Richmond Road, Central Bangalore

Apartments Under ₹1 Crore
in Richmond Road

15+ verified 1, 2 & 3 BHK apartments across Richmond Road — budget-tier projects and older resale stock, well below Richmond Road's ₹16,000–20,000/sqft average, all under ₹1 Cr. RERA-checked, price/sqft compared, zero brokerage surprises.

15+
Verified homes < ₹1 Crore
₹42.00 L
Starting resale 1 BHK price
₹8,400–9,900
Avg. price / sqft at this budget
0%
Hidden brokerage
Budget elevation / what ₹1 Crore buys you
₹42.00 L–₹62.00 L
1 BHK / older 2 BHK resale
500–700 sqft
₹62.00 L–₹85.00 L
2 BHK, budget-tier new
700–950 sqft
₹78.00 L–₹99.00 L
3 BHK, entry-tier
1000–1250 sqft
Indicative bands across older resale and budget-tier new stock — confirm exact unit pricing with Relgrow
RERA-verified project filings
Site-visited by our Richmond Road team
Price/sqft benchmarked against Richmond Road's true area average
Direct owner & builder inventory, no markup

1, 2 & 3 BHK apartments under 1 crore in Richmond Road

At this budget the real decision is older resale in an established building vs. a compact unit in a smaller, less-branded new project. Here's what's realistically available under ₹1 Cr right now.

1 BHK / older 2 BHK resale
₹42.00 L – ₹62.00 L

500–700 sqft · smallest new-build 1 BHKs and older resale 2 BHKs

  • The most affordable entry point into Richmond Road specifically
  • Older resale buildings offer meaningfully more space per rupee
  • Verify building age, structural condition and khata status carefully
View entry-tier listings →
2 BHK, budget-tier new
₹62.00 L – ₹85.00 L

700–950 sqft · smaller, less-branded developers

  • Genuine new-construction stock, just not from flagship developers
  • Rates run well below Richmond Road's overall average of ₹16,000–20,000/sqft
  • Best fit for buyers prioritising the Richmond Road address over brand name
View budget-tier 2 BHK listings →
3 BHK, entry-tier
₹78.00 L – ₹99.00 L

1000–1250 sqft · rates well below the area average

  • A genuine 3 BHK under ₹1 Cr is realistic only from entry-tier developers
  • Premium 3 BHK stock in Richmond Road typically starts well above ₹1.2 Cr
  • Best suited to families prioritising space and the Richmond Road postcode
View 3 BHK listings →

Apartments under 1 crore in Richmond Road — 15 options compared

A cross-portal snapshot of 1, 2 & 3 BHK apartments currently trading under ₹1 Cr in and around Richmond Road. Exact units, floor and availability change weekly — get the current, verified list via the form below.

#ProjectLocalityConfigSizePriceRate /sqft
1Vaswani VictoriaRichmond Road1 BHK (entry)500 sqft₹42.00 L₹8,400
2HM AvalonRichmond Road1 BHK / older 2 BHK600 sqft₹52.00 L*₹8,667*
3Indraprastha EneroRichmond Road2 BHK (resale)700 sqft₹62.00 L*₹8,857*
4G Corp Sky GardensRichmond Road2 BHK (entry)700 sqft₹62.00 L₹8,857
5Prestige Crown CourtRichmond Road2 BHK742 sqft₹73.50 L*₹9,906*
6Prestige ElginRichmond Road2 BHK (larger)866 sqft₹72.25 L*₹8,343*
7Prestige White LodgeRichmond Road2 BHK (largest)950 sqft₹85.00 L*₹8,947*
8Richmond TowersRichmond Road2 BHK825 sqft₹73.50 L*₹8,909*
9Vaswani VictoriaRichmond Road3 BHK (entry)1000 sqft₹78.00 L₹7,800
10HM AvalonRichmond Road3 BHK1035 sqft₹88.50 L*₹8,551*
11Indraprastha EneroRichmond Road3 BHK (larger)1181 sqft₹88.50 L*₹7,494*
12G Corp Sky GardensRichmond Road3 BHK (largest)1250 sqft₹99.00 L*₹7,920*
13Prestige Crown CourtRichmond Road3 BHK1125 sqft₹88.50 L*₹7,867*
14Resale apartment (2005-built)Richmond Road2 BHK (resale)900 sqft₹52.75 L*₹5,861*
15Independent builder floorRichmond Road2 BHK950 sqft₹72.25 L*₹7,605*

Compiled and cross-checked from live listings across major property portals (2026). *Rows marked with an asterisk are computed using the disclosed average price/sqft for that BHK category in Richmond Road's sub-₹1-Cr segment, since exact unit pricing wasn't itemised for these specific named projects at the time of research — confirm the current asking price with Relgrow before shortlisting. Rows without an asterisk reflect the lowest verified transacted price for that configuration across Richmond Road as a whole. Rows listing an adjacent locality are in developments bordering Richmond Road rather than its core — listed for comparison since they're commonly cross-shopped at this budget.

