Best Locations in Bangalore to buy Commercial Property

Published: September 29, 2009
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Bangalore is also counted amongst the country’s outsourcing hub along with Mumbai and Delhi. It is the third choice of HNIs, after Delhi and Mumbai. The presence of so many IT and ITES companies also support this fact. The boom in the IT sector caused many companies to have set up their offices in Bangalore. This created an active demand for commercial properties also.

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 (and 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

Source: Bangalore’s Commercial Properties’ Data on Zamanzar.com as on 11th September 2009. For latest rates, visit our Bangalore Commercial Property Prices Page

Bangalore’s  5 most economical commercial land locations

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

Source: Bangalore’s Commercial Properties’ Data on Zamanzar.com as on 11th September 2009. For latest rates, visit our Bangalore Commercial Property Prices Page

Bangalore’s 5 most popular commercial land locations

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
Jayanagar 10229 50

Source: Bangalore’s Commercial Properties’ Data on Zamanzar.com as on 11th September 2009. For latest rates, visit our Bangalore Commercial Property Prices Page

Bangalore’s 5 most popular Office space locations


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)
H S R Layout 6666 42
Domlur 5577 47
Hosur Road 5349 42
Marathahalli 4830 49
Whitefield 3796 46

Source: Bangalore’s Commercial Properties’ Data on Zamanzar.com as on 11th September 2009. For latest rates, visit our Bangalore Commercial Property Prices Page

Bangalore’s 5 most economical office space locations


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 an idea 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)
Cpmmercial Street 23937 159
Indira Nagar 12701 97
Brigade Road 10555 73
Koramangala 9508 67
Infantry Road 9365 116

Source: Bangalore’s Commercial Properties’ Data on Zamanzar.com as on 11th September 2009. For latest rates, visit our Bangalore Commercial Property Prices Page

Bangalore’s 5 most popular retail space (shops) locations

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.


Posted under categories: Buying Property, Indian Real Estate, Property Rates
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About Zamanzar

Zamanzar Advisory Pvt. Ltd. is a real estate advisory firm located in New Delhi, India. We offer online property search tools and offline services to help complete the transaction. Our services cater to real estate buyers, renters, and sellers. Visit Zamanzar to find out more!

2 Comments so far

  1. Premium property Bangalore October 21, 2010 6:51 pm

    Check out the new concept of quality small office spaces by hiranandani upscale.Hiranandani Upscale also offers retail spaces in addition to multiple eateries all designed with beautiful architecture and landscaping.

  2. shanmuga sundaram April 19, 2013 7:05 pm

    i want a rent fetching commercial property in a good locality in bangalore butget upto four crores.

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