Central Bengaluru

Property in MG Road, Bengaluruprices, phases & buying guide

Asking / sqft₹15,000–₹22,000quoted range
Guidance floor₹19,500lowest street rate
Rental yield2.8%gross, per year
12-month trend+6%asking prices

MG Road sits in central Bengaluru, where asking prices run ₹15,000–₹22,000 per square foot depending on the block and the age of the stock. Gross rental yield works out at about 2.8% a year, and quoted prices have moved up roughly 6% over the last twelve months. Transit: Purple Line — MG Road. The employment draw is CBD — you are here and Cubbon Park.

Open MG Road on the map →Live listings, RERA projects, metro, lakes and road quality all draw there.

Phases and blocks in MG Road

Indicative rates are the locality band scaled by how each pocket actually trades — the spread inside a locality is routinely wider than the spread between neighbouring ones.

Phase / blockIndicative ₹ / sqftCharacter
Brigade Rd Belt₹15,750–₹23,100Retail heart, scarce new units
Church St Belt₹15,000–₹22,000Boutique residences

Government guidance values

The guidance value is the floor a sale can legally be registered at, and stamp duty is charged on the higher of it and the sale price. A quote below it is not a bargain — it is a number that cannot appear on the deed.

StreetGuidance ₹ / sqftSource
MG Road (Trinity to Anil Kumble Circle)₹21,000Kaveri guidance value 2024 (approx.)
Brigade Road₹19,500Kaveri guidance value 2024 (approx.)

What the atlas carries in MG Road

These 6 records are illustrative sample data — 2 apartments, 2 commercial units, 1 independent house and 1 villa, priced from the real band and guidance values above but not describing properties actually on sale. 2 of them quote a Karnataka RERA registration number. The live listings and RERA project records load on the map, which is where anything you would act on lives.

MG Road property FAQ

What is the price per sqft in MG Road?

Asking prices in MG Road run ₹15,000–₹22,000 per square foot, with the mid-band around ₹18,500. The government guidance value — the floor a sale can legally be registered at — starts at ₹19,500 per square foot here, so a quote below that is a red flag, not a bargain.

Which are the phases and blocks of MG Road?

MG Road is mapped in 2 pockets: Brigade Rd Belt (₹15,750–₹23,100/sqft, retail heart, scarce new units) and Church St Belt (₹15,000–₹22,000/sqft, boutique residences). Prices inside a locality vary more between these than between neighbouring localities.

Is MG Road RERA-covered?

RERA registration attaches to a project, never to a locality, so “MG Road is RERA approved” is not a statement that can be true. Of the 6 sample listings the atlas carries in MG Road, 2 quote a Karnataka RERA registration number. Verify any number you are given on rera.karnataka.gov.in before you pay anything — the atlas's badge is derived from published lists that go stale.

What is the rental yield in MG Road?

Gross rental yield in MG Road is about 2.8% a year. On a 1,000 sqft flat bought at the mid-band (₹1,85,00,000), that is roughly ₹43,167 a month before maintenance, property tax and vacancy — which typically take a fifth of it.

How far is the metro from MG Road?

Purple Line — MG Road. Distances on the atlas are straight-line from the locality centre; open the map and switch on the metro layer to see the actual stations and lines.

Nearby in central Bengaluru

Every figure on this page is read from the atlas's own dataset at build time. All 35 localities · where the data comes from · advertise in MG Road. Indicative only, never advice: verify RERA registration, khata and title before you pay anything.