In the past few years, the real estate market in India has seen tremendous growth. Traditionalist sentiments in the country regarding property ownership, increased purchasing power and improved lifestyles have resulted in unprecedented activity in real estate. While regions such as Delhi and NCR are seen at the forefront of this upsurge, Bangalore is one of the predominantly preferred investment destinations in the south of the nation. Here, we look at some of the hottest upcoming localities in Bangalore;
Jayanagar is one of the better-known localities in Bangalore. While property price trends in the area have fluctuated in the past couple of years, constant appreciation has been seen from January 2013 to December 2013. Presently, the price for a sq. ft. in the region is Rs. 8,055. Jayanagar enjoys immense popularity among prospective property investors due to its proximity to various facilities in general and the centre of Bangalore city.
Nearby schools, hospitals and other facilities in Jayanagar
Educational institutions in the vicinity include Vijaya College, Unikidz and the Vivekananda Educational Center.
Bangalore Hospital, Clumax Diagnostics, Vasan Eye Care Hospital and Cloude Nine Maternity Hospital are some of the medical facilities in the area.
For leisure, outlets like the Garuda Swagath Mall, Jayanagar Shopping Complex, Baby’s Plane, Fashion Bazar and More Mega Store are options.
Many construction undertakings in the area have sprung up in the recent past. Firms like Mantri, Sobha and the Brigade Group have projects in Jayanagar.
Another one of Bangalore’s more prominent residential areas, Banashankari, has seen steady appreciation in property price rates. From Rs. 6233 per sq. ft. in the quarter from October to December 2012 to Rs. 7,155 per sq. ft in the October-December quarter of 2013.
Nearby schools, hospitals and other facilities in Banashankari
Yankee Doodle Nursery School, PES College of Pharmacy, Nikhila Institute of Music and the Sahayadri Correspondence Institution are some of the educational establishments in and around Banashankari.
As far as medical institutions go, Vinayaka Hospital, KR Hospital, Sri Ram Nursing Home, Vittal Eye Hospital and Suhas Diagnostic Center are some of the renowned ones in the region.
Gopalan Mall, Nilgiris, Mega Mart Arvind Retail and KB’s Fair Price are in the locality as well if one wants places to shop. Mantri Square is 6.7 km from Banashankari and is one of the premier malls in Bangalore.
If one were to invest in property in Banashankari, projects that include Prestige Brooklyn Heights and Prestige Southridge would be worth looking at.
At a property price (for the July-September quarter of 2013) of Rs. 4,342 per sq. ft, Hosur Road is an attractive option for investment. The prices in the neighborhood are constantly rising as well.
Nearby schools, hospitals and other facilities on Hosur Road
Don Bosco PG College, Vanguard Business School, Bommanahalli Government School, Oxford Engineering College and Image College of Arts, Animation & Technology are among the well known educational hubs on Hosur Road.
A number of healthcare institutions exist in the locale. Some of these include Bhaanu Nursing Home, Prashanth Hospital, Aswad Hospital, Dr. Levine Memorial Hospital and the Greenview Medical Center.
Acer Mall, Vishal Mega Mart, Forum Mall, Coupon Mall and the Sport Mall on Hosur Road provide centers for relaxation and entertainment.
Uniworld Resorts and NBR have constructions on Hosur Road that are popular among people looking to invest.
In the quarter from October to December 2013, property prices in Marathahalli were Rs. 4,350 per sq. ft. Price appreciation is predicted for the suburb going into 2014.
Nearby schools, hospitals and other facilities in Marathalli
A glut of options exists in Marathahalli as it pertains to educational centers. Some of the more well-known ones include Dr. Syamala Reddy Dental College, Ravindra Bharathi School, the Funny Bunny Playschool and the MJV College of Education.
VIMS Specialty Hospital in Marathahalli is renowned for their healthcare facilities. Sankara Eye Hospital, MGA Hospital, AVN Arogya Ayurvedic Center and Deepa Nursing Home are some of the other medical establishments around.
There are outlets of Staples, Brand Factory, PUMA, Mega Mart and Reebok in the region. E Zone in Marathahalli is one of the most popular clubs in the state and has played host to artists such as Above and Beyond. Marathahalli Shopping Center is another favored destination of those looking to distress and unwind. NBR, Bren Avalon, Sraddha and Srishti Pradhan are developers with projects in Marathahalli.
The price per sq. ft. in Devanahalli for the quarter from October to December 2012 was Rs. 3,985. It has since risen to Rs. 4,138 per sq. ft (October – December 2013). As the trend suggests, property prices in the region are increasing and show no signs of letting down. The area’s close proximity to the Bangalore International Airport makes it a lucrative option for investment.
Nearby schools, hospitals and other facilities in Devanhalli
Devanahalli boasts of numerous educational institutions. These include Oxford School, Akash International School, AVN School, M.S. College of Engineering and Sri Venkateshwara College of Engineering.
Shri Shridi Sai Hospital, Manasa Hospital, Government Hospital, National Center for Disease Informatics and Research and Drishti Eye Care Center are some of the medical establishments in the neighborhood.
For entertainment purposes, some of the popular haunts in Devanahalli are Timeout Bar, Odyssey and Club Cubana.
BlueBoy Estates, H.N. Realtors, Raheja Associates and Apex Estates and Properties are a few of the property dealers in Devanahalli.
At the end of the quarter from October-December 2013, Hebbal had an average property price of Rs. 6,100 per sq. ft. The unwavering upward curve as it pertains to increase in prices suggests that investing in property in Hebbal would turn out to be extremely profitable in the future.
Nearby schools, hospitals and other facilities in Hebbal
A number of premier educational institutions operate out of Hebbal, and a few of them include Ann Maria Public School, Acharya Institute of Health Sciences, Williams International PU and Degree College and Life Line School of Nursing.
Columbia Asia is one of the most popular medical establishments in the state. Its presence in Hebbal adds to the property value considerably. Other healthcare concerns comprise of Bangalore Baptist Hospital, Sanjeevini Children and Women Clinic and Ashirward Hospital.
Esteem Mall, Grand Sigma Mall, Big Bazaar and MK Ahmed Shopping Center in Hebbal provide ample avenues for entertainment.
Adobe Properties, Target Estates and Raheja Associates are but a few of the various property dealers providing residential options in the area.