Neighborhood Information of Mantri Tranquil, Bangalore

[ Ready to Move In ]

Off Kanakapura Main Road, Bangalore, Karnataka, INDIA.

Mantri Tranquil, Bangalore [ Ready to Move In ]

Off Kanakapura Main Road, Bangalore, Karnataka, INDIA.

APARTMENTs

35 BLOCKS , 14 FLOORS
Price:
73.53L to 3.35Cr
Unit Details:
More than 1000 units
2, 3 BHK
1270 - 2000 SQFT
Possession:
Ready to move since Nov 2011

Featured property Agents in the locality

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Project Last Updated on : 31 Jul 2014

About Kanakapura Road

  •          Kanakapura is a town found in the south of Bangalore, within the Bangalore Urban District. It is situated in the Ramanagar district, which is the known as the silk town of India and is the headquarters of the Kanakapura Taluk in the state of Karnataka. The road starts from Majestic and stretches for approximately 27 kms that leads to the Kanakapura Taluk. It lies on the National Highway NH 209.

 

  •          Kanakapura is also known for its lush greenery and wide open spaces that are tucked in with several lakes. The long stretches of roads that go along the semi-urban spaces have served for long drives and family trips due to reduced traffic. It is noted for its sericulture production, brick mills and granite industries. The Kanakapura Road also lies close to the Bannerghatta National Park.  The area is mostly exclusive of the IT sector and its tech parks but has several other amenities that make it a good catch on the Bangalore realty radar.
  •          Kanakapura is a town found in the south of Bangalore, within the Bangalore Urban District. It is situated in the Ramanagar district, which is the known as the silk town of India and is the headquarters of the Kanakapura Taluk in the state of Karnataka. The road starts from Majestic and stretches for approximately 27 kms that leads to the Kanakapura Taluk. It lies on the National Highway NH 209.

 

  •          Kanakapura is also known for its lush greenery and wide open spaces that are tucked in with several lakes. The long stretches of roads that go along the semi-urban spaces have served for long drives and family trips due to reduced traffic. It is noted for its sericulture production, brick mills and granite industries. The Kanakapura Road also lies close to the Bannerghatta National Park.  The area is mostly exclusive of the IT sector and its tech parks but has several other amenities that make it a good catch on the Bangalore realty radar.

 

  •          With a huge number of prospective housing and retail development, the localities that fall along the Kanakapura Road are bound to have well-kept social infrastructure facilities.  There are several educational institutions ranging from engineering colleges to regular colleges, and international schools. The area includes hospitals, clinics, supermarkets, shopping malls, etc.

 

  •          Some of the educational institutes along the Kanakapura Road are Dayanand Sagar College, Delhi Public School, APS institutions, while the locality also has good healthcare facilities with hospitals like Metro Hospital, Apollo Hospital, BGS Hospital and Wockhardtin the vicinity.

 

Connectivity and Transit Points

 

  •          The Kanakapura Road is situated on the National Highway NH 209.  The Kanakapura Road has transit points that give you several options to travel by. There is abundance of buses with the KSRTC Bus Depot on the Kanakapura Road. The Bangalore Metropolitan Transport Corporation (BMTC) has also recently been operating air-conditioned Volvo buses on the Nice Road. Apart from these, there is the availability of non-AC BMTC buses, auto rickshaws and cab services for other means of transport.

 

  •          There are several railway along the Kanakapura stretch and these would include the Bidadi Railway Station, the Kengeri Railway Station, the Jnana Bharathi Railway Station and the Ramanagara Railway Station. The BMTC transport facilities assure buses that go in and around the city throughout the day. The Majestic Bus Station connects most of the city to Kanakapura Road and several major junctions come along the same stretch that includes Chamrajpet, Gandhi Bazaar, Basavangudi and Banashankari.

 

  •          The Kempegowda International Airport is around 41 kms away from Kanakpura Road and takes approximately 90 minutes to get there, although it might vary with the traffic conditions.

   

  •      It has better connectivity from Mysore Road via Nice Road.

 

Major Landmarks

 

  •         Art of living Center
  •          Khoday’s Factory
  •          Radha Govinda Ghoshala and Ashram
  •          Dirt Mania
  •          Banashankari Temple
  •          Dayanand Sagar College
  •          Iskon Temple
  •          Metro Cash and Carry

 

Factors for Growth in the Past

 

  •          The Kanakapura Road and the area around it have undergone a complete transformation over the years and has become one of the Bangalore’s most potential localities in Bangalore for growth and development. It has boomed into a residential and retail development hub that serves as a very good place to invest in.

 

  •          Owing to its overall growth rate, this particular area could be a prospective contributor to Bangalore’s realty that’s expected to increase by 30% in the next ten years with an investment worth 30 billion USD. The promising infrastructure developments have served as a huge advantage for the area around Kanakapura Road.

 

  •          The establishment of Nice Road, which intersects Kanakapura Road, has enhanced connectivity to Electronic City, Bannerghatta Road and Mysore Road. The Peripheral Ring Road also comes along the Kanakapura Road, which connects all the major highways that includes Old Madras Road, Tumkur Road, Hosur Road and Mysore Road.

 

Residential & Commercial Markets

 

Residential Market Trends

 

  •          Kanakapura Road is an emerging area in Bangalore as a residential corridor. With such potential, it has given rise to several residential projects in  Kanakapura Road  and is further characterised by the presence of independent dwelling units, mid or large scale layout developments and mid or large scale apartment developments.

 

  •          Many NRIs choose to settle here owing to this feature and the cosmopolitan settlement along the Kanakapura road area. The most activity takes place in the Iskcon area and beyond the Khoday’s factory, which is the hotspot of the development in the Kanakapura corridor.

 

  •          Apartments in Kanakapura Roadrange between Rs 3400 and Rs 3600 per sq. ft., while the price of residential houses in the area is between Rs. 4500 and Rs. 5100 per sq. ft. as per Q1 (2014) data. The rental values for apartments in the area were between Rs. 9 and Rs. 17 per sq. ft. in the same quarter.

 

Commercial Market Trends

 

  •          The rental price of commercial office space in the Kanakapura Road micromarket is around Rs.35 to Rs. 44 per sq. ft.

 

Major Challenges

 

The residents of Kanakapura Road face the common problem faced by most residents of a growing locality, that of traffic and bad roads. The road has several potholes, which brings the traffic to a snail's pace during peak hours. The construction of the Metro rail on the road has compounded the problem as the Metro occupies a lot of the road.

 

Factors for Growth in the Future

 

  •          The Kanakapura Road will soon see major developments within its vicinity that is going to make it most appealing in the real estate sector. One of the prospective projects includes a Disneyland like theme park, spread out over 28 acres of land, driven by 4D technology called the Krishna Lila Park. It has an estimated cost of Rs 350 crore.

 

  •          Phase 1 of the Metro, nearing its expected completion within a year’s time, is assured to reduce traffic and travel time for commuters along the Kanakapura Road. This will connect it to Hasaraghatta Main Road, Magadi Road, Peenya and Mysore Road, making a well-established network in the city.

 

  •        The Peripheral Ring Road project that was proposed is to connect the areas in the outskirts with the areas in the city, reducing traffic and saving a considerable amount of time accordingly. Within the vicinity of the Kanakapura Road, this should serve to a huge asset in favour of vested interests.

Mantri Tranquil Nearby Services

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