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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.

Old Airport Road is an established residential and commercial stretch in eastern Bangalore, bordering Indiranagar, Domlur, and Murugeshpalya. The pin code of Old Airport Road is 560017. This area has a quiet residential character home to defense personnel and tech professionals, featuring the iconic HAL Heritage Centre. Families here send children to Air Force School and access healthcare at Manipal Hospital. Indiranagar Metro Station on the Purple Line is the nearest transit point located 2.5 km away. Suranjandas Road links the area to Krishnarajapuram Railway Station, which is a 25-minute drive. The 2026 average property rate ranges from Rs. 9,000 to Rs. 14,000 per sq ft for premium apartments, driven by employment hubs nearby.
As of August 22, 2026, the property rate in Old Airport Road ranges between Rs. 9,000 to Rs. 14,000 per square foot for apartments.
| Locality | Property Price per sq ft* |
|---|---|
| Old Airport Road bangalore | Rs. 9,000 to Rs. 14,000 |
*The property rate is subject to change.
As of August 22, 2026, the rental cost in Old Airport Road is between Rs. 15,000 and Rs. 55,000 monthly for 1 to 3 BHK apartments.
| Configuration | Average Rental Rate* |
|---|---|
| 1 BHK for rent | Rs. 15,000 to Rs. 22,000 |
| 2 BHK for rent | Rs. 25,000 to Rs. 35,000 |
| 3 BHK for rent | Rs. 40,000 to Rs. 55,000 |
*The rental rate is subject to change.
Real estate values along this major corridor show distinct market movements. Buyer prices range from Rs. 9,000 to Rs. 14,000 per sq ft, reflecting a recent market correction of -12.5% in the past year. Despite this short-term dip, long-term capital appreciation remains strong with a cumulative growth rate of 66.4% over three years. Meanwhile, the rental market remains highly stable, with monthly rents ranging from Rs. 15,000 to Rs. 50,000. Rental values have grown steadily, showing a 5.9% increase this year, driven by consistent demand from professionals working in nearby business parks. (* As of August 22, 2026)
Here are some of the important landmarks holding historical and cultural importance:
Manipal Hospital is a prominent landmark in Old Airport Road. Some more include:
Old Airport Road is well-connected through Suranjandas Road and the following roads:
Indiranagar Metro Station on the Purple Line is the closest public transit option, located 2.5 km away. Some more include:
The nearest railway station and airport are Krishnarajapuram Railway Station, which is located 8 km away, and others:
Old Airport Road is well-equipped with numerous top educational institutions, such as Air Force School ASTE and Kendriya Vidyalaya NAL, along with:
Some reputed healthcare places near Old Airport Road include Manipal Hospital, and others:
You can access Kemp Fort Mall and Market Square Mall easily from Old Airport Road bangalore. Some more include:
These localities are located around Old Airport Road:
Here are some of the major employment centres near Old Airport Road:
The popular landmarks within Old Airport Road are:


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Success comes from the desire to do extraordinary things to reach beyond the status quo and relentlessly chase your dreams. At Paranjape we don’t just build homes but believe in creating a happy vibrant community. We have over 190 top of the line projects completed in the past 30 years with a strong presence in both Residential and Commercial sectors. We are pioneers in developing housing projects for senior citizens in the country, under our Athashri brand as we feel we understand seniors' needs. Hence, we aspire to deliver not just a home with construction of walls but a light of hope, dreams and the happiness of a family.
