New Launch - India Real Estate Report 2026.

KIADB Housing Complex

Avg rate icon

Avg. Rate

4,118/sq. ft

Locality rating icon

Locality Rating

4.1/10

KIADB Housing Complex is a planned residential enclave located in Peenya, under the Bengaluru East Zone, with the PIN code 560058. Developed by the Karnataka Industrial Areas Development Board (KIADB), the complex was originally intended to provide housing for employees linked to the adjacent Peenya Industrial Area, one of Asia’s largest industrial clusters. Over time, it has evolved into a well-established residential locality, offering affordable housing options amidst a dense urban setup. The area is primarily composed of independent homes and small apartment units, many of which are owned by industrial workers, middle-income families, and long-term residents. Situated in close proximity to major industrial zones, KIADB Housing Complex benefits from strong local employment linkages and functional infrastructure. It shares borders with key neighborhoods such as Netaji Nagar, Peenya Industrial Area Phase IV, IP Nagar, and Shivapura, contributing to its integrated urban character. While large-scale real estate projects are absent, the locality sees steady demand for resale properties due to its affordability and accessibility. The absence of new developments indicates a mature, saturated housing market with limited expansion potential. Connectivity is a major strength, with the complex accessible via 100 Feet Ring Road and Tumakuru Road, linking it to central and western parts of Bengaluru. The upcoming Bangalore Metro Phase 3 (Blue Line) is expected to enhance public transport access, although current metro stations are still a few kilometers away. Despite limited modern amenities, the area supports daily living needs through local markets, schools, and healthcare centers, making it a practical choice for budget-conscious homebuyers and tenants seeking proximity to employment hubs.

Region

Peenya

City

Bengaluru

District

Bengaluru Urban

State

Karnataka

Pincode

560058

Population

13,500

Nearest Airport

Kempegowda International Airport (BLR)

Neighbourhood Insights byPulse AI Logo

Locality price index icon

The Good

Offers budget-friendly homes ideal for middle-income families and industrial workers

Excellent road connectivity to major employment zones and city arteries

Well-integrated neighborhood with access to schools, markets, and healthcare

Locality price index icon

The Bad

Limited modern real estate developments and housing variety

Distance from operational metro stations affects public transit convenience

Esi Hospital Peenya 1st StageKIADB Housing Complex, Peenya, Yeshwanthpur Suburb II Stage, KIADB Housing Complex, Peenya, Bengaluru, Karnataka

Aurum Price Index for Kiadb housing complex

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

4,118/sq. ft

Average Price Range

1,8009,282

Trend (5Y)

82%

Nearby Neighborhoods

Peenya III Phase

Peenya III Phase is a well-established residential and industrial locality situated in the northern part of Bangalore, within the Bengaluru East Zone. It forms part of the larger Peenya industrial and residential belt, known for its mix of light manufacturing units and worker housing. The area shares a PIN code of 560058 and is closely integrated with adjacent phases and layouts such as Peenya II Phase, Peenya 1st Stage, and KIADB Housing Complex. Its strategic location near major industrial zones has historically driven demand for affordable housing. The locality is primarily composed of independent homes, budget housing complexes, and layouts developed by government and private entities, including GKW Layout and SRS Layout. While large-scale real estate projects are limited, the area attracts tenants and investors due to its affordability and proximity to employment hubs. Basic civic infrastructure is present, though development is uneven compared to newer parts of the city. Connectivity is a key strength of Peenya III Phase, with easy access to Yeshwanthpur, Tumakuru Road, and the Outer Ring Road via Peenya Industrial Area. The upcoming Metro expansion and existing railway link enhance its accessibility. Despite industrial encroachment, efforts to improve sanitation, drainage, and community facilities continue, shaping a transitional urban character blending residential and industrial lifestyles.

Avg. Rate

3,912/sq. ft

Locality Rating

4.1/10

Explore Neighbourhood

Yeshwanthpur Suburb II Stage

Yeshwanthpur Suburb II Stage is a well-established residential locality situated in the Peenya region of Bengaluru East Zone, within the bustling city of Bangalore. Part of the larger Peenya industrial and residential belt, this area is known for its mix of residential layouts and proximity to employment hubs, making it a preferred choice for middle-income families and working professionals. The suburb falls under the PIN code 560058 and is surrounded by key neighborhoods such as Peenya Industrial Area Phase IV, Netaji Nagar, and KIADB Housing Complex, contributing to its integrated urban fabric. Historically developed as an extension of Yeshwanthpur’s residential expansion, Suburb II Stage has evolved into a self-sufficient micro-locality with access to essential amenities including schools, healthcare centers, and local markets. Real estate here is predominantly composed of independent homes and smaller apartment projects, with limited new developments—only one major project reported recently—reflecting a mature market rather than a rapidly expanding one. The area benefits from strong connectivity via major roads like the Bellary Road (NH-44) and proximity to the Yeshwanthpur Railway Station and upcoming metro infrastructure. While property prices have appreciated, with the average 2BHK apartment valued at approximately Rs. 1.17 Crore and average price per square foot at Rs. 10,746, the locality remains relatively affordable compared to central Bangalore, offering value for budget-conscious buyers seeking accessibility and convenience.

Avg. Rate

4,247/sq. ft

Locality Rating

5/10

Explore Neighbourhood

Narayanapura

Narayanapura is a residential and semi-industrial locality situated within the Peenya region of Bengaluru East Zone, Karnataka. It falls under the postal code 560058 and is part of the larger Peenya industrial and residential belt, known for its mix of manufacturing units and growing residential developments. The area has evolved over the decades from a quiet suburb into a densely populated neighborhood, serving as a home to working professionals, industrial workers, and migrant laborers due to its proximity to major employment hubs. Strategically located near the Peenya Industrial Area, Narayanapura benefits from strong road connectivity via major arteries like the Bellary Road (NH 44) and the Outer Ring Road, enabling access to central Bengaluru, Yeshwanthpur, and Hebbal. While the locality itself lacks large-scale real estate projects, it is surrounded by established neighborhoods such as Netaji Nagar, Peenya II Stage, and Rajagopala Nagar, offering a range of housing options from independent homes to compact apartments. The real estate here is largely composed of older layouts and individual houses, with limited new developments. Narayanapura is well-integrated into Bengaluru's urban fabric, with access to essential civic amenities including schools, hospitals, and markets. The area is witnessing gradual infrastructure upgrades, though challenges like traffic congestion and drainage issues persist. Its affordability and connectivity make it a practical choice for budget-conscious homebuyers and tenants seeking proximity to industrial and commercial zones in north-west Bengaluru.

Avg. Rate

4,767/sq. ft

Locality Rating

4.3/10

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

Pexo Icon

Ask Pulse Ai anything about real estate

Unlock the Latest in Real Estate

News, Infographics, Blogs & More! Delivered to your inbox.

Proptech Pulse Logo

Data that drives action.
Insight that inspires action.
Technology that empowers action.“

Made with Love

Statue

© PropTech Pulse 2026, All rights reserved.

Terms of Use and Privacy Policy