Why is Kanakapura Road The Best place in Bangalore

Why is Kanakapura Road The Best place in Bangalore

AUGUST, 3rd 2022

 

Kanakapura Road in South Bangalore is one of the most important places for property Investment. You can buy Mahindra Eden a new launch project in this location. You will find the lush greenery, the Cauvery water connection and connectivity to IT companies nearby.

You will also find the presences of top universities are the main drivers for development of the real estate market in this locality. The connectivity of the region is improved by the expansion of four-lanes and the ability to access NH-209 and other areas of the city by ORR or NICE Road. The expansion of metro services adds another dimension to its connectivity.

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A variety of neighborhoods

Kanakapura Road is a mixture of both established areas as well as newly emerging areas. It runs from the CBD area up to BDA limits, then BMRDA limits, and then gradually blends into the boundaries the rural districts of Bengaluru. In the old layouts you will see constructed houses and flats typically for resales however, in the newer areas you will find new homes as well as builder floors, plots and even plots to be sold.

Important nodes

The area between VV Puram Circle as well as Kanakapura is known by the name of Kanakapura Road. There are several well-known places like Jayanagar, JP Nagar and Banashankari are located along the stretch. Important points such as Sarakki Signal Konankunte Cross and Gubbalala Gate are also located on this road. Areas like Raghuvanahalli, Thalaghattapura, Dhoddakalsandra, Thatguni, areas near Art of Living, Harohalli, Judicial Layout, BCMC Layout, Vakil Gardens and Kaggalipura are all upcoming areas that provide plots.

7th Stage of Banashankari i.e. close to Gubbalala, Kaggalipura and Anjanapura could be classified as one of the major areas where the majority of real estate activities are taking place. Buyers of property can locate BDA and society websites located in Banashankari 6th Stage and Anjanapura. In Kaggalipura it is possible to locate BMRDA plots.

Status of water and roads

The Cauvery water connection is among the main reasons for the sale of homes in the vicinity of Kanakapura Road. There is also a lot of ground water in this area. The roads are well-lit and well maintained. However, this cannot be said for most internal roads.

Nearest schools of education as well as job centers

Jnana Sweekar Public School, Delhi Public School and RMS International are among the most renowned schools located here. Vasavi, Sagar Apollo and Fortis Hospitals are some of the top hospitals.

Global Village Tech Park, Novel Tech Park, Velankani Tech Park and Kalyani Magnum Tech Park are among the top IT hubs. Businesses such as Mindtree, IBM, Oracle, Accenture and Honeywell operate from this location. They are located within a distance of about 15 kilometers, and it takes about 25-30 minutes to get there. Electronic City is 45 minutes away by NICE Road. The industrial zones located in Bidadi Harohalli and Harohalli are accessible via Kanakapura Road.

What is the connection?

The Outer Ring Road (ORR) and NICE Ring Road offer smooth connection to areas along Kanakpura Road. They also provide simple and quick connections to other areas within the metropolis. BMTC buses are in operation in the area. Cabs and autos are also accessible in large numbers. There is a Kengeri Railway Station on the Mysore Road is approximately 12 kilometers away. It is connected by the commercial Kanakapura Road to towns like Mysuru and Tumkur. However, the airport is more than 50 km away and will take about two hours to get there!

In the pipeline are infrastructure projects

One of the major infrastructure projects that are coming up is the expansion phase 2 of the green metro line. In the final months of this year, the metro services will be running through Anjanapura Township along the Kanakapura Road. Additionally, the expanding Kanakapura Road as part of the construction of NH-209 is attracting a large amount of investment.

Property type that are available for sale in Kanakapura Road

According to Real Estate Cafe 98% of the properties located on Kanakapura Road are multi-storey structures and the remaining 2% are constructed floors. If we examine the homes' availability based on BHK which is the most common, then the majority of homes i.e. 54% of them are in 3 BHK properties, approximately 40% are two-bedroom, and the remaining 2 percent are 4 BHK flats in Bangalore. The research also indicates that 56% of consumers prefer 3BHK homes 41% would prefer 2BHK properties and 33% would prefer to purchase properties with 4BHK.

Home buyers can purchase an 850-1400 sqft 2 BHK Iin Bangalore at a cost of Rs 35 lakh up to 1.10 crore. A 3 BHK property with 1100-2100 sqft is priced approximately Rs.46 lakh to 1.70 crore and a 4 BHK apartment in Bangalore with 2200-3200 sqft for the range of 1.30-2.60 crore.

If you're seeking a rented home and you are looking for a rental property, you'll need be paying between 10,000 and $33,000 per month. Mahindra Lifespaces Group, Brigade Group, Godrej Group, Mantri Developers, Puravankara Ltd, Sobha Ltd and most of the other major builders have at minimum two projects located on Kanakapura Road.

Options for plots available

The plots for residential use are in a price range of between Rs 1,000 and 9,000 PSF. There are 264 plots available on Kanakapura Road have been listed on Magicbricks. BDA, BMRDA approved, DC-converted, and revenue plots can be located at Kaggalipura, Uttari, Dinnepalya, Pattareddypalya and Agara.

Conclusion

A lot of investors are buying properties along Kanakapura Road both for end usage and for investment. One o the best place to buy property in South Bangalore is buy Mahindra Eden. The road is accessible by ORR or NICE Roads. Good roads, prestigious schools and easy access to job hubs are just some advantages of living in this area.

If you would like to book flats in Mahindra Luminare Gurgaon to avail exclusive offers, do call or WhatsApp at 8825183565.

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Noopur writes the content on real-estate from several years and she is one of the few writers who provide the thought-provoking content on best properties deals.

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