Avg. Rate
₹ 4,431/sq. ft
Locality Rating
4.1/10
2nd Stage is a well-established residential and semi-industrial locality situated within the Peenya area of Bengaluru East Zone, bearing the PIN code 560058. Historically evolving as a support settlement for workers in the adjacent Peenya Industrial Area, it has gradually transformed into a densely populated neighborhood offering affordable housing options. The area is part of the larger Peenya township, known for its mix of residential layouts and proximity to industrial employment hubs. Connectivity in 2nd Stage is robust, with easy access to major roads like the Outer Ring Road (ORR) and Tumakuru Road, enabling swift commutes to central Bengaluru, IT hubs like Manyata Tech Park, and the Bangalore International Airport. The locality is surrounded by key neighborhoods such as Rajagopala Nagar, Maruthi Nagar, and Peenya 1st Stage, enhancing its integration within the city’s urban fabric. While primarily residential, the area hosts small-scale commercial establishments catering to daily needs. Real estate in 2nd Stage remains largely composed of independent homes, budget apartments, and housing colonies, with limited new developments. Though average price per sqft and 2BHK rates are not widely documented due to low project-based inventory, demand persists from middle-income groups and tenants seeking affordability near industrial zones. The absence of large-scale projects keeps the market organic, driven by individual property transactions rather than developer activity.
Region
Peenya
City
Bengaluru
District
Bengaluru Urban
State
Karnataka
Pincode
560058
Population
27,500
Nearest Airport
Kempegowda International Airport (BLR)
Excellent connectivity to major employment zones including Peenya Industrial Area and Manyata Tech Park
Affordable real estate options compared to other parts of Bengaluru
Well-integrated with surrounding neighborhoods offering daily amenities and transport links
Limited availability of new residential projects and modern infrastructure
Noise and air pollution due to proximity to industrial zones and heavy traffic routes
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
₹ 4,431/sq. ft
Average Price Range
₹ 1,800 – 10,468
Trend (5Y)
▲ 89.1%
Rates and Trends
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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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