Deriving its name from two Kannada words, Tengu meaning coconut and Keri meaning place, Kengeri is a laid-back locality surrounded by coconut farms. Initially a sleepy suburb, this region transformed into a satellite town under the wings of Bangalore Development Authority.
Still developing, the locality happens to be a prime location with good connectivity to the other parts of Bangalore via NICE Road and Mysore Road. With the metro coming up here in the near future, this area is likely to witness phenomenal infrastructural improvement. For instance, The Traffic Transit Management Center (TTTMC) of the Bangalore Metropolitan Transport Corporation (BMTC) is being constructed here.
Kengeri Satellite Town Last Bus Stopis a crucial transit point and is situated close to the famous Ayodhya Complex which, besides eateries, hosts many medical, gift, and saree shops. Well-known educational institutions, restaurants, hospitals, banks, and ATMs are also found in abundance in the vicinity.
The coming years will definitely see Kengeri invite substantial demand for residential property, as well as scope for commercial growth.
Connectivity and Transit Points
Connectivity is Kengeri’s high point. It has a large number of bus stops, railway stations and a metro station that is going to be operational very soon. NICE Road and Mysore Road, which pass through Kengeri, make the rest of Bangalore easily accessible. Another plus point is that the Outer Ring Road is close to this area. Kengeri is a crucial transit point to towns like Ooty, Mysore and Coorg.
BMTC, Kengeri Post Office, and Kengeri Old bus stops are situated in the area. Kengeri Railway Station and Hejjala Railway Station help commuters travel quickly. Phase-II of Namma Metro involves extension of the metro line from Mysore Road to Kengeri, making it one of the five stations that will be a part of this corridor. Phase-II is expected to be completed by the end of 2019.
Kempegowda International Airport is about 60 km from Kengeri, taking the area’s residents about one and a half hours to get there. Thanks to the great connectivity, this distance doesn’t seem like much for anyone travelling to the airport from here.
Major Landmarks
NICE Ring Road
Mysore Road
KSRTC Depot
Konasandra Lake
Andhra Bank ATM
Factors for Growth in the Past
Availability of luxury apartments have caused many potential home-buyers to prefer this well-developed locality over others. The affordable prices of land has also made the locality attractive, especially to investors and builders.
Establishment of educational institutions and improvement in connectivity in terms of construction of roads and availability of transport facilities has helped Kengeri evolve into a well-developed locality, luring investors into buying a property here.
Residential and Commercial Market
Apartments and plots take up a sizeable portion of the real estate market in Kengeri. The average property prices have significantly increased and currently stand at Rs 3,400 per sq. ft. The sale price for an apartment in Kengeri ranges anywhere between Rs 3,300 per sq. ft. to Rs 3,600 per sq. ft.
Lately, there hasn’t been much development on the commercial front. Commercial office spaces cost around Rs 4,400 per sq. ft., whereas shops and commercial plots in Kengeri are priced at Rs 7,350 per sq. ft. and Rs 3,200 per sq. ft. respectively.
Major Challenges
Kengeri, like any other developing region, has its fair share of civic challenges. Traffic congestion, for instance, is a major hindrance. Furthermore, drain and garbage disposal issues along with environmental pollution is causing inconvenience to the area’s residents. Petty thefts are also common occurrences in Kengeri, making safety a cause of concern.
Factors for Growth in the Future
Kengeri has come a long way as far as infrastructural development is concerned. The construction of the metro rail, for instance, is going to enhance the connectivity of the region even further. That will catapult the locality into a most sought-after neighbourhood.
Thanks to the availability of land, many property seekers are coming forward to invest in land, so as to develop properties and give them on rent. Residential project development is also on the rise. Upcoming residential projects in Kengeri such as Vaastu Greens, Good Earth Malhar, Mega Apartment Complex, to name a few, are sure to pull in and create substantial demand for all kinds of properties.
