Grade A office rents in Bangalore range from ₹150–245 per sq ft in the CBD to ₹60–95 in the airport belt. The ₹97 city average applies to almost no real lease. Here is the corridor-level read.
TL;DR: As of the latest Knight Frank data for the second half of 2025, Grade A office rents in Bangalore range from roughly ₹150–245 per sq ft per month in the CBD down to ₹60–95 per sq ft per month in North Bangalore's airport belt, with the Outer Ring Road at ₹105–130 and Whitefield at ₹65–89. The CBD is the most expensive corridor and the fastest-rising, up 16% year on year, while the Outer Ring Road still absorbs the most space, taking 44% of the city's office leasing in H2 2025. City-wide vacancy sits between 7.8% (Cushman & Wakefield, Q1 2026) and 12.8% (Knight Frank, 2025) depending on how each firm defines the market, and the single biggest mistake occupiers make is benchmarking to the ₹97 city-average rent instead of the sub-market they will actually sign in.
Office space for rent in Bangalore is not priced at one number. It is priced at six, one for each business district, and the gap between the top and bottom is more than 3x. A company comparing "the rent in Bangalore" is comparing an average that applies to almost no real lease. This guide gives the actual quoted Grade A rent for each major corridor, the direction each is moving, and how to read the numbers as an occupier or an investor. Every figure below carries its source and its data period. For lease structure itself, our commercial leasing advisory handles the corridor-to-contract steps this guide does not cover.
The numbers below are quoted Grade A warm-shell rents in rupees per square foot per month, before Common Area Maintenance (CAM) and taxes. Source: Knight Frank, India Real Estate H2 2025 (data period July–December 2025), business-district rental table for Bengaluru. Rents are indicative and subject to change.
| Corridor (Knight Frank district) | What it covers | Grade A rent (₹/sq ft/month) | Rent change (12 mo) | Share of H2 2025 leasing |
|---|---|---|---|---|
| CBD & Off-CBD | MG Road, Lavelle Road, Residency Road, Richmond Road, Cunningham Road, Infantry Road | ₹150–245 | +16% | 3% |
| SBD (context) | Indiranagar, Koramangala, Old Airport Road, Old Madras Road | ₹125–190 | +13% | 11% |
| Outer Ring Road (ORR) | Hebbal ORR, Marathahalli ORR, Sarjapur Road ORR | ₹105–130 | +4% | 44% |
| Whitefield (PBD East) | Whitefield, ITPL, Brookefield belt | ₹65–89 | +3% | 15% |
| North Bangalore (PBD North) | Thanisandra, Yelahanka, Devanahalli/airport belt | ₹60–95 | +3% | 17% |
| PBD South (context) | Electronic City, Bannerghatta Road | ₹68–87 | +7% | 11% |
The quoted rent is warm-shell, base rent only. The number a tenant actually pays is higher, and the components matter when comparing corridors.
Common Area Maintenance (CAM) is charged over and above base rent for lobbies, lifts, security, and building services. In premium CBD buildings, CAM alone runs ₹15–30 per sq ft per month (Sadhwani Real Estate Holdings, commercial leasing desk). On a CBD lease that adds a meaningful premium on top of the ₹150–245 base.
The loading factor is the second variable. Carpet area is the usable space inside your walls; super built-up area adds a proportionate share of common areas. In Bangalore commercial buildings the loading factor typically runs 25–35% (Sadhwani Real Estate Holdings). A rent quoted on a super built-up area is effectively higher per usable square foot than the same rent quoted on carpet, so two "identical" quotes are rarely identical.
For the full breakdown of lock-in, escalation, deposits and the clauses that move the effective rent, see our commercial leasing FAQ on what corporates check before signing. This piece stays on rent by location.
Bangalore's Central Business District, MG Road, Lavelle Road, Residency Road, Richmond Road, is the most expensive office corridor in the city by a wide margin, and in H2 2025 it was also the fastest-rising, up 16% year on year (Knight Frank, H2 2025). That confirms a forecast JLL made in early 2025, when it projected CBD rents would rise the most of any Bangalore sub-market at 6–7% a year through 2026 (JLL, via Real Estate Asia, February 2025). The actual move was more than double that.
The mechanism is scarcity, not fashion. The CBD has almost no new supply, it took just 3% of the city's office leasing in H2 2025, and the few refurbished Grade A floors that do exist are bid up by headquarters functions, BFSI, consulting, and luxury retail brands that need the address. When supply is fixed and demand is inelastic, price does the adjusting. The same pattern shows up in the capital-values data for Lavelle Road and Vittal Mallya Road, Bangalore's most expensive addresses.
The CBD is where a boardroom address is the product. Occupiers who lease here are not optimising cost per seat. They are buying proximity, prestige, and a signal. That is a legitimate strategy, but it should be a conscious one, not an accident of starting the search downtown.
The Outer Ring Road is where Bangalore actually works. It absorbed 44% of the city's office leasing in H2 2025, more than every other corridor combined, at rents of ₹105–130 per sq ft per month, up 4% year on year (Knight Frank, H2 2025). Cushman & Wakefield confirms the pattern into 2026, reporting that ORR "continued to dominate leasing activity" in Q1 2026, supported by the Peripheral East belt (Cushman & Wakefield, Bengaluru MarketBeat, Q1 2026).
ORR is the enterprise heartland: the Bellandur–Marathahalli–Sarjapur stretch of IT parks that houses the Global Capability Centres driving India's office demand. One of the largest deals of H2 2025 was Dell's roughly 0.7 million sq ft transaction on ORR (Knight Frank, H2 2025), the kind of anchor lease that keeps the corridor tight.
