New Launch - India Real Estate Report 2026.

Chelekare

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Avg. Rate

4,192/sq. ft

Locality rating icon

Locality Rating

5.6/10

Chelekare is a well-established residential locality situated within the larger Kalyan Nagar area in the eastern part of Bengaluru, falling under the Bengaluru East Zone. It shares the PIN code 560043 and is nestled amidst several prominent neighborhoods such as HRBR Layout, Chikkatayappa Reddy Layout, and Bapunagar, contributing to its strategic location in the city's growing northern corridor. Though primarily a residential pocket, Chelekare benefits from its proximity to major employment hubs like ITPL and KR Puram, making it a practical choice for professionals working in the eastern and northeastern parts of the city. The area features a mix of independent homes, older apartment complexes, and plotted developments, reflecting its gradual evolution over the past few decades. While there are no large-scale ongoing real estate projects currently listed, the demand for properties in Chelekare remains steady due to its affordability compared to newer layouts in Kalyan Nagar and Indiranagar. The real estate here is largely driven by resale units, with moderate price appreciation observed over recent years. Chelekare enjoys access to essential civic infrastructure, including water, electricity, and drainage, though some pockets still face challenges with road maintenance and stormwater management. Its connectivity is bolstered by its closeness to key arterial roads, and residents have easy access to schools, healthcare centers, and commercial hubs in neighboring localities. With ongoing urbanization and the expansion of the metro network nearby, Chelekare is gradually transforming into a more integrated part of Bengaluru's urban fabric.

Region

Kalyan Nagar

City

Bengaluru

District

Bengaluru Urban

State

Karnataka

Pincode

560043

Population

9,000

Schools

4

Nearest Airport

Kempegowda International Airport (BLR)

Neighbourhood Insights byPulse AI Logo

Locality price index icon

The Good

Strategic location near major employment centers like ITPL and KR Puram

Well-connected to surrounding areas with access to schools and hospitals

Relatively affordable compared to premium neighborhoods like Indiranagar

Locality price index icon

The Bad

Lack of large-scale new real estate developments

Some areas face drainage and road maintenance issues during monsoon

80 Feet Road Kalyan NagaraNear Chelekare, Kalyan Nagar, Bengaluru East Zone, Bengaluru
Kalyananagara Bus StandNear Chelekare, Kalyan Nagar, Bengaluru East Zone, Bengaluru
Mariyamma LayoutNear Chelekare, Kalyan Nagar, Bengaluru East Zone, Bengaluru

Aurum Price Index for Chelekare

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

4,192/sq. ft

Average Price Range

1,8009,578

Trend (5Y)

84.3%

Nearby Neighborhoods

Kalyan Nagar

Kalyan Nagar is a rapidly developing residential and commercial hub in North Bangalore, located in the Bengaluru East Zone with the PIN code 560043. Bounded by Hennur Bagalur Road, HRBR Layout, Kammanahalli, and Banaswadi, the locality enjoys strategic positioning that enhances its connectivity to major employment and urban centers. Its proximity to key arterial roads like NH 44 (formerly NH 7), AH 45, and the Outer Ring Road (ORR), along with wide 80 ft and 100 ft roads, ensures seamless vehicular movement across the city. The area has witnessed significant real estate growth, with an average 2BHK property priced at ₹1.05 crore and an average price per square foot of ₹8,759. Notable developers such as NCN Developers, SLV Projects, Gina Developers, and Sri Saila Constructions have launched projects here, drawn by rising demand and upcoming infrastructure. The proposed alternate airport access route to Kempegowda International Airport is expected to further boost property values in the coming years. Kalyan Nagar offers a balanced lifestyle with access to reputed schools like The Princeton School and Royale Concorde International School, healthcare facilities such as North Bangalore Hospital, and proximity to major IT hubs including Manyata Embassy Business Park and Bagmane Tech Park. While public transport relies heavily on BMTC buses due to limited metro access, the locality remains a preferred choice for families and professionals seeking well-connected, green, and amenity-rich living spaces in North Bangalore.

Avg. Rate

3,573/sq. ft

Locality Rating

8.2/10

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Arkavathy Layout

Arkavathy Layout is a residential neighborhood located in the Hennur Gardens area of North-East Bangalore, falling under the Bengaluru East Zone. It is part of the rapidly developing corridor that connects Hennur to the Outer Ring Road (ORR), benefiting from improved urban infrastructure and accessibility. The locality, identified by the PIN code 560043, comprises primarily independent homes and plotted developments, with limited multi-story apartment projects, reflecting its semi-urban character and appeal to families seeking quieter living spaces. Situated close to major employment hubs like Manyata Tech Park and IT industries along Bellandur and ORR, Arkavathy Layout serves as an affordable alternative to more expensive neighborhoods in North Bangalore. While the area lacks large-scale real estate developments, it offers proximity to essential amenities such as schools, hospitals, and grocery markets, many of which are shared with neighboring layouts like Devatha Layout and Hennur Bande. Its real estate market remains relatively under-the-radar, attracting buyers looking for budget-friendly plotted homes in a growing locality. Connectivity is a key strength, with New Airport Road and Hennur Main Road providing smooth access to Kempegowda International Airport, Hebbal, and central Bangalore. Though public transport options are limited, auto-rickshaws and private vehicles remain the primary modes of commute. As part of Bangalore’s expanding suburban footprint, Arkavathy Layout is gradually witnessing infrastructural upgrades, including better road paving and drainage systems, though challenges like inconsistent water supply and sewage management persist in pockets.

Avg. Rate

4,551/sq. ft

Locality Rating

4/10

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Babusabpalya

Babusabpalya is a residential locality situated within the Hennur Gardens area in the Bengaluru East Zone, known for its peaceful environs and proximity to major tech hubs. It falls under the PIN code 560043 and is part of the larger Hennur belt, which has witnessed steady urban expansion over the past decade. The area is primarily composed of independent homes and small-scale residential layouts, with limited high-rise developments, offering a suburban lifestyle away from the city’s congestion. Babusabpalya is surrounded by several well-established neighborhoods such as Hennur Bande, Divya Unnathi Layout, and Golden Colony, contributing to its growing real estate appeal. While the locality lacks large commercial centers within its immediate vicinity, it benefits from access to nearby markets, schools, and healthcare facilities via Hennur Road and the Outer Ring Road. The presence of multiple residential layouts like Balachandra Layout and Prakruthi Twp indicates gradual development and demand for housing. Connectivity in Babusabpalya is enhanced by its closeness to key arterial roads including Hennur Main Road and the New Airport Road, providing access to central and northern parts of Bengaluru. Though there are no major ongoing real estate projects reported in the area, its affordability compared to central localities makes it a consideration for budget-conscious homebuyers. The region remains largely residential, with green spaces and quieter streets defining its character.

Avg. Rate

3,597/sq. ft

Locality Rating

5.3/10

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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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