Avg. Rate
₹ 4,285/sq. ft
Locality Rating
4/10
Raghavendra Block is a well-established residential neighborhood located in the Banashankari 3rd Stage, part of the larger Banashankari suburb in Bengaluru West Zone. With a PIN code of 560050, it is strategically situated near major residential hubs such as Markandeya Layout, Avalahalli, and Girinagar, offering a blend of suburban tranquility and urban accessibility. The area has evolved over decades as a middle-class residential hub, characterized by independent homes, smaller apartment complexes, and a strong community presence. Although Raghavendra Block does not currently host any large-scale real estate developments, it remains a sought-after locality due to its proximity to key infrastructure and connectivity points. Residents benefit from easy access to major roads like Mysore Road and the Outer Ring Road, as well as nearby commercial centers in Jayanagar and JP Nagar. The absence of high-rise projects has preserved the area’s low-density, neighborhood-centric character. The locality is well integrated into Bengaluru’s urban fabric, with essential amenities such as schools, healthcare centers, and markets located within a short distance. Public transport options, including city buses and the upcoming Metro connectivity, enhance its appeal. While property price data is not widely tracked, the area is known for relatively affordable housing compared to newer suburbs, making it a practical choice for homebuyers seeking value and stability.
Region
Banashankari
City
Bengaluru
District
Bengaluru Urban
State
Karnataka
Pincode
560050
Population
20,000
Nearest Airport
Kempegowda International Airport (BLR)
Excellent access to major roads and public transport
Well-served by schools, clinics, and local markets
Affordable real estate compared to central Bangalore
Limited new real estate developments
Metro connectivity still under development
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
₹ 4,285/sq. ft
Average Price Range
₹ 1,800 – 10,089
Trend (5Y)
▲ 91.8%
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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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