Electronic City Phase I, Bangalore

( Electronic City , )

About Electronic City Phase I


The story of Bengaluru’s Electronic City began when the first ever Chairman and Managing Director of Karnataka State Electronics Corporation decided to invest in a land parcel on the outskirts of the city to build an electronics hub. Phase I of this project was developed over an expanse of 332 acres as early as 1978. The authorities of both Karnataka Industrial Area Development Board (KIADB) and Karnataka State Electronics Development Corporation Limited (KEONICS) were equally involved in the birth and further growth of this influential IT hub of the city.


Electronic City lies in the southernmost outskirts of Bengaluru. Phase I lies right next to the Hosur Road, sandwiched between Phase II on its east and Phase III on its west. It consists mostly of retail hubs of electronic goods and services, with large land parcels dedicated to IT-SEZs. The development has been so extensive that the IT industry in Electronic City Phase I is completely saturated.

Electronic City Phase I Location

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Real Estate Market Trends in Electronic City Phase I, Bangalore

Property Rates

₹ 3767 / sq. ft.

Average selling price

₹ 15640 / month

Average rent for a 2BHK

-0.7% / year

Estimated Sale Price Appreciation

Property Type and Project Status Distribution in Electronic City Phase I, Bangalore

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