Due to wide roads, the locality does not face chaotic traffic congestion. Jayanagar does not lack in terms of connectivity to any major parts of Bangalore and the upcoming metro will further ease commuting for the residents.
, Jayanagar is known as one of the most lucrative property markets in Bangalore. Jayanagar is one of the best options when it comes to investing in Bengaluru real estate, for the well-heeled investors.
The main reasons for the skyrocketing real estate prices in Jayanagar around third, fourth and fifth block, is because of the rapid commercialisation with almost 50% buildings and sites being converted to commercial/retail establishments. This has resulted in a significant surge in property prices of residential apartments
The rental market in Jayanagar is really doing good , and one can expect a rental yield of about 2.5-3.5% year-on-year depending on the location, connectivity, age of the property and amenities offered.
KV Bliss Apartment is among the ongoing project in Jayanagar. The project offers spacious apartments and the price starts from Rs 2.25 crores. The project is known to be approved by BBMP and banks like HDFC, Axis, LIC and SBI.
All the projects in this area are completed project you will get flats in resale. There is only one project which is under construction and expected to get completed by this December is KV Bliss Apartment and the price of the apartment start from Rs 2.25 crores.
Some of the educational institutes in the neighbourhood are Rajiv Gandhi University, RV Dental College and Industrial Training Institute, City Group Of Institutions, Dayananda Sagar College Of Science, IBMR (Institute Of Business Management & Research), AAI Fe Deemed University, The Oxford Educational Institutions.
Medical colleges like RV College Of Nursing, R.V. Dental College, Rashtreeya Vidyalaya to name a few. Some of the famous eating joints of Bangalore like Mughal Durbar, Taj Darbar, Vijay Sagar and Blue lagoon are located here.
Some of the hospitals located around are Rajlaxmi, Rajiv gandhi University of health Science, Murthy, Vinayaka Hospital, Diwakar Hospital, Sanjay Gandhi Accident Hospital, Kaushak and Ayurvedic Research Unit
Real estate is booming in this area. The reason being it is close to many IT companies and is in close proximity with prime locations. The current market price is in the range of Rs 8,000 to Rs 9,000 sq ft. The prices are expected to appreciate as many office spaces and malls and multiplexes are opening in and around Jayanagar
Jayanagar is one of the oldest residential localities in Bangalore which mainly lies in South Bangalore. The region consists of ten blocks with 3rd and 4th block predominantly as commercial hub and other blocks are residential areas. Jayanagar has been adjudged as one of the most livable and multicultural localities in Bangalore. Jayanagar I block is regarded as most quietest place to live in against other localities. Jayanagar IV Block houses one of the prime shopping complexes along with a bus terminus.