New Launch - India Real Estate Report 2026.

1st Stage

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Avg. Rate

₹ 4,355/sq. ft

Locality rating icon

Locality Rating

4.3/10

1st Stage, located in the Srirampura area of central Bengaluru, is a well-established residential neighbourhood in the Bengaluru Central Zone. It falls under the 560021 postal code and forms part of the city's older urban fabric, developed primarily during the mid-to-late 20th century. The area is known for its dense residential layout, with a mix of independent homes, rental apartments, and older apartment complexes catering to middle-income families and working professionals. Strategically positioned near key employment hubs and educational institutions, 1st Stage benefits from strong connectivity via major roads like Infantry Road and Magrath Road, linking it to central business districts such as MG Road and Shivajinagar. Public transport is easily accessible, with frequent city buses and proximity to the Namma Metro, enhancing its appeal for daily commuters. While large-scale real estate projects are currently absent, the locality sees steady demand for resale and rental units. The neighbourhood offers essential amenities including schools, healthcare centres, grocery stores, and local markets within walking distance or a short commute. Its integration with adjacent localities like Yashoda Nagar, Ramchandrapuram, and Saibaba Nagar creates a cohesive urban community with shared infrastructure. Though not a luxury residential zone, 1st Stage remains a practical and affordable choice for those seeking central city living in Bengaluru.

Region

Srirampura

City

Bengaluru

District

Bengaluru Urban

State

Karnataka

Pincode

560021

Population

27,500

Nearest Airport

Kempegowda International Airport (BLR)

Neighbourhood Insights byPulse AI Logo

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The Good

Excellent connectivity to central Bengaluru via road and public transport

Affordable housing options compared to newer suburbs

Close access to schools, hospitals, and daily-use markets

Locality price index icon

The Bad

Limited availability of modern apartment projects

Congested roads and parking challenges during peak hours

Kanamara BankNear 1st Stage, Srirampura, Bengaluru Central Zone, Bengaluru

Aurum Price Index for 1st stage

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

₹ 4,355/sq. ft

Average Price Range

₹ 1,800 – 10,230

Trend (5Y)

▲ 89.4%

Nearby Neighborhoods

Okalipuram

Okalipuram is a well-established residential locality situated within Srirampura in the Bengaluru Central Zone, known for its convenient access to key parts of the city and its blend of traditional and modern living. With a PIN code of 560021, it lies close to several prominent neighborhoods including Saibaba Nagar, Ramchandrapuram, and Yashoda Nagar, contributing to its strategic location in central Bengaluru. Historically a working-class settlement, Okalipuram has gradually evolved into a sought-after residential pocket due to infrastructural upgrades and rising demand for affordable housing near the city core. The area features a mix of independent homes, rental apartments, and a limited number of modern residential projects, with property rates averaging around Rs. 26,030 per square foot. While real estate development is still emerging—evidenced by only one major project currently—its proximity to employment hubs, educational institutions, and healthcare facilities continues to attract young professionals and families. The locality benefits from ongoing civic improvements, although some pockets still face challenges related to road quality and drainage. Connectivity in Okalipuram is strong, with easy access to major roads such as Magadi Road and the Inner Ring Road, enabling smooth commutes to IT corridors in Rajajinagar, Malleswaram, and beyond. Public transport options including BMTC buses are readily available, and the upcoming metro connectivity is expected to further boost its real estate appeal. Amenities such as grocery stores, pharmacies, schools, and clinics are within walking distance, making daily life convenient for residents.

Avg. Rate

₹ 3,772/sq. ft

Locality Rating

4.7/10

Explore Neighbourhood

Yashoda Nagar

Yashoda Nagar is a well-established residential locality situated within the Srirampura area of central Bengaluru, falling under the Bengaluru Central Zone. It shares the postal code 560021 and is nestled amidst a cluster of prominent neighborhoods such as Ramchandrapuram, Okalipuram, and Saibaba Nagar. Historically developed as a part of the city's mid-20th century expansion, Yashoda Nagar has evolved into a densely populated, mixed-use area with a strong community presence and modest infrastructure. The locality offers basic urban amenities and is primarily composed of independent homes, rental apartments, and small-scale residential complexes. While it lacks large, branded real estate developments, it remains a preferred choice for middle-income families and working professionals seeking affordable housing in central Bangalore. Property prices and per-square-foot rates are not widely tracked due to the absence of major ongoing or completed housing projects. Yashoda Nagar benefits from its central location, providing relatively easy access to key employment hubs, educational institutions, and transport networks. Its proximity to major roads and public transit options enhances connectivity, although traffic congestion during peak hours can be a challenge. The area maintains a traditional neighborhood character with active local markets and community spaces, contributing to its liveability for long-term residents.

Avg. Rate

₹ 4,520/sq. ft

Locality Rating

4.1/10

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M.G. Railway Colony

M.G. Railway Colony is a well-established residential locality situated in Sevashrama, under the Bengaluru Central Zone, with the PIN code 560023. Originally developed to house railway employees and their families, the area retains a strong sense of community and historical significance tied to the Southern Railway. Its proximity to key transport hubs makes it a strategically located neighborhood in central Bengaluru. The locality is surrounded by prominent areas such as Majestic, Shastri Nagar, and Swatantra Palya, offering residents easy access to commercial centers, educational institutions, and healthcare facilities. Despite limited new real estate development, M.G. Railway Colony remains a preferred choice for those seeking affordable housing with excellent connectivity. Real estate in M.G. Railway Colony primarily consists of older railway quarters and independent homes, with minimal new construction activity. The area is well-connected by road and rail, making it ideal for commuters working in central Bengaluru or nearby IT corridors. Its mature infrastructure and central location contribute to steady demand for rental and resale properties.

Avg. Rate

₹ 3,770/sq. ft

Locality Rating

4.3/10

Explore Neighbourhood

Frequently Asked Questions

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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