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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.

Basavanagara is a quiet residential suburb in East Bangalore bordering Vignan Nagar, Kaggadasapura, and Vibhuthipura. The pin code of Basavanagara is 560037. This peaceful neighbourhood is home to defense personnel and IT professionals, located close to the HAL Heritage Centre and Aerospace Museum. Families here send children to National Public School Vibhuthipura and visit Chinmaya Mission Hospital for medical needs. Swami Vivekananda Road Metro Station on the Purple Line is the nearest metro station at 5 km away. Outer Ring Road and Basavanagara Main Road link residents to Krishnarajapuram Railway Station in 20 minutes. Property rates in 2026 average Rs. 7,000 to Rs. 9,500 per sq ft for mid-rise apartments, driven by demand from nearby tech corridors.
| Locality | Property Price per sq ft* |
|---|---|
| Basavanagara bangalore | Rs. 7,000 to Rs. 9,500 |
| Configuration | Average Rental Rate* |
|---|---|
| 1 BHK for rent | Rs. 15,000 to Rs. 18,000 |
| 2 BHK for rent | Rs. 20,000 to Rs. 25,000 |
| 3 BHK for rent | Rs. 28,000 to Rs. 32,000 |
Property values in Basavanagara show steady growth due to being close to major employment hubs. The buyer market experienced a strong 19.0% appreciation in property prices over the past year, bringing average purchase rates to Rs. 7,000 to Rs. 9,500 per sq ft. Meanwhile, the rental market has stabilized with a 0.0% growth rate this year, keeping monthly rents between Rs. 15,000 and Rs. 32,000 depending on the property size. This stabilization makes it an attractive option for tenants seeking budget-friendly housing near commercial zones. Demand remains high for both apartments and independent floors. (* As of August 22, 2026)
Here are some of the important landmarks holding historical and cultural importance:
Vibhuthipura Lake is a prominent landmark in Basavanagara. Some more include:
Basavanagara is well-connected through Basavanagara 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:
Basavanagara is well-equipped with numerous top educational institutions, such as National Public School Vibhuthipura and Sri Sri Ravishankar Vidya Mandir, along with:
Some reputed healthcare places near Basavanagara include Chinmaya Mission Hospital, and others:
You can access Gopalan Grand Mall and Phoenix Marketcity easily from Basavanagara bangalore. Some more include:
These localities are located around Basavanagara:
Here are some of the major employment centres near Basavanagara:
The popular landmarks within Basavanagara are:


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The Godrej Group was established in 1897 out of a desire to demonstrate economic self-sufficiency and excellence within India in the pre-independence decades. From safes that withstood fires better than international competitors', to one of the world's first soaps from vegetable oil, and the ballot boxes for independent India's first general election, the group has a proud tradition of making meaningful products and building businesses that serve the country's interests. We have always focused on people and the planet along with the profits. Approximately 23% of the promoter stake in the Godrej Group, is owned by philanthropic trusts that work on environmental, educational, and health care issues in India. We are also bringing together our passion and purpose to make a difference through our Good & Green strategy of shared values to create a more employable Indian workforce, build a greener India and innovate for ‘Good' and ‘Green' products.
