Avg. Rate
₹ 4,275/sq. ft
Locality Rating
5.5/10
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.
Region
Mathikere
City
Bengaluru
District
Bengaluru Urban
State
Karnataka
Pincode
560054
Population
27,500
Nearest Airport
Kempegowda International Airport (BLR)
Excellent road connectivity to major employment and education hubs
Access to reputed institutions like MSRIT, Ramaiah Hospital, and CPRI
Relatively affordable property rates compared to central Bengaluru
Limited metro connectivity with nearest station over 3 km away
Occasional traffic congestion on Bellary Road during peak hours
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
₹ 4,275/sq. ft
Average Price Range
₹ 1,800 – 9,983
Trend (5Y)
▲ 89.3%
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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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