Bellandur emerges as South Bengaluru's dominant IT corridor

Bellandur, located along Bengaluru's Outer Ring Road, has evolved into a prominent destination for MNCs and premium residential developments. The region's strong infrastructure, growing office ecosystem, and rising housing demand have contributed to significant price appreciation in property values over the past few years. Recent office expansions by companies such as LinkedIn, Disney, Honeywell, and Morgan Stanley have transformed Bellandur into a major IT corridor. LinkedIn opened its new office in Bellandur on June 16, 2026, situated in Global Technology Park (GTP), Outer Ring Road (ORR), Bellandur. Disney India has leased close to 1.75 lakh sq ft at RMZ Ecoworld 2.0, taking up 6 units across the 6th and 7th floors. The 5-year lease, reported in June 2026, carries a monthly rental of around ₹2.01 crore, and a total commitment of nearly ₹128 crore, with 206 car parking spaces. Honeywell Technology Solutions Lab has signed a 7-year lease for nearly 4 lakh sq ft at RMZ Ecoworld, effective January 1, 2026. The deal is valued at roughly ₹429 crore over its tenure, with a starting monthly rent of ₹4.39 crore which is approx. ₹110 per sq ft, with 499 parking spaces, and a future option to add 1.36 lakh sq ft more by June 2026. Morgan Stanley Advantage Services has taken up close to 1.6 lakh sq ft of Grade-A space at Ecoworld on a 5-year lease from January 2026. The rent is about ₹121 per sq ft per month which is approximately ₹1.92 crore monthly, along with the security deposit of around ₹11.89 crore and a 15% escalation every 3 years. The average property price in Bellandur starts from ₹15,400 per sq ft for flats and apartments, with a rising rental yield of approximately 3%. The price appreciation in the last 1 year is at 18.5%, 102.6% in 3 years, and 146.4% in 5 years for flats or apartments. The arrival and expansion of several MNCs have reinforced Bellandur's position as one of Bengaluru's leading commercial corridors. In combination with strong residential demand and sustained price appreciation, the region continues to attract both corporate occupiers and homebuyers seeking long-term investments.