Rainbow Drive
Avg. Rate
₹ 4,189/sq. ft
Locality Rating
5.2/10
Rainbow Drive is a developing residential locality situated in the southern part of Bengaluru, falling under the Bengaluru South Zone with a PIN code of 560035. Nestled near the bustling areas of Konanakunte and Hongasandra, it lies on the outskirts of the city’s tech corridor, offering a quieter alternative to the more densely populated urban centers. Historically an agrarian and semi-rural region, Rainbow Drive has gradually witnessed land conversion and residential development due to the city’s southward expansion. The area is primarily composed of independent homes and layout developments, with limited high-rise construction, making it appealing for those seeking a suburban lifestyle. While there are no major commercial or residential projects currently listed, the region benefits from proximity to key infrastructure and growing connectivity. Real estate in Rainbow Drive remains relatively affordable compared to central Bengaluru, attracting buyers looking for space and tranquility. Connectivity has improved with the expansion of the NICE Road and access to the Bengaluru-Mysore Highway, though public transport remains limited. Nearby localities such as Bettadasanapura, Kudlu, and Gopasandra contribute to a developing suburban cluster with shared amenities. As Bengaluru continues to sprawl southward, Rainbow Drive is gradually being integrated into the city’s larger urban fabric, with potential for future growth.
Region
Bengaluru
City
Bengaluru
District
Bengaluru Urban
State
Karnataka
Pincode
560035
Population
9,000
Nearest Airport
Kempegowda International Airport (BLR)
Neighbourhood Insights by
The Good
Offers relatively affordable real estate compared to central Bengaluru
Well-connected to major highways with future growth potential
Peaceful, low-density residential environment away from city congestion
The Bad
Limited public transport and metro accessibility
Underdeveloped social and commercial infrastructure
Aurum Price Index for Rainbow drive
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
Timeline
Average Rate
₹ 4,189/sq. ft
Average Price Range
₹ 1,800 – 9,566
Trend (5Y)
▲ 84.3%
Nearby Neighborhoods
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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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