New Launch - India Real Estate Report 2026.

Netaji Nagar

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Avg. Rate

3,722/sq. ft

Locality rating icon

Locality Rating

4.1/10

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.

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

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The Good

Strategic location near Peenya Industrial Area ensures high rental demand

Good road connectivity to Tumakuru Road and Yeshwanthpur railway station

Affordable property rates compared to central Bengaluru

Locality price index icon

The Bad

Limited access to premium social infrastructure like malls and reputed schools

Traffic congestion and air pollution due to industrial activity

HDFC BankNear Netaji Nagar, Peenya, Bengaluru East Zone, Bengaluru

Aurum Price Index for Netaji nagar

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

3,722/sq. ft

Average Price Range

1,8007,710

Trend (5Y)

67.4%

Nearby Neighborhoods

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

Peenya II Phase

Peenya II Phase is a residential-cum-industrial neighborhood located in the northern part of Bengaluru, within the Peenya Industrial Area under the Bengaluru East Zone. It shares its pincode 560058 with adjacent areas and is part of one of the city's oldest and most established industrial belts, hosting numerous small and medium-scale manufacturing units. The area has evolved over decades from a purely industrial zone into a mixed-use locality with growing residential pockets catering to workers and middle-income families. Situated close to major transport arteries like the NH 44 (formerly NH 7) and the Yeshwanthpur railway junction, Peenya II Phase benefits from strong connectivity to central Bengaluru, Hebbal, and Yelahanka. While primarily known for its industrial activity, the locality offers basic civic infrastructure with access to schools, hospitals, and markets in nearby neighborhoods such as Netaji Nagar and Peenya 1st Stage. Real estate here is largely composed of independent homes, rental apartments, and older layouts rather than high-rise developments. The lack of large-scale residential projects and limited modern housing options means property prices remain relatively affordable compared to other parts of North Bengaluru. However, ongoing metro expansion and proximity to key employment hubs continue to drive gradual interest in the area. Peenya II Phase remains a functional, working-class neighborhood with a strong sense of community and practical appeal for those prioritizing connectivity and affordability over luxury amenities.

Avg. Rate

3,778/sq. ft

Locality Rating

4.5/10

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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

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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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