New Launch - India Real Estate Report 2026.

Phase 1

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Avg. Rate

₹ 4,807/sq. ft

Locality rating icon

Locality Rating

4/10

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.

Region

Bedarahalli

City

Bengaluru

District

Bengaluru Urban

State

Karnataka

Pincode

560091

Population

13,500

Nearest Airport

Kempegowda International Airport (BLR)

Neighbourhood Insights byPulse AI Logo

Locality price index icon

The Good

Well-planned infrastructure with wide, well-maintained roads

Safe and family-friendly environment with active community living

Proximity to major employment hubs like Manyata Tech Park and ORR

Locality price index icon

The Bad

Limited new real estate projects and housing options

Metro connectivity still indirect and requires last-mile access

Aurum Price Index for Phase 1

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

₹ 4,807/sq. ft

Average Price Range

₹ 1,800 – 12,137

Trend (5Y)

▲ 103.4%

Nearby Neighborhoods

BEL Layout

BEL Layout, located in Bedarahalli within Bengaluru's West Zone, is a well-established residential neighborhood developed primarily to accommodate employees of Bharat Electronics Limited (BEL), one of India's leading defense electronics companies. The area falls under the 560091 pincode and features a planned layout with wide roads, tree-lined avenues, and a mix of independent homes and apartment complexes. Over time, it has evolved into a sought-after locality due to its peaceful environment and proximity to key employment hubs like ISRO, HAL, and DRDO. The locality benefits from strong civic infrastructure, with reliable water and power supply, and is surrounded by several educational institutions, healthcare centers, and retail options. While the real estate market in BEL Layout remains relatively stable, there are no large-scale new projects currently underway, indicating a mature residential zone rather than a developing one. Its connectivity to major IT corridors via Outer Ring Road and Tumakuru Road enhances its appeal for professionals working in the city’s tech sectors. BEL Layout shares borders with neighborhoods such as Bharath Nagar, Phase 1, Bel Layout II Phase, and the 8th Block, forming part of a larger residential cluster in west Bangalore. The community is known for its quiet, family-oriented atmosphere, with a strong presence of middle- and upper-middle-class households. Despite limited metro access, the area remains well-connected through BMTC bus routes and private transport options, making it convenient for daily commuters.

Avg. Rate

₹ 4,134/sq. ft

Locality Rating

4.6/10

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Sir M Visvesvaraya nagara 8th block

Sir M Visvesvaraya Nagar 8th Block is a residential neighborhood located within the larger Annapurneshwari Nagar area in the Bengaluru West Zone. Named after the eminent Indian engineer and statesman Sir M. Visvesvaraya, this block forms part of a well-established residential cluster that has evolved over the past few decades. The area is primarily composed of independent homes, semi-independent units, and small-scale apartment complexes, catering to middle-income families and professionals working in nearby IT hubs and industrial zones. Situated in the northern fringes of Bengaluru, the locality benefits from proximity to key employment centers such as Hebbal, Manyata Tech Park, and HAL Airport. While it lacks large-scale real estate developments, the area has seen steady growth in infrastructure and connectivity, supported by road networks linking it to major arteries like the Outer Ring Road and Tumakuru Road. The pincode 560091 serves this block and surrounding areas, facilitating postal and logistical services. The residential fabric of Sir M Visvesvaraya Nagar 8th Block remains relatively low-rise and community-oriented, with limited commercial encroachment. Residents enjoy access to basic civic amenities, local markets, and educational institutions in adjacent neighborhoods. Though not a prime luxury real estate destination, it offers an affordable entry point into west Bengaluru’s property market, particularly for those prioritizing connectivity and functional living over premium amenities.

Avg. Rate

₹ 4,536/sq. ft

Locality Rating

4/10

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Bedarahalli

Bedarahalli is a developing residential and industrial locality situated in the Bengaluru West Zone, falling under the administrative jurisdiction of BBMP. With a PIN code of 560091, it lies on the outskirts of central Bengaluru, serving as a transitional zone between urban settlements and semi-rural landscapes. The area is witnessing gradual urbanization due to its strategic location near major industrial and residential hubs, attracting modest real estate interest from budget-conscious buyers and small-scale investors. Historically an agrarian village, Bedarahalli has evolved with the expansion of Bengaluru’s IT and manufacturing corridors, absorbing spillover growth from nearby localities like Nagarabhavi and Jalahalli. While large-scale real estate projects are currently absent, the region features independent homes, small apartment units, and industrial plots, reflecting a mixed-use development pattern. Its proximity to employment centers and relatively lower land costs make it a candidate for future growth. Connectivity in Bedarahalli is primarily road-based, with access to key arteries like the NH 48 and Tumakuru Road enabling commutes to central Bengaluru and surrounding industrial zones. Basic civic infrastructure is developing, with schools, healthcare centers, and local markets serving the community. However, the area still lacks metro connectivity and faces challenges in drainage and road maintenance, which are common in peripheral zones undergoing rapid urban transition.

Avg. Rate

₹ 4,153/sq. ft

Locality Rating

5.2/10

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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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