Avg. Rate
₹ 7,461.25/sq. ft
Locality Rating
4.9/10
Srinagar is a well-established residential locality situated in the Banashankari area of Bengaluru West Zone, known for its peaceful environment and strong community presence. With a PIN code of 560050, it forms part of the southern quadrant of Bengaluru and lies in close proximity to key areas like Girinagar, Banashankari 3rd Stage, and Avalahalli. The locality has evolved over decades, retaining a traditional residential character while benefiting from the urban expansion of South Bengaluru. Srinagar offers a mix of independent homes and smaller apartment complexes, appealing to middle- and upper-middle-class families seeking affordable yet convenient living options. Though there are currently no large-scale real estate developments underway, the area remains popular due to its accessibility and neighborhood stability. Property demand is steady, driven by proximity to commercial hubs and essential amenities. Connectivity is a major strength, with easy access to Mysore Road, Kanakapura Road, and the Outer Ring Road via nearby localities. The area is well-linked to IT corridors like BTM Layout and Electronics City, making it suitable for professionals. Schools, temples, grocery markets, and healthcare centers are within walking or short driving distance, enhancing day-to-day convenience for residents.
Region
Banashankari
City
Bengaluru
District
Bengaluru
State
Karnataka
Pincode
560050
Population
Estimated population of Srinagar is around 25,000–30,000 (based on ward-level data from BBMP 2023 estimates), reflecting a mix of long-term residents and working professionals.
Nearest Airport
Kempegowda International Airport (BLR)
Excellent connectivity to major employment centers in South Bengaluru
Abundance of schools, temples, and local markets within walking distance
Relatively quieter and less congested compared to neighboring Banashankari
Limited availability of large modern apartment projects
Inconsistent road maintenance and drainage issues during monsoon
Timeline
Average Rate
₹ 7,461.25/sq. ft
Average Price Range
₹ 1,800 – ₹ 9,150
Trend (5Y)
▲ 80.2%
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