Top 10 posh localities in Bengaluru

[ecis2016.org] In this article, we look at the top 10 posh areas in Bangalore along with the property prices and rentals in these areas

As the information technology (IT) capital of India, Bengaluru offers opportunities for working professionals, start-ups and entrepreneurs. However, this is not the only factor that drives the demand for real estate here. Owing to its growth potential, the city has also been a favourite among NRIs and expats. If you are one looking for a premium locality to invest in this city, we have compiled a list of 10 posh areas in Bangalore.

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1. Basavanagudi

A residential-cum-commercial locality, Basavanagudi is a posh area in Bangalore. Located in south Bengaluru, close to Jayanagar, it is one of the oldest localities in the city and a hub of commerce in the yesteryears.

Parameter	Availability	Star rating
Profile of neighbours	HNIs, NRIs, corporates, businessmen, working professionals, many with ancestral properties here.	⭐⭐⭐⭐⭐
Hangout locations	Gandhi Bazaar, DVG Road, Indian Institute of World Culture	⭐⭐⭐⭐⭐
Educational institutions	BMS College of Engineering and National College, etc.	⭐⭐⭐⭐⭐
Infrastructure	Bengaluru city railway station (5.8 kms), Nayandahalli railway station (7.8 kms), National college metro.	⭐⭐⭐⭐
Transport	Basavanagudi Police Station bus station, Nettakallappa Circle bus station, Gunasheela Hospital bus station, Nagasandra Circle bus station, Garadi Apartments bus station and cabs	⭐⭐⭐⭐
Job market	Brigade Software Park (2.3 kms), Global Tech Park (5.2 kms), Kalyani Magnum IT Tech Park (7 kms), Enzyme Tech Park (6.4 kms).	⭐⭐⭐⭐⭐
Hospitals	Victoria Hospital, Sri Balaji Hospital and ESIC Hospital	⭐⭐⭐⭐⭐
Safety	Safe	⭐⭐⭐⭐
Grocery/provisions	Available at short distance	⭐⭐⭐⭐⭐

Check put price trends in Basavanagudi

Property prices and rent in Basavanagudi

Basavanagudi	1RK or 1BHK	2BHK	3BHK
Buy	Rs 35 lakhs onwards	Rs 50 lakhs onwards	Rs 70 lakhs onwards
Rent	Rs 6,500 onwards	Rs 15,000 onwards	Rs 22,000 onwards

Check out properties for sale in Basavanagudi.

Rental trend in Basavanagudi

Source: ecis2016.org 

Check out properties for rent in Basavanagudi.

2. Benson Town

In north Bengaluru, Benson Town is an old locality, inhabited by the traditionally rich. SK Garden and Byadarahalli are the known suburbs within Benson Town. While Benson town is a top area in Bangalore, residents often face waste management issues.

Parameter	Availability	Star rating
Profile of neighbours	HNIs, NRIs, corporates, businessmen, working professionals	⭐⭐⭐⭐⭐
Hangout locations	Brigade Road, MG Road, Commercial Street, Palace Mall, Sigma Central, Orion East, Maruthi Complex	⭐⭐⭐⭐⭐
Educational institutions	Welbourne Public School, Good Hope English Primary And High School, Jain Preschool An International Pre Primary School, etc.	⭐⭐⭐⭐⭐
Infrastructure	Chinnappa Garden Road, Netaji Road and Basaveshwara Main Road, connect this locality to other parts of the city	⭐⭐⭐⭐
Transport	Cabs, public transport	⭐⭐⭐⭐
Job market	Brigade Road, MG Road, Commercial Street	⭐⭐⭐⭐⭐
Hospitals	Divine Speciality Hospital, Annaswamy Mudaliar General Hospital, Church of South India Hospital, etc.	⭐⭐⭐⭐
Safety	Safe	⭐⭐⭐⭐
Grocery/provisions	Available at short distance	⭐⭐⭐⭐⭐

Check out price trends in Benson Town

Property prices and rent in Benson Town

Benson Town	1RK or 1BHK	2BHK	3BHK
Buy	Rs 15 lakhs onwards	Rs 20 lakhs onwards	Rs 70 lakhs onwards
Rent	Rs 7,000 onwards	Rs 7,000 onwards	Rs 18,000 onwards

Check out properties for sale in Benson Town.

Price trend in Benson Town

Source: ecis2016.org 

Check out properties for rent in Benson Town.

3. Cooke Town

Cooke Town is a cosmopolitan area in the city and also one of the richest areas in Bangalore. Home to many HNIs and corporates, the area is sought-after by tenants, as well. It is in north-east Bengaluru and was established when the Bangalore Civil and Military Station was overseen by the Madras Government. While overall this locality is desired, the narrow roads may irk some.

