New Launch - India Real Estate Report 2026.

Mathikere Layout

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Avg. Rate

4,665/sq. ft

Locality rating icon

Locality Rating

4/10

Mathikere Layout is a well-established residential neighborhood located in the northern part of Bengaluru, falling under the Bengaluru North Zone with the PIN code 560054. Originally developed as a planned residential extension of Mathikere, the layout has evolved over decades into a densely populated, mixed-use locality that blends older residential blocks with newer commercial establishments. Its strategic location near major employment hubs and transport corridors has contributed to steady urbanization and demand for housing. The area features predominantly independent homes, row houses, and a few low-rise apartment complexes, with limited new real estate developments currently underway. While it lacks large-scale modern housing projects, the layout offers affordability compared to central and southern parts of the city, attracting middle-income families and tenants. Proximity to industrial zones like HMT and ITI Layout further enhances its residential appeal. Mathikere Layout benefits from access to essential civic amenities, including municipal schools, primary health centers, and local markets. It is surrounded by several prominent neighborhoods such as M.S. Ramaiah Nagar, Brindavan Nagar, and Gokula Extension, contributing to a vibrant community ecosystem. Though not a premium real estate destination, it serves as a practical choice for those seeking budget-friendly living with decent connectivity.

Region

Mathikere

City

Bengaluru

District

Bengaluru Urban

State

Karnataka

Pincode

560054

Population

27,500

Nearest Airport

Kempegowda International Airport (BLR)

Neighbourhood Insights byPulse AI Logo

Locality price index icon

The Good

Offers relatively affordable property rates compared to central and southern Bangalore

Good road connectivity to key employment zones like Hebbal and Peenya

Proximity to educational institutions such as MSRIT and BGS College

Locality price index icon

The Bad

Limited availability of new real estate projects and modern apartments

Occasional traffic congestion on main access roads like Mathikere Main Road

Aurum Price Index for Mathikere layout

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

4,665/sq. ft

Average Price Range

1,80011,509

Trend (5Y)

98.5%

Nearby Neighborhoods

Brindavan Nagar

Brindavan Nagar is a well-established residential locality situated in the Mathikere area of North Bengaluru, falling under the Bengaluru North Zone. It shares the PIN code 560054 and is surrounded by prominent neighborhoods such as M.S. Ramaiah Nagar, HMT Layout, Gokula Extension, and Sundara Nagar, contributing to its integrated urban character. The area has evolved over the decades as a preferred residential hub due to its proximity to employment centers, educational institutions, and essential civic infrastructure. While Brindavan Nagar does not host large-scale real estate developments, it features a mix of independent homes, modest apartment complexes, and plotted developments catering to middle-income families and long-term residents. Property transactions are primarily in the resale segment, with no major ongoing projects reported recently. The real estate market remains stable, driven by organic demand rather than speculative investment, making it a low-key yet dependable option within North Bangalore. Connectivity in Brindavan Nagar is facilitated by its access to key arterial roads like the Outer Ring Road (ORR) and Tannirbhavi Road, linking it to central Bengaluru and emerging tech corridors. The locality benefits from proximity to public transportation, including BMTC bus routes and upcoming metro connectivity. With schools, markets, and healthcare facilities within close reach, Brindavan Nagar offers a functional urban living experience for its residents.

Avg. Rate

4,158/sq. ft

Locality Rating

4.8/10

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HMT Layout

HMT Layout is a well-established residential neighborhood located in the Mathikere area of North Bengaluru, falling under the Bengaluru North Zone. Developed primarily to house employees of the Hindustan Machine Tools (HMT) factory, the locality carries a legacy of planned development and community living. It is identified by the PIN code 560054 and is surrounded by several prominent residential pockets such as M S Ramaiah Nagar, Gokula Extension, Brindavan Nagar, and Subedarpalya, contributing to its integration within the urban fabric of the city. The area features a mix of independent homes, apartment complexes, and institutional housing, with real estate demand driven by its proximity to employment hubs, educational institutions, and transport links. Though no major new residential projects are currently underway, the existing housing stock remains in demand due to affordability compared to central and southern parts of Bengaluru. The locality benefits from access to civic amenities and is served by BBMP infrastructure and services. HMT Layout enjoys strong connectivity via major roads like the Bellary Road (NH 44) and the Outer Ring Road, with easy access to IT corridors in Hebbal and Manyata Tech Park. Residents benefit from nearby schools, hospitals, markets, and public transport, making it a practical choice for middle-income families and working professionals. Its evolving real estate landscape reflects gradual modernization while retaining its original residential character.

Avg. Rate

4,275/sq. ft

Locality Rating

5.5/10

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Mathikere

Mathikere is a well-established residential and commercial locality situated in the Bengaluru North Zone of Karnataka’s capital city, Bangalore. With a PIN code of 560013, it lies in close proximity to key areas such as Yeswanthpur, RT Nagar, and Hebbal, making it a strategically located neighborhood within the city's urban fabric. Historically an agrarian settlement, Mathikere has transformed over the decades into a densely populated suburb, witnessing steady real estate development due to its accessibility and infrastructural growth. The area offers a mix of independent homes, apartments, and rental housing, with the average price of a 2BHK property pegged at approximately Rs. 1.26 crore and an average rate of Rs. 10,101 per square foot. Despite limited new projects—only one major residential development currently active—the demand remains stable due to strong connectivity and proximity to employment hubs. The real estate in Mathikere appeals to middle- to upper-middle-income families seeking affordability with access to central Bangalore. Mathikere benefits from its closeness to major transport arteries, including the Outer Ring Road and NH 44, as well as access to both railway and metro networks. While it lacks large-scale malls or corporate offices, it is surrounded by educational institutions, healthcare centers, and local markets that support daily living. Its integration with neighboring localities like Mahalakshmi Layout and Seshadripuram enhances its utility as a residential base within North Bangalore.

Avg. Rate

3,724/sq. ft

Locality Rating

7.5/10

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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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