Lifestyle

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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Top 10 posh localities in Bengaluru

[ecis2016.org] Cost of living in Bangalore

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

Top 10 posh localities in Bengaluru

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

Top 10 posh localities in Bengaluru

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 

Top 10 posh localities in Bengaluru

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 

Top 10 posh localities in Bengaluru

Source: ecis2016.org 

Read also : What is a shelter home?

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

Top 10 posh localities in Bengaluru

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

Top 10 posh localities in Bengaluru

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

Top 10 posh localities in Bengaluru

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

Top 10 posh localities in Bengaluru

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 : European Investment Bank to release Rs 2,293 crores for Bengaluru metro rail project

Top 10 posh localities in Bengaluru

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

Top 10 posh localities in Bengaluru

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

Debora Berti

Università degli Studi di Firenze, IT

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