Avg. Rate
₹ 4,523/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 Urban
State
Karnataka
Pincode
560001
Population
13,500
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
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
₹ 4,523/sq. ft
Average Price Range
₹ 1,800 – 10,962
Trend (5Y)
▲ 95.7%
Rates and Trends
Track live property prices, locality trends, and market movements to make informed real estate decisions.
CIBIL Tracker
Monitor your credit score, loan inquiries, and credit activity to stay financially prepared.
Home Loan EMI Calculator
Calculate EMIs instantly and view interest, principal, and repayment schedules with ease.
Unit Converter
Convert carpet, built-up, and super built-up areas across commonly used property units.
Loan Transfer Calculator
Estimate savings from transferring your home loan and compare refinancing opportunities.
SIP Calculator
Plan your investment goals with monthly SIP projections and expected wealth creation estimates.
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


Ask Pulse Ai anything about real estate
News, Infographics, Blogs & More! Delivered to your inbox.