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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.

Basavanagudi is an old residential locality situated in the southern part of Bangalore, bordering Jayanagar and Chamrajpet. The pin code of Basavanagudi is 560004. This heritage neighbourhood houses traditional families and features the historic Bull Temple and Bugle Rock Park. Residents frequently send their children to National College and visit Sri Shankara Cancer Hospital for medical needs. National College Metro Station on the Green Line is the closest transit point, located just 1 km away. Bull Temple Road and KR Road connect the area, making KSR Bengaluru Railway Station reachable in 20 minutes. In 2026, average property rates range from Rs. 12,000 to Rs. 19,000 per sq ft, dominated by independent houses.
As of August 22, 2026, the property rate in Basavanagudi ranges between Rs. 12,000 to Rs. 19,000 per square foot for apartments.
| Locality | Property Price per sq ft* |
|---|---|
| Basavanagudi bangalore | Rs. 12,000 to Rs. 19,000 |
As of August 22, 2026, the rental cost in Basavanagudi is between Rs. 13,000 and Rs. 50,000 monthly for 1 to 3 BHK apartments.
| Configuration | Average Rental Rate* |
|---|---|
| 1 BHK for rent | Rs. 13,000 to Rs. 18,000 |
| 2 BHK for rent | Rs. 22,000 to Rs. 32,000 |
| 3 BHK for rent | Rs. 35,000 to Rs. 50,000 |
Property values in this heritage neighbourhood show steady growth due to limited land and high residential demand. Buyer prices range from Rs. 12,000 to Rs. 19,000 per sq ft, showing 9.1% appreciation this year. The rental market remains strong, with monthly rates ranging from Rs. 13,000 to Rs. 50,000 based on size. Rental values have grown by 6.7% over the last twelve months, driven by students and working professionals. This consistent demand makes the area highly sought after by buyers and tenants seeking traditional living spaces. (* As of August 22, 2026)
Here are some of the important landmarks holding historical and cultural importance:
National College is a prominent landmark in Basavanagudi. Some more include:
Basavanagudi is well-connected through Bull Temple Road and the following roads:
National College Metro Station on the Green Line is the closest public transit option, located 1 km away. Some more include:
The nearest railway station and airport are KSR Bengaluru City Railway Station, which is located 5 km away, and others:
Basavanagudi is well-equipped with numerous top educational institutions, such as BMS College of Engineering and National Degree College, along with:
Some reputed healthcare places near Basavanagudi include Sri Shankara Cancer Hospital & Research Centre, and others:
You can access BDA Complex Banashankari and Gopalan Promenade Mall easily from Basavanagudi bangalore. Some more include:
These localities are located around Basavanagudi:
Here are some of the major employment centres near Basavanagudi:
The popular landmarks within Basavanagudi are:


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NR Greenwood Constructions is an offspring of the NR Group– A pioneer in the space of industrial production, construction and marketing since over four decades. It was started with the single objective of creating homes with a thoughtful blend of pristine architecture, space and natural beauty. Their journey, from a modest start-up to one of Bangalore’s leading Real Estate companies, has been on the bandwagon of quality. Their unwavering commitment to quality and insatiable obsession with innovation has led them to create some of the finest residential landmarks in the city. Their mission is to be the preferred choice among buyers and to continue delighting their customers by creating quality residential spaces through constant innovation. They aim to achieve the highest possible standards of excellence while establishing themselves as the largest Real Estate company in Bangalore.
