New Launch - India Real Estate Report 2026.

LIC Colony

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Avg. Rate

3,696/sq. ft

Locality rating icon

Locality Rating

4.5/10

LIC Colony is a well-established residential locality situated in New Tippasandra, part of the Bengaluru East Zone in eastern Bengaluru. Developed primarily to house employees of the Life Insurance Corporation of India, the colony has evolved into a sought-after neighborhood due to its strategic location and peaceful environment. The area falls under the PIN code 560075 and is surrounded by several prominent residential pockets such as HAL 3rd Stage, Jeevan Bima Colony, and Geethanjali Layout. Though primarily composed of independent homes and older apartment blocks, the locality has seen gradual modernization in recent years. The colony benefits from strong connectivity to key employment hubs like Indiranagar, Marathahalli, and Whitefield, making it ideal for professionals working in IT and financial services. Major roads such as Old Airport Road and the Outer Ring Road (ORR) are easily accessible, enhancing mobility across the city. While there are no large-scale ongoing real estate projects currently listed, demand remains steady due to the area’s reputation for safety, community living, and proximity to essential amenities. LIC Colony offers a balanced lifestyle with access to schools, hospitals, markets, and religious institutions within close vicinity. Residents enjoy a mix of traditional Bangalore charm and urban convenience, supported by reliable civic infrastructure. Despite limited high-rise development, the area is witnessing growing interest from homebuyers seeking a quieter alternative to more congested parts of eastern Bengaluru.

Region

New Tippasandra

City

Bengaluru

District

Bengaluru Urban

State

Karnataka

Pincode

560075

Population

9,000

Nearest Airport

Kempegowda International Airport (BLR)

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The Good

Excellent connectivity to major tech hubs like Marathahalli and Whitefield

Safe and family-friendly neighborhood with low crime rates

Close access to schools, hospitals, and daily-use markets

Locality price index icon

The Bad

Limited availability of new residential projects and modern high-rises

Occasional traffic congestion on access roads during peak hours

Petrol BunkNear LIC Colony, New Tippasandra, Bengaluru East Zone, Bengaluru

Aurum Price Index for Lic 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

3,696/sq. ft

Average Price Range

1,8007,590

Trend (5Y)

65.6%

Nearby Neighborhoods

Jeevan Bima Nagar

Jeevan Bima Nagar is a well-established residential locality situated in the eastern part of Bengaluru, falling under the Bengaluru East Zone. Developed primarily in the late 1990s and early 2000s, it was originally planned to accommodate employees of the Life Insurance Corporation (LIC) of India, from which it derives its name. The area is neatly laid out with wide roads, planned layouts, and a mix of independent houses and apartment complexes, offering a balanced urban living experience. Located in close proximity to key employment hubs such as ITPL, Whitefield, and Marathahalli, Jeevan Bima Nagar has gained popularity among professionals working in the eastern corridor of the city. Its strategic location near major arterial roads like Old Airport Road and the Outer Ring Road ensures smooth connectivity across Bengaluru. Though not a high-density real estate hotspot, the locality maintains steady demand due to its peaceful environment and accessibility. The locality benefits from a mature residential infrastructure with access to schools, hospitals, markets, and recreational facilities within a short radius. While new project launches are limited, resale properties remain active in the market, attracting families and investors seeking stable, mid-range housing options. With ongoing urban development in East Bangalore, Jeevan Bima Nagar continues to hold its relevance as a dependable residential enclave.

Avg. Rate

4,037/sq. ft

Locality Rating

7.5/10

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Puttappa Layout

Puttappa Layout is a residential neighborhood located in the New Tippasandra area of Bengaluru East Zone, falling under the postal code 560075. Developed primarily as a planned residential extension in the late 1990s, it was named after a local community leader and has since evolved into a well-established middle-class enclave. The locality forms part of the larger urban fabric of eastern Bengaluru, adjacent to key areas such as HAL 3rd Stage and Jeevan Bima Nagar, offering a mix of independent homes and small-scale apartment complexes. Strategically positioned near major employment hubs like Indiranagar, KR Puram, and the HAL Aerospace Complex, Puttappa Layout benefits from strong commuter connectivity. While the area lacks large-scale real estate developments, it remains popular among homebuyers seeking affordable housing with access to essential amenities. Proximity to arterial roads such as Old Madras Road and the Outer Ring Road enhances its accessibility to different parts of the city. The locality is surrounded by several well-known neighborhoods including Seethappa Colony, Bhoomi Reddy Colony, and Geethanjali Layout, contributing to a close-knit community environment. Though not a high-rise or luxury residential zone, Puttappa Layout offers a quiet, family-friendly atmosphere with access to schools, markets, and healthcare facilities within a 1–2 km radius. Its integration into the BBMP’s East Zone governance framework ensures basic civic services are maintained.

Avg. Rate

4,418/sq. ft

Locality Rating

5.8/10

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Sector 11

Sector 11 is a residential locality situated within the New Tippasandra area of Bengaluru East Zone, operating under the PIN code 560075. Originally developed as part of the planned expansion of housing colonies in eastern Bangalore, Sector 11 has evolved into a well-established neighborhood with a mix of independent homes and small apartment complexes. Though not a major commercial hub, it benefits from proximity to key arterial roads and surrounding developed localities such as HAL 3rd Stage and Jeevan Bima Colony. The area is primarily residential, characterized by peaceful lanes, community-driven living, and access to essential amenities. While large-scale real estate projects are currently absent, demand remains steady due to its strategic location near Whitefield and IT corridors. Sector 11 offers an affordable alternative to more expensive neighborhoods in East Bangalore while maintaining connectivity to employment hubs. Residents enjoy access to nearby markets, schools, and healthcare facilities located in adjacent colonies like Geethanjali Layout and LIC Colony. The locality is surrounded by a cluster of residential enclaves including Puttappa Layout, Seethappa Colony, and Bhoomi Reddy Colony, contributing to a tightly knit community atmosphere. With ongoing urban development in East Bangalore, Sector 11 is gradually gaining attention for its potential in future residential growth.

Avg. Rate

3,754/sq. ft

Locality Rating

5.6/10

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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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