Avg. Rate
₹ 3,590/sq. ft
Locality Rating
4/10
Gruhalakshmi Housing Colony is a residential neighborhood located within the Peenya area of Bengaluru East Zone, known for its proximity to industrial and commercial hubs. Situated in the northern part of Bangalore, it falls under the PIN code 560058 and is part of a larger network of planned and semi-planned layouts serving middle-income groups. The colony was developed to provide affordable housing options near employment centers, particularly the Peenya Industrial Area, one of Asia’s largest industrial belts. The locality is surrounded by several well-established neighborhoods such as Maruthi Nagar, Peenya Industrial Area Phase IV, Rajagopala Nagar, and Parvathi Nagar, contributing to its accessibility and utility. While primarily residential, Gruhalakshmi Housing Colony benefits from nearby civic infrastructure including schools, markets, and healthcare facilities. Its integration with the surrounding industrial zones makes it a preferred choice for working professionals and families seeking budget-friendly homes. Real estate in Gruhalakshmi Housing Colony consists largely of independent homes and plotted developments, with no major apartment projects currently reported. Property pricing data is limited due to low inventory turnover, but the area remains attractive for its affordability and connectivity. Ongoing urban development in Peenya and improved metro connectivity are expected to gradually influence housing demand in this locality.
Region
Peenya
City
Bengaluru
District
Bengaluru Urban
State
Karnataka
Pincode
560058
Population
9,000
Nearest Airport
Kempegowda International Airport (BLR)
Excellent connectivity to Peenya Industrial Area for daily commuters
Affordable property options compared to central Bangalore localities
Growing access to essential amenities like schools and clinics
Limited public transport and metro access currently
Noise and air pollution due to industrial vicinity
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
₹ 3,590/sq. ft
Average Price Range
₹ 1,800 – 7,110
Trend (5Y)
▲ 58.6%
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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