Home › Bangalore › South-East Bangalore › HSR Layout › Parangipalya

Parangipalya, HSR Layout · Bangalore

Parangipalya is a central residential pocket of the HSR Layout area, tucked beside Sector 2 in the heart of the layout. It offers a slightly more affordable, central address with HSR’s cafes on the doorstep, and apartments around ₹9,500–13,000/sq ft.

📍 Central HSR☕ beside Sector 2💰 relative value🏢 from ₹9.5k/sqft📮 560102
PARANGIPALYA · HSR LAYOUTYellow Line (Silk Board)Sector 2SomasundarapalyaParangipalya — hereSector 3HSR Layout ▸ORRYellow ~2 km · Blue Line HSR coming

Parangipalya is a central HSR pocket beside Sector 2. Schematic.
01 At a glance

Parangipalya at a glance

In short

Parangipalya is a central HSR Layout pocket (560102) beside Sector 2. Flats trade around ₹9,500–13,000/sq ft; it offers a relatively affordable, central address with HSR’s cafes, retail and core sectors within walking distance.

Metro
Yellow ~3km
Part of
Buy from
~₹9.5k /sqft
Vibe
central value
Config
2 & 3 BHK
Near
Sector 2 core
Rental yield
~3.1%
Pincode
560102
Best for
value in HSR, renters
Air quality
Moderate · AQI ~88
02 About Parangipalya

What is Parangipalya like?

Parangipalya is a central pocket of HSR Layout, an older, denser residential grid sitting right beside the prime Sector 2. It is a mix of apartments and independent homes, more workaday than the marquee sector but very central.

Its appeal is a central address at a slight discount: HSR’s cafes, 17th cross retail and core sectors are within walking distance, and the Yellow Line and ORR are a short drive. That draws value buyers and renters who want HSR’s location for less.

For buyers it is a central value pocket — expect denser, older stock at below-core prices, offset by unbeatable proximity to everything HSR offers.

03 Price & rent

Property prices & rent in Parangipalya

Config Monthly rent Buy (ready-to-move)
1 BHK ₹15k–24k ₹48–70 L
2 BHK ₹23k–37k ₹75 L–1.3 Cr
3 BHK ₹35k–55k ₹1.15–1.95 Cr

Parangipalya apartments trade around ₹9,500–13,000/sq ft, below the core sectors — you pay for a central, older pocket rather than a marquee sector, at a useful discount.

Value-buyer and renter demand keeps yields near 3.1%, helped by the walk-to-everything location.

04 Connectivity

Commute & connectivity from Parangipalya

To (from Parangipalya) Distance Time (peak) Best via
HSR core (Sector 2) ~1 km 4–10 min road
Bommanahalli metro (Yellow) ~3 km 12–22 min road
ORR tech parks (Bellandur) ~6 km 20–38 min ORR
Koramangala ~4 km 15–28 min road
Sarjapur Road ~4 km 15–28 min road
Airport (BLR) ~38 km 66–92 min ORR / Hebbal

Parangipalya is central to HSR, walking distance from the core sectors and ~3 km from the Yellow Line at Bommanahalli. A dedicated HSR Blue Line station is under construction nearby.

05 Where it is

Where Parangipalya sits in Bangalore

Parangipalya (blinking) is in South-East Bangalore, part of the greater HSR Layout area. The map shows Bangalore’s zones and the three operational metro lines — the Yellow Line runs along HSR’s western edge (nearest station Bommanahalli, ~2 km), and a dedicated HSR Layout station on the ORR Blue Line is under construction. Tap HSR Layout ▸ for the full guide. Schematic, not to scale.

NORTHEASTSOUTHWESTAirportYelahankaHebbalThanisandraYeshwanthpurKR PuramMahadevapuraMarathahalliWhitefield ▸Hoodi ▸Kadugodi ▸Varthur ▸BellandurSarjapur RdIndiranagarMG RdMajesticKoramangalaHSR Layout ▸JayanagarJP NagarBannerghatta RdElectronic CityBanashankariRajajinagarMalleswaramVijayanagarRR NagarKengeriMadavaraSilk InstituteRV RoadParangipalya

You are here: Parangipalya (blinking) — South-East Bangalore, a pocket of the HSR Layout area. Tap HSR Layout ▸ for the full area guide.
You are hereNearbyPurpleGreenYellow
06 Projects

Projects & properties in Parangipalya

Parangipalya is a central, denser market with select apartments. Browse live HSR Layout listings, or ask us for current Parangipalya inventory.

Central value apartments define Parangipalya. Tell our team your budget and we will shortlist verified Parangipalya and HSR-core options with a free site visit.

07 What’s here

Schools, malls, hospitals & green near Parangipalya

☕ Cafes

  • 17th cross ~1 km
  • HSR eateries in

🏫 Schools

  • Gopalan National near
  • DPS East near

🏥 Hospitals

  • Cloudnine ~1 km
  • Narayana ~8 km

🛍️ Retail

  • Sector 2 market ~1 km
  • local strips in
08 Verdict

Should you buy in Parangipalya?

✓ Pros

  • Central HSR at a discount
  • Walk to core sectors & cafes
  • Value entry to prime HSR
  • Steady rental demand

✗ Cons

  • Denser, older stock
  • Less planned polish
  • No metro station inside yet
  • Water varies — verify
Our team’s read: Parangipalya is a central-value pick — best for value buyers and renters who want to be a short walk from HSR’s core sectors and cafes without paying core-sector prices, and can accept a denser, older pocket.
09 FAQ

Parangipalya, HSR Layout — frequently asked questions

Is Parangipalya a good place to live?
Yes, for value buyers who want central HSR. It sits right beside Sector 2 with cafes, retail and the core sectors within walking distance, at below-core prices. The trade-offs are denser, older stock and less planned-layout polish.
Does Parangipalya have a metro station?
Not inside yet. The nearest operational station is on the Yellow Line at Bommanahalli, ~3 km away, and a dedicated HSR Layout Blue Line station is under construction nearby.
What is the property price in Parangipalya?
Apartments trade around ₹9,500–13,000 per sq ft (roughly ₹1.15–1.95 Cr for a 3 BHK), below HSR’s core sectors.
Is Parangipalya part of HSR Layout?
Yes — Parangipalya is a central pocket of the greater HSR Layout area, beside Sector 2. See our full HSR Layout guide for the wider market.
10 Part of HSR Layout

Parangipalya is part of HSR Layout

Parangipalya is one of the pockets that make up the greater HSR Layout area in South-East Bangalore. For the full HSR Layout price map, connectivity, metro plans, employers, schools, projects and our verdict, read the complete HSR Layout area guide.

Written by
NxtFootstep Research Desk
Last updated
16 July 2026
Parent area
Area context
AreaParangipalya
Part ofHSR Layout
Pincode560102
MetroYellow ~3 km
Buy from~₹9,500/sqft
NearSector 2 core

Looking for a property in Parangipalya?

Get a Callback →

or call +91 80503 63647

Discover leading properties and secure your dream home with us. Expert guidance and support at every step.

HSR Layout Bangalore

Discover Your Perfect Place

This website is an independent property listing and marketing platform operated by an Authorized Channel Partner.

© 2026 Nxtfootstep - Real Estate Properties. All rights reserved.