Avg. Rate
₹ 4,007/sq. ft
Locality Rating
4/10
Narayana Nagar 3rd Block is a well-established residential locality situated in the Konanakunte area of Bengaluru South Zone, known for its peaceful environment and proximity to key employment hubs. It falls under the postal code 560062 and forms part of the larger Narayana Nagar cluster, which includes multiple stages and layouts developed over the past few decades. The area is primarily composed of independent homes and plotted developments, with limited new construction activity, reflecting its mature neighborhood status. Though not a major real estate hotspot, it appeals to homebuyers seeking stable, low-density living on the southern fringes of Bengaluru. The locality benefits from its strategic location near major tech corridors such as HSR Layout and Electronic City, making it accessible for IT professionals. While there are no large-scale ongoing residential projects currently listed, the area maintains steady demand due to its affordability compared to central Bangalore localities. Residents enjoy access to basic civic infrastructure, local markets, and educational institutions within close reach. Its integration with surrounding colonies like Munireddy Layout and Soudamini Layout enhances community connectivity and shared amenities. Narayana Nagar 3rd Block is surrounded by several prominent neighborhoods including Doddakallasandra to the west, Ayyappa Nagar to the north, and Krishnappa Layout to the east, creating a tightly knit residential fabric. The area has evolved organically over time, with land use dominated by residential plots and small-scale commercial pockets catering to daily needs. Despite limited public transport options, the road network allows for reasonable vehicular access to main arteries like Kanakapura Road. As urban sprawl continues southward, Narayana Nagar 3rd Block remains a modest yet functional part of Bengaluru’s expanding suburban landscape.
Region
Konanakunte
City
Bengaluru
District
Bengaluru Urban
State
Karnataka
Pincode
560062
Population
9,000
Nearest Airport
Kempegowda International Airport (BLR)
Offers relatively affordable residential options compared to central Bengaluru
Well-connected to IT hubs like HSR Layout and Electronic City via road
Established community with access to essential local amenities
Limited public transport and metro connectivity
Minimal new real estate development or modern apartment projects
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
₹ 4,007/sq. ft
Average Price Range
₹ 1,800 – 8,794
Trend (5Y)
▲ 76.6%
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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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