Avg. Rate
₹ 4,655/sq. ft
Locality Rating
4/10
Chamundi Nagar is a residential locality situated within the Peenya region of Bengaluru East Zone, bearing the PIN code 560058. Nestled amidst the bustling industrial and residential pockets of Peenya, it forms part of the larger Peenya Industrial Area, known for its manufacturing and small-scale industries. The area has evolved over the years from a purely industrial periphery into a mixed-use neighborhood with growing residential appeal due to affordable housing options and proximity to employment hubs. The locality benefits from its strategic location near major thoroughfares like the Tumakuru Road and the Outer Ring Road, providing access to central and north Bengaluru. While real estate development in Chamundi Nagar remains relatively modest compared to newer suburbs, it attracts budget-conscious homebuyers and tenants seeking connectivity without premium pricing. There are currently no large-scale residential projects reported, reflecting a more organic, self-built housing pattern. Chamundi Nagar shares borders with several established neighborhoods such as Parvathi Nagar, Rajagopala Nagar, and Peenya 2nd Stage, contributing to a well-integrated community feel. Basic civic infrastructure is in place, though residents often rely on nearby areas for advanced healthcare, education, and retail needs. Its identity remains closely tied to the industrial character of Peenya while gradually adapting to urban residential demands.
Region
Peenya
City
Bengaluru
District
Bengaluru Urban
State
Karnataka
Pincode
560058
Population
9,000
Nearest Airport
Kempegowda International Airport (BLR)
Excellent road connectivity to central and north Bengaluru via Tumakuru Road and ORR
Attractive for budget homebuyers and rental investors due to lower property costs
Well-integrated with neighboring residential and commercial zones
Limited access to premium amenities and large shopping centers
Industrial surroundings may lead to noise and pollution
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
₹ 4,655/sq. ft
Average Price Range
₹ 1,800 – 11,624
Trend (5Y)
▲ 102.9%
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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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