How is Tumkur road area?

Q: I am planning to invest in Tumkur road so I want all the details ( Locality, price, connectivity) about the area?

Manu Kumar, Bangalore

31st January 2013

Investment Advice in Bangalore

real estate in india

plots in bangalore

plots in tumkur road

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Replies (6)

I have an apartment in this locality and I want to give it for rent. How is the rental market in Tumkur locality?

Chittranjan Pillai, Bangalore

2nd December 2014

Comment

The average rent for a 2BHK apartment in Tumkur is approximately Rs 14,000 per month while it ranges within Rs 9,000 to Rs 17,000 per month. In case of a 3BHK apartment, the average rent is approximately. Rs 19,900 per month while prices range between Rs 14,000 to Rs 27,000 per month. For Individual house, a 2BHK fetches a rent of approximately Rs 11,000 per month while it ranges between Rs 6,000 to Rs 30,000 per month. The weighted average rent in Tumkur is approximately Rs 17,800 per month.

As per data, the average rental yield in Tumkur is 2.5 per cent. The highest rental yield in different BHKs is for 1BHK apartment which is approximately 6.86 per cent. A 2BHK apartment has an average rental yield of 3.28 per cent while

Gajendra V, Bangalore

2nd December 2014

New projects coming up in Tumkur road are Godrej Gold County which is an ongoing project by Godrej Properties Limited and is expected to get completed by 2015. DS Max Starwood is one of the popular residential developments in Tumkur Road, neighborhood of Bangalore. It is among the ongoing projects of DS Max Properties Pvt Ltd and the project is expected to get completed by 2014.

Rakesh, Bangalore

2nd February 2013

Comment

What are the new projects coming up in Tumkur road area?

Manu Kumar, Bangalore

2nd February 2013

Comment

At present the occupancy is very low but it is expected that the rel estate sector will rise in this area in few years considering the string of infrastructural developments lined up for this stretch. Tumkur road is well connected to the city centre and has gained prominence due to several recent developments such as the Jindal plant and Jindal Nature Care Institute.

Aveek Paul,

2nd February 2013

Comment

Many real estate developers like Matheshree Developers, Divine Developers, Innovative Group and MHR Developers have come up with plotted projects in this area. The maximum demand in Tumkur road is for smaller plots having a size of 1,200 sq ft. from middle income group as they cannot afford to invest with the city limit because of high price.

Indrajit Kaul, Bangalore

2nd February 2013

Comment

Tumkur Road is a locality in Bangalore City surrounded by Mahalakshmipuram , Subramanyanagar , Mahalakshmi Layout , Gayatrinagar and Mathikere. Yeshvantpur Jn railway station is 1 KM from Tumkur Road. And it is 8 KM distance from Shivajinagar Bus terminus. It offers Bangalore Metropolitan Region Development Authority (BMRDA) or Nelamangala Development Authority (NDA) approved plots in the price range of Rs 200-1600 per sq ft.

Gajendra V, Bangalore

2nd February 2013

Comment