New Launch - India Real Estate Report 2026.

Gori Palya

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Avg. Rate

₹ 3,758/sq. ft

Locality rating icon

Locality Rating

4.5/10

Gori Palya is a residential locality situated within the larger neighborhood of Padarayana Pura in the Bengaluru Central Zone, bearing the PIN code 560026. Historically a quiet settlement, it has gradually evolved into a modest residential enclave, primarily occupied by middle-income families and working professionals seeking affordable housing options close to the city center. Though not a major commercial hub, the area benefits from its proximity to key roads and essential amenities, making it a functional part of urban Bengaluru. The real estate in Gori Palya is predominantly composed of independent homes and older apartment buildings, with no major new developments reported as of recent data. Property prices remain relatively affordable compared to neighboring localities, though specific average rates per square foot or for 2BHK units are not widely documented due to limited transaction volume. The absence of large-scale projects suggests a stable, low-density residential character. Connectivity is a key strength of Gori Palya, with easy access to major arterial roads such as Tannery Road and Old Madras Road, facilitating commutes to central business districts like Shivajinagar and MG Road. The locality is surrounded by well-established neighborhoods including Devaraj Urs Nagar and Vinayaka Nagar, enhancing its integration within the urban fabric of central Bengaluru.

Region

Padarayana Pura

City

Bengaluru

District

Bengaluru Urban

State

Karnataka

Pincode

560026

Population

9,000

Nearest Airport

Kempegowda International Airport (BLR)

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Locality price index icon

The Good

Well-connected to central business areas via Old Madras Road and Tannery Road

Offers relatively affordable residential options in a central Bangalore location

Proximity to essential amenities like schools, markets, and healthcare centers

Locality price index icon

The Bad

Limited new real estate developments and modern infrastructure

Road conditions and drainage can be poor during monsoon season

Sirsi CircleNear Gori Palya, Padarayana Pura, Bengaluru Central Zone, Bengaluru

Aurum Price Index for Gori palya

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

₹ 3,758/sq. ft

Average Price Range

₹ 1,800 – 7,871

Trend (5Y)

▲ 69.6%

Nearby Neighborhoods

Jagajeevanram Nagar

Jagajeevanram Nagar is a well-established residential locality in Central Bangalore, situated within the Bengaluru North Zone and falling under the PIN code 560026. Nestled close to major hubs like Majestic and Vijayanagar, it benefits from strong urban connectivity and access to essential civic infrastructure. The area is surrounded by prominent neighborhoods such as Padarayana Pura, Cholur Palya, Chamrajpet, and Bapuji Nagar, enhancing its integration into the city's socio-urban fabric. Over the years, it has evolved into a sought-after residential pocket due to its balanced mix of affordability and accessibility. The real estate market in Jagajeevanram Nagar features modest growth with an average 2BHK property priced at approximately Rs. 1.34 Crore, translating to Rs. 17,308 per square foot. With three ongoing residential projects, the locality attracts middle-income buyers and investors seeking value in a central location. Despite limited new developments, demand remains steady due to proximity to employment zones, educational institutions, and healthcare centers. The presence of BBMP-maintained parks and community gardens adds to the area’s liveability. Residents enjoy easy access to key transport arteries including the Outer Ring Road (ORR), NICE Junction, and Satellite Bus Station, making intercity and intracity commutes manageable. The area is also near existing metro stations, improving last-mile connectivity. Essential amenities such as schools like Blossom Public School and JAIHIND PU & Degree College, along with hospitals like Spine Care and Ortho Care Hospital and New Life Hospital, are within close reach. While traffic congestion can be a challenge during peak hours, especially near Vijayanagar and Majestic corridors, the overall infrastructure supports a functional urban lifestyle.

Avg. Rate

₹ 3,913/sq. ft

Locality Rating

6/10

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Ranganatha Colony

Ranganatha Colony is a well-established residential locality situated within Jagajeevanram Nagar in the North Zone of Bengaluru, Karnataka. It falls under the postal code 560026 and is surrounded by prominent neighborhoods such as Obalesh Colony, Binny Pete, Rayapuram, and Padarayanapura, contributing to its integrated urban character. Historically developed as a planned residential enclave, the area has evolved into a densely populated neighborhood serving middle-income families and working professionals seeking affordable housing in North Bengaluru. The real estate market in Ranganatha Colony is relatively compact, with limited new developments — currently hosting just one major residential project. Property prices hover around an average of Rs. 17,065 per square foot, making it a moderately priced option in the region. While large-scale luxury apartments are rare, the area offers a mix of independent homes, resale flats, and smaller apartment complexes catering to budget-conscious buyers. Connectivity in Ranganatha Colony is supported by proximity to key arterial roads like Bellary Road and Tumkur Road, providing access to major employment hubs such as Hebbal, Manyata Tech Park, and the upcoming North Bangalore IT corridor. The locality benefits from nearby civic amenities including schools, local markets, and healthcare centers, although large-scale infrastructure like metro rail is still developing in the vicinity.

Avg. Rate

₹ 4,366/sq. ft

Locality Rating

4.3/10

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Padarayana Pura

Padarayana Pura is a well-established residential locality situated in the Central Zone of Bengaluru, within the bustling south-central part of the city. It falls under the postal code 560026 and is nestled amidst several prominent neighborhoods such as Chamrajpet, Basavanagudi, and Kalasipalya, offering a strategic location close to both commercial hubs and cultural landmarks. The area has evolved over decades as a traditional residential pocket, retaining a quiet, community-oriented atmosphere despite its proximity to busy urban centers. Characterized by a mix of independent homes, older apartment complexes, and redevelopment projects, Padarayana Pura reflects the gradual transformation of central Bengaluru’s real estate landscape. While large-scale new developments are currently limited, the demand remains steady due to excellent connectivity and access to essential amenities. The locality benefits from its closeness to major roads like Mysore Road and Magadi Road, enabling smooth commutes across the city. Residents enjoy easy access to educational institutions, healthcare facilities, markets, and religious sites, contributing to a self-sufficient living environment. Its adjacency to heritage neighborhoods adds cultural richness, while ongoing infrastructure improvements, including metro connectivity, are enhancing its appeal. Though property prices and per-square-foot rates are not widely documented due to limited new launches, the area is considered stable with long-term potential for value appreciation.

Avg. Rate

₹ 3,746/sq. ft

Locality Rating

6.4/10

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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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