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Koramangala 3rd Block in southeast Bengaluru has earned the nickname "Billionaire Street" for being home to some of the city’s wealthiest and most influential residents. From startup founders to C-suite executives, political leaders, and real estate developers, this neighbourhood has become the epitome of luxury living. Known for recording Bengaluru’s most expensive property deals, Koramangala 3rd Block recently witnessed a major transaction.

Earlier this year, Ajit Isaac, the Managing Director of Eka Ques Corp, bought a 10,000 sq. ft. plot for a whopping Rs 67.



5 crore. In another significant deal, TVS Motors purchased 9,488 sq. ft.

of land in the area for Rs 68,597 per sq. ft., marking one of the highest property rates in Bengaluru.

Bengaluru's Mantri Mall faces backlash for barring food delivery executives from using lifts (WATCH) According to data from Housing.com, the average property price in this upscale area increased by 9.5% in the third quarter of 2024, reaching Rs 35,000 per sq.

ft., compared to Rs 32,000 during the same period last year. Among Koramangala’s six blocks, the 3rd Block stands out for its larger plot sizes, with each bungalow spread over at least 4,000 sq.

ft., making it a preferred destination for billionaires. The area offers excellent connectivity to Bengaluru's major IT hubs, including Bannerghatta Road (6 km), Bellandur (7 km), Sarjapur-Marathahalli (6.

5 km), and Electronic City (13 km). In addition to its proximity to workplaces, Koramangal.

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