New Launch - India Real Estate Report 2026.

Shivapura

Avg rate icon

Avg. Rate

4,150/sq. ft

Locality rating icon

Locality Rating

4.3/10

Shivapura is a well-established residential and semi-industrial locality situated in the Peenya region of Bengaluru East Zone, bearing the PIN code 560058. Nestled within the bustling Peenya Industrial Area, Shivapura serves as a crucial link between industrial activity and residential living, hosting a mix of workforce housing and small-scale commercial developments. Over the years, it has evolved into a transit-friendly neighborhood, benefiting from proximity to major employment hubs in Peenya and Yeshwanthpur. Though primarily a support zone for industrial workers, Shivapura maintains a distinct local identity with community-driven neighborhoods and essential civic amenities. The locality is surrounded by key areas such as Peenya Industrial Area Phase IV, Maruthi Nagar, Parvathi Nagar, and Chokkasandra, forming a dense urban cluster in northwest Bengaluru. While large-scale residential projects are currently absent, the demand for rental and affordable housing remains strong due to its accessibility and low-cost living options. Real estate in Shivapura is largely composed of independent homes, small apartment complexes, and layout developments like GKW Layout and SRS Layout, catering to middle- and lower-income groups. The absence of major new developments suggests a stable, non-speculative market. Connectivity is one of Shivapura’s strongest assets, with easy access to the Yeshwanthpur Metro Station and the Bangalore–Hubli Highway. The area is well-served by BMTC buses and lies within 5 km of key infrastructure like the Yeshwanthpur Railway Station and the upcoming North Bangalore Elevated Expressway. Despite limited high-end retail or recreational facilities, residents benefit from nearby markets in Peenya and Rajagopala Nagar. With ongoing urban expansion and industrial reliance, Shivapura continues to play a vital role in Bengaluru’s socio-economic fabric, particularly for working-class families and small entrepreneurs.

Region

Peenya

City

Bengaluru

District

Bengaluru Urban

State

Karnataka

Pincode

560058

Population

30,000

Schools

1

Nearest Airport

Kempegowda International Airport (BLR)

Neighbourhood Insights byPulse AI Logo

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The Good

Excellent connectivity to industrial and commercial hubs in Peenya and Yeshwanthpur

Low-cost residential options ideal for working-class families and tenants

Well-connected by BMTC buses and upcoming metro infrastructure

Locality price index icon

The Bad

Limited modern real estate developments and homebuying options

Minimal recreational spaces and high dependency on neighboring areas for amenities

NTTFNear Shivapura, Peenya, Bengaluru East Zone, Bengaluru

Aurum Price Index for Shivapura

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

4,150/sq. ft

Average Price Range

1,8009,378

Trend (5Y)

81.9%

Nearby Neighborhoods

Nellagadaranahalli

Nellagadaranahalli is a residential locality situated within Venugopal Nagar in the Bengaluru West Zone, bearing the PIN code 560073. Though relatively small in scale, it forms part of the expanding suburban fabric of western Bengaluru, offering a mix of independent homes and compact housing clusters. The area has gradually evolved from its earlier semi-rural character into a more developed neighborhood due to increasing urbanization and infrastructure growth in the region. While Nellagadaranahalli itself does not host large commercial or institutional hubs, it benefits from proximity to key areas like Gopal Nagar, Ganapathi Nagar, and Gruhalakshmi Layout, which provide access to essential amenities. Connectivity is primarily road-based, with links to major arteries such as Magadi Road and the Outer Ring Road, facilitating movement across the city. Public transport options include city buses, though metro connectivity remains limited. Real estate in Nellagadaranahalli remains largely underdeveloped compared to other parts of Bengaluru, with no major residential projects currently underway. Property transactions are mostly limited to resale plots and older homes, making it a niche market for budget-conscious buyers and investors seeking long-term appreciation. Its location in the West Zone positions it near upcoming civic improvements, though development pace remains moderate.

Avg. Rate

4,114/sq. ft

Locality Rating

4.1/10

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Peenya

Peenya, located in the Bengaluru East Zone, is one of the oldest industrial hubs in Bangalore, established during the 1960s as a key manufacturing belt by the Karnataka Industrial Area Development Board (KIADB). With a PIN code of 560058, it has evolved from a purely industrial zone into a mixed-use locality witnessing gradual residential and commercial development. The area is bounded by major roads like the Outer Ring Road (ORR) and Tumakuru Road, enhancing its strategic importance in the city’s urban fabric. Historically dominated by small and medium-scale industries, Peenya has seen a surge in real estate interest due to its proximity to tech corridors like Marathahalli and Whitefield, coupled with relatively affordable property prices compared to central Bangalore. The average price for a 2BHK apartment is around Rs. 1.17 Crore, with an average rate of Rs. 10,746 per square foot, making it moderately priced for the region. Despite limited new projects—only one major residential development currently—demand remains steady among middle-income buyers and investors. Connectivity is a major strength, with easy access to the ORR, NH-48, and the upcoming Bangalore Metro Pink Line (Line 5), which will significantly improve last-mile connectivity. The area is surrounded by well-established neighborhoods such as Lingarajapuram, Ramamurthy Nagar, and Vimanapura, offering a mix of residential comfort and industrial employment opportunities. While infrastructure is developing, essential amenities like schools, hospitals, and markets are within reach, contributing to improved livability.

Avg. Rate

4,521/sq. ft

Locality Rating

7.5/10

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Gopal Nagar

Gopal Nagar is a well-established residential locality situated in the Venugopal Nagar area of Bengaluru West Zone, bearing the postal code 560073. Nestled within the northern fringes of Bengaluru, it forms part of a mature neighborhood that has evolved steadily over the past few decades. The area is primarily composed of independent homes and smaller apartment complexes, reflecting a mix of traditional and modern living setups. Its proximity to major employment hubs and educational institutions has contributed to its gradual residential appeal. The locality benefits from its closeness to key arterial roads such as Hennur Road and Bellary Road, enabling relatively smooth access to central and northern parts of the city. While Gopal Nagar itself does not host large commercial developments, residents rely on nearby neighborhoods like Kalyan Nagar and Horamavu for daily necessities, healthcare, and schooling. The area is surrounded by established residential pockets including Gruhalakshmi Layout, Ganapathi Nagar, and Nellagadaranahalli, which add to its community-oriented character. Real estate in Gopal Nagar remains modest, with limited new projects reported and property transactions largely involving resale units. The absence of large-scale developments has preserved the quiet, residential nature of the area, though it also means slower appreciation compared to rapidly developing zones. Despite limited infrastructure upgrades, the locality continues to attract middle-income families seeking affordable housing with decent connectivity in North Bengaluru.

Avg. Rate

3,843/sq. ft

Locality Rating

4.2/10

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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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