Parameter	Availability	Star rating
Profile of neighbours	HNIs, NRIs, corporates, businessmen, working professionals	⭐⭐⭐⭐⭐
Hangout locations	Brigade Road, MG Road, Commercial Street, Palace	⭐⭐⭐⭐⭐
Educational institutions	Clarence High School, Mariam Nivas High School, Maria Niketan High School, etc.	⭐⭐⭐⭐⭐
Infrastructure	Upcoming Namma Metro connectivity, Bengaluru East Railway Station at a radius of just 1 km, Kempegowda International Airport is situated 30 kms away via New Airport Road.	⭐⭐⭐⭐
Transport	Cabs, public transport	⭐⭐⭐⭐
Job market	Infantry Techno Park (6 kms), Manyata Tech Park (8 kms), Bagmane Tech Park (8 kms), and Pearl Tech Solutions (7 kms)	⭐⭐⭐⭐⭐
Hospitals	Meridian Medical Centre, UPHC Urban Primary Health Care Center, etc.	⭐⭐⭐⭐
Safety	Safe	⭐⭐⭐⭐
Grocery/provisions	Available at short distance	⭐⭐⭐⭐⭐

Check out price trends in Cooke Town

Property prices and rent in Cooke Town

Cooke Town	1RK or 1BHK	2BHK	3BHK
Buy	Rs 40 lakhs onwards	Rs 45 lakhs onwards	Rs 80 lakhs onwards
Rent	Rs 9,000 onwards	Rs 16,500 onwards	Rs 21,000 onwards

Check out properties for sale in Cooke Town.

Price trend in Cooke Town 

Source: ecis2016.org 

Check out properties for rent in Cooke Town.

4. Indira Nagar 

Located in east Bengaluru, Indira Nagar is a Bangalore posh area. This residential-cum-commercial locality is one of Bangalore’s richest area. It is strategically located close to business districts and therefore, enjoys a constant pool of tenants. However, one of the cons of this aspect is that it tends to get congested due to heavy traffic.

Parameter	Availability	Star rating
Profile of neighbours	Defence personnel, HNIs, NRIs, corporates, businessmen, working professionals	⭐⭐⭐⭐⭐
Hangout locations	100-Ft Road, Garuda Mall, 1 MG-Lido Mall and UB City	⭐⭐⭐⭐⭐
Educational institutions	National Public School, The Frank Anthony Public School and New Horizon Public School, St Joseph’s College of Commerce, Sacred Heart Girls First Grade College, and St Annes Degree College for Women.	⭐⭐⭐⭐⭐
Infrastructure and transport	Namma Metro Purple Line, cabs, public transport	⭐⭐⭐⭐⭐
Job market	RMZ Infinity, RMZ Millenia and Bagmane Tech Park	⭐⭐⭐⭐⭐
Hospitals	Columbia Asia Hospital, Chinmaya Mission Hospital, Sir CV Raman General Hospital	⭐⭐⭐⭐⭐
Safety	Safe	⭐⭐⭐⭐⭐
Grocery/provisions	Available at short distance	⭐⭐⭐⭐⭐

Check out price trends in Indira Nagar

Property prices and rent in Indira Nagar

Indira Nagar	1RK or 1BHK	2BHK	3BHK
Buy	Low supply	Rs 90 lakhs onwards	Rs 1.50 crores onwards
Rent	Rs 8,000 onwards	Rs 18,000 onwards	Rs 30,000 onwards

Check out properties for sale in Indira Nagar.

Price trend in Indira Nagar 

Source: ecis2016.org 

Read also : Interest subsidy on housing loans till March 2019, for MIG

Check out properties for rent in Indira Nagar.

5. Koramangala

Koramangala is a commercial-cum-residential locality and boasts of excellent connectivity. It is easily one of the posh areas in Bangalore, best residential areas in Bangalore and home to many HNIs and corporate bigwigs. Traffic remains a problem in Koramangala.

