Avg. Rate
₹ 3,995/sq. ft
Locality Rating
4.3/10
Bank Colony is a well-established residential locality situated in Konanakunte, under the Bengaluru South Zone, with the PIN code 560062. Originally developed to house banking professionals, the area has evolved into a sought-after residential pocket known for its peaceful environment and community-centric living. Over time, it has expanded into adjacent areas like Old Bank Colony, New Bank Colony, and PNB Layout, reflecting steady organic growth. The locality is primarily composed of independent homes and small apartment complexes, with limited high-rise developments. Strategically located, Bank Colony benefits from proximity to major IT hubs such as HSR Layout, Electronic City, and BTM Layout, making it convenient for professionals working in the southern part of Bengaluru. The area enjoys access to essential civic infrastructure, including reliable water and electricity supply, and is surrounded by several educational institutions and healthcare centers. Although real estate development has been moderate, with no large-scale ongoing projects, property demand remains stable due to its reputation for safety and accessibility. The neighborhood is well-integrated with surrounding localities such as Doddakallasandra, Munireddy Layout, and Soudamini Layout, contributing to a cohesive residential fabric. Residents benefit from nearby markets, parks, and community centers that enhance day-to-day convenience. While the area lacks metro connectivity at present, road networks provide efficient access to key arterial roads, supporting smooth commutes across the city. Bank Colony continues to attract homebuyers seeking a balanced lifestyle within the southern suburbs of Bengaluru.
Region
Konanakunte
City
Bengaluru
District
Bengaluru Urban
State
Karnataka
Pincode
560062
Population
9,000
Nearest Airport
Kempegowda International Airport (BLR)
Safe and quiet neighborhood with low crime rates
Close to reputed schools and hospitals
Good road connectivity to major employment hubs
No direct metro access currently
Limited organized retail and entertainment options
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
₹ 3,995/sq. ft
Average Price Range
₹ 1,800 – 8,840
Trend (5Y)
▲ 79.1%
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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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