Avg. Rate
₹ 7,461.25/sq. ft
Locality Rating
4/10
Nagara Bavi is a residential-cum-industrial locality situated within the Peenya region of Bengaluru East Zone, bearing the PIN code 560073. Historically a peripheral settlement, it has evolved into a densely populated neighborhood due to its proximity to major industrial and employment hubs. The area is characterized by a mix of independent homes, low-rise apartments, and worker housing, primarily catering to middle- and lower-income groups. Located close to the Peenya Industrial Area—one of Asia’s largest industrial clusters—Nagara Bavi benefits from strong economic activity and employment opportunities. Its real estate remains relatively affordable compared to central Bengaluru, attracting budget-conscious buyers and tenants. However, large-scale residential projects are limited, with most developments being individual constructions or small layouts. The locality is well-connected via major roads like the Yeshwanthpur Main Road and links to the Outer Ring Road, facilitating access to IT corridors and city centers. Nearby areas such as Maruthi Nagar, SRS Layout, and Peenya Industrial Area Phases I–IV contribute to its integrated urban fabric. Despite infrastructural constraints, Nagara Bavi serves as a functional residential node for those working in nearby industrial and commercial zones.
Region
Peenya
City
Bengaluru
District
Bengaluru
State
Karnataka
Pincode
560073
Population
Estimated population between 25,000–30,000 (based on ward-level projections for Peenya, 2021–2023)
Nearest Airport
Kempegowda International Airport (BLR)
Excellent connectivity to industrial and commercial zones in Peenya and Yeshwanthpur
Relatively affordable real estate compared to central Bengaluru
Access to essential amenities like schools, markets, and healthcare within 2 km
Limited large-scale residential developments and modern apartment projects
Moderate to high traffic congestion during industrial shift hours
Timeline
Average Rate
₹ 7,461.25/sq. ft
Average Price Range
₹ 1,800 – ₹ 9,150
Trend (5Y)
▲ 80.2%
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