Adarsh Bellahalli Price — Rates, Cost Breakdown and Investment Analysis
Adarsh Bellahalli is indicatively priced at ₹10,900 – ₹12,600 per sq ft, giving a band of roughly ₹1.25 Cr for a 2 BHK to ₹3.05 Cr for a 4 BHK at base cost. Formal pricing is released at the Q3 2026 launch alongside the Karnataka RERA registration. Address Maker Apollo is useful for the affordability lens because the real decision usually comes down to all-in cost, payment schedule, floor preference, and how much contingency the buyer keeps aside.
Market context — what Bellahalli actually costs
| Reference | Rate |
|---|---|
| Bellahalli locality average (99acres, Aug 2026) | ₹11,400 – ₹13,050 /sq ft, average ~₹12,000 |
| Bellahalli average (NoBroker) | ~₹11,950 /sq ft |
| Bellahalli average (Aurum PropTech Pulse) | ~₹10,749 /sq ft |
| Year-on-year change | ~0.0 – 0.4% |
| Ten-year change | +39.5% |
| Three-year change, 2 BHK segment | +112.6% |
Live branded comparables in the immediate pocket:
| Project | Developer | Scale | Configurations | Rate |
|---|---|---|---|---|
| Sobha Dream Gardens | Sobha | 17 acres, 10 towers, 1,780 units, 2B+G+17 | 1 BHK 679–752 sq ft; 2 BHK 1,004–1,059 sq ft | ₹11,873 – ₹13,717 /sq ft (₹80.5 L – ₹1.53 Cr) |
| Godrej Woods | Godrej Properties | 7 acres, 558 units | 2 & 3 BHK, 1,193–2,305 sq ft | from ₹1.62 Cr ≈ ₹13,580 /sq ft |
| Adarsh Greens Ph 1 & 2 | Adarsh Developers | Kogilu Main Road | 1 & 2 BHK | ₹35.57 L – ₹1.36 Cr |
Branded new product in Bellahalli and Kogilu therefore transacts between roughly ₹11,900 and ₹14,400 per sq ft. An indicative ₹10,900 – ₹12,600 for a Q3 2026 pre-launch is entry pricing rather than a stretch: pre-launch rates in this market typically open eight to twelve per cent below the eventual branded launch rate and close the gap over the build period.
Configuration-wise pricing
| Configuration | Super built-up | Indicative rate | Base price | Incl. GST, stamp duty and registration |
|---|---|---|---|---|
| 2 BHK | 1,150 sq ft | ₹10,900 /sq ft | ₹1.25 Cr | ₹1.40 Cr |
| 2 BHK | 1,320 sq ft | ₹11,400 /sq ft | ₹1.50 Cr | ₹1.68 Cr |
| 3 BHK | 1,540 sq ft | ₹11,300 /sq ft | ₹1.74 Cr | ₹1.94 Cr |
| 3 BHK | 1,820 sq ft | ₹11,800 /sq ft | ₹2.15 Cr | ₹2.40 Cr |
| 4 BHK | 2,180 sq ft | ₹12,000 /sq ft | ₹2.62 Cr | ₹2.92 Cr |
| 4 BHK | 2,450 sq ft | ₹12,450 /sq ft | ₹3.05 Cr | ₹3.41 Cr |
Rates step up with configuration size. That is standard and it has a reason: larger units carry a higher proportion of external wall, corner position and balcony per square foot, and in this micro-market they are the scarcer product.
Full cost breakdown — a worked 2 BHK
Headline rates never describe what a buyer actually writes cheques for. Worked below, a 1,150 sq ft 2 BHK at ₹10,900 per sq ft.
| Line item | Basis | Amount |
|---|---|---|
| Base price | 1,150 sq ft × ₹10,900 | ₹1,25,35,000 |
| Floor rise / preferential location | ~2% average | ₹2,50,000 |
| Covered car park (1) | Lump sum | ₹4,00,000 |
| Club membership | One-time | ₹2,00,000 |
| BWSSB, KEB and infrastructure charges | ~₹200 /sq ft | ₹2,30,000 |
| Agreement value | ₹1,36,15,000 | |
| GST | 5% of agreement value, under-construction, no ITC | ₹6,80,750 |
| Stamp duty | 5% + cess and surcharge ≈ 5.65% (Karnataka, above ₹45 L) | ₹7,69,248 |
| Registration | 1% | ₹1,36,150 |
| Legal and documentation | Indicative | ₹40,000 |
| Maintenance corpus / sinking fund | ~₹100 /sq ft, one-time | ₹1,15,000 |
| Advance maintenance | 12 months at ~₹4 /sq ft/month | ₹55,200 |
| Total outlay before fit-out | ₹1,54,11,348 | |
| Fit-out and interiors | ₹1,200 – ₹2,500 /sq ft | ₹13.8 L – ₹28.8 L |
The headline-to-total gap is roughly 23%. A buyer budgeting from the ₹1.25 Cr headline and arriving at ₹1.54 Cr before a single piece of furniture is the most common financing surprise in the Bengaluru market. Budget from the total, not the headline.
