Avg. Rate
₹ 7,461.25/sq. ft
Locality Rating
4/10
Parvathi Nagar is a residential locality situated within the Peenya industrial belt in the Bengaluru East Zone, bearing the PIN code 560058. Nestled close to key industrial and residential hubs, it forms part of the larger Peenya development corridor that has evolved significantly over the past two decades. The area primarily consists of independent homes and small-scale housing complexes, catering to middle-income families and working professionals employed in nearby industries. The locality benefits from proximity to major employment zones, including the Peenya Industrial Area, one of Bengaluru’s oldest and most established manufacturing and engineering hubs. While large-scale real estate projects are currently limited, the region attracts demand due to affordable housing options compared to central and southern parts of the city. Its integration with the city’s transport network enhances accessibility for daily commuters. Parvathi Nagar shares borders with several well-known neighborhoods such as Chamundi Nagar, Rajagopala Nagar, and Peenya Industrial Area Phase IV, contributing to its mixed-use character. Basic civic infrastructure is in place, with municipal water, electricity, and road connectivity, though some pockets may still face developmental lags. As urban expansion continues westward, Parvathi Nagar is gradually witnessing incremental growth in residential interest.
Region
Peenya
City
Bengaluru
District
Bengaluru
State
Karnataka
Pincode
560058
Population
Estimated population of Parvathi Nagar is approximately 18,000–22,000 (based on 2011 census ward data and recent urban growth projections for Peenya zone)
Nearest Airport
Kempegowda International Airport (BLR)
Offers budget-friendly independent homes and plots for middle-income buyers
Excellent connectivity to Peenya Industrial Area and major IT hubs via NH 44
Access to essential civic amenities and developing local markets
Limited access to premium social infrastructure like malls and reputed schools
Some areas face drainage and road maintenance issues during monsoon
Timeline
Average Rate
₹ 7,461.25/sq. ft
Average Price Range
₹ 1,800 – ₹ 9,150
Trend (5Y)
▲ 80.2%
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