Avg. Rate
₹ 4,454/sq. ft
Locality Rating
4.8/10
Peenya Industrial Area Phase IV is a well-established industrial and residential sub-locality located in the Peenya region of North-West Bangalore, falling under the Bengaluru East Zone. With a PIN code of 560058, it forms part of one of Asia’s largest industrial clusters, hosting numerous small, medium, and large-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 professionals employed in nearby factories and tech parks. Strategically positioned, Peenya Industrial Area Phase IV benefits from proximity to major employment hubs such as the Peenya Industrial Estate, Rajajinagar, and the upcoming IT corridors along Tumakuru Road. While primarily industrial, the locality offers basic residential amenities and is well-connected via arterial roads like 5th Phase Peenya Road and Tumakuru Road (NH 48), facilitating access to central and north Bangalore. Real estate here is predominantly composed of independent layouts, budget housing, and rental units, with limited large-scale apartment projects. The surrounding neighborhoods include Parvathi Nagar, Maruthi Nagar, Rajagopala Nagar, and Netaji Nagar, which contribute to a dense urban fabric with local markets, schools, and transport links. Though not a premium residential destination, the area appeals to first-time homebuyers and investors seeking affordable entry points in Bangalore’s real estate market. Ongoing infrastructure upgrades and industrial activity continue to shape its development trajectory.
Region
Peenya
City
Bengaluru
District
Bengaluru Urban
State
Karnataka
Pincode
560058
Population
27,500
Schools
2
Nearest Airport
Kempegowda International Airport (BLR)
Excellent connectivity to major employment zones in North Bangalore
Affordable property options compared to central and south Bangalore
Growing rental demand due to industrial workforce population
High noise and air pollution due to industrial activity
Limited premium residential projects and lifestyle 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
₹ 4,454/sq. ft
Average Price Range
₹ 1,800 – 10,718
Trend (5Y)
▲ 94.9%
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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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