New Launch - India Real Estate Report 2026.

2nd Stage

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Avg. Rate

4,431/sq. ft

Locality rating icon

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)

Neighbourhood Insights byPulse AI Logo

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The Good

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

Locality price index icon

The Bad

Limited availability of new residential projects and modern infrastructure

Noise and air pollution due to proximity to industrial zones and heavy traffic routes

Peenya 2nd StageNear 2nd Stage, Peenya, Bengaluru East Zone, Bengaluru

Aurum Price Index for 2nd stage

1BHK2BHK3BHKAll

Normalized to 100 · Oct 2020 baseline

Timeline

Aurum Price Index is based on 10 parameters:

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%)

Rates and Trends

Upper PriceAverage PriceLower Price

Timeline

Average Rate

4,431/sq. ft

Average Price Range

1,80010,468

Trend (5Y)

89.1%

Nearby Neighborhoods

Kalika Nagar

Kalika Nagar is a residential locality situated within the larger Ragavendra Nagar area in the Bengaluru West Zone, bearing the PIN code 560058. Nestled in a well-established part of the city, it is surrounded by neighborhoods such as Shree Vinaya Nagar and Dasarahalli, contributing to its growing residential appeal. Though primarily composed of independent homes and smaller apartment complexes, the area reflects the steady urbanization seen across North Bengaluru. Its proximity to major employment hubs and arterial roads makes it a practical choice for middle-income families and working professionals. The locality benefits from basic urban infrastructure, with access to schools, grocery markets, and healthcare services within close reach. Public transportation is readily available, with BMTC buses plying along nearby Tumakuru Road and Dasarahalli Main Road, connecting residents to key parts of the city. While there are no large-scale real estate developments currently underway, the demand for housing remains steady due to affordability compared to central and southern parts of Bengaluru. Kalika Nagar is gradually evolving as a preferred residential pocket, supported by improving road connectivity and proximity to the Dasarahalli Metro Station on the Green Line. The area maintains a peaceful, community-oriented environment, making it suitable for families seeking a quieter lifestyle without being too far from the city's pulse. With ongoing civic improvements and its strategic location near industrial and commercial zones, Kalika Nagar holds potential for future growth in property value.

Avg. Rate

4,543/sq. ft

Locality Rating

4.6/10

Explore Neighbourhood

Byraveshwara Industrial Estate

Byraveshwara Industrial Estate is an established industrial and residential locality situated in the western part of Bengaluru, falling under the Bengaluru West Zone. With a PIN code of 560091, it primarily serves as a hub for small and medium-scale industries, contributing to the city's manufacturing and logistics sectors. The area has gradually seen residential development catering to working professionals and industrial workers, though large-scale residential projects remain limited. Its strategic location near key transport corridors enhances its accessibility within the city. The estate is surrounded by prominent residential and industrial neighborhoods such as Ragavendra Nagar, Kaveri Nagar, Kumaraswamy Layout, and Attiguppe, which provide essential civic amenities and social infrastructure. While the locality itself is more industrially oriented, residents rely on nearby areas for schools, hospitals, and retail options. Over time, urban expansion and infrastructure development in West Bengaluru have increased the area’s relevance, especially for those seeking affordable housing close to industrial employment centers. Real estate in Byraveshwara Industrial Estate remains underdeveloped compared to other parts of Bengaluru, with no major residential projects currently listed. Property demand is largely driven by rental needs from industrial employees and small business owners operating in the vicinity. The lack of high-end residential developments keeps the average price per square foot and 2BHK property rates unrecorded in mainstream real estate listings. However, its proximity to major roads and industrial zones makes it a potential candidate for future growth.

Avg. Rate

4,365/sq. ft

Locality Rating

4/10

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Peenya Industrial Area Phase IV

Peenya Industrial Area Phase IV is a well-established industrial and residential sub-locality located in the Peenya region of North-West Bangalore, falling under the Bengaluru East Zone. With a PIN code of 560058, it forms part of one of Asia’s largest industrial clusters, hosting numerous small, medium, and large-scale manufacturing units. The area has evolved over decades from a purely industrial zone into a mixed-use locality, with growing residential pockets catering to workers and professionals employed in nearby factories and tech parks. Strategically positioned, Peenya Industrial Area Phase IV benefits from proximity to major employment hubs such as the Peenya Industrial Estate, Rajajinagar, and the upcoming IT corridors along Tumakuru Road. While primarily industrial, the locality offers basic residential amenities and is well-connected via arterial roads like 5th Phase Peenya Road and Tumakuru Road (NH 48), facilitating access to central and north Bangalore. Real estate here is predominantly composed of independent layouts, budget housing, and rental units, with limited large-scale apartment projects. The surrounding neighborhoods include Parvathi Nagar, Maruthi Nagar, Rajagopala Nagar, and Netaji Nagar, which contribute to a dense urban fabric with local markets, schools, and transport links. Though not a premium residential destination, the area appeals to first-time homebuyers and investors seeking affordable entry points in Bangalore’s real estate market. Ongoing infrastructure upgrades and industrial activity continue to shape its development trajectory.

Avg. Rate

4,454/sq. ft

Locality Rating

4.8/10

Explore Neighbourhood

Frequently Asked Questions

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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