Avg. Rate
₹ 4,270/sq. ft
Locality Rating
4.1/10
Old Bank Colony is a well-established residential locality situated in Konanakunte, under the Bengaluru South Zone. Developed originally to house employees of a nationalized bank, the area retains a peaceful, community-oriented atmosphere and is known for its quiet lanes and tree-lined streets. The locality falls under the PIN code 560062 and is surrounded by several planned residential layouts such as Doctors Colony, Narayana Nagar, and Soudamini Layout, contributing to its steady growth as a residential hub. Though Old Bank Colony does not host large-scale real estate projects currently, it remains a preferred choice for homebuyers seeking affordable housing with good connectivity. The area features primarily independent homes and older apartment complexes, with property transactions occurring largely in the resale market. Its proximity to major tech corridors and educational institutions enhances its appeal among middle-income families and working professionals. The locality benefits from access to essential civic infrastructure, including water supply, electricity, and drainage systems, supported by BBMP governance. While rapid urbanization in nearby areas like Doddakallasandra and Hulimavu has led to increased demand, Old Bank Colony maintains a relatively low-density residential character. Its strategic location near key roads ensures ease of commute, making it a practical choice for those seeking a balance between affordability and accessibility in South Bangalore.
Region
Konanakunte
City
Bengaluru
District
Bengaluru Urban
State
Karnataka
Pincode
560062
Population
9,000
Nearest Airport
Kempegowda International Airport (BLR)
Well-connected to major employment centers via Hosur Road and Bannerghatta Road
Close to reputed schools like Delhi Public School Bangalore South and National Public School
Access to healthcare facilities such as Columbia Asia Hospital and Apollo Clinic
Limited metro connectivity with nearest station over 5 km away
Sparse availability of modern shopping malls and entertainment centers
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
₹ 4,270/sq. ft
Average Price Range
₹ 1,800 – 9,799
Trend (5Y)
▲ 83.9%
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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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