Payment plans
Three structures are typically offered on a project of this profile. Which one is right depends entirely on whether you are funding from cash or from a loan.
Construction-linked plan (CLP). Payments track construction milestones — booking amount, agreement, foundation, each slab, finishing, handover. This is the default and the safest for the buyer: money is released against work actually completed, so exposure grows in step with the asset. Expect roughly 10% at booking, 20% on agreement, and the balance across slab milestones.
Down-payment plan. 90–95% paid within thirty to sixty days of booking, in exchange for a discount typically running 6–9% on the base rate. On a ₹1.25 Cr 2 BHK that is ₹7.5 L to ₹11 L saved. It is the best-value plan and the highest-risk one: the buyer's full capital sits in a pre-launch project for five years. It suits cash buyers with a high tolerance for developer risk and a very high level of confidence in the RERA registration.
Flexi / subvention. A larger portion paid early (typically 40–50%) for a smaller discount, with the balance construction-linked. A middle position.
For a first-time or loan-funded buyer, take the CLP. The discount on a down-payment plan is real, but it is compensation for accepting risk that a construction-linked schedule leaves with the developer.
Home loan guidance
RBI norms cap the loan-to-value ratio at 75% for property values above ₹75 lakh, which covers every configuration here. That materially changes the upfront requirement.
Worked on the 1,150 sq ft 2 BHK:
| Item | Amount |
|---|---|
| Agreement value | ₹1,36,15,000 |
| Maximum loan at 75% LTV | ₹1,02,11,250 |
| Down payment from own funds | ₹34,03,750 |
| Plus GST, stamp duty, registration, legal, corpus (not loan-fundable) | ₹17,96,348 |
| Total own funds required | ₹52,00,098 |
Statutory charges are not loan-fundable. A buyer who plans for a 25% down payment and nothing else will be roughly ₹18 lakh short at registration.
EMI reference at 8.5% over 20 years: approximately ₹86,780 per month per ₹1 crore of loan.
| Configuration | Base price | Indicative loan at 75% LTV | Indicative EMI (8.5%, 20 yr) |
|---|---|---|---|
| 2 BHK, 1,150 sq ft | ₹1.25 Cr | ~₹1.02 Cr | ~₹88,600 |
| 3 BHK, 1,540 sq ft | ₹1.74 Cr | ~₹1.41 Cr | ~₹1,22,400 |
| 4 BHK, 2,180 sq ft | ₹2.62 Cr | ~₹2.12 Cr | ~₹1,83,900 |
Most lenders want the EMI at or under 50% of net monthly income. On that basis the 2 BHK needs roughly ₹1.8 lakh a month of household income, the 3 BHK about ₹2.5 lakh, and the 4 BHK about ₹3.7 lakh.
Note that a construction-linked plan means the loan disburses in tranches, and until full disbursement the borrower pays pre-EMI interest on the drawn amount only. Full EMI begins at final disbursement. Some lenders offer full-EMI-from-day-one, which reduces total interest paid — worth asking for.
Rental yield
Bellahalli's rental market is anchored by Manyata Tech Park at nine kilometres and by REVA University at one. That combination gives an unusually deep tenant pool: IT and BFSI professionals for the larger units, faculty and staff for the mid-sized ones.
| Configuration | Indicative monthly rent | Annual rent | On total outlay | Gross yield |
|---|---|---|---|---|
| 2 BHK, 1,150 sq ft | ₹26,000 – ₹32,000 | ₹3.12 L – ₹3.84 L | ₹1.54 Cr | 2.0% – 2.5% |
| 3 BHK, 1,540 sq ft | ₹36,000 – ₹45,000 | ₹4.32 L – ₹5.40 L | ₹2.12 Cr | 2.0% – 2.5% |
| 4 BHK, 2,180 sq ft | ₹55,000 – ₹70,000 | ₹6.60 L – ₹8.40 L | ₹3.18 Cr | 2.1% – 2.6% |
Net yield after maintenance, property tax, vacancy and periodic refurbishment typically runs 0.6 to 0.9 percentage points below gross.
Three scenarios for the 2 BHK:
- Conservative — ₹26,000 rent, one month vacancy a year, 2.0% gross, 1.3% net. The asset does not pay for itself; the return is entirely capital appreciation.
