What is the cost of Apartments and Plots in Shettigere?
Shettigere, a top residential and commercial locality of North Bangalore, offers premium apartment options. The cost of apartments per sq. ft. here ranges from Rs. 7200/ sq. ft. that goes upto Rs. 13,031/ sq. ft. The plots here are offered at Rs. 7200/ sq. ft. These prices also depend on their sizes and location. The top builders like Godrej, Birla, and Tata have launched several new projects in the area, offering affordable apartments and plots.
The apartment prices usually range from Rs. 75 Lakhs to Rs. 2.52 crore. The price depends on the size of the flat and whether it is a 2 BHK or 3 BHK.
Residential plots cost between Rs. 44.42 lakhs to Rs. 2.25 crore. The price or cost changes based on the size of the plot, location, and whether it is a villa plot or not.
Shettigere is a high-end area offering all types of residential options for buyers of all types. The present property prices here are 7200/ sq. ft., and in the coming year, it is expected to rise. The rental yield is also high, which has touched 4% since last year. Till 2023, the rental yield was 2% but the development of the area has caused its property prices to rise.
Shettigere is very close to the airport, which makes it a popular area. Property prices are going up fast because it has good connectivity and basic facilities. It is also close to IT parks and important areas like Devanahalli.
The residential units are offered at various costs depending on their usage and other factors. The division of the cost of apartments and plots is given below:
- 1 BHK: Rs. 75 Lakhs to 90 Lakhs
- 2 BHK: Rs. 1.13 Cr - Rs. 1.98 Cr
- 3 BHK: Rs. 1.49 Cr - Rs. 2.52 Cr
- Average price per sq ft: Rs. 7.2 - 13.31 K/sq.ft
- Residential Plots: Rs. 44.42 Lacs - Rs. 2.25 Cr
- Villa Plots: Rs. 8,000 to Rs. 12,000 per sq. ft
- Location within Shettigere: Properties that are closer to Kempegowda Airport, NH 44, and the Airport Expressway. This usually has higher prices. Homes near schools, hospitals, shopping malls, and tech parks also cost more. Locations near the future metro stations at Airport City and Doddajala attract more buyers and lead to higher property rates.
- Size of the Plot or Apartment: Larger plots or bigger apartments like 2 and 3 BHK, or villa plots, come with higher price tags. The price increases with the size of the property.
- Construction Quality and Amenities: Properties built by trusted builders like Godrej, Tata, and Birla are generally more expensive. These properties comprise modern facilities like clubhouses, swimming pools, parks, and security. People prefer these gated communities with green spaces and luxury amenities.
- Ready-to-Move or Under-Construction Properties: Ready-to-move homes are more expensive. This is because buyers can shift immediately. Under-construction homes are cheaper at first, but prices rise as construction nears completion.
- Infrastructure Development: Areas connected to Namma Metro Blue Line (Phase 2B), Peripheral Ring Road (PRR), and Satellite Town Ring Road (STRR) see quick price growth. These projects improve roads and transport, which helps increase property values.
- Demand and Supply: In 2025, Shettigere is seeing high demand because of:
- Proximity to the airport
- Good green surroundings
- Future job opportunities in places like Devanahalli Business Park and Aerospace Park
