New Launch - India Real Estate Report 2026.

Jayaraj Nagar

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Avg. Rate

4,135/sq. ft

Locality rating icon

Locality Rating

4.5/10

Jayaraj Nagar is a well-established residential locality situated in the Halasuru area of Bengaluru East Zone, known for its peaceful environment and proximity to key urban amenities. With a PIN code of 560008, it lies close to the historic Ulsoor Lake and is surrounded by several well-planned layouts such as Murphy Town, Gupta Layout, and Cambridge Layout. The area has evolved over the decades as a preferred residential pocket due to its accessibility and integration with central Bengaluru’s infrastructure. Although Jayaraj Nagar does not currently host any new real estate developments, it features a mix of independent homes and older apartment complexes that attract end-users seeking stable, low-rise living. Its location offers seamless connectivity to major employment hubs like Indiranagar, MG Road, and Koramangala via Old Airport Road and CMH Road. The absence of large-scale ongoing projects suggests a matured real estate market with limited inventory turnover. Residents benefit from the vicinity of essential civic infrastructure, including reputed schools, healthcare centers, and commercial establishments in neighboring localities. The presence of green spaces like Ulsoor Lake and proximity to Central Business District add to the area’s appeal. Jayaraj Nagar remains a quiet, family-friendly enclave within one of Bengaluru’s most strategically located zones.

Region

Halasuru

City

Bengaluru

District

Bengaluru Urban

State

Karnataka

Pincode

560008

Population

9,000

Schools

1

Nearest Airport

Kempegowda International Airport (BLR)

Neighbourhood Insights byPulse AI Logo

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The Good

Excellent access to central Bengaluru via CMH Road and Old Airport Road

Close to premium healthcare facilities like Fortis Hospital and Kadamba Hospital

Well-served by schools such as St. Francis Xavier School and Delhi Public School

Locality price index icon

The Bad

Limited new real estate developments and housing inventory

Moderate traffic congestion during peak hours on connecting roads

Halasuru BBMP Primary Health CentreNear Jayaraj Nagar, Halasuru, Bengaluru East Zone, Bengaluru

Aurum Price Index for Jayaraj nagar

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

4,135/sq. ft

Average Price Range

1,8009,398

Trend (5Y)

84.2%

Nearby Neighborhoods

Gupta Layout

Gupta Layout is a well-established residential locality situated in Halasuru, part of the Bengaluru East Zone, with a PIN code of 560008. Nestled close to the scenic Ulsoor Lake, the area blends heritage charm with urban convenience, making it a preferred choice for homebuyers seeking peaceful living within central Bangalore. Historically part of the old city's expansion, Gupta Layout has evolved into a compact residential pocket surrounded by several well-known neighborhoods such as Murphy Town, Someshwarpura, and Jayaraj Nagar. The locality benefits from strong connectivity due to its proximity to key roads like Old Airport Road and CMH Road, linking it efficiently to central business districts like Indiranagar and Richmond Town. While large-scale real estate developments are limited, existing properties in Gupta Layout primarily consist of independent homes and older apartments, reflecting the area’s mature residential character. The absence of major ongoing projects indicates a stable, low-turnover housing market. Residents enjoy access to essential amenities including schools, hospitals, and markets within a short radius, supported by the broader infrastructure of East Bangalore. Its location near commercial hubs and transport nodes enhances its appeal, although property prices remain relatively moderate compared to premium adjacent areas. Gupta Layout remains a quiet, community-oriented neighborhood with strong neighborhood ties and steady demand.

Avg. Rate

3,819/sq. ft

Locality Rating

4.5/10

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Murphy Town

Murphy Town is a well-established residential locality situated in Halasuru, part of Bengaluru East Zone, known for its peaceful environs and proximity to key urban amenities. With a PIN code of 560008, it lies close to Ulsoor Lake and is surrounded by several well-planned layouts such as Someshwarpura, Jayaraj Nagar, and Cambridge Layout, contributing to its residential appeal. Historically developed as a quiet residential pocket, Murphy Town has retained its charm despite increasing urbanization pressures from nearby commercial hubs. The area features a mix of independent houses, older apartment complexes, and residential colonies, offering a relatively serene lifestyle compared to busier parts of central Bengaluru. Though not a major real estate hotspot, property demand remains steady due to its connectivity and access to essential infrastructure. There are currently no large-scale ongoing residential projects, indicating a mature, fully developed neighborhood. Murphy Town benefits from its strategic location near major arterial roads and proximity to central business districts like Indiranagar and Richmond Town. Its residents enjoy easy access to schools, hospitals, and markets, while the presence of tree-lined streets and nearby green spaces adds to its livability. However, like many older localities in Bengaluru, it faces challenges related to traffic congestion and limited road expansion potential.

Avg. Rate

3,853/sq. ft

Locality Rating

4.5/10

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Halasuru

Halasuru, located in the Bengaluru East Zone, is a well-established residential and commercial neighborhood with a rich historical legacy. Once known as Ulsoor, it has evolved into a prime locality offering a blend of old-world charm and modern urban living. The area is served by the PIN code 560008 and is surrounded by key neighborhoods such as Indiranagar, Vimanapura, and Dooravani Nagar, making it a central hub in East Bangalore. Its strategic location ensures strong connectivity to major employment centers and commercial zones. The real estate market in Halasuru features a mix of independent homes, older apartments, and upcoming residential developments, attracting both end-users and investors. While average price per square foot and 2BHK pricing data is currently limited due to sparse new project launches, property values remain stable owing to high demand and location advantage. Proximity to IT corridors, educational institutions, and healthcare facilities enhances its appeal among professionals and families. The area is witnessing gradual redevelopment of older layouts, signaling long-term growth potential. Halasuru benefits from robust infrastructure, including access to major roads like Old Airport Road and the Outer Ring Road, facilitating smooth commutes across the city. Residents enjoy proximity to reputed schools, hospitals, shopping centers, and green spaces such as Ulsoor Lake. The presence of metro connectivity further boosts convenience, while the neighborhood maintains a balanced lifestyle with a mix of tranquility and urban vibrancy. It remains a sought-after address for those seeking central access without being in the city’s busiest zones.

Avg. Rate

3,738/sq. ft

Locality Rating

7.5/10

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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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