Avg. Rate
₹ 3,726/sq. ft
Locality Rating
4.1/10
3rd Stage, located in the Peenya industrial belt of Bengaluru East Zone, is a well-established residential and semi-commercial neighborhood with the PIN code 560058. Historically developed to support the workforce of the adjacent Peenya Industrial Area, one of Asia’s largest industrial clusters, the locality has evolved into a densely populated residential hub. Its proximity to major employment zones and affordable housing options make it a preferred choice for middle-income families and working professionals. The area is well-connected via key arterial roads such as the Nelamangala State Highway and the Tumakuru Road, facilitating smooth access to central Bengaluru and the upcoming areas in the northwest corridor. Public transport is readily available, with frequent city buses plying routes to Kempegowda Bus Station and Majestic. While large-scale metro connectivity is still developing, the region benefits from its strategic location near industrial and logistics hubs. Real estate in 3rd Stage remains largely composed of independent homes, budget housing, and older apartment complexes, with limited new developments reported. The absence of high-rise luxury projects keeps property prices relatively affordable compared to central or southern parts of the city. However, infrastructural challenges such as road conditions and drainage persist, balancing out the demand driven by economic accessibility and employment proximity.
Region
Peenya
City
Bengaluru
District
Bengaluru Urban
State
Karnataka
Pincode
560058
Population
3
Nearest Airport
Kempegowda International Airport (BLR)
Excellent connectivity to industrial and employment hubs
Relatively affordable real estate compared to central Bengaluru
High rental demand due to workforce population
Limited metro connectivity and last-mile challenges
Inadequate drainage and road maintenance 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
₹ 3,726/sq. ft
Average Price Range
₹ 1,800 – 7,674
Trend (5Y)
▲ 65.5%
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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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