Here is the part occupiers underweight. The ₹105–130 rent does not fully price in the operational cost of ORR's congestion. Peak-hour movement on the corridor is among the slowest in the city, and that shows up as attrition, lost hours, and harder hiring, none of which appear on the rent line. My view is that ORR is priced as if the commute were free. It is not. For a large occupier the corridor is often still the right answer because of the ecosystem, but the decision should net the congestion cost against the headline rent, not ignore it.
The apparent paradox, largest corridor yet mid-priced rent, resolves through supply. Whitefield has room to build, so new stock keeps rent growth moderate even as leasing stays strong. Its share of city leasing actually fell from 29% to 15% between H2 2024 and H2 2025 (Knight Frank), not because demand weakened but because North Bangalore and ORR pulled a larger share of the new deals. For a cost-conscious occupier that wants Grade A quality and scale without CBD or ORR pricing, Whitefield is the value corridor of the four.
North Bangalore is the cheapest of the four headline corridors on paper, ₹60–95 per sq ft per month for the Thanisandra–Yelahanka–Devanahalli airport belt (Knight Frank PBD North, H2 2025), and it is the corridor whose leasing share is climbing fastest. PBD North took 17% of Bangalore's office leasing in H2 2025, up from just 3% a year earlier (Knight Frank). No other corridor moved that fast.
There is a definitional trap here that a rent table alone hides. "North Bangalore" splits across two of Knight Frank's districts. Hebbal, the most established northern node, sits inside the ORR district and prices at ORR rates of ₹105–130. The airport belt further north, Thanisandra, Yelahanka, Devanahalli, is the PBD North district at ₹60–95. So a company saying it wants "North Bangalore" could be quoting either band depending on exactly where it lands. Knowing which side of that line a building falls on is worth ₹30–50 per sq ft.
The driver is infrastructure. The airport belt is being re-rated by the upcoming airport-metro Blue Line and sustained development around Kempegowda International Airport. In the residential market the same shift is already visible: North Bangalore overtook East Bangalore in both launches and sales for the first time in H2 2025 (Knight Frank). Office demand tends to follow talent and housing. My read is that North Bangalore is where ORR was a decade ago, cheaper today, but on the steepest part of the curve. That is also the logic behind owning one asset in the CBD and one in North Bangalore: one corridor for durability, one for the growth curve.
The most quoted number in Bangalore office leasing, the ₹97 city average, is the least useful. It sits between corridors that differ by more than 3x. No occupier signs a lease at the average, and no landlord quotes it. Benchmarking to it produces two errors: a CBD-bound tenant thinks the market is cheap and gets sticker shock, and a North Bangalore tenant overpays because "the city average is ₹97, so ₹95 is a deal."
The correct benchmark is always the sub-market, and inside the sub-market, the specific building grade and loading. This is the single discipline that separates an informed occupier from an overpaying one, and it is the reason a corridor-level table like the one above is worth more than any citywide headline.
Four forces explain why rents rose across every corridor.
Record demand. JLL reported that Bengaluru posted its best-ever annual net absorption in 2025 and took the largest single share of India's record 57.0 million sq ft of net absorption, at 29.7% (JLL, India Office Market Dynamics Q4 2025). Knight Frank recorded 28.7 million sq ft of gross office transactions in Bengaluru in 2025, up 59% year on year (Knight Frank, H2 2025). The methodologies differ, but the direction is identical.
A flight to Grade A. Grade A space accounted for 97% of Bangalore's office leasing in 2025, up from 94% in 2024 (Knight Frank). Occupiers are paying up for quality, which pulls the average rent higher independent of any corridor moving.
GCC concentration. Global Capability Centres accounted for 48% of Bangalore's office leasing in Q1 2026 (Cushman & Wakefield). GCCs and large IT occupiers pre-commit to space before it is built, which tightens availability ahead of delivery and squeezes the smaller occupier looking for ready office space for rent in Bangalore.
A supply crunch that is only now easing. Only 2.1 million sq ft of new supply completed in Bengaluru in H1 2025 before a rebound to 14.1 million sq ft in H2 (Knight Frank). Cushman & Wakefield puts city vacancy at 7.8% in Q1 2026, a level tight enough to keep landlord pricing power intact. Knight Frank's wider market definition puts 2025 vacancy at 12.8%. Both are low by global standards, where major US hubs exceed 20%.
For an occupier, the sequence is: fix the corridor to your talent and commute reality first, then benchmark rent inside that corridor, then adjust for CAM and loading before comparing quotes. A ₹70 Whitefield quote and a ₹95 North Bangalore quote are not comparable until loading and CAM are normalised. Startups and small teams chasing sub-2,000 sq ft space will find the tightest availability, since GCC pre-commitments absorb the large, ready floors first.
For an investor buying a pre-leased or strata office, the corridor sets the yield-and-risk profile. Grade A Bangalore office broadly yields 6–9% gross depending on tenant quality, lock-in, and vacancy risk (Sadhwani Real Estate Holdings; consistent with market range). The CBD offers the tightest yields and the most durable rent; North Bangalore offers higher potential appreciation with more vacancy risk in newer PBD North stock. Match the corridor to the mandate.
If a specific building or project is involved, verify its K-RERA registration on the Karnataka RERA portal before any commitment, and confirm the exact carpet-to-super-built-up loading in writing.
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