New Launch - India Real Estate Report 2026.

Banaswadi

Avg rate icon

Avg. Rate

2,361/sq. ft

Locality rating icon

Locality Rating

7.5/10

Banaswadi is a well-established residential locality situated in the eastern part of Bengaluru, falling under the Bengaluru East Zone with the PIN code 560043. Historically a quiet suburb, it has evolved into a sought-after residential hub due to its strategic location and steady infrastructure development. The area is surrounded by prominent neighborhoods such as Lingarajapuram, Ramamurthy Nagar, Jeevan Bima Nagar, and Vimanapura, contributing to its integration within the city’s urban fabric. While large-scale real estate projects are limited, the demand for independent homes and resale apartments remains consistent. Connectivity in Banaswadi is a major advantage, with easy access to key arterial roads like the Outer Ring Road (ORR) and Old Madras Road, enabling swift commutes to IT hubs in Whitefield, KR Puram, and Marathahalli. The area benefits from proximity to the Bengaluru Metro’s Pink Line (Line 4), with the Banaswadi Metro Station located centrally, enhancing last-mile connectivity. Basic civic amenities, schools, hospitals, and markets are well-distributed, supporting a comfortable urban lifestyle. Banaswadi offers a balanced living environment, combining residential tranquility with urban convenience. Green spaces like the nearby Nandi Hills and proximity to the Varthur Lake region add to the area’s appeal, though localized flooding can be a concern during heavy rains. The social fabric is a mix of long-term residents and newer migrants, creating a diverse yet close-knit community. While real estate prices and per-square-foot rates are not officially tracked due to limited new developments, property values have appreciated steadily owing to improved connectivity and neighborhood upgrades.

Region

Bengaluru

City

Bengaluru

District

Bengaluru Urban

State

Karnataka

Pincode

560043

Population

80,000

Schools

5

Nearest Airport

Kempegowda International Airport (BLR)

Neighbourhood Insights byPulse AI Logo

Locality price index icon

The Good

Excellent metro and road connectivity to major employment centers

Established neighborhood with reliable civic infrastructure and schools

Affordable housing compared to adjacent areas like KR Puram and Whitefield

Locality price index icon

The Bad

Limited new real estate developments and housing inventory

Occasional waterlogging during monsoon due to drainage issues

Ayyappa BakeryNear Banaswadi, Bengaluru East Zone, Bengaluru
Indian Oil SevanagarNear Banaswadi, Bengaluru East Zone, Bengaluru
Maruthi SchoolNear Banaswadi, Bengaluru East Zone, Bengaluru
New Baldwin SchoolNear Banaswadi, Bengaluru East Zone, Bengaluru

Aurum Price Index for Banaswadi

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

2,361/sq. ft

Average Price Range

1,1844,761

Trend (5Y)

63.7%

Nearby Neighborhoods

Dooravani Nagar

Dooravani Nagar is a well-established residential neighborhood located in the eastern part of Bengaluru, falling under the Bengaluru East Zone with the PIN code 560016. Developed over several decades, it offers a mix of independent homes, apartments, and gated communities catering to middle- and upper-middle-class families. The area is known for its relatively peaceful environment compared to the bustling central parts of the city, while still maintaining strong connectivity to major employment hubs like Whitefield, Marathahalli, and ITPL. Real estate in Dooravani Nagar has seen steady appreciation, with the average price for a 2BHK apartment hovering around ₹1.2 crore and an average rate of ₹11,508 per square foot. Despite having only three major residential projects recently launched, demand remains stable due to the area’s affordability relative to neighboring localities and its proximity to key infrastructure. The housing stock is a blend of older layouts and newer developments, offering options for both homebuyers and investors. The locality benefits from access to essential civic amenities, including schools, hospitals, grocery markets, and religious institutions, making it a self-sufficient residential enclave. Its strategic location near major arterial roads ensures ease of commute, while nearby neighborhoods like Jeevan Bima Nagar, Doddanekkundi, and Vimanapura contribute to a vibrant urban fabric. Dooravani Nagar continues to evolve as a preferred residential destination for those seeking a balance between cost, convenience, and connectivity in East Bangalore.

Avg. Rate

3,720/sq. ft

Locality Rating

6.7/10

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

Pexo Icon

Ask Pulse Ai anything about real estate

Unlock the Latest in Real Estate

News, Infographics, Blogs & More! Delivered to your inbox.

Proptech Pulse Logo

Data that drives action.
Insight that inspires action.
Technology that empowers action.“

Made with Love

Statue

© PropTech Pulse 2026, All rights reserved.

Terms of Use and Privacy Policy