New Launch - India Real Estate Report 2026.

Housing Board Colony

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Avg. Rate

4,438/sq. ft

Locality rating icon

Locality Rating

4/10

Housing Board Colony is a residential locality situated in the Kolar region of Bengaluru East Zone, Karnataka. With a PIN code of 563101, it forms part of the larger urban sprawl extending towards eastern Bengaluru, serving as a transitional settlement between semi-urban and rural landscapes. Developed originally to provide affordable housing, the area features a mix of government-assisted homes and privately-owned residential plots. Though not a major real estate hub, it caters primarily to middle-income families and local government employees. The locality benefits from proximity to key roads such as the Kolar-Bangalore Highway, enabling access to central Bengaluru and surrounding towns. While no large-scale residential projects are currently underway, demand remains steady due to its affordability and connection to nearby employment zones in Whitefield and ITPL. Property types are predominantly independent homes and plotted developments, with minimal high-rise construction. Housing Board Colony is surrounded by several established neighborhoods including Harohalli, Katari Palya, Raja Nagar, and Mahalakshmi Layout, contributing to a close-knit community environment. Basic civic infrastructure is in place, supported by nearby markets, schools, and healthcare facilities. However, the area still lacks advanced urban amenities and metro connectivity, limiting its appeal to budget-conscious buyers seeking peaceful living on the outskirts of Bengaluru.

Region

Kolar

City

Bengaluru

District

Bengaluru Urban

State

Karnataka

Pincode

563101

Population

9,000

Nearest Airport

Kempegowda International Airport (BLR)

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The Good

Offers budget-friendly residential plots and homes for middle-income families

Well-connected to major employment hubs like Whitefield and ITPL via road

Proximity to essential amenities in neighboring localities such as Mahalakshmi Layout and Harohalli

Locality price index icon

The Bad

Lacks metro connectivity and modern public transport infrastructure

Limited access to premium schools, hospitals, and shopping centers

Aurum Price Index for Housing board colony

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

4,438/sq. ft

Average Price Range

1,80010,501

Trend (5Y)

89.7%

Nearby Neighborhoods

Harohalli Extension

Harohalli Extension is a developing residential locality situated in the Kolar region under the Bengaluru East Zone, bearing the PIN code 563101. Historically an agrarian village, Harohalli has gradually transitioned into a suburban settlement due to the outward expansion of Bengaluru’s urban footprint. The area is primarily composed of independent homes and plotted developments, with minimal high-rise construction, reflecting its semi-urban character. Its proximity to major employment hubs in Whitefield and KR Puram makes it an emerging choice for middle-income homebuyers seeking affordable living options on the city's periphery. Connectivity in Harohalli Extension is largely dependent on road networks, with access to the Kolar-Bangalore Highway (NH 75) via nearby Horohalli and Katari Palya junctions. While public transport options are limited, private vehicles and local buses connect residents to key nodes like K.R. Puram railway station and the upcoming metro extensions. The area lacks major commercial complexes but hosts small neighborhood markets, temples, and local shops that cater to daily needs. Educational institutions and healthcare facilities are mostly found in adjacent localities such as Mahalakshmi Layout and Jayanagara. Real estate in Harohalli Extension remains relatively underdeveloped compared to central Bengaluru, with no large-scale housing projects currently underway. Property transactions are dominated by individual land purchases and self-built homes, indicating organic growth rather than planned development. Despite limited infrastructure, the locality attracts interest due to lower land prices and availability of open space. However, inconsistent civic amenities and delayed infrastructure upgrades remain challenges for sustained residential growth.

Avg. Rate

3,383/sq. ft

Locality Rating

4/10

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Horohalli

Horohalli is a developing residential locality situated in the Kolar region of Bengaluru East Zone, Bengaluru. With a PIN code of 563101, it lies on the eastern fringes of Bengaluru, serving as a transitional zone between urban sprawl and semi-rural settlements. Though still emerging in the real estate landscape, Horohalli is gaining attention due to its proximity to key employment hubs and affordable land prices compared to central Bengaluru. The area is surrounded by several established neighborhoods such as Harohalli Extension, Katari Palya, Mahalakshmi Layout, and Raja Nagar, contributing to its gradual integration into the city's infrastructure network. While large-scale residential projects are currently limited, demand is rising due to improved road connectivity and the expansion of civic amenities. The locality is primarily composed of independent homes and plotted developments rather than high-rise apartments. Horohalli benefits from its location near major arterial roads that link it to Whitefield, KR Puram, and Kolar Gold Fields (KGF), making it accessible for daily commuters. Basic infrastructure including water supply, electricity, and drainage is being upgraded under municipal development plans. As part of the Bruhat Bengaluru Mahanagara Palike (BBMP) jurisdiction, the area is slated for long-term urbanization, which may influence future property values and livability.

Avg. Rate

4,663/sq. ft

Locality Rating

4/10

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Jayanagara

Jayanagara, located in the Kolar district within the Bengaluru East Zone, is a developing residential locality on the outskirts of Bengaluru. Despite sharing a name with the well-known Jayanagar in central Bengaluru, this Jayanagara is distinct and situated farther east, closer to the expanding suburbs near Kolar. The area is primarily residential with a mix of independent homes and small-scale layouts, serving as an affordable alternative for those seeking cost-effective housing options on the city's periphery. Its PIN code is 563101, and it is surrounded by localities such as Horohalli, Harohalli Extension, Katari Palya, and Kalavanchi. The locality has seen gradual infrastructural development, with basic civic amenities now in place and improved road connectivity enhancing access to major employment hubs in Whitefield and ITPL. While large-scale real estate projects are currently limited, the presence of organized residential layouts like Maithri Layout, Vinoba Nagar, and Shanti Nagar indicates growing residential interest. Proximity to the Bangalore-Kolar highway makes commuting feasible, although public transport options remain modest compared to central Bengaluru zones. Jayanagara benefits from a peaceful, semi-urban environment, attracting middle-income families and retirees looking for quieter living away from the city's congestion. Educational institutions, healthcare facilities, and local markets are accessible within nearby neighborhoods, though large commercial centers are still a drive away. As Bengaluru’s urban footprint expands eastward, Jayanagara stands as a locality with emerging potential, balancing affordability with gradual development.

Avg. Rate

4,066/sq. ft

Locality Rating

4.2/10

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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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