Avg. Rate
₹ 7,461.25/sq. ft
Locality Rating
6/10
Madhava Nagar is a well-established residential locality situated within the larger Gandhi Nagar area in central Bengaluru, falling under the Bengaluru Central Zone. It shares the prestigious 560001 pincode, one of the oldest in the city, indicating its historical significance and central location. The area is primarily composed of independent homes and older apartment buildings, reflecting its long-standing residential character with limited new real estate developments in recent years. Located just off Old Madras Road and near key junctions like Shantinagar and Shivasamudra, Madhava Nagar enjoys strong connectivity to major employment hubs such as Richmond Town, Koramangala, and MG Road. Its proximity to the city center makes it ideal for professionals seeking easy access to business districts, government offices, and civic amenities. Public transport options, including buses and the upcoming metro, further enhance its accessibility. The locality benefits from a mature urban infrastructure, with reputed schools, hospitals, and markets within close reach. While it lacks large-scale commercial complexes, residents enjoy access to neighborhood shopping centers, parks, and religious sites. Though real estate activity is subdued with no new projects currently underway, the area remains desirable for those prioritizing location and established community living over modern high-rise amenities.
Region
Gandhi Nagar
City
Bengaluru
District
Bengaluru
State
Karnataka
Pincode
560001
Population
While exact population figures for Madhava Nagar alone are not available, the broader Gandhi Nagar and Shivasamudra areas are densely populated, with estimates suggesting over 25,000 residents in the immediate vicinity as of the 2011 census; current figures are likely higher due to urban consolidation.
Schools
1
Nearest Airport
Kempegowda International Airport (BLR)
Excellent connectivity to major business and commercial areas
Well-served by public transport and major arterial roads
Proximity to reputed schools and healthcare facilities
Limited new real estate developments and housing options
Moderate traffic congestion during peak hours on connecting roads
Timeline
Average Rate
₹ 7,461.25/sq. ft
Average Price Range
₹ 1,800 – ₹ 9,150
Trend (5Y)
▲ 80.2%
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