Avg. Rate
₹ 4,921/sq. ft
Locality Rating
4.6/10
Shankar Nagar is a well-established residential locality situated within Nandini Layout in the Bengaluru North Zone of Karnataka. It falls under the postal code 560096 and is part of a larger network of neighborhoods that include Vijayananda Nagar, Srikanteswara Nagar, and Rajivgandhi Nagar. Though not a major real estate hub, Shankar Nagar offers affordable housing options and is primarily composed of independent homes and smaller residential complexes. The area has developed gradually over the decades, benefiting from its proximity to key industrial and residential zones like B.H.E.L. Township and Industrial Workers Layout. While large-scale commercial development is limited, the locality enjoys access to essential amenities such as schools, temples, and local markets. Its quiet, community-oriented environment makes it suitable for families and long-term residents. Connectivity in Shankar Nagar is functional, with access to major roads like the Outer Ring Road (ORR) and proximity to Hebbal and Vidyaranyapura. However, the absence of major metro infrastructure or large upcoming projects means real estate growth has remained moderate. Despite limited new developments, the area maintains steady demand due to its affordability and established social fabric.
Region
Nandini Layout
City
Bengaluru
District
Bengaluru Urban
State
Karnataka
Pincode
560096
Population
20,000
Nearest Airport
Kempegowda International Airport (BLR)
Offers budget-friendly residential properties compared to central Bangalore localities
Well-connected to employment hubs like Hebbal and Yelahanka via ORR
Peaceful, family-friendly atmosphere with strong community ties
Limited access to metro and rapid transit infrastructure
Sparse availability of modern retail and entertainment options
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
₹ 4,921/sq. ft
Average Price Range
₹ 1,800 – 12,688
Trend (5Y)
▲ 108.6%
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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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