹14,350 per sq ft, providing a middle ground for potential investors.

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

The Shankar Nagar market features ready-to-move inventory that caters to those seeking immediate possession. These properties are priced at an average of ₹10,100 per sq ft, experiencing a minor shift of -0.84%. This supply offers a reliable option for buyers prioritizing quick occupancy.

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

Sohan Exotica stands out as a key residential development in Shankar Nagar. It is currently priced at ₹10,100 per sq ft, with a recent price change of -0.84%.

Explore Property Rates in Top Cities

Mumbai

Avg. Asking Price ₹ 38,600 /Sq.Ft

Govt Registration Rate ₹ 18,550 /Sq.Ft

Navi Mumbai

Avg. Asking Price ₹ 19,300 /Sq.Ft

Govt Registration Rate ₹ 13,900 /Sq.Ft

Thane

Avg. Asking Price ₹ 15,350 /Sq.Ft

Govt Registration Rate ₹ 9,600 /Sq.Ft

Gurgaon

Avg. Asking Price ₹ 14,850 /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

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

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 stands at ₹9,900 per sq ft. This rate has remained stable with a change percentage of 0% over the observed period, indicating a steady price environment for residential apartments in this locality.

How have property prices in Shankar Nagar trended recently?

Property prices in the Shankar Nagar micromarket have shown a fluctuating trajectory, moving from ₹12,300 per sq ft in September 2025 to ₹13,950 per sq ft in December 2025, dipping to ₹13,450 per sq ft in March 2026, and reaching ₹13,800 per sq ft as of June 2026. This quarterly movement suggests a resilient demand pattern despite minor corrections throughout the past year.

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

Property rates in Shankar Nagar vary significantly when compared to surrounding areas. For instance, Rajaji Nagar commands a higher average rate of ₹25,450 per sq ft, having appreciated by 14.24% from June 2025 to June 2026. Conversely, more affordable options are available in Jalahalli at ₹8,550 per sq ft, which has seen an appreciation of 3.12% over the same period, and Vijayanagar at ₹8,650 per sq ft, which experienced a depreciation of 2.1%.

What is the current 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 seen a slight depreciation of 0.84% compared to the previous period, reflecting a minor market adjustment for completed residential units in the area.

Which projects in Shankar Nagar are currently prominent in terms of listing rates?

Sohan Exotica is a notable project in Shankar Nagar, currently listed at an average rate of ₹10,100 per sq ft as of June 2026. This project has experienced a depreciation of 0.84% compared to the prior period, consistent with the broader Ready To Move segment trend in the locality.

How do rental rates compare across different neighbourhoods near Shankar Nagar?

Rental rates show a diverse landscape in the vicinity of Shankar Nagar as of June 2026. Malleswaram and RMV 2nd Stage both command premium rental rates of ₹100 per sq ft, with RMV 2nd Stage showing significant growth, having appreciated by 16.67% from June 2025 to June 2026, while Malleswaram appreciated by 7.06%. In contrast, Rajaji Nagar and Jalahalli offer more competitive rental options at ₹50 per sq ft, though Rajaji Nagar saw a depreciation of 8.45% compared to the previous period.

What should investors know about the rental market trends near Shankar Nagar?

Investors looking at areas near Shankar Nagar should note the varying performance of rental assets as of June 2026. While RMV 2nd Stage has seen strong rental appreciation of 16.67% compared to June 2025, other areas like Rajaji Nagar have faced a rental depreciation of 8.45% over the same timeframe. These figures highlight the importance of selecting specific pockets for investment, as rental yields and growth potential can differ substantially even between neighbouring localities.