Ring Road area, Bangalore

About

The Ring Road area of Bangalore features a wide variety of locations, all with distinct characteristics that surround the city. Let’s explore this detailed guide for making property decisions in the area.

Concentric Rings and Characteristics

Inner Ring (Central Business District - CBD)
  • This section, defined by the Inner Ring Road, includes Koramangala, HSR Layout, J.P Nagar, Banashankari, Indiranagar, Rajajinagar, Malleshwaram, Wilson Garden, and M.G Road.
  • Property Prices:
    • Koramangala: ₹25,000+ per sqft
    • HSR Layout: ₹20,000+ per sqft
    • J.P Nagar: ₹18,000+ per sqft
    • Banashankari: ₹20,000+ per sqft
    • Indiranagar: ₹25,000+ per sqft
    • Rajajinagar: ₹18,000+ per sqft
    • Malleshwaram: ₹25,000+ per sqft
    • Wilson Garden: ₹20,000+ per sqft
    • M.G Road: ₹80,000+ per sqft.
Second Ring (Peripheral Ring Road - PRR)
  • This area thrives on IT and commercial real estate, featuring Begur, Bannerghatta Road, Kengeri, Chandra Layout, Hebbal, Whitefield, Marathahalli, Yeshwanthpur, Sarjapura Road, and Vidyanaranyapura.
  • Property Prices:
    • Begur/Bannerghatta Road: ₹8,000 – ₹10,000 per sqft
    • Kengeri: ₹10,000 – ₹12,000 per sqft
    • Chandra Layout: ₹12,000 – ₹14,000 per sqft
    • Hebbal: ₹11,000 – ₹13,000 per sqft
    • Whitefield: ₹11,000 – ₹12,000 per sqft
    • Marathahalli: ₹10,000 – ₹12,000 per sqft
    • Yeshwanthpur: ₹12,000 – ₹15,000 per sqft
    • Sarjapura Road: ₹9,000 – ₹10,000 per sqft
    • Vidyanaranyapura: ₹12,000 – ₹14,000 per sqft.
Third Ring (Satellite Ring Road - STRR)
  • Mostly undeveloped with some industrial zones on the outskirts, with locations such as Bommasandra, Bannarghatta, Kumbalgodu, Hessaraghatta, Yelahanka, and Sarjapura.
  • Property Prices:
    • Bommasandra: ₹8,000 – ₹9,000 per sqft
    • Bannarghatta: ₹6,000 – ₹8,000 per sqft
    • Kumbalgodu: ₹6,000 – ₹8,000 per sqft
    • Hessaraghatta: ₹6,000 – ₹9,000 per sqft
    • Yelahanka: ₹6,000 – ₹12,000 per sqft
    • Sarjapura: ₹7,400 – ₹10,000 per sqft.

Rental Trends

  • 1 BHK Flats: ₹8,000 - ₹28,375 per month
  • 2 BHK Flats: ₹16,000 - ₹55,000 per month
  • 3 BHK Flats: ₹32,000 - ₹1.4 Lakh per month
  • 4 BHK Flats: ₹55,000 - ₹2.5 Lakh per month
  • 5 BHK Flats: ₹74,500 - ₹4.7 Lakh per month.

Infrastructure and Development

  • The Outer Ring Road (ORR) shows major developments, especially from Hebbal to Silk Board. There will be new commercial centers, malls, and extensive construction activities.
  • This ORR segment plans to become signal-free with flyovers and underpasses, improving connectivity and reducing traffic.

Price Trends and Appreciation

  • In Outer Ring Road South, prices have gone up a lot:
    • Flat prices are ₹5,750 to ₹11,000 per sqft, with an average of ₹7,600 per sqft.
    • Land rates range from ₹8,650 to ₹13,350 per sqft.
    • Builder floors vary from ₹5,500 to ₹12,600 per sqft.
  • There’s a 17% rise in prices in the last year, and a 114.4% increase in the last decade in that area.

Challenges

  • Traffic congestion is intense, particularly on the Outer Ring Road, because of more vehicles.
  • Sometimes crossings and streetlights aren’t safe or sufficient, causing accidents and traffic jams.

PropertyWala's Conclusion

Bangalore’s Ring Road area offers a broad range of real estate options, from the costly, developed CBD to the more affordable outer regions. For buying or renting, consider the unique needs like workspaces’ closeness, schools, and facilities. The continuous infrastructure developments, coupled with the historical appreciation trends, make this area an appealing investment. It’s important, though, to know about traffic congestion and other challenges. Analyze pros and cons according to your requirements to make an informed choice.

Reviews

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Projects

Prestige South Ridge - Ring Road, Bangalore

Prestige South Ridge

Ring Road area, Bangalore

  • Started
  • May, 2011

Prestige South Ridge projects presents 3BHK & 4BHK.

: Prestige South Ridge presents 3BHK & 4BHK flats.

Sale Properties

4 Bedroom Apartment for sale in Ring Road area, Bangalore
₹ 2.5 Cr

4BHK Flat for sale in Ring Road

₹ 2.5 Cr

  • 26,910 SqFeet
  • ₹929/SqFeet
  • Immediate

4 bhk , 26910 sqft , Ring road

: 4 bhk , 26910 sqft , Ring road , ready possession , oc received , no gst , luxury at economy , full amenities , integrated towers , all round connectivity , posh location , elite people , 360 * view , Green certified towers ,
Posted: by Bgd nh
4 Bedroom Independent House for sale in Ring Road area, Bangalore
₹ 2.5 Cr

Independent House for sale in Ring Road

₹ 2.5 Cr

  • 99,999 SqFeet
  • ₹250/SqFeet
  • Immediate

4 bhk , 99999 sqft , Ring road

: 4 bhk , 99999 sqft , Ring road , ready possession , oc received , no gst , luxury at economy , full amenities , integrated towers , all round connectivity , posh location , elite people , 360 * view , Green certified towers ,
Posted: by Jv a

Rental Properties

1 Bedroom Apartment for rent in Murugesh Palya, Bangalore
₹ 27,000

1BHK Flat for rent in Murugesh Palya

₹ 27,000

  • 700 SqFeet
  • ₹39/SqFeet
  • Immediate

1BHK flat for rent in Murugeshpalya

: 1RK, 1Bhk 2Bhk 3Bhk #flats are available for rent in a newly constructed building in Murugeshpalya , OldAirportRoad WindTunnelRoad #EGL #SemiFurnished . The maintenance charge is 2000/- per month Brokerage 1 month rent, for more details Contact Us

Price Trends

Locality ID
A472451113
PinCode
560045