Richmond Town Real Estate 2026 — Price, Trends & Fair Value
Richmond Town is a central Bangalore micro-market tracked monthly by the Propvidhi Index across 1/2/3 BHK configurations.
Propvidhi Index — Richmond Town
Configuration & Pricing
| Configuration | Price Range | Indicative ₹/sqft |
|---|---|---|
| 1 BHK | ₹77 L – ₹98 L | ₹14,230 |
| 2 BHK | ₹134 L – ₹179 L | ₹14,230 |
| 3 BHK | ₹199 L – ₹276 L | ₹14,230 |
Investment Outlook
Steady growth in line with the Bangalore Index.
Richmond Town sits in Central Bangalore with an indicative rental yield of 3.3%. The Propvidhi Index uses a closed-transaction methodology, so the Fair Value of any unit can be checked against the micro-market median rather than a builder's asking price. Figures shown here are computed estimates pending live data.
Richmond Town price trend
Indicative eight-quarter trajectory, back-computed from the current Index value and the 2.6% year-on-year rate — not historical transaction records.
Rent in Richmond Town
| Configuration | Indicative Monthly Rent | Rental Yield |
|---|---|---|
| 1 BHK | ₹21,000 – ₹27,000 | 3.3% |
| 2 BHK | ₹37,000 – ₹49,000 | 3.3% |
| 3 BHK | ₹54,500 – ₹76,000 | 3.3% |
Indicative monthly rent derived from the price range and rental yield — an estimate, not a verified rental listing.
Connectivity & employment
Central Bangalore is the premium, supply-constrained core of the city.
Richmond Town sits in Central Bangalore, within reach of the MG Road central business district, UB City, and the traditional commercial core. The corridor is served by the Purple and Green metro interchange at Majestic and the CBD arterial roads.
Richmond Town by configuration
Nearby Micro-markets
Side-by-side comparisons
Frequently Asked Questions
What is the current property price in Richmond Town?
The Propvidhi Index median price in Richmond Town is ₹14,230 per sqft as of 2026, a rise of 0.3% quarter-on-quarter and 2.6% year-on-year.
Is Richmond Town good for investment?
Steady growth in line with the Bangalore Index. Rental yields in Richmond Town average 3.3%, an indicative figure computed from a closed-transaction methodology rather than asking prices.
What is the price of a 2 BHK in Richmond Town?
A 2 BHK in Richmond Town typically ranges from ₹134 L to ₹179 L based on current Index data.
What is the rent for a 2 BHK in Richmond Town?
A 2 BHK in Richmond Town carries an indicative monthly rent of about ₹37,000 – ₹49,000, derived from the price range and the 3.3% rental yield — an estimate, not a verified rental listing.
How is the Richmond Town Fair Value calculated?
Propvidhi computes Fair Value by indexing each unit's price against the Richmond Town micro-market median and adjusting for floor, configuration, and builder Trust Score.