Real Estate Growth in Kanakapura Road
Around 10 to 15 years before residents of Bangalore would know that Kanakapura Road was one green jungle but now it is developing as a hotspot for all kinds of real estate investments — be it apartments, villas or small service flats along with commercial real-estate. It has undergone a major change and it is known for its lavish residential projects offering full of greenery, luxurious amenities and a lot more. Additionally, there are many lakes in Kanakapura Road that gives good landscape view to this place. Many education institutions have also come up along with hospitals and everything else making this Kanakapura Road is a well-known place in Bangalore. This location is also favored by second-time homebuyers. Enhanced focus on connectivity and timely completion of the on-going infrastructure projects would provide further development in a residential hub!
But Kanakapura Road had not seen much organized commercial development till now. However, it is described by mainly independent private housing units, layout developments and apartment projects. The two and three BHK are the most frequently available configurations. A proposed integrated township will see growth in the commercial segment happening soon. The Harohalli Industrial Area by the Karnataka Industrial Areas Development Board will also give a boost to development in the region.
Kanakapura Road starts from Basavangudi and it runs through some most classy localities of the city. It is well connected to other part of the city through metro and NICE ring road and that is another reason why it is attracting real estate investments. This micro-market is accessible to the IT hubs on the nearby Bannerghatta Road, Sarjapur Outer Ring Road and Electronic City. In addition, the proximity to the well-developed J P Nagar, Banashankari and Jayanagar — helps the real estate growth in Kanakapura Road.
This place is also being promoted as a major tourist destination for the Disneyland theme park which is under construction. Also it gives the easy connections to Karnataka’s famous tourist places like Sivenasamudra, Mekedatu, Sri Ravishankar Guruji Astrum — Art of Living foundation, Guhantara resort ,Pyramid Valley and many more wonderful places. Such infrastructural changes are sure to attract real estate investments and that is what is happening in Kanakapura Road.
Property Rates in Kanakapura Road Bangalore
The average rent for 1 BHK flats here is around Rs. 10,000.* There are also 1 BHK and 2 BHK flats here available as well. The average prices for 1/2/3bhk apartments vary from Rs. 3200 to Rs. 6800 per sq. ft. *. (It may vary according to your property builders)
There are 4 BHK apartments and even villas available for sale. People migrating to Bangalore and looking for living options can consider either buying or renting 2 BHK flat as per convenience.
Residential Plot (Average Price Rs./Sq-Yrd): 22,410
Below are few good properties list in Kanakapura Road. Contact us to get complete details of the below property also get free realty advisory. Visit http://homemantra.co/, Call @ 9845004863, 9900918807
SobhaForest view EbonySobhaForest view AlderSobhaForest view CedarSobhaThe Park and PlazaBrigade Enterprises LtdPlumeriaBrigade Enterprises LtdWisteriaBrigade Enterprises LtdBasilCentury BuildersCentralGolden GateGolden panoramaH MIndigoNitesh EstatesCaesar palacePrestige GroupFalcon city
This is the best time to invest in new projects in Kanakapura Road as the prices are still in the affordable range of most people.