Parameter	Availability	Star rating
Profile of neighbours	HNIs, NRIs, corporates, businessmen, working professionals	⭐⭐⭐⭐⭐
Hangout locations	Market Square, Forum Mall, Total Mall	⭐⭐⭐⭐⭐
Educational institutions	Indian Institute of Astrophysics, St John’s Medical College, Narsee Monjee Institute of Management Studies, St Francis High School, and Bethany High School	⭐⭐⭐⭐⭐
Infrastructure and transport	under-construction metro Line 3 (RV Road-Bommasandra) under Phase 2 is expected to be completed by 2023 , transport by cabs, buses	⭐⭐⭐⭐⭐
Job market	Electronic City, Whitefield, and the IT Corridor alongside ORR as well as Koramangala	⭐⭐⭐⭐⭐
Hospitals	Apollo Spectra Hospitals, Marvel Multi-speciality Hospital, Apollo Cradle	⭐⭐⭐⭐⭐
Safety	Safe	⭐⭐⭐⭐
Grocery/provisions	Available at short distance	⭐⭐⭐⭐⭐

Check out price trends in Koramangala

Property prices and rent in Koramangala

Koramangala	1RK or 1BHK	2BHK	3BHK
Buy	Rs 60 lakhs onwards	Rs 80 lakhs onwards	Rs 80 lakhs onwards
Rent	Rs 6,000 onwards	Rs 11,000 onwards	Rs 20,000 onwards

Check out properties for sale in Koramangala.

Price trend in Koramangala

Source: ecis2016.org 

Check out properties for rent in Koramangala.

6. Malleswaram

Located in north-west Bengaluru, Malleswaram, home to the city’s old rich, is said to have been founded by the first vice-chancellor of Mysore University. One of the best places to live in Bangalore, through the years, large bungalows and independent homes have given way to some high-rises, adding a cosmopolitan mix to the overall crowd. However, the poor condition of roads is a pain point which tends to get worse during the monsoons. Moreover, parking is a problem here, as it is a commercial-cum-residential locality.

Parameter	Availability	Star rating
Profile of neighbours	HNIs, NRIs, corporates, businessmen, working professionals, traditional rich	⭐⭐⭐⭐⭐
Hangout locations	Orion Mall, Mantri Square Mall, 8th Cross Road	⭐⭐⭐⭐⭐
Educational institutions	Bangalore Education Society (BES), BP Indian Public School, Cluny Convent, MES Kishore Kendra	⭐⭐⭐⭐⭐
Infrastructure and transport	Green Line metro station, cabs, BMTC buses	⭐⭐⭐⭐
Job market	World Trade Center (2.6 kms), KIADB Industrial Area (4 kms), Wipro corporate office (7 kms), Embassy Manyata Business Park (11.6 kms) and Koramangla (14.5 kms)	⭐⭐⭐⭐⭐
Hospitals	Manipal Hospital, Vagas, Apollo, Jupiter, Leela Hospital	⭐⭐⭐⭐⭐
Safety	Safe	⭐⭐⭐⭐
Grocery/provisions	Available at short distance	⭐⭐⭐⭐⭐

Check out price trends in Malleswaram

Property prices and rent in Malleswaram

Malleswaram	1RK or 1BHK	2BHK	3BHK
Buy	Rs 30 lakhs onwards	Rs 40 lakhs onwards	Rs 70 lakhs onwards
Rent	Rs 6,000 onwards	Rs 15,000 onwards	Rs 25,000 onwards

Check out properties for sale in Malleswaram.

Price trends in Malleswaram

Source: ecis2016.org

Check out properties for rent in Malleswaram.

7. Rajajinagar

Named after C Rajagopalachari, this locality in west Bengaluru is one of the largest suburbs and is also one of the best areas to live in Bangalore. Rajajinagar boasts of properties by some of the top builders and enjoys a good liveability quotient with ample number of parks, schools and hangouts zones in its vicinity. Traffic congestion and water issues are some of the problems that irk residents.

Parameter	Availability	Star rating
Profile of neighbours	HNIs, NRIs, corporates, businessmen, working professionals	⭐⭐⭐⭐⭐
Hangout locations	Mantri Square, Orion Mall, GT World Mall	⭐⭐⭐⭐⭐
Educational institutions	Cluny Convent School, Carmel High School, S Cadambi Vidya Kendra, Aurobindo Vidya Mandir, Vivekananda College of Pharmacy	⭐⭐⭐⭐⭐
Infrastructure and transport	Green Line metro station	⭐⭐⭐⭐⭐
Job market	World Trade Centre	⭐⭐⭐⭐⭐
Hospitals	Fortis Hospital, and Narayana Nethralaya Eye Hospital	⭐⭐⭐⭐⭐
Safety	Safe	⭐⭐⭐⭐
Grocery/provisions	Available at short distance	⭐⭐⭐⭐⭐

Check out price trends in Rajajinagar

Property prices and rent in Rajajinagar

Rajajinagar	1RK or 1BHK	2BHK	3BHK
Buy	Rs 30 lakhs onwards	Rs 50 lakhs onwards	Rs 65 lakhs onwards
Rent	Rs 4,000 onwards	Rs 9,000 onwards	Rs 12,000 onwards

Check out properties for sale in Rajajinagar.

