Avg. Rate
₹ 3,694/sq. ft
Locality Rating
4/10
Pilla Reddy Nagar is a residential locality situated in the Banaswadi area of Bengaluru East Zone, falling under the PIN code 560043. It is part of a well-established cluster of neighbourhoods that have seen gradual urban development over the past two decades. The area primarily consists of independent homes, layout plots, and a few small apartment complexes, reflecting its transition from a semi-urban to a more developed suburban character. Located close to major employment hubs like ITPL and KR Puram, Pilla Reddy Nagar benefits from its strategic position in eastern Bengaluru. It is surrounded by several well-known layouts such as Kaggadasapura, Chikka Banaswadi, and OMBR Layout, contributing to its integration within the city's expanding residential fabric. The locality offers basic civic amenities and is accessible via key arterial roads connecting to central and eastern parts of the city. While Pilla Reddy Nagar does not currently host large-scale real estate projects, it remains a preferred choice for homebuyers seeking affordable housing options with decent connectivity. The real estate market here is largely composed of resale properties and plotted developments, with moderate demand driven by proximity to transport links and essential services. Its location within the BBMP jurisdiction ensures municipal services and infrastructure upgrades over time.
Region
Banaswadi
City
Bengaluru
District
Bengaluru Urban
State
Karnataka
Pincode
560043
Population
13,500
Nearest Airport
Kempegowda International Airport (BLR)
Good road connectivity to major employment centers like Whitefield and ITPL
Close to essential amenities including schools, markets, and healthcare centers
Relatively lower property prices compared to central and north Bangalore
Limited metro connectivity with no station within 3 km radius
Inconsistent civic infrastructure including drainage and street lighting in parts
Normalized to 100 · Oct 2020 baseline
Timeline
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%)
Timeline
Average Rate
₹ 3,694/sq. ft
Average Price Range
₹ 1,800 – 7,627
Trend (5Y)
▲ 66.9%
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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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