Avg. Rate
₹ 3,753/sq. ft
Locality Rating
4/10
Peenya 2nd Stage is an established industrial and residential locality situated within the Ragavendra Industrial Estate in the Bengaluru West Zone. Part of the larger Peenya industrial belt, it is a key node in Bangalore’s manufacturing and small-scale industries ecosystem, hosting numerous engineering, automotive, and electronics units. The area is well-connected via major arterial roads and falls under the administrative PIN code 560058, serving both commercial and residential needs. Over time, Peenya 2nd Stage has evolved into a mixed-use zone with growing residential pockets catering to industrial workers, migrants, and lower-middle-income groups. While primarily industrial, the locality offers basic amenities including schools, clinics, markets, and public transport access, making it a functional urban node. Its proximity to the Outer Ring Road and Tumakuru Highway enhances its strategic importance. Real estate in Peenya 2nd Stage remains largely composed of independent homes, rental apartments, and small-scale layouts, with minimal new project launches. Property values are relatively affordable compared to central Bangalore, attracting budget-conscious buyers and investors seeking rental yields. However, infrastructure development lags behind residential demand, posing challenges in livability and sustainability.
Region
Ragavendra Industrial Estate
City
Bengaluru
District
Bengaluru Urban
State
Karnataka
Pincode
560058
Population
27,500
Nearest Airport
Kempegowda International Airport (BLR)
Well-connected to industrial zones and major roads
Affordable housing options for working-class families
Growing availability of essential services and schools
Limited green spaces and poor air quality
Overburdened civic infrastructure and narrow roads
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
₹ 3,753/sq. ft
Average Price Range
₹ 1,800 – 7,805
Trend (5Y)
▲ 67.7%
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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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