Budget Localities In Bangalore For Commercial Properties

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 /118

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 /9

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

About the Author:

Zamanzar.com is currently ranked within the TOP 10 real estate portals in India according to Alexa traffic rank. Zamanzar.com provides an end to end solution for buying/renting/selling residential or commercial Bangalore real estate. Zamanzar.com has thousands of property listings for sale and rent in Mumbai, including residential and commercial resale properties, rental properties and new projects.

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