Avg. Rate
₹ 7,461.25/sq. ft
Locality Rating
4/10
New Timberyard Layout is a well-established residential neighborhood situated in the Banashankari region of Bengaluru West Zone, bearing the PIN code 560026. Originally developed as an extension to the older Timberyard settlement, this locality has evolved into a sought-after address due to its strategic location and steady urban development. It lies in close proximity to major residential hubs such as Banashankari 3rd Stage, Girinagar, and Gavipuram Extension, making it a part of one of South Bangalore’s most connected residential corridors. The area features a mix of independent homes, apartments, and plotted developments, catering to middle- and upper-middle-class homebuyers. While there are no large-scale ongoing real estate projects currently listed, the demand remains steady due to its accessibility and mature infrastructure. Property transactions are mostly in the resale segment, with pricing influenced by proximity to key roads and public transport links. New Timberyard Layout benefits from its integration with the broader Banashankari township, which offers a wide range of civic amenities, educational institutions, and healthcare facilities. Its connectivity to IT hubs via Mysore Road and Kanakapura Road adds to its appeal, especially for professionals working in South and West Bangalore. Over the years, it has developed into a peaceful, family-friendly neighborhood with a strong community presence.
Region
Banashankari
City
Bengaluru
District
Bengaluru
State
Karnataka
Pincode
560026
Population
Estimated population of around 18,000–22,000 residents based on ward-level data from BBMP (2023 estimates for Ward 148, Banashankari Zone).
Nearest Airport
Kempegowda International Airport (BLR)
Excellent connectivity to major employment hubs via Mysore Road and Kanakapura Road
Proximity to reputed schools, hospitals, and shopping centers in Banashankari and Girinagar
Established residential area with a peaceful, community-oriented environment
Limited new real estate developments and housing options
Moderate traffic congestion during peak hours on access roads
Timeline
Average Rate
₹ 7,461.25/sq. ft
Average Price Range
₹ 1,800 – ₹ 9,150
Trend (5Y)
▲ 80.2%
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