Avg. Rate
₹ 4,705/sq. ft
Locality Rating
4/10
1st Block, located in the Nagasandra area of Bengaluru North Zone, is a well-established residential neighborhood with a mix of independent homes and small apartment complexes. Part of the larger HMT Layout ecosystem, this locality has evolved over decades, primarily shaped by the presence of the Hindustan Machine Tools (HMT) factory, which once housed a significant workforce. The area is officially marked with the PIN code 560073 and is administratively grouped under the Yelahanka zone of BBMP, contributing to its structured development. While 1st Block does not host large-scale real estate projects today, it remains a sought-after pocket due to its affordability and proximity to key employment hubs like Hebbal and Manyata Tech Park. The real estate market is largely composed of resale properties, with moderate demand from middle-income families and tenants. Limited new construction keeps the skyline low-rise and the environment relatively quiet compared to rapidly developing parts of North Bangalore. Connectivity is a major strength, with Tumakuru Road (NH-48) providing seamless access to central and northern parts of the city. The area benefits from upcoming infrastructure upgrades, including the expansion of the Bengaluru Metro network. Despite its modest profile, 1st Block offers a stable, community-oriented living experience, ideal for those prioritizing convenience and affordability over luxury amenities.
Region
Nagasandra
City
Bengaluru
District
Bengaluru Urban
State
Karnataka
Pincode
560073
Population
13,500
Nearest Airport
Kempegowda International Airport (BLR)
Well-connected via major road and upcoming metro links
Affordable property rates compared to central Bangalore
Established residential community with local amenities
Limited new real estate developments and modern infrastructure
Inconsistent road maintenance and drainage during monsoon
Normalized to 100 · Oct 2020 baseline
Timeline
Property Listing Trends
(12%)
RERA Inventory & Sales Velocity
(13%)
IGR Transaction Data
(15%)
Rental Yield
(10%)
Pollution & Environment
(08%)
Infrastructure & Connectivity
(13%)
Social Infrastructure
(08%)
Crimes & Safety
(08%)
Political Stability
(06%)
Corruption & ease of doing business
(07%)
Timeline
Average Rate
₹ 4,705/sq. ft
Average Price Range
₹ 1,800 – 11,640
Trend (5Y)
▲ 98.6%
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The information provided on this page is collated from publicly available resources. PropTech Pulse does not guarantee the accuracy, completeness, or authority of this data and shall not be held liable for any discrepancies. For queries or further assistance, please contact us at pulse@aurumproptech.in


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