Avg. Rate
₹ 4,374/sq. ft
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)
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
Limited availability of new real estate projects and modern apartments
Inadequate last-mile connectivity and sparse public transport 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
₹ 4,374/sq. ft
Average Price Range
₹ 1,800 – 10,310
Trend (5Y)
▲ 90%
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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