Raja Rajeshwari Nagar Locality Review

Q: I was planning to buy a property in Raja Rajeshwari Nagar. Please let me know if it is a good idea to buy a property in this area. Is it good for enduse purpose ?

Deep Singh, Bangalore

6th December 2013

Locality Review in Raja Rajeshwari Nagar, Bangalore

real estate

buying property

investment advice

locality

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Replies (6)

Which one would the better option for investment residential flats or individual houses ?

Himani,

6th December 2013

Comment

As far as I know RR Nagar will be better option for residential flats than individual houses, as there are many upcoming projects coming up by reputed builders.

Supratim,

6th December 2013

What is the ongoing price trends in Rajaji Nagar ? Which are the good projects in RR Nagar which is worth investing? Need the price details as well.

Dharmesh Shukla, Bangalore

6th December 2013

Comment

In the Apr-June quarter of 2013, the locality price was Rs 3613 per sq. ft. In the July-Sep quarter of 2013, the locality price appreciated to Rs 3616 per sq. ft. Within three months 3 to 5 perc appreciation has been found.

Vivek Kulkarni,

6th December 2013

Hey as far as I know some of the upcoming projects are Skyline Soulscape by Skyline Construction Ltd, Century Indus Phase II by Century Real Estate, Gopalan Sanskriti by Gopalan Enterprises and Deccan Arcade I and II by Deccan Group Builders. The price would be around Rs 3500 to 4500 per sq ft.

Supratim,

6th December 2013

How is the social infrastructure there and also please help me out with reputed schools and colleges ?

Himani,

6th December 2013

Comment

RR Nagar offers various educational institutions, which are creating demand from the student population. For daily needs there is Tata Star Bazaar and Gopalan Arcade Mall within the radius of 5 km. Hospitals such as Manipal Hospital, RC Hospital and BGS Super Speciality Hospital within the radius of 8km.

Some of the reputed educational institutes within the radius of 3 km are National Hill View Public School, Swargarani School & PU College and Little Millennium. Colleges such as RNS Institute of Technology and Kamal Deep College of Nursing.

Vivek Kulkarni,

6th December 2013

I want to know how is the accessibility and connectivity from Raja Rajeshwari Nagar to other parts of the city?

Himani,

6th December 2013

Comment

@Himani: The area is well connected with other parts of the city. It is just 10 km from Bangalore City Railway Station and 47 km from Bengaluru International Airport. It has good connectivity to downtown city areas by BMTC bus services. Localities such as Electronic City and JP Nagar are also close by . The commuting will become more easy and smooth once the proposed Namma Metro gets operational.

Vivek Kulkarni,

6th December 2013

Hey guys as the area has witnessed a large number of real estate developments. It is good locality for family to leave in the area. Easy accessible to banks, schools and colleges. RR Nagar is the closest option for professionals working in Mysore and who want to stay in Bangalore at affordable rental values.

Also the infrastructure development as the proposed metro and the four lane roads are expected to impact the property values in the locality significantly.

Vivek Kulkarni,

6th December 2013

Comment

It is very good idea if you are planning to buy property in Raja Rajeshwari Nagar. Many experts say that the investment made here can fetch you good returns due to the social infrastructure contributing to the growth of the locality. RR Nagar also offers various educational institutions as well as good connectivity.

Balwinder Singh,

6th December 2013

Comment

Raja Rajeshwari Nagar is just about 4km away from the Bangalore–Mysore Infrastructure Corridor, which is known as NICE Road. The road connects the area to Bangalore and Mysore. Localities such as Electronic City and JP Nagar are also close by.

There are many IT companies in and around the area which are adding demand for rented accommodation in the locality. For eg Global Village Tech Park,which is just 4km away from RR Nagar. Also there are many software companies such as Magnasoft Consulting India Ltd, MindTree, Sonata Software and Texas Instruments.

Supratim,

6th December 2013