Yes, Koramangala is considered one of the most upscale and posh localities in Bengaluru. It is a premier residential and commercial hub known for its, high-end,, tree-lined, avenues,, luxury, apartments,, and,,villa,s,. It is famously home to "Billionaire Street" in 3rd Block, housing many start-up founders, CEOs, and business tycoons,.
Koramangala is one of Bangalore's posh localities and is known for its tech-startup ecosystem. It offers a dynamic mix of high-end 3 and 4 BHK luxury apartments, luxury duplexes, and independent villas in gated enclaves. Due to high demand, 2 BHK units are primarily sold out in most luxury projects.
1. Koramangala 3rd Block – “Billionaire Street” This 1-sq km zone houses business tycoons, start-up founders and tech moguls. A recently reported deal: a 10,000 sq ft plot went for ₹67.5 crore (~₹67 500 per sq ft) — one of Bengaluru's highest.
Once considered the outskirts, Whitefield has evolved into a preferred zone for global executives, CEOs, and tech leaders. Luxury villas in gated communities like Samruddhi Florence, often 6,000+ sq ft, are being listed at ₹10 crore and above.
On a breezy morning in Bengaluru, take a stroll down a tree-lined street in Koramangala's 3rd Block – an unassuming but wildly coveted patch of real estate that the locals (and how media + influencers), refer to half-jokingly and half-seriously, as “Billionaire Street.”
Azim Premji – Richest Person in Bangalore. Net Worth: Estimated between $32.2 billion (Forbes, 2024) and $35.9 billion (Bloomberg, 2024) Date of Birth: July 24, 1945. ...
Narayana Murthy – Richest Person in Bangalore. Net worth: Around $5 billion (as of Jan 2025) Date of Birth: 20 August 1946.
How Much Do the Top 1% Earn? Most people in Bangalore earn around ₹3–20 lakh per year. But the top 1% earn much more, often ₹60 lakh to ₹1 crore or more per year. Some of the highest-paid professionals can even make ₹2 crore or more.
Sadashivanagar and Lavelle Road are called the most expensive areas in Bangalore, with homes costing many crores of rupees. Celebrities, top business people, and politicians often live in these areas.
Living in Koramangala places you at the heart of Bangalore's thriving urban landscape. This vibrant neighbourhood offers premium residential options, excellent social infrastructure, and seamless access to major business hubs such as ORR, CBD, Sarjapur Road, Electronic City, and Whitefield.
Choose Whitefield if you value tech connectivity, peaceful surroundings, and smart convenience. Choose Koramangala if you're driven by social life, accessibility, and vibrant city energy.
In the most expensive real estate deal in Bangalore, Ajit Isaac - the Managing Director of Quess Corp - has purchased a 10,000 square feet plot in Koramangala 3rd block, also referred to as billionaire street, for Rs 67.5 Crore.
Billionaires live in Whitefield in Bangalore, which is nestled in the eastern part of the city. It is one of the top IT and residential localities that boasts premium properties. Billionaires prefer living in prime areas that have excellent facilities, and property rates are nominal to high.
Nikhil Kamath (born 5 September 1986) is an Indian entrepreneur and investor. He is the co-founder of Zerodha, a retail stockbroker, and True Beacon, an asset management company. As of December 2025, Kamath is worth $3.3 billion, according to Forbes.
The area is considered safe and secure, with low crime rates and good police presence. 3 Block Koramangala is centrally located and well-connected to other parts of the city.
Afterwards, Kalaburagi, along with Bidar and Raichur, became part of Karnataka and were known as the Kalyana-Karnataka region. Since this time, this region has continuously been lagging the rest of the state in social indicators and is considered the most backward region of Karnataka.
The richest district in Karnataka is obviously Bangalore Urban which contributes a third of the GDP of the state. This is followed by the coastal districts of Dakshina Kannada and Udupi.
