The Central Business District of Bangalore comprising MG Road, Brigades, Lavelle Road, Vittal Mallya Road and Commercial Street are in huge demand. Indian and Foreign realty firms are wooing current land owners with unseen money in the past.Here are the commercial Lease/Rental rates for retailing, Banking and other established commercial activity in Bangalore's commerical district.
M G Road Rs200-250/SFT/Month
Brigade Road Rs225-Rs300/SFT/Month
Vittal Mallya and Lavelle Road Rs175-Rs250/SFT/Month
Commercial Street - Rs200-Rs250/SFT/Month
Other Areas
Airport Road Rs50-Rs75/SFT/Month
Outer Ring Road Rs100-Rs150/SFT/Month
Kormangala Rs100-Rs150/SFT/Month Kormangala is earthquake prone.
IndiraNagar Rs150-Rs200/SFT/Month
Jaynagar Rs125-Rs150/SFT/Month
Once UB City is completed, prices are likely to shoot up on Vittal Mallya Road as well. If you are looking for commercial real estate in Bangalore, then blindly BUY in the central business districts as they will be very well connected with Metro Rail and will be at par with any downtown in the world.
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