As mentioned in our last update, we are pleased to share some of the market statistics, in terms of pricing. Especially in the current times, we feel such information is of paramount importance to evaluate/ gauge and take informed decisions. For those who are looking forward to access and understand how a location is relevant to the type of business, this can be truly helpful.
Please find the location based price range below
Whitefield /ITPL : Rs 50-100
Outer Ring Road : ( Bellandur – Marathahalli – Banaswadi – HRBR – Hebbal ) : Rs 50 – 160
Marathahalli / Kundanahalli/ AECS Layout: Rs 35 – 80
HSR Layout : Rs 40-100
Koramangala : Rs 40-130
Indiranagar : Rs 50-100
Jeevan bhimanagar : Rs 35-60
CBD (MG Road, Residency riad, Lavelle Rd , Brigade Road ) : Rs 90-180
Cunningham Road: Rs 60-100
JP Nagar/ Jaynagar / BTM Layout: Rs 40-80
Electronic City: Rs 40-90
Yelahanka : Rs 35-60
The pricing range is given keeping in mind that spaces can be chosen from various formats like : Bare shell, Warm shell , Furnished and Managed offices.
Further to this, some for the factors deciding the price points are as follows::
- Demand of Commercial Space in the area
- Building Elevation
- Floor Efficiency
- Concentration of type of clientele / Talent Pool / Locality
- Approach and Accessibility ( Public transport, Metro, Airport , Hotels )
- Facilities and Amenities
- Whether the building has plan sanction
- Parking Availability ( In the building and Nearby )
- SEZ / Non SEZ
- Whether the building has ( OC )Occupancy Certificate or not
Note : Like any business or market there could always be exceptions, which is not factored in.
In case, there is any specific area which is not featured in the list mentioned above, feel free to reach out and we would be more than happy to assist you.
Ideal Space Solutions (Your Caring and trusted Real Estate Consultant) is always by your side.
Author: Ideal Space Solutions is a Caring Real Estate Agency in Bangalore. We provide commercial office space in Bangalore for rent, Plug and Play office space in Bangalore, Co-working Space, Retail Space and Warehousing Space in Bangalore.
Saji George
A self motivated professional with over 26 years of progressive experience in effectively building and managing a business Unit. Proven track record in breathing life and efficiency into the business operations handled across geographies, states. Specialties: Effective Start ups , Key Account Management and Distribution, Process oriented and Systems Build up to bring effectiveness and efficiency in the operation,