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How Much Is Commercial Rent Per Square Foot in Bangalore?

The average commercial rent per square foot in Bangalore usually ranges between ₹40 to ₹250+ per sq ft per month depending on the location, building grade, connectivity, and type of commercial space. Prime business districts like Whitefield, Outer Ring Road (ORR), MG Road, and Koramangala generally command higher rentals, while emerging areas offer comparatively lower rental costs.

What Does Commercial Rent Per Square Foot Mean?

Commercial rent per square foot refers to the monthly rental cost charged for every square foot of office, retail, showroom, or commercial property space.

For example:

  • If the rent is ₹100 per sq ft
  • And the office size is 2,000 sq ft

Then the monthly rent would be:

₹100 × 2,000 = ₹2,00,000 per month

This pricing method is commonly used for:

  • Office spaces
  • Retail shops
  • Showrooms
  • Warehouses
  • Commercial buildings

Average Commercial Rent Per Square Foot in Bangalore

Here’s a general overview of commercial rental rates across major Bangalore business locations:

Area

Approx Rent Per Sq Ft

Whitefield

₹70 – ₹140

Outer Ring Road (ORR)

₹80 – ₹180

MG Road

₹120 – ₹250+

Koramangala

₹70 – ₹150

Electronic City

₹45 – ₹90

Hebbal

₹60 – ₹130

Indiranagar

₹90 – ₹180

HSR Layout

₹60 – ₹140

The final commercial space rent per square foot depends on:

  • Building quality (Grade A or B)
  • Furnishing and interiors
  • Metro connectivity
  • Parking availability
  • Floor level and visibility
  • Power backup and amenities

Why Commercial Rent Per Square Foot Varies in Bangalore

Bangalore’s commercial real estate market is driven by IT parks, startups, GCCs, and corporate demand. Areas near metro stations, tech parks, and major roads usually see higher rental appreciation.

For example:

  • ORR and Whitefield attract IT and GCC companies
  • MG Road and Indiranagar suit premium retail and corporate offices
  • Electronic City offers affordable office rentals for startups and SMEs

This is why businesses compare commercial rent per square foot in Bangalore before finalizing office space.

Factors That Influence Commercial Rental Rates

  • Location Advantage: Commercial spaces near metro stations, highways, and IT corridors usually have higher demand.

  • Building Grade: Grade A office spaces with premium amenities command higher rents.

  • Furnishing: Fully furnished offices generally cost more per square foot. 

  • Demand & Supply: High-demand business zones often witness rental increases every year.

  • Infrastructure Growth: Upcoming metro lines and road projects directly impact commercial property rents.

Understanding commercial rent per square foot helps businesses estimate office costs more accurately before leasing a property. In Bangalore, rental prices vary widely based on locality, infrastructure, and office quality. Before finalizing any commercial property, businesses should compare rental trends, calculate total occupancy costs, and evaluate long-term business advantages of the location.

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