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Ex-Servicemen Colony

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Avg. Rate

4,374/sq. ft

Locality rating icon

Locality Rating

4/10

Ex-Servicemen Colony is a residential locality situated in the Banaswadi area of Bengaluru East Zone, known for its peaceful environment and strong community presence. Developed primarily to accommodate retired armed forces personnel and their families, the colony reflects a disciplined and orderly layout with well-defined streets and modest housing. It falls under the PIN code 560043 and is surrounded by several planned layouts such as Kaggadasapura, OMBR Layout, and Chikka Banaswadi, contributing to its integration within the growing eastern corridor of Bengaluru. The area offers basic civic amenities and is well-connected to major employment hubs through arterial roads like the Outer Ring Road (ORR) and Old Madras Road. While the real estate market in Ex-Servicemen Colony remains relatively underdeveloped compared to neighboring zones, it features predominantly independent homes and low-rise apartments, attracting buyers seeking affordable residential options in a stable neighborhood. Proximity to industrial and tech clusters such as KR Puram and Marathahalli enhances its appeal for mid-income homebuyers and renters. Education and healthcare facilities are accessible within a short distance, with institutions like BGS Group of Institutions and Columbia Asia Hospital nearby. The locality also benefits from its closeness to commercial centers in Kaggadasapura and Ramamurthy Nagar, offering markets, banks, and daily necessities. Though not a high-density real estate hotspot, Ex-Servicemen Colony maintains steady demand due to its strategic location and community-oriented living.

Region

Banaswadi

City

Bengaluru

District

Bengaluru Urban

State

Karnataka

Pincode

560043

Population

9,000

Nearest Airport

Kempegowda International Airport (BLR)

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Locality price index icon

The Good

Offers a quiet and secure environment ideal for families and retirees

Well-connected to major employment centers via Old Madras Road and ORR

Affordable property options compared to other parts of East Bangalore

Locality price index icon

The Bad

Limited availability of new real estate projects and modern apartments

Inadequate last-mile connectivity and sparse public transport options

Aurum Price Index for Ex-servicemen colony

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

4,374/sq. ft

Average Price Range

1,80010,310

Trend (5Y)

90%

Nearby Neighborhoods

Shamanna Layout

Shamanna Layout is a well-established residential neighborhood located in the Banaswadi area of East Bangalore, falling under the Bengaluru East Zone. It shares the PIN code 560043 and is surrounded by several prominent layouts such as Kaggadasapura, Chikka Banaswadi, and OMBR Layout, contributing to its integration within the city's growing eastern corridor. The locality has evolved over the decades as a preferred choice for middle-income families and working professionals seeking affordable housing with decent connectivity. Though not a major hub for new real estate developments, Shamanna Layout features a mix of independent homes, older apartment complexes, and plotted developments. Property prices remain relatively moderate compared to central or southern parts of Bangalore, making it attractive for budget-conscious buyers. The absence of large-scale ongoing projects indicates a mature, fully developed neighborhood with limited scope for new launches. Connectivity is a key strength, with proximity to major roads like Old Madras Road and KR Puram Road enabling access to IT hubs, railway stations, and the Kempegowda International Airport. The area is supported by essential civic infrastructure including schools, clinics, and local markets, though it lacks large shopping malls or metro connectivity. Shamanna Layout continues to hold steady demand due to its affordability and strategic location in East Bangalore.

Avg. Rate

3,883/sq. ft

Locality Rating

4.7/10

Explore Neighbourhood

Subaiya Reddy Layout

Subaiya Reddy Layout is a well-established residential locality situated in the Banaswadi area of East Bengaluru, falling under the Bengaluru East Zone. It shares the PIN code 560043 and is part of a cluster of small, community-driven layouts that have evolved over the past few decades. The area is primarily composed of independent homes and smaller apartment complexes, reflecting a mix of middle-class and upper-middle-class housing. Its proximity to major employment hubs and transport corridors has steadily increased its residential appeal. The locality benefits from its integration within the larger Banaswadi ecosystem, which offers access to essential civic amenities, schools, and healthcare facilities. While Subaiya Reddy Layout itself is not home to large-scale commercial developments, it is surrounded by active residential neighborhoods such as Kaggadasapura, Chikka Banaswadi, and OMBR Layout, which contribute to its livability. The area has seen gradual infrastructural upgrades, including improved road networks and drainage systems, though challenges like traffic congestion during peak hours persist. Real estate in Subaiya Reddy Layout remains relatively stable, with limited new projects indicating a mature market. Property transactions are mostly resale-driven, catering to end-users seeking affordable yet well-connected homes in East Bangalore. The absence of large builder developments keeps the neighborhood's character grounded and community-oriented. Its location near key arterial roads ensures it remains a practical choice for professionals working in IT corridors or central business districts.

Avg. Rate

4,373/sq. ft

Locality Rating

4.7/10

Explore Neighbourhood

OMBR Layout

OMBR Layout, located in Banaswadi within the Bengaluru East Zone, is a well-established residential locality known for its peaceful environment and proximity to key parts of the city. With a PIN code of 560043, it falls under the administrative jurisdiction of BBMP and is part of the growing northern corridor of Bangalore. The area originated as a planned layout developed to accommodate the increasing demand for housing in the eastern suburbs, and it has since evolved into a close-knit residential community. Characterized by a mix of independent homes, apartment complexes, and undeveloped plots, OMBR Layout offers a balanced lifestyle with access to essential amenities and transportation links. While it does not currently host any major upcoming real estate projects, the area attracts buyers seeking affordable housing options away from the city’s congestion. Its location near major roads ensures decent connectivity to employment hubs in IT corridors and central Bangalore. The locality is surrounded by several other well-known layouts such as Chikka Banaswadi, Kaggadasapura, and MS Nagar, contributing to a vibrant neighborhood ecosystem. Residents benefit from nearby markets, schools, and healthcare facilities, making daily life convenient. Though not a prime real estate hotspot, OMBR Layout remains a practical choice for middle-income families and long-term investors looking for value appreciation in Bengaluru’s expanding northern belt.

Avg. Rate

4,164/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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