Avg. Rate
₹ 7,461.25/sq. ft
Locality Rating
5/10
Racecourse is a well-established residential locality situated within the prime Gandhi Nagar area of central Bengaluru, falling under the Bengaluru Central Zone. It derives its name from the nearby Bangalore Turf Club and the historic racecourse that once occupied a significant portion of the region, lending the area a legacy of colonial-era leisure and urban planning. The locality is centrally located, offering proximity to key commercial hubs like MG Road and Richmond Town, making it a sought-after address for professionals and families alike. Despite its urban setting, Racecourse retains a relatively quiet and residential character. The area is served by the PIN code 560001 and is surrounded by prominent neighborhoods such as Madhava Nagar to the south, Lakshmanpuri to the west, and Cox Town to the east, enhancing its connectivity and accessibility. While there are no major new real estate developments currently underway, the existing housing stock consists largely of independent homes, older apartments, and government or institutional housing, appealing to buyers seeking central locations with established infrastructure. Property prices in Racecourse are influenced more by location and land value than by new construction, given the absence of large-scale ongoing projects. Residents benefit from excellent access to civic amenities, including top-tier schools, hospitals, and markets, while the presence of tree-lined avenues and proximity to parks contribute to a livable environment. Public transport options are robust, with frequent bus services and metro connectivity nearby, facilitating easy commutes across the city. Though not a high-rise or high-density zone, Racecourse remains a strategic micro-market within Bengaluru’s real estate landscape due to its central positioning and historical significance.
Region
Gandhi Nagar
City
Bengaluru
District
Bengaluru
State
Karnataka
Pincode
560001
Population
Estimated population of Racecourse is approximately 12,000–15,000, based on ward-level data from BBMP (2023) for Gandhi Nagar division.
Schools
3
Nearest Airport
Kempegowda International Airport (BLR)
Excellent connectivity to major employment and commercial hubs
Well-served by public transport including metro and buses
Established neighborhood with reliable civic infrastructure
Limited availability of new residential developments
Traffic congestion during peak hours on adjacent arterial roads
Timeline
Average Rate
₹ 7,461.25/sq. ft
Average Price Range
₹ 1,800 – ₹ 9,150
Trend (5Y)
▲ 80.2%
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