Koramangala 3rd Block, Bangalore

About

Overview of Koramangala 3rd Block, Bangalore

Location and Connectivity

Koramangala 3rd Block is in the south-eastern part of Bangalore, famed for its prime location. It's close to significant employment hubs such as Bannerghatta Road (6 km away), Bellandur (7 km), Sarjapur-Marathahalli (6.5 km), and Electronic City (13 km).

Real Estate Value and Pricing

This locality stands out as one of the most expensive and desirable areas in Bangalore. As of the third quarter of 2024, the average property price in Koramangala 3rd Block has surged to around ₹35,000 per square foot, up from ₹32,000 in the same period last year. Some noteworthy transactions include a 10,000-square foot plot sold for ₹67.5 crore and a 9,488-square foot plot sold at ₹68,597 per square foot.

Types of Properties Available
  • Residential Plots: Big plots, including 2,400 sqft, 9,600 sqft, and 11,000+ sqft, are sold for both residential and semi-commercial purposes.
  • Apartments: Large 2 BHK and expansive 3 BHK, 4 BHK, and 5 BHK apartments are available in various housing societies. They often feature private gardens, pools, gymnasiums, and energy-efficient features like solar power along with rainwater harvesting systems.
  • Bungalows and Villas: This area includes heritage villas and modern homes designed by globally recognized architects, often with antiques and modern art.
Amenities and Infrastructure
  • Educational Institutions: It's near several top-notch educational institutions.
  • Healthcare Facilities: Hospitals and clinics are conveniently located near the 3rd Block.
  • Malls and Commercial Spaces: This area is close to major shopping malls and commercial hubs, including Forum Mall.
  • Civic Amenities: Excellent civic amenities, including schools, bus stops, parks, and other essential services, are readily available.
Safety and Security

Koramangala 3rd Block is known for its high safety standards. The property here often includes 24x7 security services, gated entrances, and additional security measures ensuring a secure living environment.

Rental Market

Renters will find several options, such as fully furnished and semi-furnished apartments. For instance, a 2 BHK flat rents out for about ₹53,000 per month plus maintenance, with a deposit of ₹2.65 lakhs.

PropertyWala's Conclusion

Koramangala 3rd Block in Bangalore stands as an elite and highly sought-after location. It blends luxury, convenience, and prime location, making it perfect for investors, residents, or those looking to rent. The area's high property values, excellent connectivity, and top-notch amenities make it a coveted choice for affluent buyers and renters. Despite its premium status, it still comes with a high price tag, mainly accessible to those with significant financial resources.

Nearby

  • Transport

    • Bharat Petroleum (~1 km)
    • Koramangala TTMC (~2 km)
    • HAL Airport (~7 km)
    • Mahatma Gandhi Road (~8 km)
    • Krantivira Sangolli Rayanna (Bengaluru) (~12 km)
    • Kempegowda International Airport (~44 km)

  • Shopping & Dining

    • Madiwala Market (<1 km)
    • Nature's Basket (<1 km)
    • Pasta Street (~1 km)
    • The Hole In The Wall Cafe (~1 km)
    • Classic Shop (~2 km)
    • Nexus Koramangala (~2 km)

  • Healthcare

    • Anand Diagnostic Laboratory (<1 km)
    • Gunasheela Hospitals (<1 km)
    • MedPlus (<1 km)
    • Cherish Fertinity Clinic (<1 km)
    • St.John's Medical College Hospital (~1 km)
    • Apollo Diagnostics (~1 km)

  • Education

    • St. Francis College (<1 km)
    • St. Francis School (<1 km)
    • St. John's Medical College (~2 km)
    • PNS School (~2 km)
    • Christ University (~3 km)
    • DVK Central Library (~3 km)

  • Leisure & Entertainment

    • Heble Park (<1 km)
    • Coolulu TurfPark Sports (~2 km)
    • PVR (~2 km)
    • Koramangala Indoor Stadium (~2 km)
    • Karnataka Golf Association Golf Course (~5 km)
    • Bannerghatta Zoo (~21 km)

  • Services

    • Axis Bank (<1 km)
    • KIOCL Limited (<1 km)
    • HDFC Bank ATM (<1 km)
    • Blue Dart Express Limited (~1 km)
    • Madiwala Traffic Police Station (~1 km)
    • Jayanagara Fire Station (~4 km)

  • Religious Places

    • Seva Sadan (<1 km)
    • Masjid-e-Noor (~1 km)
    • Ayyapa Swamy Temple (~1 km)
    • Jamia Masjid (~2 km)
    • Sri Prasanna Ganapathi Temple (~2 km)
    • Majid e khudadad (~4 km)

  • Business & Hospitality

    • Grand Mercure (<1 km)
    • Embassy GolfLinks Business Park (~4 km)
    • AMR Tech Park (~5 km)
    • National Aerospace Laboratories (~7 km)
    • U. R. Rao Satellite Centre (~7 km)
    • Aloft Bengaluru Outer Ring Road (~10 km)
Places © OpenStreetMap contributors, Overture Maps Foundation * Distances from the centre of Koramangala 3rd Block

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News

Koramangala 3rd Block Property Prices Rise 9.5% to ₹35,000

Mint · · Residential

Koramangala 3rd Block’s prices reached ₹35,000 per square foot in Q3 2024, while high-profile property deals and rising rents underline its premium status.

