Bangalore
The real estate market in Thavarekere Magadi Road presents a dynamic environment for prospective buyers and investors. Price trends across surrounding areas indicate a range of valuations, with Tumkur Road reaching up to ₹9,650 per sq ft, whereas Kengeri offers more accessible entry points at ₹7,650 per sq ft. Investors should note the varying performance metrics in these sub-locations, as shifts in property demand continue to reshape the local residential landscape. This area remains a focal point for those seeking a balance between connectivity and value in Bangalore.
As of June 2026, the average asking price in Thavarekere Magadi Road is ₹11,050 per sq ft. This figure reflects a slight downward adjustment from the ₹11,150 per sq ft recorded in March 2026, representing a marginal depreciation of approximately 0.9% over the last quarter. This recent movement suggests a period of price stabilization in the locality following the more significant growth observed in late 2025.
Property rates in Thavarekere Magadi Road have shown a dynamic trajectory, moving from ₹9,400 per sq ft in September 2025 to a peak of ₹11,150 per sq ft in March 2026, before settling at ₹11,050 per sq ft as of June 2026. This upward trend from late 2025 to early 2026 indicates strong market interest in the area, with the recent minor dip in the June 2026 quarter representing a standard market correction after a period of rapid appreciation.
Thavarekere Magadi Road currently commands a premium average asking price of ₹11,050 per sq ft as of June 2026, which is notably higher than the rates in surrounding neighbourhoods. For comparison, Seegehalli reports an average asking price of ₹7,850 per sq ft, having seen a depreciation of 24.67% from the previous period, while Kengeri stands at ₹7,650 per sq ft, reflecting a 3.55% depreciation. These differences highlight Thavarekere Magadi Road's position as a higher-value micromarket compared to these nearby alternatives.
Tumkur Road currently shows an average asking price of ₹9,650 per sq ft as of June 2026, which marks a depreciation of 18.34% compared to the prior period. For buyers, this significant downward shift suggests a potential softening in demand or an increase in available inventory, which may provide a more favorable entry point for those looking to invest in the region compared to more stable or high-growth localities.