Price trends in Rajajinagar

Source: ecis2016.org

Check out properties for rent in Rajajinagar.

8. Richmond Town 

One of the posh Bangalore area names, Richmond Town is located in central Bengaluru and boasts of a high-end residential and retail market. With Bengaluru, however, traffic is a big problem and this stands true for Richmond Town, as well.

Parameter	Availability	Star rating
Profile of neighbours	HNIs, NRIs, corporates, businessmen, working professionals	⭐⭐⭐⭐⭐
Hangout locations	Garuda Mall, UB City, 1 MG-Lido Mall and Mantri Square Mall	⭐⭐⭐⭐⭐
Educational institutions	Bishop Cotton Boys School, Cathedral High School, Baldwin Girls High School, Jain University School of Sciences, Abbas Khan College of Women	⭐⭐⭐⭐⭐
Infrastructure and transport	Mahatma Gandhi Station (2.3 kms) and Trinity (3.2 kms), located on the Purple line.	⭐⭐⭐⭐
Job market	IT hub of Electronic City, Whitefield, IT Corridor along ORR	⭐⭐⭐⭐⭐
Hospitals	Fortis La Femme, St Philomenas Hospital, Mallya Hospital, Hosmat Hospital	⭐⭐⭐⭐
Safety	Safe	⭐⭐⭐⭐
Grocery/provisions	Available at short distance	⭐⭐⭐⭐⭐

Property prices and rent in Richmond Town

Richmond Town	1RK or 1BHK	2BHK	3BHK
Buy	Rs 50 lakhs onwards	Rs 1.10 crores onwards	Rs 1.50 crores onwards
Rent	Rs 16,000 onwards	Rs 22,000 onwards	Rs 25,000 onwards

Check out properties for sale in Richmond Town.

Price trends in Richmond Town

Source: ecis2016.org 

Check out properties for rent in Richmond Town.

9. RMV Extension

A top area in Bangalore, it is home to some posh homes and streets. RMV Extension Stage 2 wears a modern look and boasts of easy access to amenities. It is highly favoured by corporates.

Parameter	Availability	Star rating
Profile of neighbours	Corporates, businessmen, working professionals	⭐⭐⭐⭐⭐
Hangout locations	Esteem Mall Orion Mall, Mantri Mall, Fun World Amusement park (6 kms), Snow World (6 kms), JP Park (4 kms)	⭐⭐⭐⭐⭐
Educational institutions	MS Ramaiah Medical and Engineering College, REVA PU college, Atria Institute of Technology, ISRO Research institute, Indian Institute of Science	⭐⭐⭐⭐⭐
Infrastructure and transport	Bus stations at RMV Stage 2, ITI layout, Nagashettyhalli, Hebbal, and Patelappa Layout, Lottegollahalli railway station, Sandal Soap Factory (Green line) and Cubbon Park metro (Purple line)	⭐⭐⭐⭐
Job market	Embassy Lake Terraces, Manyata Tech Park, Kirloskar Tech Park, Brigade Caladium, Brigade Magnum. Plus various government offices	⭐⭐⭐⭐⭐
Hospitals	Ramaiah Memorial Hospital, Shirdi Sai Hospital, and Mamta Hospital	⭐⭐⭐⭐
Safety	Safe	⭐⭐⭐⭐
Grocery/provisions	Available at short distance	⭐⭐⭐⭐⭐

Check out price trends in RMV Extension Stage 2

Property prices and rent in RMV Extension

RMV Extension	1RK or 1BHK	2BHK	3BHK
Buy	Rs 35 lakhs onwards	Rs 50 lakhs onwards	Rs 65 lakhs onwards
Rent	Rs 8,000 onwards	Rs 13,000 onwards	Rs 20,000 onwards

Check out properties for sale in RMV Extension Stage 2.

Price trends in RMV Extension Stage 2

Read also : Affordable housing to see maximum demand

Source: ecis2016.org

Check out properties for rent in RMV Extension Stage 2.

10. Ulsoor or Halasuru

In central Bengaluru, Halasuru or Ulsoor is one of the oldest localities and places in Bangalore to live. It is also a tourist site with the famous Ulsoor Lake. The locality is also home to some beautiful temples.

