Top 10 Posh Areas in Bangalore to Live

August 16, 2022
By Team MyGate
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In India, Bangalore is one of the most desired cities to live in for many. The city is home to numerous home-grown start-ups and fast-growing industries, like software, aerospace, telecommunication, and many more. It is also a prominent economic hub in southern India, well-connected with the world. 

Bangalore has outgrown its borders due to its rapid development brought on by the IT upsurge. Daily, numerous people relocate to Bangalore for better possibilities related to profession, benefits, education, lifestyle, environment, weather, etc. Consequently, the surrounding hinterland transformed into crowded neighbourhoods has supported infrastructure development.

Bangalore has multiple good neighbourhoods to live in for extended, nuclear families and individuals or single people sharing. The city centre and surrounding areas continue to be popular and charming, despite being the most costly. 

Be it Bangalore or any city, the most crucial factor that increases the value of a neighbourhood is its location. Characteristically, concerning real estate, the city centre is always expensive. 

In Bangalore’s case, it is the city centre and all other tech and IT hub suburb areas. Neighbourhoods like Electronic City, Whitefield, and HSR Layout are not in the city centre, yet they are one of the best areas to purchase or rent space in Bangalore. Other factors that make a locality expensive are amenities, infrastructure, connectivity, land prices, and demand and supply. 

Here is the list of the top 10 posh localities in Bangalore: 

1. Sadashivanagar

With excellent connectivity to IT parks and the international airport, Sadashiva Nagar has developed into a posh area in Bangalore, attracting many buyers. Home to many business people, politicians, and actors, this affluent area has diverse restaurants, retail centres, multiplexes, and education and health conveniences. Sadashivanagr offers both luxury high-rise apartments and villas. The neighbourhood constitutes some of the highest valued properties in Bangalore.

The average per square feet rate in Sadashivanagar is Rs. 18000/-, and 1 BHK rentals begin at Rs. 20000/-. 

2. Basavanagudi

Another affluent area in Bengaluru, Basavanagudi, is situated in the southern part of the city. An old area of Bangalore, this location is popular among both renters and buyers. Basavagudi is well-established with bustling markets, several parks with ancient trees, little lakes, and numerous varied, interesting eateries. Home to the National College, BMS College of Engineering, The Kenmore English School, and many other prestigious institutions, this neighbourhood is an excellent option for families with children.

You will find both independent homes and luxurious apartments in Basavanagudi with an average per square feet rate of Rs. 10600/- and 1 BHK rentals starting from Rs. 16000/-.

3. Indira Nagar

Another excellent posh area to stay in Bangalore, Indira Nagar is an upscale neighbourhood with excellent connectivity, entertainment, IT, and tech parks. Located in East Bangalore, Indira Nagar is well-connected to other popular areas of Bangalore like HAL, Koramangala, Domlur, Ulsoor, etc. This neighbourhood has become one of the preferred locations for luxurious living and entertainment with convenient metro connectivity. A cosmopolitan area, Indira Nagar is home to branded stores, pubs and restaurants, cafes, and educational institutions.

The average per square feet rate in Indira Nagar is Rs. 11250/-, and 1 BHK rental costs approximately Rs. 18000/-. 

4. Koramangala

When we talk about posh areas in Bangalore, Koramangala is on the top of the list. Due to its excellent social infrastructure, robust connectivity, and numerous enterprises in and around the area, Koramangala is a popular residential hub — luxury residential homes, flats on building floors, villas, and low-rise multi-story apartments are available for homebuyers and renters. Koramangala is popular among the young working population as it is close to many tech parks and co-working spaces and home to many restaurants, pubs, and cafes.

The average per square feet rate in Kormangla is Rs. 11600/-, and 1 BHK rentals start from Rs. 15000/-.

5. Jayanagar

An education and commercial hub, Jayanagar is an upscale neighbourhood located in South Bangalore. An old community, Jayanagar has developed into of the most affluent areas in the city. It primarily comprises single-family homes and multi-story apartments. It is well-connected to the rest of the city through the ORR (Outer Ring Road), Bannerghatta, and Kanakapura Roads. Situated close to Bengaluru City Junction’s train station, it has excellent access to the metro system via the Jayanagar Metro Station on the Green Line of Namma Metro.

Jayanagar’s average per square foot rate is Rs. 11500/-, and rentals start at Rs. 15,000.

6. Malleswaram

One of the best areas to stay in Bangalore for working professionals and students. An old neighbourhood, Malleswaram, is situated on the north-west side of the city, and it got its name from the famous Kaadu Malleswara Temple. This community comprises low-rise old houses, new villas, and luxurious high-rise apartments. With Orion Mall, World Trade Center, Mantri Square Mall, and many other commercial centres, it also houses offices of multiple fortune 500 companies. Columbia Asia, Manipal Hospital, and Narayana Super Specialty Hospital are among the many good healthcare centres available here.

The average per square feet rate in Malleswaram is Rs. 11600/-, and 1 BHK rentals start at Rs. 15000/-.

