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The Real Estate (Regulation and Development) Act, 2016 is Act of the Parliament of India which seeks to protect buyers as well as help boost investments in the real estate industry. The Act came into force from 1 May 2016.

Garvebhavi Palya is a developing residential area in south Bangalore. It borders Bommanahalli, HSR Layout, and Kudlu Gate. The pin code of Garvebhavi Palya is 560068. This industrial-cum-residential neighbourhood primarily houses working professionals and factory employees, featuring landmarks like Novel Tech Park. Residents frequently send children to MS Dhoni Global School and visit Prashanth Hospital for medical needs. Bommanahalli Metro Station on the Yellow Line is the nearest transit point, located 1.5 km away. Hosur Road links the area to KSR Bengaluru Railway Station, which is a 45-minute drive. The 2026 average property rate ranges from Rs. 6,000 to Rs. 9,000 per sq ft. Independent houses and mid-rise apartments dominate the market due to nearby employment hubs.
| Locality | Property Price per sq ft* |
|---|---|
| Garvebhavi Palya bangalore | Rs. 6,000 to Rs. 9,000 |
| Configuration | Average Rental Rate* |
|---|---|
| 1 BHK for rent | Rs. 10,000 to Rs. 13,000 |
| 2 BHK for rent | Rs. 15,000 to Rs. 18,000 |
| 3 BHK for rent | Rs. 20,000 to Rs. 25,000 |
Garvebhavi Palya has emerged as a key residential hub in south Bangalore due to its closeness to major IT corridors. Property values experienced a significant rise of 52.3% in 2025, followed by a correction of -10.4% in 2026, bringing the average buying rate to Rs. 6,000 to Rs. 9,000 per sq ft. The rental market remained stable with 0.0% growth in 2026 after a massive 33.3% hike in 2025. Monthly rents now range from Rs. 10,000 to Rs. 25,000 depending on the configuration. This price stabilization makes the locality highly attractive for budget-conscious buyers and tenants. (* As of August 22, 2026)
Here are some of the important landmarks holding historical and cultural importance:
Novel Tech Park is a prominent landmark in Garvebhavi Palya. Some more include:
Garvebhavi Palya is well-connected through Hosur Road and the following roads:
Bommanahalli Metro Station on the Yellow Line is the closest public transit option, located 1.5 km away. Some more include:
The nearest railway station and airport are KSR Bengaluru Railway Station, which is located 16 km away, and others:
Garvebhavi Palya is well-equipped with numerous top educational institutions, such as MS Dhoni Global School and The Oxford College of Engineering, along with:
Some reputed healthcare places near Garvebhavi Palya include Prashanth Hospital, and others:
You can access Market Square Mall Sarjapur Road and Forum Mall Koramangala easily from Garvebhavi Palya bangalore. Some more include:
These localities are located around Garvebhavi Palya:
Here are some of the major employment centres near Garvebhavi Palya:
The popular landmarks within Garvebhavi Palya are:


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