Avg. Rate
₹ 3,667/sq. ft
Locality Rating
4/10
Lakshman Nagar is a residential locality situated within the State Bank of India Colony in the Bengaluru West Zone, known for its peaceful residential environment and proximity to key urban centers. It falls under the postal code 560091 and is surrounded by well-established neighborhoods such as Nagarahole Nagar, Mariyappa Extension, and Hegganahalli Cross. Though primarily a low-rise residential area, it benefits from its integration into the larger SBI Colony infrastructure, which supports essential civic amenities and services. The locality offers easy access to major roads like Hennur Main Road and Outer Ring Road (ORR), enabling smooth connectivity to IT hubs in Whitefield, Manyata Tech Park, and Hebbal. While there are no large-scale real estate developments currently underway, the area attracts homebuyers seeking affordable housing options away from the city’s congestion. Its real estate market is largely composed of independent homes and resale plots, with limited high-rise apartment projects. Lakshman Nagar is well-integrated into the urban fabric of North Bengaluru, with access to schools, hospitals, and local markets within a short radius. The area is witnessing gradual development due to infrastructural upgrades and improved road networks. Its appeal lies in its quiet residential character, making it suitable for families and retirees looking for a balanced lifestyle within reach of the city’s core.
Region
State Bank of India Colony
City
Bengaluru
District
Bengaluru Urban
State
Karnataka
Pincode
560091
Population
9,000
Nearest Airport
Kempegowda International Airport (BLR)
Well-connected to major employment hubs via ORR and Hennur Road
Part of a secure, planned colony with stable civic infrastructure
Quiet and family-friendly neighborhood with low traffic
Limited public transport and metro connectivity
Lack of large modern residential developments or amenities
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
₹ 3,667/sq. ft
Average Price Range
₹ 1,800 – 7,504
Trend (5Y)
▲ 65.4%
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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