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.
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:
Then the monthly rent would be:
₹100 × 2,000 = ₹2,00,000 per month
This pricing method is commonly used for:
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:
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:
This is why businesses compare commercial rent per square foot in Bangalore before finalizing office space.
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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