Indiranagar locality review

Q: Can anyone brief me about the locality as I am new in Bangalore and planning to invest in Indiranagar?

Mriganka Sharma, Bangalore

2nd January 2014

Locality Review in Indira Nagar, Bangalore

bangalore real estate

projects in indiranagar

apartments in indiranagar

locality review

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Replies (7)

Hi Gaurang, Even I am also planning to buy a property in Indiranagar for investment purpose. What I feel is The Aeris Residences is a better project than Krishvi Bougainvillea

Mriganka Sharma, Bangalore

4th January 2014

Comment

I am interested in Krishvi Bougainvillea project. please provide me info about the same.

Gaurang, Bangalore

4th January 2014

Comment

Krishvi Bougainvillea is a mix of single level and duplex apartments, there are a total of 7 exclusive apartments with state of the art features and facilities. I do not think you will get any apartments in this budget as the price of the apartment starts from Rs 3.06 crores excluding registration.

Shazad Laskar, Bangalore

4th January 2014

Thanks Shazad for your quick reply. Which are the banks providing home loan for this project and has the project got approvals from BBMP?

Gaurang, Bangalore

4th January 2014

The estimated possession date of the project is by June 2014. The project is known to be approved by BBMP and banks like Corporation Bank, Bank of Baroda and HDFC.

Shazad Laskar, Bangalore

4th January 2014

Which are the good projects coming up in Indiranagar and what is the price range?

Mriganka Sharma, Bangalore

2nd January 2014

Comment

There are around seven projects coming up in Indiranagar. They are: Pride Picassa, The Aeris Residences, Marvel Amora, Gopalan Admirality Court, Gopalan Admirality Royal, Gopalan Admirality Premier, Krishvi Bougainvillea. The price of the apartment ranges from Rs 97 lakhs to Rs 8.03 crores.

Mithilesh Roy, Bangalore

2nd January 2014

How is the connectivity and accessibility from Indiranagar to the other parts of the city?

Mriganka Sharma, Bangalore

2nd January 2014

Comment

The region is easily accessible from major destinations of the city. It is merely 10 minutes drive from Airport while M.G Road and City Railway Station lies at a distance of 4 km and 25 km respectively. It is linked by Airport Road, Swamy Vivekanand Road and Old Madras Road to the various regions and areas of the city. The track lines of the Metro (Namma Metro) was inaugurated on 20th October 2011 from M.G Road to Byappanahalli via Indiranagar.

Nadeem, Bangalore

2nd January 2014

Please provide me names of some good educational institutions, hospitals and restaurants

Mriganka Sharma, Bangalore

2nd January 2014

Comment

Lists of Some of the Educational Institutes:

Dr. Ambedkar College
KH Patel College
Syama Reddy Dental College of Law
National Public School
Capital College
Dr. Ambedkar Evening College
Institute Of Clinical Research
Ambedkar Institute of Management Science
NIIT
KMJ College of Nursing
Chinmaya Mission Hospital School of Nursing

Lists of Some of the Reputed Hospitals:

ESI Hospital
Chinmaya Mission Hospital
Amarjyoti Hospital
GG Hospital
Maruthi Hospital
Isolation Hospital

List of Some of the Eateries:

The Beach restaurant
Little Italy
Suswad Idli Bazaar
Southindies
Annachi restaurant
Beijing Bites
KFC/ McDonnell/ Pizza Hut/ Dominoes

Somesh Venkatesh, Bangalore

2nd January 2014

Indiranagar 1st Stage is a good locality but if you want you can check Indira Nagar Defence Colony is one of the most posh areas in Bangalore. Very near to metro station, supermarkets, restaurants etc.

In the July-Sep quarter of 2013, the locality price depreciated to Rs 8467 per sq. ft.

Nadeem, Bangalore

2nd January 2014

Comment

hey nice discussion is going on. The area is good to reside in but there is traffic problem during peak hours and garbage problem is also there. I am staying in Indiranagar and I have seen the beautiful parks in Indiranagar have started wearing an ugly look because of the garbage dumping near parks.

Mithilesh Roy, Bangalore

2nd January 2014

Hi Mriganka,

1) As per the DNA-IMRS survey of Bangalore’s Best Localities, indiranagar is the best and top most region to reside in out of 20 regions.

2) It is a posh region where new commercial areas like 100 feet Road & CMH Road are booming up. It is considered to be one of the costliest regions according to numerous surveys.

3) The region is surrounded by Old Madras Road, HAL 2nd Stage, HAL 3rd Stage, HAL Airport Road (old airport), Halasur, Jeevenbheemanagar and Thippasandra. It is conveniently located and well connected to the rest of the Bangalore by Airport Road, Swamy Vivekanand Road & Old Madras Road.

4) Indira Nagar possesses almost all the basic requirements which would engross the residents. The locality features Indira Nagar Club, Country Club, Rotary Club & Senior Citizen Club.

5) There are numerous educational institutes, hospitals, eateries, big shopping malls, life style show rooms, supermarkets, ATMs, famous restaurants and lots more. The majority of the commercial spaces are spotted between 80 feet & 100 feet Road.

6) The region is blooming up day by day and is a high value area. Hence, the real estate prices are rising steeply. Indira Nagar has become one of the high street of Bangalore City, which has lead to the tremendous escalation in the property prices here.

Nadeem, Bangalore

2nd January 2014

Comment

Hey Nadeem, Thanks Dude for the reply and elaborate information about the locality. In Indiranagar, which is the good area to live in and what is the price trends going on in Indiranagar?

Mriganka Sharma, Bangalore

2nd January 2014

I would advice you to go with Indira Nagar I St Stage is a great locality to live in. The metro station is located here. There is also plenty of public transport in the form of auto rickshaws and buses readily available. Indira Nagar I St Stage is very close to a number of IT Tech Parks namely Bagmane Tech Park, Embassy Golf Links and RMZ Infinity. These are located around 5-10 minutes drive away.

Somesh Venkatesh, Bangalore

2nd January 2014