Avg. Rate
₹ 7,461.25/sq. ft
Locality Rating
4/10
1st Block, located in the Nagasandra area of Bengaluru North Zone, is a well-established residential neighborhood with a mix of independent homes and small apartment complexes. Part of the larger HMT Layout ecosystem, this locality has evolved over decades, primarily shaped by the presence of the Hindustan Machine Tools (HMT) factory, which once housed a significant workforce. The area is officially marked with the PIN code 560073 and is administratively grouped under the Yelahanka zone of BBMP, contributing to its structured development. While 1st Block does not host large-scale real estate projects today, it remains a sought-after pocket due to its affordability and proximity to key employment hubs like Hebbal and Manyata Tech Park. The real estate market is largely composed of resale properties, with moderate demand from middle-income families and tenants. Limited new construction keeps the skyline low-rise and the environment relatively quiet compared to rapidly developing parts of North Bangalore. Connectivity is a major strength, with Tumakuru Road (NH-48) providing seamless access to central and northern parts of the city. The area benefits from upcoming infrastructure upgrades, including the expansion of the Bengaluru Metro network. Despite its modest profile, 1st Block offers a stable, community-oriented living experience, ideal for those prioritizing convenience and affordability over luxury amenities.
Region
Nagasandra
City
Bengaluru
District
Bengaluru
State
Karnataka
Pincode
560073
Population
Estimated population of around 12,000–15,000 residents (based on 2011 census projections for HMT Layout clusters)
Nearest Airport
Kempegowda International Airport (BLR)
Well-connected via major road and upcoming metro links
Affordable property rates compared to central Bangalore
Established residential community with local amenities
Limited new real estate developments and modern infrastructure
Inconsistent road maintenance and drainage during monsoon
Timeline
Average Rate
₹ 7,461.25/sq. ft
Average Price Range
₹ 1,800 – ₹ 9,150
Trend (5Y)
▲ 80.2%
Rates and Trends
Stay on top of live property rates, neighborhood trends, and market momentum at a glance.
CIBIL Tracker
Track CIBIL score movements, inquiry impact, and credit usage to stay home-loan ready.
Home Loan EMI Calculator
EMIs in seconds, interest vs principal split, and map the full amortization schedule for smarter budgeting.
Unit Converter
Convert property measurements instantly between sq ft, sq m, sq yards, and cents for accurate comparisons.
Loan Transfer Calculator
Calculate your savings on transferring an existing home loan to a lender offering a lower interest rate.
SIP Calculator
Project your real estate investment growth with SIP returns, wealth creation estimates, and goal-based planning.


Ask Pulse Ai anything about real estate
News, Infographics, Blogs & More! Delivered to your inbox.