Neotown, Electronic City: area guide to Neotown Main Road for homebuyers, Bangalore

Neotown, Electronic City: Area Guide to Neotown Main Road for Homebuyers (2026)

Neotown, Electronic City, is the stretch of Phase 1 that grew out of a 2009 township plan, and it’s where a new crop of high-rises is now being planned. This guide covers what Neotown is, how it connects to the rest of Bangalore, what’s already built on Neotown Main Road, and the questions to ask before you buy a flat there.

Key takeaways

  • Neotown began as a 120-acre township plan by Patel Realty in 2009, with a master plan by AFW of Singapore
  • It sits in Electronic City Phase 1, Anekal taluk, outside BBMP, so the stamp duty surcharge is 3%
  • The Yellow Line metro has served Electronic City since August 2025
  • Prestige Sunrise Park, with 1,910 homes, is the biggest finished complex on Neotown Main Road
  • SNN Raj Corp’s G+36 project is the next big launch expected in Phase 1
Neotown, Electronic City: area guide to Neotown Main Road for homebuyers, Bangalore

What Neotown, Electronic City, Actually Is

Neotown isn’t a separate suburb. It’s a township name inside Electronic City Phase 1 that stuck to the area and its main road.

In November 2009, Deccan Herald reported that Patel Realty (India) Ltd, a wholly owned subsidiary of Patel Engineering, was readying a project called Neotown on 120 acres in Electronic City, at an estimated investment of ₹900 crore. The master plan was by AFW of Singapore.

The first phase was 34.5 acres: 10 acres of homes, 16 acres of retail and 8.5 acres for an IT park. The plan also promised villas, healthcare, malls and an artificial lake. Pre-launch prices then were about ₹1,885 per sq ft, with a 2 BHK at about ₹16.3 lakh.

That last number is worth keeping in mind. Seventeen years later, new Neotown Electronic City launches are expected at five times that per sq ft.

Where Neotown Electronic City Sits

Electronic City is an IT hub in Anekal taluk, on Hosur Road south-east of central Bangalore. It’s split into phases, and Neotown is in Phase 1, the older side, which holds the main Infosys and Wipro campuses.

Wikipedia puts Electronic City at about 800 acres, with roughly 200 IT and ITES campuses, including Infosys, Wipro, TCS, HCL, Tech Mahindra and Biocon. For anyone who works there, Neotown Electronic City is a short ride from the office.

Who runs it

The industrial township is maintained by ELCITA, the Electronics City Industrial Township Authority. Surrounding residential areas fall under the Doddathoguru town panchayat or the Konappana Agrahara town municipal council. Neotown Electronic City is outside BBMP. Ask which body collects property tax and maintains the road to your gate. It isn’t always the same answer on both sides of Hosur Road.

Getting Around from Neotown Electronic City

Route What it is What it means for Neotown
Yellow Line metro RV Road to Bommasandra, 19.15 km, 16 stations, opened August 2025 Electronic City and Konappana Agrahara stations serve the area
Hosur Road elevated expressway Silk Board to Electronic City, about 10 km, opened January 2010 The fastest road into the city, tolled
NICE Road Tolled peripheral road Links Electronic City to Bannerghatta Road, Kanakapura Road and Mysore Road
Heelalige railway station Suburban rail stop About 6 km from Electronic City
Kempegowda International Airport The city’s airport About 56 km; about 2 hours in normal traffic

The metro is the big change. The Yellow Line was inaugurated on 10 August 2025 and opened to the public the next day. It runs parallel to Hosur Road through Bommanahalli and Hongasandra to Silk Board and on to RV Road, where you can change to the Green Line.

The Konappana Agrahara station was built with funding support from the Infosys Foundation. Walk the route from the flat you’re considering to the nearest station before you count on the metro. A station 2 km away is a bus ride, not a walk.

The airport is the weak link. At 56 km, it’s one of the longest airport runs from any Bangalore suburb, and up to three hours at peak, per Wikipedia.

What’s Already on Neotown Main Road

The biggest finished complex is Prestige Sunrise Park: 25 acres and 1,910 homes in two blocks, Birchwood and Norwood, with possession from 2017. It trades as a resale market now. Smondoville is another established residential complex on the Neotown side that buyers search for.

