New Launch - India Real Estate Report 2026.

Narayanapura

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Avg. Rate

4,767/sq. ft

Locality rating icon

Locality Rating

4.3/10

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.

Region

Peenya

City

Bengaluru

District

Bengaluru Urban

State

Karnataka

Pincode

560058

Population

27,500

Nearest Airport

Kempegowda International Airport (BLR)

Neighbourhood Insights byPulse AI Logo

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The Good

Excellent connectivity to industrial and commercial hubs in north Bengaluru

Affordable property rates compared to newer suburbs

Well-served by public transport and local amenities

Locality price index icon

The Bad

High traffic congestion during peak hours on Bellary Road

Limited availability of large-scale modern residential projects

Rolling MillNear Narayanapura, Peenya, Bengaluru East Zone, Bengaluru
TVS Cross Peenya 2nd StageNear Narayanapura, Peenya, Bengaluru East Zone, Bengaluru

Aurum Price Index for Narayanapura

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

4,767/sq. ft

Average Price Range

1,80011,936

Trend (5Y)

101.4%

Nearby Neighborhoods

Netaji Nagar

Netaji Nagar is a well-established residential locality situated in the Peenya industrial belt of Bengaluru East Zone, with the PIN code 560058. Nestled amidst the bustling Peenya Industrial Area, it primarily serves as a home to working professionals, industrial employees, and middle-income families seeking affordable housing options close to employment hubs. The area has evolved over the decades as a key residential extension of Peenya, one of Asia’s largest industrial clusters, offering functional living spaces with basic urban amenities. The locality benefits from its proximity to major industrial zones like Peenya II Phase, Phase III, and Phase IV, making it a convenient base for those employed in manufacturing, engineering, and logistics sectors. While large-scale real estate developments are limited, the housing stock comprises independent homes, rental apartments, and small-scale layouts developed by individuals and housing societies. Property prices remain relatively affordable compared to central and southern parts of Bengaluru. Connectivity is a strong suit of Netaji Nagar, with easy access to Yeshwanthpur, Jalahalli, and Tumakuru Road, linking it to key employment centers like Hebbal, Manyata Tech Park, and the city center. Though not a premium residential hub, it offers essential infrastructure including schools, clinics, and local markets. Its integration with the larger Peenya ecosystem ensures steady demand for rental and budget housing.

Avg. Rate

3,722/sq. ft

Locality Rating

4.1/10

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KIADB Housing Complex

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.

Avg. Rate

4,118/sq. ft

Locality Rating

4.1/10

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Peenya

Peenya, located in the Bengaluru East Zone, is one of the oldest industrial hubs in Bangalore, established during the 1960s as a key manufacturing belt by the Karnataka Industrial Area Development Board (KIADB). With a PIN code of 560058, it has evolved from a purely industrial zone into a mixed-use locality witnessing gradual residential and commercial development. The area is bounded by major roads like the Outer Ring Road (ORR) and Tumakuru Road, enhancing its strategic importance in the city’s urban fabric. Historically dominated by small and medium-scale industries, Peenya has seen a surge in real estate interest due to its proximity to tech corridors like Marathahalli and Whitefield, coupled with relatively affordable property prices compared to central Bangalore. The average price for a 2BHK apartment is around Rs. 1.17 Crore, with an average rate of Rs. 10,746 per square foot, making it moderately priced for the region. Despite limited new projects—only one major residential development currently—demand remains steady among middle-income buyers and investors. Connectivity is a major strength, with easy access to the ORR, NH-48, and the upcoming Bangalore Metro Pink Line (Line 5), which will significantly improve last-mile connectivity. The area is surrounded by well-established neighborhoods such as Lingarajapuram, Ramamurthy Nagar, and Vimanapura, offering a mix of residential comfort and industrial employment opportunities. While infrastructure is developing, essential amenities like schools, hospitals, and markets are within reach, contributing to improved livability.

Avg. Rate

4,521/sq. ft

Locality Rating

7.5/10

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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

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