Parameter	Availability	Star rating
Profile of neighbours	HNIs, NRIs, corporates, businessmen, working professionals	⭐⭐⭐⭐⭐
Hangout locations	Ulsoor Bazaar, 1MG	⭐⭐⭐⭐⭐
Educational institutions	BBMP Girls High School, Sree Cauvery School, Ramakrishna Middle School, Shri Sharada Vidya Niketan	⭐⭐⭐⭐⭐
Infrastructure and transport	Cabs, public transport	⭐⭐⭐⭐⭐
Job market	RMZ Millenia, Bagmane Tech Park	⭐⭐⭐⭐⭐
Hospitals	SPARSH Hospital, Chinmaya Mission Hospital, Bowring and Lady Curzon Hospital	⭐⭐⭐⭐⭐
Safety	Safe	⭐⭐⭐⭐
Grocery/provisions	Available at short distance	⭐⭐⭐⭐⭐

Check out price trends in Ulsoor

Property prices and rent in Ulsoor

Ulsoor	1RK or 1BHK	2BHK	3BHK
Buy	Limited supply	Rs 50 lakhs onwards	Rs 75 lakhs onwards
Rent	Rs 5,000 onwards	Rs 12,000 onwards	Rs 17,000 onwards

Check out properties for sale in Ulsoor.

Price trends in Ulsoor

Source: ecis2016.org

Check out properties for rent in Ulsoor.

Posh areas in Bangalore: Price movement

Listed below is the price movement observed in the richest area in Bangalore year-on-year. Note that there are various reasons that may account for it but the most common reason for the increase in prices in best residential areas in Bangalore, remains the availability of fresh inventory.

Locality	Y-o-Y price change in percentage
Basavanagudi	-7
Benson Town	2
Cooke Town	5
Indira Nagar	-5
Koramangala	6.8
Malleswaram	-5
Rajajinagar	4.67
Richmond Town	2
RMV Extension	6.5
Ulsoor or Halasuru	1

Know all about Kaveri online guidance value in Bangalore

Other localities for luxury properties

Sadashivnagar

Noted politicians, businessmen and Sandalwood stars have their homes in Sadashivnagar. Also known as the Palace Orchards, this Bangalore posh area was one of the four pillars that Kempegowda used, to mark the city limits. Swanky bungalows, plush independent homes, tree-lined stretches and the greenery, keep this area lively and stately, making it the one of the best places to live in Bangalore. You will be able to see some of the bungalows giving way to high-rises, keeping in sync with the demand of the times.

Average cost of property for sale in Sadashivnagar: Rs 17,150 per sq ft.

Cost of property for rent in Sadashivnagar: Rs 30,000 – Rs 3 lakhs per month.

 

Shanthala Nagar

Located in the heart of Bangalore city, Shanthala Nagar houses Vittal Mallya Road, Lavelle Road and Kasturba Road which are great places in Bangalore to live. You will see old apartments, as well as new commercial constructions dotting these areas. Lavelle Road is among the busy areas. The area is more or less saturated but properties do come up for sale occasionally.

Average cost of property for sale in Shanthala Nagar: Rs 21,300 per sq ft.

Cost of property for rent in Shanthala Nagar: Up to Rs 2 lakhs per month.

 

Banashankari

Banashankari in south Bangalore is one of the largest and best residential areas in Bangalore. In short, it is called BSK and is home to many outstation students and working professionals, who live in shared accommodations,  as well as other executives. BSK’s proximity to the IT hubs is one of the top reasons why the area attracts the working populace. The locality also enjoys the presence of commercial and leisure areas, pushing up the overall property cost in this area.

Average cost of property for sale in Banashankari: Rs 7,619 per sq ft.

Cost of property for rent in Banashankari: Up to Rs 40,000 per month.

Check out luxury properties across Bangalore.

 

These were the top 10 richest areas in Bangalore. You could browse through a number of luxury projects on ecis2016.org. Begin your search today!

Note: All localities listed here are in alphabetical order. Price variations may happen due to change in current listings and what is available in the market.

FAQs

Which is the most luxurious project in posh areas in Bangalore currently available for sale in Bengaluru?

You can go through a list of luxury projects on ecis2016.org. Popular posh areas in Bangalore include Sadashivnagar, Koramangala, etc. However, due to limited availability, properties in some of the older localities are available for sale only in case of resale or redevelopment.

What is the cost of luxury projects in Bangalore in general?

In some of the most luxurious neighbourhoods in Bengaluru city, you will have to reserve a budget of Rs 10,000 to Rs 14,000 per sq ft to be able to own a home. Property prices, however, vary, depending on the amenities, connectivity, brand of the developer, size of the property and other factors.

Source: https://ecis2016.org/.
Copyright belongs to: ecis2016.org

Source: https://ecis2016.org
Category: Lifestyle