Lying in the vicinity of South Bangalore, Uttarahalli is one of the largest land-banks of Bangalore Development Authority (BDA) housing several co-operative societies and residential complexes. It serves as an extension of JP Nagar, and boasts of a well-planned layout, wide roads and an adequate water-table.
Uttarahalli’s close proximity to the likes of Jayanagar, Banashankari, Kanakapura Road, and the NICE Bangalore-Mysore Highway makes it one of the more desired residential areas in the city, especially among young professionals and nuclear families. The real estate in this locality is suitably modified to accommodate the varied segment of house-seekers and is abundant with 1, 2 and 3BHKs, along with a number of paying guest accommodations.
Uttarahalli has a myriad of facilities that cater to the residents’ needs. One will find a number of restaurants in the area, besides necessary facilities like department stores, banks, ATMs, and shopping stores. There are plenty of educational institutions and medical centres in and around this locality, including DAV Public School, Delhi Public School (South), RNS Institute of Technology, Dayananda Sagar College of Engineering, Samastha Hospital, and Fortis Multispecialty Hospital.
Uttarahalli houses a large and recently rejuvenated lake, the Uttarahalli Lake, which inculcates in the residents a feeling of serenity and peace. Paths around the lake provide a great walking/jogging experience.
Connectivity and transit points
Uttarahalli’s excellent connectivity is further propelled by an efficient transit system. The Bruhat Bangalore Mahanagara Palike (BBMP) bus shelter that was recently inaugurated at the Uttarahalli Circle, has boosted accessibility to areas such as Hebbal, Yelahanka, Kengeri, and Hoskote. Bus stops are dusted all over the area, with BMTC buses taking commuters from Uttarahalli to almost all major points in the city including Majestic, KR Market, Shivaji Nagar, Electronic City and Bangalore International Airport. Auto Stands in every other corner provide easy intra-city transportation as well.
For those travelling by train to neighbouring towns and cities, the Nayandahalli Railway Station is close by. Those who intend on travelling interstate needn't worry as Bangalore’s main railway station, Bangalore City Junction is just 9 km away.
To reach the Kempegowda International Airport, one can hop on to any KIA bus. These buses halt at regular bus stops, so one wouldn’t have to wait too long before finding one. The airport is 41 km away.
Uttarahalli is situated close to the Bangalore-Mysore Highway, allowing for easy and hassle-free road trips.
l Anjaneya Temple
l Uttarahalli Lake
l Bannerghatta National Park (20 km away)
l Omkar Hills
l Bangalore University
Factors for growth in the past
Having been developed as an extension to the highly residential area of JP Nagar, Uttarahalli has recorded impressive growth in the residential sector recently. Reasons for this growth could be due to the superior connectivity that this area is blessed with, combined with a slew of development projects underway.
Residential & Commercial Market
Uttarahalli has been a site for housing society co-operatives since its development; growing, developing and adding to its number as the years progress. The dominant property type in this locality are apartments, although the occasional house and bungalow dots the area.
The current sales trends for apartments in this locality lies within the bracket of Rs 3,600-3,500 per sq. ft, with residential houses costing anywhere from Rs 4,700-6,400 per sq. ft. Rent for a 1BHK may vary between Rs 5,000-7,000 per month, with 2 and 3BHKs oscillating between Rs 7,000 to Rs 17,000 per month.
A newly blossoming commercial market, commercial space for rent can cost anywhere from Rs 4,000 for a 180 sq. ft office space to Rs 2.15 Lakh for an area of 3,600 sq. ft.
The disappearance of agricultural lands and development of residential layouts, both authorised and unauthorised, have put pressure on the drinking water supply system and drainage. Also, the residents have to contend with increasing vehicular movement on the narrow, dusty, and un-asphalted roads. Improper garbage disposal and choked drains plague this area, leading to the rise of unpleasant odor and stink.
Factors for growth in the future
The flourishing of several companies accompanied by the increasing infrastructural activities around this area such as the construction of a library, the new bus depot and a computer training centre for the local residents, has spurred an unprecedented growth in real estate.
The development of the Namma Metro station in Kanakapura Road, which is a stone’s throw away from Uttarahalli, promises better connectivity, and this has piqued the interest of realtors, developers, investors, retailers, and consumers, further increasing demand.