- Moderate — ₹29,000 rent, full occupancy, 2.3% gross, 1.6% net. Rent covers maintenance, property tax and roughly a third of the EMI interest.
- Optimistic (post-metro) — ₹36,000 rent following Blue Line commissioning, 2.8% gross, 2.1% net. Metro-adjacent rentals in Bengaluru have historically re-rated 15–25% within two years of a station opening.
Be clear about what this asset is. At 2.0–2.6% gross, Bengaluru apartments do not compete with fixed income on yield. A fixed deposit returns 6.5–7.5% with no vacancy risk and full liquidity. The case for the apartment is capital appreciation plus leverage: a 75% loan means a 5% annual price rise is a 20% return on the equity deployed. Anyone buying primarily for rental income is buying the wrong asset class.
Yield comparison
| Asset | Indicative annual return | Liquidity | Leverage | Effort |
|---|---|---|---|---|
| Bank fixed deposit | 6.5 – 7.5% | High | None | None |
| Debt mutual fund | 6.5 – 8% | High | None | Low |
| Nifty 50 index (long-run average) | 11 – 13% | High | None | Low |
| Listed REIT | 6 – 8% distribution + capital | High | None | Low |
| This apartment — rental only | 2.0 – 2.6% gross | Low | Up to 75% LTV | Moderate |
| This apartment — rental + 5% appreciation | ~7 – 7.6% unlevered; ~20%+ on equity at 75% LTV | Low | Up to 75% LTV | Moderate |
The apartment case rests entirely on the second line. Leverage is the mechanism — no other retail asset class in India lets an individual borrow 75% at 8.5% against it.
Capital appreciation
Bellahalli has returned 39.5% over ten years, with the 2 BHK segment up 112.6% over three. The last twelve months have been flat, at 0.0–0.4%.
A plateau after a strong run is what a market looks like when it has priced in the story and is waiting on delivery. Here the delivery in question is the Blue Line metro, and specifically the Yelahanka (Kogilu Cross) station 4.5 km from the site. Phase 2A targets late 2026 with depot connectivity a known risk; Phase 2B, the airport extension, targets December 2027.
Three drivers over a five-to-seven-year hold:
- Metro commissioning. Historically the single largest step-change in Bengaluru micro-market value. A station at 4.5 km is close enough to count and far enough that the site avoids the noise and the immediate-vicinity congestion.
- Manyata's continued expansion at 9 km. An established employment base, not a speculative one, and the demand floor under every rental in this pocket.
- Configuration scarcity. Large-format supply in Bellahalli is thin. If the pocket's demographic keeps maturing — which is what a decade of 1 and 2 BHK absorption produces — the 3 and 4 BHK tiers should outperform the locality average.
Against that: the entry is into a plateau, the pocket is mid-development, and Bengaluru metro timelines have slipped before. A realistic base case is 5–7% compound over the hold, with the upside case dependent on metro delivery landing near schedule.
Investor profiles
The end-user upgrader. Currently in a 2 BHK in Bellahalli, Thanisandra or Yelahanka; needs a third or fourth bedroom; does not want to change school or commute. This project is aimed squarely at this buyer, and for them the 3 BHK at 1,540–1,820 sq ft is the configuration.
The Manyata professional buying a first home. 2 BHK at 1,150–1,320 sq ft, CLP payment plan, 75% loan. Buying a commute as much as a home.
The multi-generational household. 4 BHK with the maid's room. Priced out of the equivalent in Hebbal by fifteen to twenty per cent; this is the arbitrage.
The long-hold investor. Buying the metro gap on a five-to-seven-year view, funded with maximum leverage, accepting a sub-3% yield in exchange for appreciation on borrowed money. Should be honest that the first three years will be cash-negative.
Who this is not for: anyone who needs the asset to generate income from day one, anyone who may need liquidity inside three years, and anyone who cannot absorb a twelve-month slip in the March 2031 handover.
Pricing status
Every figure on this page is an estimate derived from the locality's transacted rates and its live branded comparables. The information sheet for this project carries no pricing. The binding numbers — the price list, the payment schedule, the car-park and club charges, the corpus — are issued at launch with the Karnataka RERA registration. Register your interest to receive the cost sheet as soon as it is published. Before treating any quoted number as affordable, TVS Emerald Rayasandra helps keep the Bengaluru shortlist tied to total commitment rather than the cleanest-looking base price.
Adarsh Bellahalli Pricing — frequently asked questions
Next step for Adarsh Bellahalli
Adarsh Bellahalli launches in Q3 2026. Pre-launch registrations receive the configuration and pricing sheet ahead of the public release, priority on floor and unit selection, and direct notification when the Karnataka RERA registration is published.