New Launch - India Real Estate Report 2026.

Parijatha Enclave Layout

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Avg. Rate

4,074/sq. ft

Locality rating icon

Locality Rating

4/10

Parijatha Enclave Layout is a residential neighborhood located in Chikkabanavara, under the Bengaluru North Zone of Karnataka’s capital city. Developed as part of the expanding suburban footprint of northwest Bengaluru, this layout primarily consists of plotted developments and independent homes, catering to middle-income homebuyers seeking affordable entry into property ownership. The area has seen gradual urbanization over the past two decades, supported by proximity to key employment hubs and transport corridors. With a PIN code of 560090, it falls within the BBMP’s northern jurisdiction and is surrounded by several other residential layouts. The locality lacks large-scale apartment projects, with no recorded completed or ongoing developments from major builders, indicating a predominantly self-developed housing pattern. Real estate here is characterized by individual plots and villas, often constructed by homeowners, contributing to a decentralized yet community-oriented living environment. While property price per square foot and average 2BHK pricing data are not formally tracked due to the absence of standardized projects, market trends suggest affordability compared to central and southern parts of the city. Connectivity is improving through access to major roads like the Outer Ring Road (ORR) and Tumakuru Road, enabling commutes to IT hubs in Hebbal, Manyata Tech Park, and Nelamangala. Basic civic infrastructure such as water supply, drainage, and road paving is functional but varies in quality across blocks. Parijatha Enclave Layout remains a developing residential node, balancing cost-effective living with gradual improvements in urban services.

Region

Chikkabanavara

City

Bengaluru

District

Bengaluru Urban

State

Karnataka

Pincode

560090

Population

3,500

Nearest Airport

Kempegowda International Airport (BLR)

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Locality price index icon

The Good

Offers budget-friendly residential plots ideal for first-time homeowners

Well-connected to major employment zones via Tumakuru Road and ORR

Part of the growing Chikkabanavara node with increasing civic attention

Locality price index icon

The Bad

Limited access to premium social infrastructure like malls and hospitals

Inconsistent road maintenance and drainage in certain pockets

Aurum Price Index for Parijatha enclave layout

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

4,074/sq. ft

Average Price Range

1,8009,031

Trend (5Y)

78%

Nearby Neighborhoods

S M R Layout

S M R Layout is a residential neighbourhood located in the Chikkabanav游戏副本ara suburb of Bengaluru North Zone, operating under the 560090 postal code. Developed as part of the peripheral expansion of Bengaluru, this layout serves as a relatively affordable housing option for middle-income families and first-time homebuyers seeking proximity to employment hubs without the premium pricing of central areas. The area is primarily composed of independent homes and small-scale apartment complexes, with limited large-scale real estate projects reported so far. Situated close to the rapidly developing areas of Rajarajeshwari Nagar and Nagarbhavi, S M R Layout benefits from gradual infrastructural upgrades, including improved road networks and access to essential civic services. While the locality remains largely self-contained, residents rely on nearby commercial zones for shopping, healthcare, and education. Its location near major arterial roads enhances connectivity to central Bengaluru and the western IT corridor. Real estate in S M R Layout remains in the early stages of formal development, with no major branded residential projects currently listed, contributing to lower average price per square foot compared to more established parts of the city. However, rising demand due to affordable entry-level pricing and ongoing urban sprawl suggests potential for future appreciation, especially as public transport and utilities expand into the region.

Avg. Rate

3,818/sq. ft

Locality Rating

4/10

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Venkateshwara Layout

Venkateshwara Layout is a residential neighborhood situated in the Chikkabanavara area of North Bengaluru, falling under the Bengaluru North Zone with the PIN code 560090. Developed primarily to meet the growing demand for affordable housing in the northern corridor, the layout consists largely of independent homes and plotted developments, catering to middle-income families and first-time homebuyers. Its location offers proximity to major employment hubs like Manyata Tech Park and Hebbal, making it an attractive option for professionals working in central and north Bangalore. The area has seen gradual infrastructural development over the past decade, with improved road connectivity, water supply, and electricity infrastructure. While large-scale apartment projects are currently limited, the demand for self-construction plots remains steady due to relatively lower land prices compared to central and southern parts of the city. The neighborhood benefits from its closeness to established localities such as Vinayaka Layout and Navy Layout, which provide access to essential services and community amenities. Venkateshwara Layout is well-integrated into the broader Chikkabanavara ecosystem, which has witnessed rapid urbanization due to its strategic location near key arterial roads. Although still evolving, the area is gaining attention for its potential in future real estate growth, especially as the city expands northward. Residents enjoy a quieter residential environment while remaining within commuting distance of commercial centers, schools, and healthcare facilities.

Avg. Rate

3,925/sq. ft

Locality Rating

4/10

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Medaralli

Medaralli is a developing residential locality situated in the Chikkabanavara area of Bengaluru North Zone, within the larger urban sprawl of northwest Bangalore. It falls under the postal code 560090 and is part of the rapidly expanding suburban corridor that connects central Bengaluru with outlying areas like Dasanahalli and Nelamangala. While still largely composed of independent homes and layout-based plots, Medaralli is witnessing gradual interest from homebuyers seeking affordable housing options away from the city’s congested core. The locality is surrounded by several planned residential layouts such as Vinayaka Layout Phase 2, S M R Layout, Navy Layout, and Parijatha Enclave, contributing to its structured growth pattern. Though there are no major real estate projects currently listed, land development and plot sales remain active, driven by demand for budget-friendly plots in a semi-urban setting. Proximity to key arterial roads ensures Medaralli remains accessible despite limited public transport infrastructure. Medaralli benefits from its integration into the Chikkabanavara municipal framework, which oversees basic civic amenities and urban planning. While the area lacks high-end commercial or institutional infrastructure, residents rely on nearby hubs like Dasanahalli and Yeshwanthpur for daily needs. Its character remains largely community-oriented, with a mix of long-term residents and new migrants contributing to a slow but steady transformation.

Avg. Rate

3,480/sq. ft

Locality Rating

4.9/10

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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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