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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.

Basavanagar is a residential neighborhood in East Bangalore, bordered by Vibhutipura, Vignan Nagar, and Marathahalli. The pin code of Basavanagar is 560037. The area has a quiet residential character, home to many defense personnel and IT professionals. Vibhutipura Lake is a prominent landmark here. Residents send children to National Public School and visit Chinmaya Mission Hospital for healthcare. The nearest metro station is Swami Vivekananda Road on the Purple Line, located 5 km away. Key roads include Basavanagar Main Road, leading to Krishnarajapuram Railway Station in 20 minutes. The 2026 average property rate ranges from Rs. 7,500 to Rs. 9,500 per sq ft. Mid-rise apartments dominate the market, driven by access to nearby IT corridors.
As of August 22, 2026, the property rate in Basavanagar ranges between Rs. 7,500 to Rs. 9,500 per square foot for apartments.
| Locality | Property Price per sq ft* |
|---|---|
| Basavanagar bangalore | Rs. 7,500 to Rs. 9,500 |
*The property rate is subject to change.
As of August 22, 2026, the rental cost in Basavanagar is between Rs. 16,000 and Rs. 32,000 monthly for 1 to 3 BHK apartments.
| Configuration | Average Rental Rate* |
|---|---|
| 1 BHK for rent | Rs. 16,000 to Rs. 18,000 |
| 2 BHK for rent | Rs. 20,000 to Rs. 24,000 |
| 3 BHK for rent | Rs. 28,000 to Rs. 32,000 |
*The rental rate is subject to change.
Property values in this micro-market have shown strong upward movement recently. Buyer demand has driven a 19.0% capital appreciation over the past year. Average purchase rates now range between Rs. 7,500 and Rs. 9,500 per sq ft. This growth is supported by the upcoming Namma Metro Blue Line along the Outer Ring Road. Conversely, the rental market has stabilized, showing 0.0% growth over the last twelve months. Monthly rental rates for residential apartments currently range from Rs. 16,000 to Rs. 32,000. This makes it a preferred choice for budget-conscious tenants working in nearby IT corridors. (* As of August 22, 2026)
Here are some of the important landmarks holding historical and cultural importance:
Vibhutipura Lake is a prominent landmark in Basavanagar. Some more include:
Basavanagar is well-connected through Basavanagar Main Road and the following roads:
Swami Vivekananda Road Metro Station on the Purple Line is the closest public transit option, located 5 km away. Some more include:
The nearest railway station and airport are Krishnarajapuram Railway Station, which is located 6.5 km away, and others:
Basavanagar is well-equipped with numerous top educational institutions, such as National Public School, Vibhuthipura (HAL) and Sri Sri Ravishankar Vidya Mandir (SSRVM), Vignan Nagar, Bangalore, along with:
Some reputed healthcare places near Basavanagar include Chinmaya Mission Hospital, and others:
You can access Gopalan Signature Mall and Phoenix Marketcity easily from Basavanagar bangalore. Some more include:
These localities are located around Basavanagar:
Here are some of the major employment centres near Basavanagar:
The popular landmarks within Basavanagar are:


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Fortuna Constructions India Pvt Ltd has been been one of the most premium real estate developer in India since its inception. It has firmly established itself as one of the leading and successful developers of real estate in India by imprinting its mark across all the classes. With years of market experience and a rich bag of clients, it has provided its customers a rich living experience with the best housing infrastructure.