Key facts

Koramangala 3rd Block, southeast Bengaluru, is a high-end residential neighbourhood attracting startup founders, executives, politicians and real estate magnates. Quess Corp MD Ajit Isaac bought a 10,000-square-foot plot for ₹67.5 crore; a previous TVS Motors purchase set a record at ₹68,597 per square foot.

Housing.com data puts prices at ₹35,000 per square foot in Q3 2024, up 9.5% from ₹32,000 a year earlier. Plots often exceed 4,000 square feet. The neighbourhood is near employment centres on Bannerghatta Road, in Bellandur and in Electronic City, as well as schools, shopping and healthcare. Residents include Sachin Bansal, Nandan Nilekani, Kris Gopalakrishnan and Dr Devi Shetty. Homes range from heritage villas to modern residences, with amenities including gardens, pools, gyms, solar panels and rainwater harvesting.

Square Yards puts Koramangala’s average price at ₹19,149 per square foot in 2024, up 43% from ₹13,355 in 2023. Monthly rents ranged from ₹48,000 to ₹1,34,400, versus ₹49,500–₹90,000 in 2023. Knight Frank reported Bengaluru residential prices rose 10% year-on-year in July–September 2024, the highest increase among India’s top eight cities.

Koramangala 3rd Block Leads Bengaluru’s Property Prices

Hindustan Times · · Residential

Koramangala 3rd Block property prices rose 9.5% year-on-year to ₹35,000 per square foot in Q3 2024 amid limited supply and high demand.

Key facts

Koramangala 3rd Block, known as Billionaire Street, is among Bengaluru’s costliest neighbourhoods. Quess Corp MD Ajit Isaac bought a 10,000-square-foot plot there for ₹67.5 crore in 2024; an earlier deal saw TVS Motors acquire a 9,488-square-foot plot at ₹68,597 per square foot. Brokers cite larger plots and affluent residents; many bungalows span 4,000 square feet. Housing.com data put average prices at ₹35,000 per square foot in Q3 2024, up 9.5% from ₹32,000 a year earlier. The area is 6 km from Bannerghatta Road, 7 km from Bellandur, 6.5 km from Sarjapur-Marathahalli and 13 km from Electronic City. Residents include Sachin Bansal, Nandan Nilekani, Kris Gopalakrishnan, Devi Shetty and Rajeev Chandrasekhar. Knight Frank reported Bengaluru residential prices rose 10% year-on-year in July–September 2024, the sharpest increase among eight major cities. Square Yards put Koramangala’s January–September average at ₹19,149 per square foot, up 43% from ₹13,355 in 2023; monthly asking rents ranged from ₹48,000 to ₹1,34,400, versus ₹49,500–₹90,000 in 2023.

News items from other publishers are their reports, condensed; follow the link for the full report. PropertyWala.com is not their source.

Projects

K Raheja Vivarea - Koramangala 3rd Block, Bangalore

K Raheja Vivarea

Koramangala 3rd Block, Bangalore

  • Completed
  • Jul, 2025

clubhouse with various indoor and outdoor facilities

: K Raheja Vivarea is located in the heart of Koramangala, Bangalore offers 3, 3.5, 4 &amp; 5 BHK apartments with various facilities.
Apranje Elan - Koramangala 3rd Block, Bangalore

Apranje Elan

Koramangala 3rd Block, Bangalore

  • Completed
  • Jul, 2017

Beautiful Apartments with pleasant environment

: Apranje Elan by Apranje Estates Ltd at the very prime location of Koramangala 3rd Stage in Bangalore offers residential project that host 3 bhk apartments in various sizes.

Sale Properties

Residential Land for sale in Koramangala 3rd Block, Bangalore
₹ 60 L

Residential Plot for sale in Koramangala 3rd Block

₹ 60 L

  • 1,200 SqFeet
  • ₹5,000/SqFeet
  • Immediate

Erayaa Prime Rose Gold Spire

: ? *ERAYAA BUILDERS AND DEVELOPERS* ? PROUDLY LAUNCHING *"ERAYAA PRIME ROSE GOLDSPIRE "¿¿?* WHERE DREAMS , FINDS ADDRESS @¿¿HARAGADDE , JIGANI¿¿ ¿¿ **BMRDA APPROVED* *Individual E-KHATA** ¿¿ _*ULTIMATE LAUNCHING OFFER PRICE_* ¿¿Plots @ just *Rs.4999/- per sq.ft* **Booking Amount :1,00,000** *Plot...
Posted: by Sanjay Hs
Property ID: P245825529
3BHK for sale in Sobha Infinia, Koramangala, Bangalore
₹ 4.17 Cr

