New Launch - India Real Estate Report 2026.

Binnipete

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Avg. Rate

₹ 3,888/sq. ft

Locality rating icon

Locality Rating

6.9/10

Binnipete, located in the Bengaluru West Zone with the PIN code 560023, is a historic locality that reflects the city's layered evolution from a serene garden city to a bustling tech and commercial hub. Nestled close to the central transport nodes of Bengaluru, Binnipete offers a unique blend of old-world charm and urban convenience, with narrow lanes housing traditional homes alongside modern apartments and commercial establishments. The area has retained its cultural essence, evident in its local markets, temples, and community gatherings, while adapting to the growing demands of city life. The locality enjoys excellent connectivity, making it a preferred choice for professionals and families alike. It lies within close proximity to major employment hubs like MG Road, Cubbonpet, and the Central Business District, with seamless access via Bellary Road and the Inner Ring Road. Public transport options, including BMTC buses and the upcoming Metro expansions, ensure hassle-free commutes across the city, while Kempegowda International Airport is reachable within 40 minutes via NH 44. Real estate in Binnipete remains relatively underdeveloped in terms of large-scale projects, with only one major residential development recorded so far, offering potential for future growth. Property prices are yet to be widely standardized due to limited inventory, but the area's strategic location and ongoing infrastructure upgrades suggest gradual appreciation. Residents benefit from a mix of affordable housing, local markets, and essential amenities, making Binnipete a promising pocket for both living and investment in central Bengaluru.

Region

Bengaluru

City

Bengaluru

District

Bengaluru Urban

State

Karnataka

Pincode

560023

Population

28,000

Schools

3

Nearest Airport

Kempegowda International Airport (BLR)

Neighbourhood Insights byPulse AI Logo

Locality price index icon

The Good

Presence of parks and recreational spaces.

Accessibility to railway stations and bus terminals.

Good connectivity to the airport.

Locality price index icon

The Bad

Traffic congestion during peak hours.

5th Cross Magadi RoadNear Binnipete, Bengaluru West Zone, Bengaluru
Sujatha TalkiesNear Binnipete, Bengaluru West Zone, Bengaluru

Aurum Price Index for Binnipete

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

₹ 3,888/sq. ft

Average Price Range

₹ 1,800 – 8,351

Trend (5Y)

▲ 73.3%

Nearby Neighborhoods

Binnipete

Binnipete is a residential locality situated within Kempapura Agrahara in the Central Zone of Bengaluru, Karnataka. It falls under the postal code 560023 and is part of the historic core of the city, reflecting a blend of traditional agrahara settlement patterns and modern urban development. Though not a major real estate hub, Binnipete offers a quiet residential environment close to key city areas and is surrounded by well-established neighborhoods like Bhuvaneshwari Nagar and Telecom Layout. The area is primarily composed of independent homes and older residential structures, with limited new construction or organized housing projects. Real estate activity remains minimal, with no major ongoing developments reported, making it a low-density pocket in central Bengaluru. Property pricing data is sparse due to infrequent transactions, but affordability relative to central Bangalore averages makes it attractive for long-term residents. Connectivity in Binnipete is facilitated through proximity to major roads like Bellary Road (NH-44) and proximity to Yeshwanthpur and Hebbal corridors. While public transport access is indirect, residents rely on nearby hubs for metro, rail, and bus services. The locality benefits from its location in a well-serviced urban zone with access to schools, markets, and healthcare within adjacent neighborhoods.

Avg. Rate

₹ 4,276/sq. ft

Locality Rating

4.2/10

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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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