Avg. Rate
₹ 3,853/sq. ft
Locality Rating
4.5/10
Murphy Town is a well-established residential locality situated in Halasuru, part of Bengaluru East Zone, known for its peaceful environs and proximity to key urban amenities. With a PIN code of 560008, it lies close to Ulsoor Lake and is surrounded by several well-planned layouts such as Someshwarpura, Jayaraj Nagar, and Cambridge Layout, contributing to its residential appeal. Historically developed as a quiet residential pocket, Murphy Town has retained its charm despite increasing urbanization pressures from nearby commercial hubs. The area features a mix of independent houses, older apartment complexes, and residential colonies, offering a relatively serene lifestyle compared to busier parts of central Bengaluru. Though not a major real estate hotspot, property demand remains steady due to its connectivity and access to essential infrastructure. There are currently no large-scale ongoing residential projects, indicating a mature, fully developed neighborhood. Murphy Town benefits from its strategic location near major arterial roads and proximity to central business districts like Indiranagar and Richmond Town. Its residents enjoy easy access to schools, hospitals, and markets, while the presence of tree-lined streets and nearby green spaces adds to its livability. However, like many older localities in Bengaluru, it faces challenges related to traffic congestion and limited road expansion potential.
Region
Halasuru
City
Bengaluru
District
Bengaluru Urban
State
Karnataka
Pincode
560008
Population
20,000
Schools
1
Nearest Airport
Kempegowda International Airport (BLR)
Excellent connectivity to major employment hubs via Old Airport Road and CMH Road
Abundance of reputed schools and healthcare centers within 2 km radius
Peaceful, community-oriented living with minimal commercial intrusion
Limited real estate inventory and no new developments
Road congestion during peak hours due to narrow streets
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
₹ 3,853/sq. ft
Average Price Range
₹ 1,800 – 8,226
Trend (5Y)
▲ 72.3%
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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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