New Launch - India Real Estate Report 2026.

Phase II

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Avg. Rate

₹ 4,154/sq. ft

Locality rating icon

Locality Rating

5/10

Phase II is a well-established residential neighborhood located within the larger Banashankari area in Bengaluru West Zone. It falls under the postal code 560085 and is part of the city's southern corridor, known for its mature urban development and accessibility. Developed primarily in the late 20th century, Phase II shares boundaries with key localities such as Avalahalli, Girinagar, and Banashankari 3rd Stage, contributing to its strategic position in South Bangalore. The area reflects a blend of older residential planning and evolving real estate demand. Characterized by tree-lined streets and mixed land use, Phase II offers a range of housing options from independent homes to older apartment complexes. While large-scale new developments are limited, the locality remains desirable due to its proximity to educational institutions, healthcare facilities, and commercial hubs. Real estate here is relatively stable, with property transactions driven more by rental demand and long-term residential appeal than speculative growth. Connectivity is a major strength, with easy access to major roads like Mysore Road (State Highway 17) and the Outer Ring Road via JP Nagar. The area benefits from established civic infrastructure and is surrounded by neighborhoods like Ashok Nagar, Veerabhadra Nagar, and Telecom Colony, enhancing its community fabric. Though not a high-density commercial zone, Phase II serves as a quiet, family-friendly enclave within one of Bangalore’s most enduring residential belts.

Region

Banashankari

City

Bengaluru

District

Bengaluru Urban

State

Karnataka

Pincode

560085

Population

28,000

Nearest Airport

Kempegowda International Airport (BLR)

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The Good

Excellent connectivity to central and southern Bangalore via Mysore Road and Hosur Road

Home to reputed schools and healthcare centers within close reach

Safe, family-oriented neighborhood with low crime and active resident associations

Locality price index icon

The Bad

Limited new real estate developments and housing inventory

Moderate traffic congestion near Mysore Road and signal intersections

Avalahalli B.D.A. ParkNear Phase II, Banashankari, Bengaluru West Zone, Bengaluru

Aurum Price Index for Phase ii

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

₹ 4,154/sq. ft

Average Price Range

₹ 1,800 – 9,454

Trend (5Y)

▲ 84%

Nearby Neighborhoods

Kadavanthra

Kadavanthra is a residential locality situated in the Banashankari region of Bengaluru West Zone, falling under the administrative PIN code 560085. Nestled within the well-established southern corridor of Bengaluru, Kadavanthra shares proximity with prominent neighborhoods such as Banashankari 3rd Stage, 4th Phase Girinagar, and Hosakerehalli Layout, contributing to its integration within a mature urban fabric. Though not widely recognized as a standalone commercial hub, it functions as a quiet residential extension of the larger Banashankari township, offering access to city amenities while maintaining a relatively peaceful environment. The area features a mix of independent homes, smaller apartment complexes, and plotted developments, appealing primarily to middle-income homebuyers and long-term residents. Real estate activity in Kadavanthra remains modest compared to more rapidly developing zones of Bengaluru, with limited large-scale projects reported in recent years. Property pricing data is sparse due to low transaction volume, but values are generally aligned with those of surrounding Banashankari stages, making it a relatively affordable option within South Bengaluru. Connectivity in Kadavanthra is facilitated through key arterial roads linking it to major employment centers, educational institutions, and healthcare facilities across the city. While public transport options are accessible via nearby localities, the area benefits from its closeness to the Bangalore Metro’s Green Line, enhancing its appeal for daily commuters. Kadavanthra continues to grow steadily, supported by the established infrastructure of Banashankari and its reputation for a stable, community-oriented living environment.

Avg. Rate

₹ 4,107/sq. ft

Locality Rating

4.6/10

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Giri Nagar

Giri Nagar is a well-established residential locality situated in the Banashankari 3rd Stage of Bengaluru West Zone, falling under the postal code 560050. Nestled within the larger Banashankari neighborhood, Giri Nagar is primarily a peaceful, family-oriented area with a mix of independent homes and smaller apartment complexes. Its strategic location provides easy access to major parts of South and West Bengaluru, making it a convenient residential choice for professionals and retirees alike. The area is surrounded by prominent neighborhoods such as Avalahalli, VHBC Layout, 4th Phase Girinagar, and Ambedkar Nagar, contributing to a well-knit urban fabric. While Giri Nagar itself does not host large commercial hubs, it benefits from proximity to key infrastructure including schools, healthcare centers, and markets located in adjacent localities like Banashankari 1st and 3rd Stages. The real estate here is mostly composed of older, resale properties with limited new developments, offering affordability compared to newer suburbs. Connectivity is a strong point, with easy access to the Mysore Road State Highway and the NICE Road via Avalahalli, enabling faster commutes to Electronic City, Mysore, and the Kempegowda International Airport. The upcoming Bangalore Metro Phase 3, with its extension along the Mysore Road corridor, is expected to further improve public transport options, although direct metro connectivity is currently limited. Giri Nagar remains a preferred choice for those seeking a quieter lifestyle without being too far from urban conveniences.

Avg. Rate

₹ 3,962/sq. ft

Locality Rating

4/10

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Vinobha Colony

Vinobha Colony is a well-established residential neighborhood located in the Banashankari 3rd Stage, falling under the Bengaluru West Zone. It shares the PIN code 560085 and is part of the larger Banashankari administrative area, known for its structured layout and proximity to key city hubs. The locality has evolved over decades into a peaceful, family-friendly enclave with a mix of independent homes and modest apartment complexes. Though not a major real estate hotspot, it attracts buyers seeking affordable housing in a stable, well-connected part of South Bengaluru. Strategically positioned, Vinobha Colony benefits from excellent connectivity to major employment centers like Jayanagar, JP Nagar, and IT corridors along Mysore Road and Bannerghatta Road. It lies close to the Outer Ring Road (ORR) and is accessible via Kanakapura Road and Chord Road, making daily commutes manageable. While large-scale real estate developments are currently absent, the area maintains steady demand due to its mature infrastructure, proximity to schools, hospitals, and markets, and its integration within the Banashankari ecosystem. The neighborhood is surrounded by prominent localities such as Avalahalli, Hosakerehalli Layout, Ambedkar Nagar, and Gavipuram Extension, enhancing its accessibility and utility. Residents enjoy access to civic amenities including water supply, electricity, and drainage, supported by BBMP governance. With its community-driven character and steady growth, Vinobha Colony remains a practical choice for middle-income families and long-term residents seeking a balanced urban lifestyle in South Bengaluru.

Avg. Rate

₹ 3,971/sq. ft

Locality Rating

4.1/10

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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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