7. Rajaji Nagar

Another old suburb of Bangalore, Rajaji Nagar is well known for its markets, temples, educational institutes, and great connectivity. Multiple popular shopping complexes like GT world Mall, Lulu Hypermarket, and excellent healthcare facilities like Fortis Hospital and Vasan Eye Care Hospital are in Rajaji Nagar. This neighbourhood is close to Malleshwaram, and many professionals working in Malleswaram prefer staying here.

The average per square feet rate in Rajaji Nagar is Rs. 14000/-, and 1 BHK rentals start from Rs. 12000/-.

8. Ulsoor

Centrally located, the best area to live in Bangalore for families is Ulsoor, close to HAL, Domlur, MG Road, Indira Nagar, and many other popular neighbourhoods. The area is perfect for peaceful living in an old setting with the picturesque Ulsoor Lake and ancient temples. Also known as Halasuru, many corporate and leisure travellers and people moving to Bangalore for work tend to prefer this neighbourhood. Filled with small cafes, restaurants, and shopping complexes like 1 MG, Ulsoor provides excellent entertainment options for its residents and luxurious apartments by well-known developers. Apart from individual office buildings, there are tech parks like the RMZ Millenia and the Bagmane Tech Park.

The average per square feet rate in Ulsoor is Rs. 14000/- and 1 BHK rentals start from Rs. 10000/- onwards.

9. Bellandur

Strategically located close to ORR, Sarjapur Road, and Iblur Junction, Benlandur is one of the most expensive areas in Bangalore. A neighbourhood in the south-east of Bengaluru, Bellandur is a significant residential hub with several completed and ongoing apartment projects. Connecting southern and eastern Bengaluru through Iblur Junction, Belandur is close to HSR Layout, BTM Layout, Sarjapur Road, Koramangala, Domlur, Kadubeesanahalli, and HAL. Bellandur is a significant information technology (IT) hub with excellent connections to ORR, Electronic City, Whitefield, and other notable IT centres. As a result, it is a popular place for IT professionals to live.

The average per square feet rate in Belandur is Rs. 8000/- and 1 BHK rentals begin at Rs. 15,000/-.

10. HSR Layout

One of the most expensive areas in Bangalore, HSR Layout is one of the newly developed neighbourhoods in the city’s south-east area. HSR Layout has experienced a sharp rise in residential housing due to its proximity to Koramangala, Hosur Road, and other nearby business sectors. It offers a variety of independent homes and apartments, is one of the most popular residential areas, and provides every amenity required for luxury living. This neighbourhood has some of the best hospitals, cafes, restaurants, clubs, tree-lined roads, and much more. Home to many start-up businesses, HSR Layout is a well-liked location for young, single individuals.

The average per square feet rate in HSR Layout is Rs. 7000/- and 1B HK rentals start from Rs.10000/-. 

Apart from the above-mentioned posh localities in Bangalore, it has multiple other neighbourhoods that have grown tremendously over the past few decades. There are various areas where rental and property prices are pretty high due to their proximity to a tech zone, a commercial centre, or a transport hub. 

Some of the richest areas in Bangalore follow:

Frazer Town – An upscale neighbourhood, Frazer Town is a residential and business hub. Centrally located close to popular spots like Ulsoor, Indiranagar, HAL, Banaswadi, and others, this neighbourhood is the preferred place for many business and corporate travellers. Frazer Town has many renowned educational institutions, including Holy Angels School, Goodwill Christian College For Women, Dr. B.R.Ambedkar Medical College, and St.Joseph’s Convent Girls High School, to name a few. 

Banashankari – One of Bangalore’s most prominent residential areas, Banashankari is in the city’s south. Also known as BSK, this place is popular among students, working professionals, and other executives. Sharing apartments, rentals, and PGs are common in this area, and most high-rises provide luxurious amenities. One of the main factors luring the working population to BSK is its location and connectivity to the IT centres. Various commercial and recreational sectors in the area also contribute to an increase in the cost of real estate here.

Whitefield – One of the most prominent IT and tech hubs, founded in Bangalore in the late 1800s. However, this area underwent drastic change and growth once Bangalore’s IT industry launched in the late 1900s. One of Bangalore’s upscale neighbourhoods, Whitefield has numerous tech parks and multiple shopping centres. It predominantly comprises luxurious high-rise apartments and residential complexes.

Electronic City – Emerging as one of the famous, posh areas in Bangalore, Electronic City is Bangalore’s well-known IT hub. It is divided into 4 phases, comprising an 800-acre well-planned neighbourhood with more than 200 company offices. From fortune 500 companies like TCS, Wipro, HCL, and Infosys to home-grown start-ups, most IT service providers have offices here. The neighbourhood’s commute system is well-connected with the rest of the city. As top company professionals prefer to live near their workplaces, Electronic City has grown significantly in providing residential apartments. 

Conclusion

Bangalore is popular among working professionals because of its warm and welcoming locals, pleasant weather throughout the year, and excellent career opportunities. Especially for IT professionals, Bangalore is the place to be. The city also hosts multiple music fests and other public events. Finding a place to stay in Bangalore is relatively easy and quick. However, extensively research before you decide to move to any locality. Many areas in Bangalore are student and bachelor friendly, while some neighbourhoods suit families. 

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