Avg. Rate
₹ 3,778/sq. ft
Locality Rating
4.5/10
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.
Region
Peenya
City
Bengaluru
District
Bengaluru Urban
State
Karnataka
Pincode
560058
Population
27,500
Nearest Airport
Kempegowda International Airport (BLR)
Excellent connectivity via road and upcoming metro access
Affordable real estate compared to other parts of Bengaluru
Close to employment centers in Peenya Industrial Area
High noise and air pollution due to industrial activity
Limited modern residential developments and amenities
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
₹ 3,778/sq. ft
Average Price Range
₹ 1,800 – 7,767
Trend (5Y)
▲ 63.6%
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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