Avg. Rate
₹ 4,022/sq. ft
Locality Rating
4.5/10
Nelamangala-Majestic Service Road is a strategically located arterial road in Anchepalya, part of the Bengaluru North Zone, serving as a vital link between central Bengaluru and the fast-developing satellite town of Nelamangala. With a PIN code of 562123, this corridor lies on the northwestern outskirts of the city and has emerged as a key transit and residential zone due to its proximity to major employment hubs and industrial areas. The road supports growing real estate demand, driven by its connectivity advantages and relatively affordable property rates compared to central Bangalore. The area is witnessing rapid urbanization, with residential developments, commercial establishments, and industrial units expanding along the corridor. While still developing, the locality offers access to essential amenities including schools, healthcare centers, and grocery markets within nearby layouts such as Maruthi Layout and Shivashakti Nagar. The presence of multiple residential layouts like Ravi Kirloskar Layout and Prakruthi Layout Extension indicates planned growth and increasing residential interest. Real estate on Nelamangala-Majestic Service Road remains nascent, with only one major project reported so far and an average price of ₹10,955 per sq. ft., making it attractive for budget-conscious buyers and investors. Its location near the Tumakuru Highway and upcoming infrastructure projects positions it as a potential growth node. However, challenges such as traffic congestion and infrastructural strain due to rapid development are emerging concerns that need addressing.
Region
Anchepalya
City
Bengaluru
District
Bengaluru Urban
State
Karnataka
Pincode
562123
Population
27,500
Schools
1
Nearest Airport
Kempegowda International Airport (BLR)
The service road provides residents with fast and efficient connectivity to Bengaluru's Majestic Central Business District, making it an ideal location for commuters and professionals working in the city.
Proximity to Nelamangala also opens up opportunities for employment and entrepreneurship, which promotes the economic well-being of residents..
Close proximity to basic amenities such as schools, healthcare facilities, and supermarkets within easy reach
The area's rapid development and increasing population density could lead to issues such as traffic congestion, inadequate infrastructure, and strain on public services
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
₹ 4,022/sq. ft
Average Price Range
₹ 1,800 – 8,818
Trend (5Y)
▲ 75.9%
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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