Avg. Rate
₹ 4,426/sq. ft
Locality Rating
5.4/10
LIC Colony is a well-established residential locality situated within the prime suburb of Jayanagar in South Bengaluru, falling under the Bengaluru South Zone. Developed primarily to house employees of the Life Insurance Corporation of India, the colony has evolved into a sought-after residential pocket known for its peaceful environs and strategic location. The area shares the pincode 560041 and is surrounded by prominent neighborhoods such as Jayanagar 3rd and 4th Blocks, Byrasandra, RBI Colony, and Tilak Nagar, contributing to its integrated urban character. Characterized by a mix of independent homes, apartment complexes, and institutional housing, LIC Colony offers a balanced real estate landscape with limited new developments, reflecting its matured infrastructure and land constraints. Despite the absence of large-scale ongoing projects, demand remains steady due to its proximity to commercial hubs, educational institutions, and healthcare facilities. The locality benefits from Jayanagar’s robust civic infrastructure and heritage of planned development. Connectivity in LIC Colony is excellent, with easy access to major roads like Kanakapura Road, Jayanagar 4th Block Road, and the Outer Ring Road via Byrasandra. The area is well-served by BMTC buses and is in close proximity to the upcoming Metro connectivity, enhancing its appeal for professionals and families. Its integration within one of Bengaluru’s most desirable residential zones ensures sustained relevance in the city’s real estate map.
Region
Jayanagar
City
Bengaluru
District
Bengaluru Urban
State
Karnataka
Pincode
560041
Population
9,000
Schools
3
Nearest Airport
Kempegowda International Airport (BLR)
Well-connected to key employment hubs via public transport and major roads
Close to reputed schools, hospitals, and shopping centers in Jayanagar
Safe and family-friendly neighborhood with strong community presence
Limited availability of new real estate projects due to saturation
Traffic congestion on Jayanagar 4th Block 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
₹ 4,426/sq. ft
Average Price Range
₹ 1,800 – 10,446
Trend (5Y)
▲ 89%
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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