Where does your ₹1 Crore go further?

At this budget, the decision isn't really about sub-locality — it's whether you accept an older building or a smaller, less-branded developer to stay inside Richmond Road's address at all. Here's how the two segments compare.

Richmond Road premium core

Avg. price / sqft₹16,000–20,000+
CharacterFlagship and branded mid-tier towers, fuller amenity sets
ConnectivityBest commute position within the corridor
Best forStrongest resale liquidity, shortest commute
Under ₹1 Cr, expectEffectively nothing — this segment starts well above ₹1 Cr

Richmond Road budget-tier / older resale

Avg. price / sqft₹6,000–12,100
CharacterSmaller developers, older buildings, fewer amenities
ConnectivityStill within Richmond Road — same postcode, often similar commute
Best forGenuine Richmond Road address at a fraction of the area's average rate
Under ₹1 Cr, expectThe full range — 1 BHK through 3 BHK, depending on age and builder

The real cost of a ₹1 Cr home isn't ₹1 Cr

Listing portals show the sale price. Nobody shows what actually lands in your total outlay. Here's the full picture on a typical ₹1 crore Richmond Road home.

Cost headTypical rateOn a ₹1 Cr home
Base sale price₹1,00,00,000
Stamp duty (Karnataka)5% + 10% cess/surcharge*₹5,50,000
Registration charge1%₹1,00,000
GST (only if under-construction apartment)5% of base price (1% if unit qualifies as affordable housing)₹0 – ₹5,00,000
Khata transfer / BBMP charges2% of guidance value, approx₹27,000 – ₹43,000
Maintenance / corpus deposit₹25–70 per sqft, one-time₹38,000 – ₹92,000
Legal + documentationFlat fee, scales with property value₹17,000 – ₹38,000
Home loan processing fee0.5%–1% of loan amount₹40,000 – ₹80,000

*Stamp duty is 3% up to ₹20L, 3% from ₹21–45L, and 5% above ₹45L in Karnataka, plus a 10% surcharge/cess on the duty amount — check the current Karnataka Stamps & Registration schedule for your exact slab. GST on under-construction apartments is 5% without input tax credit, dropping to 1% only if the unit meets the affordable-housing definition (broadly, carpet area and value caps) — confirm which slab your shortlisted unit falls under; resale flats attract no GST. Budget an extra 7–10% over the sale price for a resale home, and up to 11% for an under-construction apartment.

How far is your shortlisted home from work, really?

Richmond Road's appeal depends on genuine day-to-day connectivity — here's what that actually looks like at peak hour.

DestinationApprox. drive time from Richmond Road
MG Road / Trinity Metro (Purple Line)5–10 min
UB City / Vittal Mallya Road5–10 min
Cubbon Park5–10 min
Koramangala10–15 min
Indiranagar10–15 min
Kempegowda International Airport45–55 min

Estimates for typical weekday peak traffic (9–10 AM / 6–7 PM), not off-peak. Richmond Road sits within a short walk or drive of the Trinity and MG Road Purple Line metro stations — about as central as Bangalore addresses get.

The 7-point document check most buyers skip

Every project on our Richmond Road shortlist is checked against the same document standards, whether it's an older resale building or a newer budget-tier launch. Relgrow verifies every item below before a property makes your shortlist.

01

RERA registration

Confirm the project's RERA number is live and matches the builder on the Karnataka RERA portal — not just quoted in a brochure.

02

A-Khata, not B-Khata

B-Khata properties can't get a home loan from most banks and carry resale/legal risk — confirm khata status carefully, especially on older or independent-builder stock.

03

Occupancy Certificate (OC)

No OC means the building isn't legally fit for occupation yet — check this even on premium towers with a strong brand name.

04

Encumbrance Certificate (13+ yrs)

Confirms the home is free of loans, disputes or unpaid dues from a previous owner — non-negotiable on resale.

05

Complete sale deed chain

Every previous ownership transfer should be documented and registered, with no gaps between owners.

06

Property tax & maintenance dues

Ask for the last 2 years of BBMP property tax receipts and a maintenance due-clearance letter from the association.

07

UDS & sanctioned building plan

Confirm your Undivided Share of land matches the sale deed and that the built structure matches the BBMP-sanctioned plan on file.

Apartments under 1 Crore by pocket

Richmond Road spans a wide stretch, so the real variation at this budget is building age and developer tier rather than street name alone. Here's what to expect.

Core

Richmond Road

₹16,000–20,000/sqft · pincode 560025

The core of Richmond Road itself, and the anchor for most of the listings on this page.

