New Launch - India Real Estate Report 2026.

Majestic

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Avg. Rate

₹ 4,266/sq. ft

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Locality Rating

6/10

Majestic, located in the Sevashrama area of Bengaluru Central Zone, is one of the most prominent transportation and commercial hubs in Bangalore, India. With a PIN code of 560009, it serves as a central node connecting various parts of the city through road, rail, and metro networks. Historically developed around the railway infrastructure, Majestic has evolved into a bustling urban center with high footfall due to its strategic location and multimodal connectivity. The area is densely populated and primarily functions as a transit and commercial zone rather than a residential locality. The real estate in Majestic is dominated by commercial establishments, government offices, and small-scale retail outlets, with limited residential options available. Due to its central positioning, property values are influenced more by commercial demand than by housing markets, and there are currently no major residential projects under development. Despite the lack of new launches, the area remains highly sought after for business spaces and short-term rentals. Its proximity to key institutions and transport networks continues to sustain interest in the locality. Majestic is surrounded by several well-known neighborhoods including Subhash Nagar, Shastri Nagar, Hanumantapura, and Swatantra Palya, contributing to a diverse and vibrant urban fabric. The area supports essential urban infrastructure such as hospitals, educational institutions, and markets within close reach. However, challenges like congestion, noise, and limited green spaces affect its livability for long-term residents. Nonetheless, its role as a gateway to South and Central Bangalore ensures its enduring significance in the city’s urban landscape.

Region

Sevashrama

City

Bengaluru

District

Bengaluru Urban

State

Karnataka

Pincode

560009

Population

25,000

Schools

1

Nearest Airport

Kempegowda International Airport (BLR)

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The Good

Excellent connectivity via rail, metro, and bus networks

Proximity to key institutions like hospitals and government offices

High demand for commercial and retail real estate

Locality price index icon

The Bad

Heavy traffic congestion and noise pollution

Limited residential projects and green spaces

Bangalore City JunctionNear Majestic, Sevashrama, Bengaluru Central Zone, Bengaluru

Aurum Price Index for Majestic

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

₹ 4,266/sq. ft

Average Price Range

₹ 1,800 – 9,814

Trend (5Y)

▲ 84.8%

Nearby Neighborhoods

Sevashrama

Sevashrama is a well-established residential and commercial neighborhood located in the heart of Bengaluru, within the Central Zone. With a PIN code of 560023, it lies close to key areas such as Gandhi Nagar, Chamrajpet, and Vasanth Nagar, making it an integral part of the city's urban fabric. Historically, the area has evolved as a mixed-use locality, hosting government offices, small businesses, and heritage buildings, reflecting Bengaluru’s layered development over decades. The locality benefits from strong connectivity, being near major roads like K.R. Road and proximity to the City Railway Station and National Highway 44. Public transport options, including BMTC buses and the upcoming Metro connectivity, enhance accessibility. Despite limited new real estate projects, demand remains steady due to its central location and established infrastructure. Sevashrama offers a blend of traditional South Indian culture and urban living, with nearby markets, schools, and healthcare facilities supporting daily needs. While residential options are mostly older apartments and independent homes, the area appeals to those seeking proximity to the city center. Its real estate remains relatively stable, with no significant new developments reported recently.

Avg. Rate

₹ 3,745/sq. ft

Locality Rating

6.4/10

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Subhash Nagar

Subhash Nagar is a well-established residential locality situated in the Sevashrama area of central Bengaluru, falling under the Bengaluru Central Zone. It shares the PIN code 560053 and is nestled close to key transport hubs and commercial zones, making it a convenient residential option in the heart of the city. The area is primarily composed of independent homes and older apartment complexes, reflecting its long-standing residential character. Though not a major real estate hotspot, it attracts buyers seeking central location benefits without the premium pricing of nearby business districts. The locality is surrounded by several prominent neighborhoods such as Majestic, M.G. Railway Colony, Shastri Nagar, and Hanumantapura, enhancing its connectivity and access to urban amenities. Public transportation is easily accessible, with major bus routes and railway infrastructure nearby. Despite limited new developments, Subhash Nagar benefits from proximity to key employment centers, educational institutions, and healthcare facilities. Its real estate remains relatively stable, with demand driven more by rental and transit needs than luxury living. Subhash Nagar’s infrastructure is functional but reflects the aging urban fabric typical of central Bengaluru. Markets, schools, and clinics are within walking distance or a short commute. The area lacks large-scale commercial projects but compensates with its practicality and accessibility. As Bengaluru expands, Subhash Nagar continues to serve as a vital link in the city's central residential network, especially for middle-income families and working professionals.

Avg. Rate

₹ 3,592/sq. ft

Locality Rating

4.8/10

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LakshmanPuri

LakshmanPuri is a well-established residential locality situated within the Gandhi Nagar area of Central Bangalore, falling under the Bengaluru Central Zone. It shares a PIN code of 560009 and is surrounded by prominent neighborhoods such as Madhava Nagar, Racecourse, and Vasanth Nagar, offering a strategic location in the heart of the city. Historically, the area has evolved as a peaceful residential enclave amidst Bangalore’s rapid urban expansion, retaining a close-knit community feel while remaining well-connected to commercial hubs. The locality benefits from proximity to key infrastructure, including major roads like Kamaraj Road and Ambedkar Road, enabling smooth access to central business districts such as Shivaji Nagar and MG Road. Although there are no large-scale real estate developments currently underway, LakshmanPuri is known for its older apartment complexes and independent homes, making it a preferred choice for those seeking a central yet relatively quiet location. Public transport options, including buses and the upcoming metro connectivity, enhance its accessibility. Residents enjoy access to a range of essential amenities, including schools, hospitals, markets, and recreational spots within a short distance. The area is also close to the Bangalore Football Stadium and the historic Race Course, contributing to its appeal. While property prices and market data are not widely tracked due to the absence of large new projects, LakshmanPuri remains a stable residential option in central Bangalore with steady demand from families and professionals.

Avg. Rate

₹ 4,191/sq. ft

Locality Rating

4.2/10

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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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