New Launch - India Real Estate Report 2026.

Neeladri Nagar

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Avg. Rate

₹ 4,605/sq. ft

Locality rating icon

Locality Rating

5/10

Neeladri Nagar is a residential locality situated within the bustling Electronic City region of South Bangalore, falling under the Bengaluru East Zone. It shares its pincode 560100 with several parts of Electronic City Phase 1 and is well-integrated into the tech corridor that defines South Bangalore’s urban expansion. The area has evolved primarily to support the growing workforce in the IT sector, with numerous housing options catering to professionals employed in nearby tech parks. Located close to major tech hubs such as Wipro, Infosys, and Bagmane Tech Park, Neeladri Nagar benefits from its proximity to employment centers, making it a practical choice for IT employees. While the locality itself is largely residential, it is surrounded by well-developed layouts and gated communities, with access to essential amenities like schools, grocery stores, and healthcare facilities within a short distance. The real estate in Neeladri Nagar consists mostly of independent homes, villas, and a few smaller apartment complexes, with limited large-scale projects reported in recent years. Its location offers relatively easy access to the Outer Ring Road and NH44, supporting daily commutes across the city. Despite rapid urbanization, the area maintains a quiet, community-oriented character compared to the more commercial zones of Electronic City.

Region

Electronic City

City

Bengaluru

District

Bengaluru Urban

State

Karnataka

Pincode

560100

Population

17,500

Nearest Airport

Kempegowda International Airport (BLR)

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The Good

Excellent connectivity to IT employment centers

Proximity to major tech parks and infrastructure

Peaceful, family-friendly residential environment

Locality price index icon

The Bad

Limited public transport and metro access

Inadequate civic infrastructure and drainage issues

Srujana HospitalAbove Nilgiris, Neeladri Road, Bangalore, 560100

Aurum Price Index for Neeladri nagar

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

₹ 4,605/sq. ft

Average Price Range

₹ 1,800 – 11,282

Trend (5Y)

▲ 97.5%

Nearby Neighborhoods

Konappana Agrahara

Konappana Agrahara is a developing residential and semi-urban locality situated in Electronic City, part of the Bengaluru East Zone in Karnataka. With a PIN code of 562101, it lies on the southern fringe of Bengaluru, close to the bustling tech hub of Electronics City Phase 1, making it a sought-after destination for IT professionals and real estate investors. The area has evolved from a traditional agrahara (a Brahmin settlement) into a modern residential node, balancing heritage with urban expansion. The real estate market in Konappana Agrahara is relatively nascent, with only two major projects currently active, offering 2BHK apartments at an average price of ₹1.24 crore and an average price per square foot of ₹11,857. While still emerging, the locality benefits from proximity to major employment centers and infrastructure developments, attracting homebuyers looking for affordable luxury in a fast-growing zone of the city. Konappana Agrahara is surrounded by well-established neighborhoods such as Veerasandra, Shanthi Pura, and Sainik Layout, enhancing its connectivity and access to civic amenities. With ongoing urbanization, the area is witnessing increased demand for residential spaces, supported by improved road networks and nearby commercial hubs, though it still retains pockets of greenery and a relatively peaceful environment.

Avg. Rate

₹ 4,389/sq. ft

Locality Rating

7.2/10

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Phase 1

Phase 1, located in Bedarahalli within the Bengaluru West Zone, is a developing residential locality that forms part of the larger BEL Layout township. Initially developed to accommodate employees of Bharat Electronics Limited (BEL), the area has gradually opened up to private residential development while retaining its planned layout and green spaces. The locality is identified by the PIN code 560091 and is well-integrated into the western suburban fabric of Bengaluru. Characterized by wide roads, tree-lined avenues, and a mix of independent homes and apartment complexes, Phase 1 offers a balanced urban living experience. Though not a major real estate hotspot with large-scale projects, it attracts homebuyers seeking peaceful, well-connected neighborhoods away from the city's congestion. Proximity to major IT hubs and educational institutions adds to its residential appeal. The area benefits from proximity to key infrastructure such as schools, hospitals, and markets, while ongoing road upgrades improve access to the Outer Ring Road and Mysore Road. Despite limited new launches, property demand remains steady due to its reputation for safety, community living, and reliable civic amenities. Phase 1 continues to evolve as a preferred choice for middle to upper-middle-class families in West Bangalore.

Avg. Rate

₹ 4,807/sq. ft

Locality Rating

4/10

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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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