New Launch - India Real Estate Report 2026.

Phase-3

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Avg. Rate

2,278/sq. ft

Locality rating icon

Locality Rating

4.4/10

Phase-3, located in the eastern part of Bengaluru within the Bengaluru East Zone, is a developing residential locality with a PIN code of 560077. Nestled close to major suburban hubs like Ramamurthy Nagar, Doddanekkundi, and Baiyappanahalli, Phase-3 serves as a transitional neighborhood between established residential zones and upcoming infrastructure corridors. While primarily residential, the area has seen gradual growth in real estate activity, supported by proximity to employment centers in Whitefield and KR Puram. The locality benefits from access to key city roads such as the Outer Ring Road (ORR) and is surrounded by neighborhoods like Kothanur, Lingarajapuram, and Dooravani Nagar, enhancing its connectivity footprint. Though still emerging in terms of commercial development, Phase-3 offers a quieter alternative to more congested parts of East Bangalore, attracting mid-income homebuyers and investors seeking affordable entry points into the property market. With an average price of Rs. 6,984 per square foot and only one major residential project currently recorded, Phase-3 remains under the radar compared to high-demand zones. However, its potential is tied to broader urban expansion trends in East Bengaluru, especially as infrastructure like the Metro and road upgrades improve accessibility. Amenities such as schools, hospitals, and markets are available in adjacent localities, making daily living convenient despite the area’s nascent stage of development.

Region

Bengaluru

City

Bengaluru

District

Bengaluru Urban

State

Karnataka

Pincode

560077

Population

17,500

Schools

3

Nearest Airport

Kempegowda International Airport (BLR)

Neighbourhood Insights byPulse AI Logo

Locality price index icon

The Good

Relatively affordable real estate compared to neighboring areas like Whitefield and KR Puram

Well-connected to major employment hubs via ORR and upcoming Metro links

Proximity to established neighborhoods ensures access to schools, hospitals, and markets

Locality price index icon

The Bad

Limited number of completed residential projects and underdeveloped local infrastructure

Sparse public transport options directly within Phase-3

Alpha College of EngineeringNear Phase-3, Bengaluru East Zone, Bengaluru
St. Norbert SchoolNear Phase-3, Bengaluru East Zone, Bengaluru
Vijaya Vittala Institute of TechnologyNear Phase-3, Bengaluru East Zone, Bengaluru

Aurum Price Index for Phase-3

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

2,278/sq. ft

Average Price Range

1,0624,906

Trend (5Y)

74.9%

Nearby Neighborhoods

Essel Gardens

Essel Gardens is a well-established residential locality situated in the eastern part of Bengaluru, falling under the Bengaluru East Zone with the PIN code 560077. Developed primarily as a planned housing project, it forms part of the larger Ramamurthy Nagar cluster and is known for its peaceful environment and family-friendly layout. The area features a mix of independent homes and apartment complexes, with a total of six real estate projects contributing to its steady residential growth. Over the years, Essel Gardens has evolved into a sought-after neighborhood due to its balance of affordability and accessibility. Strategically located, Essel Gardens enjoys strong connectivity to key employment hubs like Whitefield, KR Puram, and IT corridors along Old Airport Road. Major arterial roads such as the Outer Ring Road (ORR) and Varthur Road are within easy reach, enabling smooth commutes across the city. The proximity to the upcoming Metro extensions adds to its long-term appeal, especially for professionals working in the eastern and southeastern tech belts. Real estate in the area is priced at an average of Rs. 8,479 per square foot, making it competitive compared to neighboring localities. The locality benefits from a growing ecosystem of essential amenities, including schools, hospitals, grocery stores, and local markets that cater to day-to-day needs. Green spaces and tree-lined avenues enhance the aesthetic and environmental quality of the neighborhood. While still developing in terms of high-end retail and entertainment, Essel Gardens offers a quiet, community-oriented lifestyle ideal for middle-income families and retirees. Its steady infrastructure development and location advantage continue to attract both homebuyers and investors.

Avg. Rate

4,327/sq. ft

Locality Rating

4.3/10

Explore Neighbourhood

Rampura

Rampura is a developing residential locality situated in the eastern part of Bengaluru, falling under the Bengaluru East Zone with the PIN code 562149. Nestled amidst a cluster of emerging neighborhoods, Rampura is gradually gaining attention for its affordable real estate options and proximity to key employment hubs like Whitefield and KR Puram. The area is primarily composed of independent homes, plotted developments, and a few modern residential projects, making it an attractive choice for mid-income homebuyers and investors. Though still in the transitional phase from semi-urban to urban, Rampura benefits from ongoing infrastructure development and improved road connectivity. The locality is surrounded by well-established areas such as Doddanekkundi, Lingarajapuram, and Vimanapura, which provide access to essential amenities including schools, hospitals, and shopping centers. Residents enjoy proximity to major tech parks and commercial zones, contributing to the growing demand for housing in the region. With an average 2BHK property priced at approximately Rs. 1.04 crore and an average price per square foot of Rs. 10,588, Rampura offers relatively cost-effective options compared to central and western parts of Bengaluru. Despite being less densely populated, Rampura is witnessing steady urbanization, supported by improved civic infrastructure and transport links. The presence of multiple residential projects indicates increasing developer interest, signaling long-term growth potential. However, the area still faces challenges related to last-mile connectivity and inconsistent civic amenities, which are gradually being addressed as part of Bengaluru's eastern expansion plans.

Avg. Rate

3,443/sq. ft

Locality Rating

4.2/10

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K Channasandra

K Channasandra is a residential locality situated in the eastern part of Bengaluru, falling under the Bengaluru East Zone with the PIN code 560043. Historically an agrarian settlement, it has gradually transformed into a residential hub due to the city's urban sprawl and infrastructure development. The area is surrounded by rapidly developing neighborhoods such as Doddanekkundi, Panathur, and Kothanur, contributing to its growing real estate appeal. Real estate in K Channasandra is characterized by limited but premium housing options, with an average 2BHK property priced at approximately Rs. 2.3 crore and an average price per square foot of Rs. 22,964. Despite having only one major residential project currently, the area attracts buyers seeking quieter residential pockets with good connectivity to employment hubs like Whitefield and IT corridors along Old Madras Road. Connectivity is supported by proximity to major roads such as Old Madras Road and the Outer Ring Road, enabling access to central and eastern Bengaluru. While the locality lacks direct metro access, its closeness to key transport arteries and nearby commercial zones enhances its livability. Residents benefit from nearby civic amenities, schools, and healthcare centers located in adjacent neighborhoods like Jeevan Bima Nagar and Dooravani Nagar.

Avg. Rate

3,948/sq. ft

Locality Rating

4.4/10

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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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