Near Peenya Industrial Area is considered as one of the top localities of the Bangalore city. Peenya is situated on the Bangalore-Tumkur Highway and the development of this region was done under the joint initiative of Karnataka Industrial Areas Development Board (KIADB) and Karnataka State Small Industries Development Corporation (KSSIDC).This location, situated in the Western Bangalore, is gaining momentum because of the proposed metro plan.

The residential corridors which are located near Peenya include Rajajinagar, RMV, Kodigehalli, Sadashiva Nagar, Hebbal, Jalahalli, Nagarbhavi, Basveswarnagar, Nelamangala, Malleshwaram and Yashwanthpur. The home buyers matrix for the upcoming properties in Peenya Industrial Area comprises of employees and businessmen. There are a plenty of well-known schools in and around Peenya Industrial Area. Some of them are Standard Public School, Saint Josephs English Nursery and High School, Government Public School, Saint Sisters School and Schoenstatt St Mary's School. A number of good colleges for higher education in the field of nursing and medical are also located in the nearby locations.

The key builders who are constructing affordable flats in Peenya Industrial Area include Metro Properties, Sobha, Divya, Godrej, Pratham Constructions, Vaishnavi, DS Max, Salarpuria and Vani properties. The under construction properties near Peenya Industrial Area have a built up area ranging from 610 sq ft to 4,200 sq ft. The configuration of the new apartments in Peenya Industrial Area ranges from 1 BHK to 5 BHK.