diff --git a/app/client/src/components/ads/EditableText.test.tsx b/app/client/src/components/ads/EditableText.test.tsx
new file mode 100644
index 0000000000..501c1a4668
--- /dev/null
+++ b/app/client/src/components/ads/EditableText.test.tsx
@@ -0,0 +1,34 @@
+import React from "react";
+import "@testing-library/jest-dom";
+import { render } from "@testing-library/react";
+import EditableText from "./EditableText";
+import userEvent from "@testing-library/user-event";
+import { EditInteractionKind, SavingState } from "./EditableTextSubComponent";
+import { ThemeProvider } from "constants/DefaultTheme";
+import { lightTheme } from "selectors/themeSelectors";
+
+describe("<EditableText />", () => {
+  it("should call onBlurEverytime on each and every blur", async () => {
+    const handleBlur = jest.fn();
+    const getTestComponent = () => (
+      <ThemeProvider theme={lightTheme}>
+        <EditableText
+          defaultValue="Test"
+          editInteractionKind={EditInteractionKind.SINGLE}
+          onBlurEverytime={handleBlur}
+          savingState={SavingState.NOT_STARTED}
+        />
+      </ThemeProvider>
+    );
+    const component = getTestComponent();
+    const renderResult = render(component);
+    const EditableTextElement = renderResult.container.firstElementChild;
+    if (EditableTextElement) {
+      userEvent.click(EditableTextElement);
+      userEvent.tab();
+      expect(handleBlur).toHaveBeenCalled();
+    } else {
+      throw new Error("Failed");
+    }
+  });
+});
diff --git a/app/client/src/components/ads/EditableText.tsx b/app/client/src/components/ads/EditableText.tsx
index 054a4bad7a..d15068ecef 100644
--- a/app/client/src/components/ads/EditableText.tsx
+++ b/app/client/src/components/ads/EditableText.tsx
@@ -16,7 +16,8 @@ export type EditableTextProps = CommonComponentProps & {
   placeholder?: string;
   editInteractionKind: EditInteractionKind;
   savingState: SavingState;
-  onBlur?: (value: string) => void;
+  onBlur?: (value: string) => void; // This `Blur` will be called only when there is a change in the value after we unfocus from the input field
+  onBlurEverytime?: (value: string) => void; // This `Blur` will be called everytime we unfocus from the input field
   onTextChanged?: (value: string) => void;
   valueTransform?: (value: string) => string;
   isEditingDefault?: boolean;
diff --git a/app/client/src/components/ads/EditableTextSubComponent.tsx b/app/client/src/components/ads/EditableTextSubComponent.tsx
index e6d8d591e5..cce00f7dfe 100644
--- a/app/client/src/components/ads/EditableTextSubComponent.tsx
+++ b/app/client/src/components/ads/EditableTextSubComponent.tsx
@@ -38,7 +38,8 @@ export type EditableTextSubComponentProps = CommonComponentProps & {
   defaultSavingState: SavingState;
   savingState: SavingState;
   setSavingState: typeof noop;
-  onBlur?: (value: string) => void;
+  onBlur?: (value: string) => void; // This `Blur` will be called only when there is a change in the value after we unfocus from the input field
+  onBlurEverytime?: (value: string) => void; // This `Blur` will be called everytime we unfocus from the input field
   onTextChanged?: (value: string) => void;
   valueTransform?: (value: string) => string;
   isEditingDefault?: boolean;
@@ -159,6 +160,7 @@ export function EditableTextSubComponent(props: EditableTextSubComponentProps) {
     isError,
     isInvalid,
     onBlur,
+    onBlurEverytime,
     onTextChanged,
     savingState,
     setIsEditing,
@@ -204,6 +206,7 @@ export function EditableTextSubComponent(props: EditableTextSubComponentProps) {
   const onConfirm = useCallback(
     (_value: string) => {
       const finalVal: string = _value.trim();
+      onBlurEverytime && onBlurEverytime(finalVal);
       if (savingState === SavingState.ERROR || isInvalid || finalVal === "") {
         setValue(lastValidValue);
         onBlur && onBlur(lastValidValue);
diff --git a/app/client/src/pages/Editor/PropertyPaneTitle.test.tsx b/app/client/src/pages/Editor/PropertyPaneTitle.test.tsx
new file mode 100644
index 0000000000..bfde103abb
--- /dev/null
+++ b/app/client/src/pages/Editor/PropertyPaneTitle.test.tsx
@@ -0,0 +1,30 @@
+import React from "react";
+import "@testing-library/jest-dom";
+import { render } from "@testing-library/react";
+import PropertyPaneTitle from "./PropertyPaneTitle";
+import userEvent from "@testing-library/user-event";
+import { ThemeProvider } from "constants/DefaultTheme";
+import { lightTheme } from "selectors/themeSelectors";
+import { Provider } from "react-redux";
+import store from "../../store";
+
+describe("<PropertyPaneTitle />", () => {
+  it("should focus when f2 is pressed", async () => {
+    const getTestComponent = () => (
+      <Provider store={store}>
+        <ThemeProvider theme={lightTheme}>
+          <PropertyPaneTitle
+            actions={[]}
+            isPanelTitle
+            // title="test"
+            widgetId="1"
+          />
+        </ThemeProvider>
+      </Provider>
+    );
+    const component = getTestComponent();
+    const renderResult = render(component);
+    await userEvent.keyboard("{F2}");
+    expect(renderResult.container.querySelector("input")).toBeVisible();
+  });
+});
diff --git a/app/client/src/pages/Editor/PropertyPaneTitle.tsx b/app/client/src/pages/Editor/PropertyPaneTitle.tsx
index 1bb932ea33..e4d41606c0 100644
--- a/app/client/src/pages/Editor/PropertyPaneTitle.tsx
+++ b/app/client/src/pages/Editor/PropertyPaneTitle.tsx
@@ -95,6 +95,27 @@ const PropertyPaneTitle = memo(function PropertyPaneTitle(
     setName(props.title);
   }, [props.title]);
 
+  // Focus title on F2
+
+  const [isEditingDefault, setIsEditingDefault] = useState(
+    !props.isPanelTitle ? isNew : undefined,
+  );
+
+  function handleKeyDown(e: KeyboardEvent) {
+    if (e.key === "F2") {
+      setIsEditingDefault(true);
+    }
+  }
+
+  function handleOnBlurEverytime() {
+    setIsEditingDefault(false);
+  }
+
+  useEffect(() => {
+    document.addEventListener("keydown", handleKeyDown);
+    return () => document.removeEventListener("keydown", handleKeyDown);
+  });
+
   return props.widgetId || props.isPanelTitle ? (
     <div className="flex items-center w-full px-3 space-x-1 z-3">
       {/* BACK BUTTON */}
@@ -114,8 +135,9 @@ const PropertyPaneTitle = memo(function PropertyPaneTitle(
           editInteractionKind={EditInteractionKind.SINGLE}
           fill
           hideEditIcon
-          isEditingDefault={!props.isPanelTitle ? isNew : undefined}
+          isEditingDefault={isEditingDefault}
           onBlur={!props.isPanelTitle ? updateTitle : undefined}
+          onBlurEverytime={handleOnBlurEverytime}
           onTextChanged={!props.isPanelTitle ? undefined : updateNewTitle}
           placeholder={props.title}
           savingState={updating ? SavingState.STARTED : SavingState.NOT_STARTED}