Avg. Rate
₹ 3,888/sq. ft
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)
Presence of parks and recreational spaces.
Accessibility to railway stations and bus terminals.
Good connectivity to the airport.
Traffic congestion during peak hours.
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
₹ 3,888/sq. ft
Average Price Range
₹ 1,800 – 8,351
Trend (5Y)
▲ 73.3%
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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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