For shopping, the main draw is M5 Ecity Mall on Hosur Road at Veerasandra, which opened in late 2024. SNN’s landmark list for its project also names NeoMall Electronic City and Metro Cash & Carry. Schools on that list include Delhi Public School and Treamis World School, and hospitals include Kauvery, Motherhood and SR Multi Speciality.

What’s coming

SNN Raj Corp lists an upcoming project in Electronic City Phase 1 called Raj Boulevard: about 10 acres, G+36 floors, beside M5 Ecity Mall and overlooking a lake SNN hasn’t named. It isn’t RERA-registered yet, so it can’t be sold.

What Homes in Neotown Electronic City Cost

Option Price Per sq ft (ours)
Resale at Prestige Sunrise Park, 2–3 BHK, 1,100–1,600 sq ft ₹65 L–1.05 Cr About ₹6,000–6,600
SNN Electronic City Phase 1, new 2 BHK About ₹1.15 Cr onwards* About ₹9,200–10,000
SNN Electronic City Phase 1, new 3 BHK About ₹1.55 Cr onwards* About ₹9,100–9,700

*Expected price, excluding GST, stamp duty and registration. Ask us for the latest cost sheet for a named unit before you pay a booking amount.

The gap between resale and new is about ₹3,000–4,000 per sq ft. Some of that is age, and some is height and amenities. A resale flat with an occupancy certificate carries no GST, which saves 5%, but you’ll pay for an older building’s repairs sooner.

Because Neotown Electronic City is outside BBMP, the stamp duty surcharge is 3% of the duty. On a new flat, GST, stamp duty and registration add about 12.65% to the base price.

If you’re open to Phase 2, Purva Silversky at Hebbagodi is a registered G+32 option from ₹2.55 Cr.

The Downsides of Neotown Electronic City

Traffic. Hosur Road is one of the busiest roads into Bangalore, and Neotown Main Road feeds into it. With a large mall and more towers on the way, weekend evenings will get slower, not faster.

Civic services. Wikipedia notes that some residential areas around Electronic City are still under town panchayats, awaiting BBMP inclusion for civic amenities. Ask where your building’s water comes from and who clears the drains.

Autos. Most auto-rickshaws in Electronic City don’t go by the meter, per Wikipedia. Plan on the metro, buses or your own car.

Supply. Electronic City has thousands of flats. A new one has to beat older, cheaper stock to hold its resale value.

What to Check Before You Buy in Neotown Electronic City

  1. Survey number and village: on the RERA certificate for a new project, or the sale deed for resale.
  2. Khata and tax: which body issues it, and what the property tax is.
  3. Water: borewell, tanker or piped, and the monthly cost.
  4. Walk to the metro: time it from the gate to the nearest station.
  5. Peak-hour drive: from the flat to your office at 9 am on a weekday.

FAQs

Is Neotown in Electronic City Phase 1?

Yes. Neotown is a township area inside Electronic City Phase 1, in Anekal taluk on Hosur Road.

Who developed Neotown?

Patel Realty (India) Ltd, a subsidiary of Patel Engineering, announced the 120-acre Neotown township in 2009, with a master plan by AFW of Singapore.

Is Neotown Electronic City inside BBMP?

No. It’s in Anekal taluk, outside BBMP, so the stamp duty surcharge is 3% of the duty.

Is there a metro near Neotown?

Yes. The Yellow Line, open since August 2025, has Electronic City and Konappana Agrahara stations serving the area.

What new projects are coming in Neotown Electronic City?

SNN Raj Corp’s Raj Boulevard, a G+36 project on about 10 acres in Phase 1, is expected to start around ₹1.15 Cr for a 2 BHK. It isn’t RERA-registered yet.

What we checked (6 November 2026): Deccan Herald’s report of 5 November 2009 on Patel Realty’s Neotown plan, Wikipedia’s Electronic City and Yellow Line articles, SNN Raj Corp’s Raj Boulevard page and the Maven listings for the projects named here.

Prices per sq ft are our arithmetic. Statutory rates as checked on 6 November 2026.

General information, not legal or financial advice. Prices are indicative and can change; get a written cost sheet before you pay anything.

Looking at a flat in Neotown?

We’ll get you the RERA details, the carpet area and a written cost sheet for a named home.

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