subject: Budget Localities In Bangalore For Commercial Properties [print this page] Most of the new development activities are taking place near the outer ring road. The outer areas like Devanhalli, Sarjapur, Whitefield, Marathahalli, and Electronic City etc. are the new favorites for commercial development. Cheaper commercial spaces are available in the outskirts, rural Bangalore, e.g. Anekal, Bidadi, Nelamangala etc. But, for cost effectiveness within the city limits, Mysore Road, Devanhalli, Tumkur Road, and Electronic City are a few good options available for commercial land.
Below you can have a look at the 5 most popular (costly as well) and 5 most economical commercial land locations in Bangalore:
5 Most Cost Effective Commercial Land Locations in Bangalore
Area / Average Price Per Sqft (INR)
Mysore Road /434
Devanhalli /782
Electronic City /1186
Tumkur Road /1202
Sarjapur /1468
5 Most Popular Commercial Land Locations in Bangalore
Area /Average Price Per Sqft (INR)
CMH Road /17243
Cunningham Road /15836
Koramangala 7th Block/14622
Richmond Road /14578
MG Road Area /13533
There has been rise in demand for office spaces in commercial real estate sector. This is due to the fact that most of the companies are either moving to Bangalore or extending their office floor area in the city. If you are planning to have an office set up in Bangalore and want to go for the best localities then here is the top 5 list:
5 Most Popular Office Space Locations in Bangalore
Area /Average Price Per Sqft (INR)/Average Rent Per Sqft (INR)
M G Road Area /14333 /72
BTM Layout /11940 /50
Gandhi Nagar /11840 /42
Ulsoor /11667 /53
Jaynagar /10229 /50
However, small scale companies and people with lesser investments would want to look for alternatives beyond these areas. For them, the following localities might be of interest:
5 Most Cost Effective Office Space Locations in Bangalore
Area /Average Price Per Sqft (INR)/Average Rent Per Sqft (INR)
HSR Layout /6666 /42
Domlur /5577 /47
Hosur Road /5349 /42
Marathahalli /4830 /49
Whitefield /3796 /46
Bangalore has quite high spending population with enough disposable income. This has given the retail segment an opportunity to flourish. The areas that are the all time centre of commercial activities like Commercial Street, Brigade Road, MG Road, still happen to be the favorites. There is not enough capital values supply in these areas. However, rental values market shows and accord between supply and demand. Cunningham Road, Commercial Street, Infantry Road, Kormangala etc are the most sought after localities with the highest rents for retail space. Areas like Whitefield, Electronic City, and Bannerghatta Road etc are the new retail space destinations offering comparatively cheaper rents.
The table below gives the details of top 5 retail space(shops) capital and rental values rates in the city:
Top 5 Retail Space(Shops) Property Rates/Rents in Bangalore
Area /Average Price Per Sqft (INR)/Average Rent Per Sqft (INR)
Commercial Street /23937 /159
Indira Nagar /12701 /97
Brigade Road /10555 /73
Koramangala /9508 /67
Infantry Road /9365 /116
Bangalore city is expanding enormously with new centers being developed. This will bring a plethora of opportunities in the real estate sector for prospective investors in Bangalore.
by: san
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