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Information about Bannerghatta Road

Replies (9)
1
Currently what is the average rate per sqft for apartments going on in Bannerghatta Road.
Chandrachur


According to Knight Frank report, Majority of the projects are high-rise apartments, the units cost ranges between Rs 40 lakhs and over Rs 2 crores. The price range is between Rs 3,600-12,500 per sq ft depending on the project and the location.
Shiva Reddy,  Bangalore
2nd June 2016


2
When is the Karnataka Government planning to widen the road?
Nirvan K


This project was on cards but has not made progress because they were facing issue in land acquisitions In the recent news, it was mention that Karnataka Government's decision to widen the road width by 45 meters over ruled the decision taken by BBMP to widen the road by 35 meters.
Shiva Reddy,  Bangalore
15th September 2015


3
Tnx Manu, It is possible to provide me some of the upcoming projects in this locality which will get completed by 2016 or 2017 latest?
Utpal Das


Yeah sure :) as per my knowledge Bella Greens, Mahaveer Zephyr, Unishire Spacio, Artha Zen, Hiranandani Hill Crest and Club Meadows, City Ville Valmark, Hiranandani Edenhall and Hiranandani Queensgate.
Manu Kumar,  Bangalore
27th August 2014


4
I heard that Bannerghatta Road is seeing upward trend in property prices. What are the reason behind this?
Utpal Das


The reason behind rise in property prices in Bannerghatta Road are as following: a) Good connectivity: The connectivity from South to East has improved a lot. BMTC is also offering bus services with connects important parts of the city.

b) Job Market: The job market in this area has grown a lot especially in and around areas of JP Nagar.

c) Greenery and fresh air: Most home buyers prefer to stay in a locality which has lot of greenery, because of this end users are getting attracting to this locality.
Manu Kumar,  Bangalore
27th August 2014


5
Jains Villa Vivianaa offers Spanish Themed Villas 7 different types of villas. The project is spread over 120 acres of land and is just 15 mins drive from Electronic City,Near APC CIRCLE. The township has been designed by world’s second best architectural firm keeping in mind the picturesque beauty and tranquility of surroundings. With80% open space, more than 10 beautiful parks, a glorious 3.1 acre central park, 2 pristine lakes in vicinity- Get Guaranteed Rent for 2 Years From 20,000 - 60,000 PM , Sizes Starts from 1500 Sqft, 15000 Sqft , Villa cost Starts from 96 Lakhs Onwards including all Charges & Registraton . Loan Available from all leading Banks. For more details call me:
Mohamed Noorulla


6
Before shifting in this locality I want to know how is the water supply in Bannerghatta road?
Janak Desai


The residents belonging to Bannerghatta Road and Bilekahalli stretch are facing water woes. People staying in the apartments are spending thousands of rupees for water supply on daily basis. To meet the daily need of water, residents are forced to resort to either bore wells or the Gottigere lake. While some blocks have their own water treatment plant, concerns have been raised about the poor quality of water that is pumped out of bore wells.
Chittranjan Pillai,  Bangalore
27th November 2013


7
How well is the area connected to other parts of the city?
Eklavya


The nearest railway station is Majestic which is around 30 kms from Bannerghatta Road and Bangalore International Airport is 60 kms approximately. Apart from this, the metro lines are under construction which would give easy access to various parts of the city. BMTC bus services are also there. The nearest bus stations are Gopalan Mall bus stand and Meenakshi Mall bus stand.
Chittranjan Pillai,  Bangalore
27th November 2013


I am planning to buy a property in Bannerghatta road and my budget is around Rs 1.50 crores
Janak Desai,  Bangalore
27th November 2013


Hello Janak, in this budget you can go for projects like Hiranandani Lake, Mahaveer Laurel, Pride Crosswinds, City Ville Valmark, Comfort Flora, Hiranandani Upscale and Hiranandani Edenhill.
Shiva Reddy,  Bangalore
27th November 2013


How is the project Comfort Flora? Please give feedback on both the project and the builder.
Janak Desai,  Bangalore
28th November 2013


Comfort Flora is one of the ongoing projects of Comfort Shelters Private Limited. They are dedicated to providing the highest level of architectural services and professional construction. The company has captured the loyalty of many a family who has invested in their properties. The project offers 2 and 3 bhk apartments with size ranging from 1035 sqft to 2300 sqft.. The rate per sqft going on in this project is Rs 5000. The project is under construction and it is expected to get completed by end of 2014. BBMP and banks like SBI and LIC has approved the project.
Manu Kumar,  Bangalore
28th November 2013


8
What is the current price trend in Bannerghatta Road?
Eklavya


In the July-Sep quarter of 2013, the property price has appreciated to Rs 4518 per sq. ft. The rental demand has kept the locality among one of the top localities in the city. The rent of apartments in Bannerghatta Road ranges from Rs 7000 to Rs 32,000
Shiva Reddy,  Bangalore
27th November 2013


Hi Shiva, Is there any appreciation in the property price in this locality or the price is still the same?
Nirvan K,  Bangalore
15th September 2015


Yes the property price in this locality has appreciated to Rs 4945 and it is expected that the property price will appreciate more
Shiva Reddy,  Bangalore
15th September 2015


Hi shiva, People usually look for affordable house or homes in Bannerghatta Road but during first quater of this year there was a slow down in the affordable market by 10%.. Do you think this will impact the market?
Pratik Khandelwal,  Bangalore
15th October 2015


9
Bannerghatta Road was earlier known as Anekal Road but later was renamed as Bannerghatta Road. The Bannerghatta Road commences from Adugodi and terminates at the Bannerghatta National Park

Bannerghatta Road is witnessing rise in residential and commercial real estate. Many real estate developers invested their money in the locality. There was a rise in the sale of property in the locality which has led to a rise in average capital values along the stretch. The real estate is slowly growing in this locality so if you are planning to invest in this locality invest now you can expect appreciation only after 3-4 years.

The locality has many reputed IT companies along with educational institutions. Initially the road was merely used by the tourists who travelled to the Bannerghatta National Park but after the establishment of the IT Companies like Honeywell, IBM, Accenture, Oracle Corporation and many others, the road is loaded with traffic.

The Real Estate is also booming in the locality. At present, there are many popular and contemporary residential and commercial complexes.
Murali Krishnan


10

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