Table of Contents
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.
See also: Cost of living in Bangalore
1. Basavanagudi
A residential-cum-commercial locality, Basavanagudi is in south Bengaluru, close to Jayanagar. One of the oldest localities in the city, it was the 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: Housing.com
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 the locality is good, 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: Housing.com
Check out properties for rent in Benson Town.
3. Cooke Town
Cooke Town is a cosmopolitan area in the city. 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: Housing.com
Check out properties for rent in Cooke Town.
4. Indira Nagar
Located in east Bengaluru, Indira Nagar is a residential-cum-commercial locality is one of the expensive residential areas. 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: Housing.com
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 top posh residential areas in the city 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: Housing.com
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. 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: Housing.com
Check out properties for rent in Malleswaram.
7. Rajajinagar
Named after C Rajagopalachari, this locality in west Bengaluru is one of the largest suburbs. 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: Housing.com
Check out properties for rent in Rajajinagar.
8. Richmond Town
A posh locality, 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: Housing.com
Check out properties for rent in Richmond Town.
9. RMV Extension
It is on the whole, a developing area but 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
Source: Housing.com
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 in the city. 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: Housing.com
Check out properties for rent in Ulsoor.
Price movement in Bangalore’s top 10 posh localities
Listed below is the price movement observed year-on-year. Note that there are various reasons that may account for it but the most common reason for the increase in prices, 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 |
Other localities for luxury properties
Sadashivnagar
Noted politicians, businessmen and Sandalwood stars have their homes in Sadashivnagar. Also known as the Palace Orchards, this upscale locality 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. 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. 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 residential areas. 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 expensive residential areas in Bangalore. You could browse through a number of luxury projects on Housing.com. 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 currently available for sale in Bengaluru?
You can go through a list of luxury projects on Housing.com. Popular localities 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.
Related Posts
Malleswaram property market: An overview.
Indira Nagar property market: An overview.
Cooke Town property market: An overview.
Over 200 affordable housing projects planned under the Smart City Mission in Karnataka: CBRE.
Sarjapur Road property market: An overview.
Bellandur property market: An overview.
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