3BHK Flat for sale in Koramangala

₹ 4.17 Cr

  • Sobha Infinia
  • Within 4 Years
  • 1,932 SqFeet
  • ₹21,570/SqFeet

Apartment / Flat

: Sobha Sterling Infinia is located in the heart of Koramangala, Bengaluru offers 3&4 BHK apartments with various facilities.
3BHK for sale in Pacifica Hamilton Tower, Koramangala, Bangalore
₹ 78.6 L

3BHK Flat for sale in Koramangala

₹ 78.6 L

Apartment / Flat

: Pacifica Hamilton Towers by Pacifica Companies at the very prime location of Koramangala, Bangalore. The project hosts residential 3 and 4 bhk apartments in various sizes.
3BHK for sale in Kolte Patil 24k Grazio, Koramangala, Bangalore

3BHK Flat for sale in Koramangala

Apartment / Flat

: Kolte Patil 24K Grazio by Kolte Patil Developers Ltd at the very prime location of Koramangala, Bangalore hosts 3 and 4 bhk apartments in various sizes.
4BHK for sale in Kolte Patil 24k Grazio, Koramangala, Bangalore

4BHK Flat for sale in Koramangala

Apartment / Flat

: Kolte Patil 24K Grazio by Kolte Patil Developers Ltd at the very prime location of Koramangala, Bangalore hosts 3 and 4 bhk apartments in various sizes.
4BHK for sale in Pacifica Hamilton Tower, Koramangala, Bangalore

4BHK Flat for sale in Koramangala

Apartment / Flat

: Pacifica Hamilton Towers by Pacifica Companies at the very prime location of Koramangala, Bangalore. The project hosts residential 3 and 4 bhk apartments in various sizes.
3BHK for sale in Pacifica Hamilton Tower, Koramangala, Bangalore

3BHK Flat for sale in Koramangala

Apartment / Flat

: Pacifica Hamilton Towers by Pacifica Companies at the very prime location of Koramangala, Bangalore. The project hosts residential 3 and 4 bhk apartments in various sizes.
3BHK for sale in Apranje Elan, Koramangala 3rd Block, Bangalore
₹ 2.74 Cr

3BHK Flat for sale in Koramangala 3rd Block

₹ 2.74 Cr

  • Apranje Elan
  • Immediate
  • 1,861 SqFeet
  • ₹14,723/SqFeet

Apartment / Flat

: Apranje Elan by Apranje Estates Ltd at the very prime location of Koramangala 3rd Stage in Bangalore offers residential project that host 3 bhk apartments in various sizes.
3BHK for sale in Esteem Royale, Koramangala, Bangalore
₹ 1.16 Cr

3BHK Flat for sale in Koramangala

₹ 1.16 Cr

  • Esteem Royale
  • Immediate
  • 1,570 SqFeet
  • ₹7,389/SqFeet

Apartment / Flat

: Esteem Royale by Esteem Developers at the very prime location of Cauvery Colony, Koramangala in Bangalore offers residential project that host 2 and 3 bhk apartments in various sizes.
2BHK for sale in Esteem Splendor I, Koramangala, Bangalore
₹ 1.11 Cr

2BHK Flat for sale in Koramangala

₹ 1.11 Cr

  • Esteem Splendor I
  • Immediate
  • 1,327 SqFeet
  • ₹8,365/SqFeet

Apartment / Flat

: Esteem Splendor I by Esteem Developers at the very prime location of Adugodi, Koramangala in Bangalore offers residential project that host 1, 2 and 3 bhk apartments in various sizes.
1BHK for sale in Esteem Splendor I, Koramangala, Bangalore
₹ 1.01 Cr

1BHK Flat for sale in Koramangala

₹ 1.01 Cr

  • Esteem Splendor I
  • Immediate
  • 1,046 SqFeet
  • ₹9,666/SqFeet

Apartment / Flat

: Esteem Splendor I by Esteem Developers at the very prime location of Adugodi, Koramangala in Bangalore offers residential project that host 1, 2 and 3 bhk apartments in various sizes.
2BHK for sale in Esteem Royale, Koramangala, Bangalore
₹ 96 L

2BHK Flat for sale in Koramangala

₹ 96 L

  • Esteem Royale
  • Immediate
  • 1,430 SqFeet
  • ₹6,713/SqFeet

Apartment / Flat

: Esteem Royale by Esteem Developers at the very prime location of Cauvery Colony, Koramangala in Bangalore offers residential project that host 2 and 3 bhk apartments in various sizes.
3BHK for sale in Esteem Splendor I, Koramangala, Bangalore
₹ 1.75 Cr

3BHK Flat for sale in Koramangala

₹ 1.75 Cr

  • Esteem Splendor I
  • Immediate
  • 1,930 SqFeet
  • ₹9,067/SqFeet

Apartment / Flat

: Esteem Splendor I by Esteem Developers at the very prime location of Adugodi, Koramangala in Bangalore offers residential project that host 1, 2 and 3 bhk apartments in various sizes.

Price Trends

Also known as: 3rd Block Koramangala, Koramangala Block 3
Locality ID
A110510581
PinCode
560079