New Launch - India Real Estate Report 2026.

HGR Colony

Avg rate icon

Avg. Rate

4,693/sq. ft

Locality rating icon

Locality Rating

4.1/10

HGR Colony is a well-established residential locality situated in the Yeswanthpur area of North Bengaluru, falling under the Bengaluru North Zone. It shares the PIN code 560022 and is strategically located near key industrial and residential hubs, making it a functional part of the city's urban fabric. The colony is primarily composed of independent homes, government quarters, and modest apartment units, catering to middle-income groups and working professionals. Its proximity to Tumkur Road and the Yeswanthpur Industrial Area enhances its relevance for those seeking affordable housing with access to employment centers. The locality benefits from its closeness to major transport arteries, including National Highway 4 and the Bangalore–Arsikere railway line, ensuring smooth connectivity across the city. While HGR Colony itself is not a high-rise or luxury residential zone, it offers basic civic amenities and is surrounded by several developing neighborhoods like HMT Layout, Pampanagar, and Goraguntepalya. The area has seen gradual infrastructural improvements, with better road networks and public transport options enhancing its liveability in recent years. Real estate in HGR Colony remains relatively affordable compared to central or southern parts of Bengaluru, attracting budget-conscious homebuyers and small investors. Though there are no large-scale residential projects currently underway, the demand is sustained by its accessibility and proximity to industrial zones. The surrounding areas host essential services such as schools, markets, and healthcare centers, contributing to a self-sufficient living environment. As North Bengaluru continues to grow, HGR Colony holds potential for incremental appreciation, especially with planned transport expansions.

Region

Yeswanthpur

City

Bengaluru

District

Bengaluru Urban

State

Karnataka

Pincode

560022

Population

9,000

Schools

1

Nearest Airport

Kempegowda International Airport (BLR)

Neighbourhood Insights byPulse AI Logo

Locality price index icon

The Good

Excellent connectivity to major employment hubs via Tumkur Road and railway lines

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

Budget-friendly real estate compared to other parts of North Bengaluru

Locality price index icon

The Bad

Limited availability of modern residential projects and high-end apartments

Moderate infrastructure development with occasional traffic congestion on access roads

L.C.R. English SchoolNear HGR Colony, Yeswanthpur, Bengaluru North Zone, Bengaluru

Aurum Price Index for Hgr 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

4,693/sq. ft

Average Price Range

1,80011,768

Trend (5Y)

103.6%

Nearby Neighborhoods

BK Nagar

BK Nagar is a well-established residential and industrial locality situated in the northern part of Bengaluru, falling under the Yeswanthpur jurisdiction of the Bengaluru North Zone. With a PIN code of 560022, it lies in close proximity to key transport corridors such as Tumkur Road and the Bangalore-Hubli Highway, making it a strategic node for both residential and commercial activities. The area has evolved over the decades as an extension of the expanding urban footprint of Bengaluru, absorbing nearby settlements and industrial clusters. While primarily known for its mixed-use development, BK Nagar serves as a vital link between central Bengaluru and the city’s northern suburbs. The locality is surrounded by several prominent neighborhoods including Pampanagar, HMT Layout, Goraguntepalya, APMC Yard, and the Yeshwanthpur Industrial Area, contributing to its significance as a transit and logistics hub. Its adjacency to the APMC Yard—one of South Asia’s largest fruit and vegetable markets—adds to the commercial vibrancy but also brings challenges related to traffic and congestion. Despite limited high-rise residential projects, BK Nagar offers affordable housing options, primarily in the form of independent houses, plotted developments, and older apartment complexes. Connectivity in BK Nagar is robust, supported by road networks, railways, and proximity to the Bengaluru Metro’s Green Line. Essential infrastructure such as schools, hospitals, and local markets are accessible within the locality or in nearby hubs like Yeswanthpur and Rajajinagar. While the area lacks large-scale modern real estate developments, its affordability and connectivity make it attractive to middle-income homebuyers and investors seeking value in North Bengaluru’s evolving property landscape.

Avg. Rate

3,352/sq. ft

Locality Rating

4/10

Explore Neighbourhood

HMT Layout

HMT Layout is a well-established residential neighborhood located in the Mathikere area of North Bengaluru, falling under the Bengaluru North Zone. Developed primarily to house employees of the Hindustan Machine Tools (HMT) factory, the locality carries a legacy of planned development and community living. It is identified by the PIN code 560054 and is surrounded by several prominent residential pockets such as M S Ramaiah Nagar, Gokula Extension, Brindavan Nagar, and Subedarpalya, contributing to its integration within the urban fabric of the city. The area features a mix of independent homes, apartment complexes, and institutional housing, with real estate demand driven by its proximity to employment hubs, educational institutions, and transport links. Though no major new residential projects are currently underway, the existing housing stock remains in demand due to affordability compared to central and southern parts of Bengaluru. The locality benefits from access to civic amenities and is served by BBMP infrastructure and services. HMT Layout enjoys strong connectivity via major roads like the Bellary Road (NH 44) and the Outer Ring Road, with easy access to IT corridors in Hebbal and Manyata Tech Park. Residents benefit from nearby schools, hospitals, markets, and public transport, making it a practical choice for middle-income families and working professionals. Its evolving real estate landscape reflects gradual modernization while retaining its original residential character.

Avg. Rate

4,275/sq. ft

Locality Rating

5.5/10

Explore Neighbourhood

Gokula 1st Stage

Gokula 1st Stage is a well-established residential locality situated in the Mathikere area of North Bengaluru, falling under the Bengaluru North Zone. It is part of the larger Gokula neighborhood and shares the PIN code 560054, serving several adjacent layouts and colonies. The area has evolved over the decades from a primarily residential settlement into a densely populated urban pocket with growing infrastructure and connectivity. Located close to key industrial and institutional hubs like CPRI (Central Power Research Institute) and M S Ramaiah Nagar, Gokula 1st Stage benefits from proximity to employment and educational centers. The locality is surrounded by several planned layouts such as HMT Layout, ITI Layout, and Brindavan Nagar, contributing to its integration within the city's residential fabric. While it lacks large-scale real estate projects, the area sees steady demand for independent homes and resale apartments. Connectivity is a major strength, with easy access to the Bangalore-Hubli Highway via Mathikere Main Road and proximity to the Bangalore City Railway Station and Yesvantpur Junction. Though not directly served by the metro yet, the upcoming Metro Line 5 (Blue Line) extension is expected to improve last-mile connectivity. Gokula 1st Stage remains a practical choice for middle-income families seeking affordable housing in a central north Bangalore location.

Avg. Rate

3,618/sq. ft

Locality Rating

6.8/10

Explore Neighbourhood

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

Pexo Icon

Ask Pulse Ai anything about real estate

Unlock the Latest in Real Estate

News, Infographics, Blogs & More! Delivered to your inbox.

Proptech Pulse Logo

Data that drives action.
Insight that inspires action.
Technology that empowers action.“

Made with Love

Statue

© PropTech Pulse 2026, All rights reserved.

Terms of Use and Privacy Policy