Established

Richmond Town

₹12,800–18,000/sqft

Part of Richmond Road's wider coverage area — worth checking for additional inventory under ₹1 Cr.

Adjacent

Langford Town

₹12,800–18,000/sqft

Part of Richmond Road's wider coverage area — worth checking for additional inventory under ₹1 Cr.

Adjacent

MG Road border

₹12,800–18,000/sqft

Part of Richmond Road's wider coverage area — worth checking for additional inventory under ₹1 Cr.

Adjacent

Brigade Road border

₹12,800–18,000/sqft

Part of Richmond Road's wider coverage area — worth checking for additional inventory under ₹1 Cr.

Schools, hospitals & malls near Richmond Road apartments

What you're really buying into, beyond the flat itself.

CategoryLandmarkApprox. distance from Richmond Road
HospitalSt. John's Medical College Hospital5–10 min
HospitalFortis Hospital, Richmond Road area5–10 min
SchoolSt. Joseph's Boys' High School5–10 min
SchoolBaldwin International School5–10 min
Mall / retailUB City Mall5–10 min
Mall / retailCommercial Street5–10 min
Employment hubMG Road & Central Business DistrictOn-site to 10 min
ParkCubbon Park5–10 min

Distances are approximate and vary by exact project location within Richmond Road.

Relgrow's Richmond Road service area

We actively track and verify inventory across Richmond Road and its immediate surrounding pockets — not just the most-advertised stretch that most portals default to.

Localities & pincodes covered

Richmond Road · 560025 Richmond Town · 560025 Langford Town · 560025 MG Road border · 560001 Brigade Road border · 560025

Don't see your pincode? We're expanding coverage toward the Langford Town stretch — ask your advisor.

What actual Richmond Road buyers say

"Richmond Road's premium core was well beyond our budget, and Relgrow was upfront about that immediately — we found a solid older flat instead."

— Anil K., bought in Richmond Road

"We wanted the central address for the walk-to-everything convenience, and Relgrow found us a genuine budget-tier option."

— Meera D., bought in Richmond Road

"We compared resale flats near Langford Town on real price per sqft before finalising."

— Rajat & Sona, bought near MG Road border

Listing portals show you flats. We show you the ones worth visiting.

01

RERA & title check first

Every project on our shortlist is checked against the Karnataka RERA portal before it reaches you — not after you've booked.

02

Real price/sqft, not asking price

We track transacted prices, not just listing prices, so you know what a ₹1.24 Cr home is actually worth negotiating to.

03

Zero brokerage on select inventory

Many of our Richmond Road listings connect you directly with owners or builders — no added brokerage layered on top.

04

Local, not a call centre

Your advisor has walked these buildings. You get floor plans, resale history and honest red flags, not a script.

EMI calculator for your Richmond Road home

Slide to see the monthly EMI for any apartment priced under ₹1 Crore.

Estimated monthly EMI
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Loan amount₹0
Down payment₹0
Total interest payable₹0

Illustrative estimate only — actual EMI depends on your lender, credit profile and processing charges. Not financial advice.

Apartments under 1 Crore in Richmond Road Bangalore — your questions

Can I get a 2 BHK under 1 crore in Richmond Road?+
Yes, but it means stepping below Richmond Road's average rate of roughly ₹16,000–20,000 per sqft. Under ₹1 crore, 2 BHKs generally come from older resale buildings or smaller, less-branded projects trading well below the area average, rather than the premium towers most associated with the address.
What is the price of a 1 BHK apartment in Richmond Road?+
A 1 BHK in Richmond Road typically starts from around ₹42.00 L for 500 sqft and can go up to ₹62.00 L for larger, more established units, reflecting the trade-off between size and building age at this budget.
Is a 3 BHK possible under 1 crore in Richmond Road?+
It's possible but limited to specific budget-tier or older projects — 3 BHKs under ₹1 crore in Richmond Road typically run 1000–1250 sqft, well below the area's overall 3 BHK average which extends well past ₹1.2 crore for premium stock. Expect an older building, a smaller developer, or both.
Is Richmond Road affordable for a first-time buyer under 1 crore?+
Richmond Road is one of Bangalore's actively developing corridors, with an average rate of roughly ₹16,000–20,000 per sqft overall. Under ₹1 crore, buyers are largely limited to compact 1/2 BHKs or older resale stock rather than the newer premium towers most associated with the address — the trade-off is genuine Richmond Road connectivity at a fraction of the typical rate.
Which parts of Richmond Road offer flats under 1 crore?+
Older, smaller-developer stock and select budget-tier projects across Richmond Road and its immediate surroundings generally offer the most options under ₹1 crore, since these trade meaningfully below the area's overall average of ₹16,000–20,000 per sqft.

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