Avg. Rate
₹ 3,854/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 Urban
State
Karnataka
Pincode
560050
Population
27,500
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
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
₹ 3,854/sq. ft
Average Price Range
₹ 1,800 – 8,085
Trend (5Y)
▲ 67.4%
Rates and Trends
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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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