Avg. Rate
₹ 3,573/sq. ft
Locality Rating
5/10
Colony New 515 is a residential locality situated in the New Tippasandra area of Bengaluru East Zone, falling under the 560075 postal code. It is part of a cluster of planned residential colonies developed to accommodate the growing demand for affordable housing in eastern Bangalore. The area has evolved over the years as a preferred choice for middle-income families and working professionals seeking budget-friendly homes with decent access to employment hubs. While Colony New 515 does not currently host any major real estate developments or high-rise projects, it features a mix of independent houses and smaller residential layouts. The locality benefits from proximity to key areas such as HAL 3rd Stage and Jeevan Bima Nagar, offering residents access to essential amenities including schools, markets, and healthcare facilities within a short distance. Connectivity in Colony New 515 is primarily dependent on road networks linking it to major arterial roads like Old Airport Road and KR Puram Road. Although public transport options are available via nearby bus routes, the area lacks direct metro connectivity, which remains a constraint for daily commuters. Nonetheless, its strategic location within Bengaluru East makes it a potential candidate for future urban expansion.
Region
New Tippasandra
City
Bengaluru
District
Bengaluru Urban
State
Karnataka
Pincode
560075
Population
9,000
Nearest Airport
Kempegowda International Airport (BLR)
Offers budget-friendly residential options for middle-income families
Well-connected to major employment hubs via Old Airport Road
Proximity to established neighborhoods with schools and hospitals
No direct metro connectivity currently available
Limited organized real estate projects and modern housing 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
₹ 3,573/sq. ft
Average Price Range
₹ 1,800 – 7,088
Trend (5Y)
▲ 59.5%
Rates and Trends
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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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