Bengaluru, the Silicon Valley of India, is a city that seamlessly blends tradition with modernity, making it a coveted destination for homebuyers. The city's residential real estate market is diverse, with various submarkets catering to different segments of buyers. From the bustling IT corridors of Whitefield and Electronic City to the upscale neighborhoods of South Bengaluru and the emerging pockets of North Bengaluru, each submarket has its unique charm and appeal. Understanding the nuances of these residential submarkets is crucial for homebuyers, investors, and developers alike, as it helps them make informed decisions and capitalize on the city's growth story. In this article, we'll explore the key residential submarkets of Bengaluru, highlighting their strengths, weaknesses, and growth prospects.

The average capital value of the city (holistically) has seen progressive growth.

Let us look at specific hotspots that possesses the characteristics of being preferred locations for homebuyers and investors

1. Bellary Road: Including micro locations like Yelahanka, Devanahalli, Hennur, Thannisandra Road, Bellary Road came into play due to the international airport. Apartments in Bellary Road are futuristic and smart establishments catering to the dense population of the office and tech parks emerging along the Kempegowda International Airport (KIA).

Launches (Last 10 years)	90,135
Absorptions (Last 10 years)	85,304
Price Range (INR/sq. ft.)	5,000 to 14,000

2. Hosur Road: Including micro locations like Sarjapur Road and Electronic City evolving with the growth of office and tech growth along Outer Ring Road (ORR). The campus developments around here are initiated by big firms like Infosys ensuring a safe ecosystem for infrastructure and residential emergence.

Launches (Last 10 years)	98,857
Absorptions (Last 10 years)	98,099
Price Range (INR/sq. ft.)	5,000 to 14,000

3. Whitefield: One of the newer developing markets in the city, Whitefield is one of the most popular residential submarkets. It houses some of the key IT firms and the younger demography prefers to buy homes along Whitefield Main Road. This market also enjoys the spillover effect of the ORR (which is the most popular office submarket in the city). The submarket includes Kadugodi and Chennasandra

Launches (Last 10 years)	103,336
Absorptions (Last 10 years)	107,630
Price Range (INR/sq. ft.)	5,000 to 13,000

4. Prime City: The heritage landmark of Bangalore with older houses owned by families as a legacy for generations. This is the oldest residential submarket with luxury apartments that are abundantly available.

Launches (Last 10 years)	3,124
Absorptions (Last 10 years)	2,836
Price Range (INR/sq. ft.)	18,000 to 32,000

5. Kanakapura Road: This is one of the older submarkets in the city which has come up due to the development of metro rail line in a linear pattern

Launches (Last 10 years)	18,654
Absorptions (Last 10 years)	20,060
Price Range (INR/sq. ft.)	5,500 to 12,000

6. Tumkur Road: Geographically placed in the northwest of the city, Tumkur Road is close to industrial establishments in locations like Peenya and the upcoming office market of Yeshwanthpur. These factors result is increasing demand from the servicemen and workers majorly looking for mid segment or affordable housing.

Launches (Last 10 years)	10,475
Absorptions (Last 10 years)	13,726
Price Range (INR/sq. ft.)	5,500 to 12,000

7. Mysore Road: Like Kanakapura Road, this submarket developed due to the metro rail line as well. This submarket is closer to the traditional housing markets of the city which dominate the western parts.

Launches (Last 10 years)	14,282
Absorptions (Last 10 years)	15,307
Price Range (INR/sq. ft.)	5,000 to 9,000

8. Secondary: Densely populated with government officials of DRDO, HAL, BHEL, etc., this residential submarket saw a high concentration due to the family’s preference to be in such exclusive colonies. This location houses aristocrats and bureaucrats.

Launches (Last 10 years)	14,571
Absorptions (Last 10 years)	17,267
Price Range (INR/sq. ft.)	12,000 to 22,000

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