Indiranagar Real Estate Market

Garden city, IT capital, Silicon Valley, Pub city, Pensioners Paradise, Bangalore is called by various names. The City of the future, Bangalore is one of the fastest growing cities  in India, and acknowledged globally. A home to 4 million people, a traveler’s delight and a resident’s pride. The city is known for its outsourcing and IT boom, with renowned institutions such as IISC, IIM Bangalore has attracted people from various countries as well. People have been consistently drawn towards this city, the reason is its multiple job opportunities, education facilities and  comfortable climatic conditions. Bangalore has evolved into an urbanized modern city, with the upcoming areas such as Indiranagar, Koramangala, Vittal Mallya road, MG Road Bangalore, being most preferred  ones for commercial and residential establishments.

Various points of access from Indiranagar, Bangalore, indiranagar real estate
Various points of access from Indiranagar, Bangalore

First Look at Indiranagar

Indiranagar, a cosmopolitan posh locality in the south of Bangalore,is named after the former Prime Minister of India Ms. Indira Gandhi. Indiranagar is known for its extravagant restaurants, bars, bistros, retail stores.Long time residents believe that it has grown over the past decade from primarily a residential area to a dense commercial zone today. To this present day Indiranagar real estate is most in demand in the city. The broad alleys and tree lined avenues make it an  attraction for the passerby, it is  these avenues  that give Indiranagar its character. Indiranagar was initially a suburb, it now offers  the feeling of living in a completely different  city by itself, like a Mini BANGALORE popular among the young and young at heart.

Connectivity and Transport

With Ulsoor to its west-, Domlur to its south , Byappanahalli to its north and Vimanapura to its east and the outer ring road running through it, Indiranagar real estate has  a convenient geographical location. Indiranagar is in the vicinity of areas such as CMH road, Ulsoor, Vimanapura which once served as the Domestic Airport for Bengaluru and now comprises of the HAL Quarters, Domlur with its numerous multinational companies and Business processing units such as Dell, L&T and Microsoft. This neighborhood is in close proximity to the other commercial zones of Bangalore such as MG Road, Brigade Road, Koramangala-.It is well linked with the rapid mass transportation system :Namma metro station, Purple line helps one commute to multiple destinations such as MG Road and as far as Majestic and Mysore Road. The current metro is connected from Byappanahalli to Whitefield through buses and cabs. It is also well connected with the rest of the city by buses run by BMTC. Indiranagar is currently facing a traffic problems, besides being a popular commercial junction it is  also a route to various destinations within the city which has led to an increase in traffic flow.

100 ft road, Indiranagar real estate
100 ft road, Indiranagar
100ft Road, indiranagar real estate
100ft Road

Social Infrastructure: Healthcare, Education, Shopping

Indiranagar is also known as the commercial hub of Bangalore. 100 ft road, a street full of international multi-branded stores and  high end restaurants such as Toit , Smoke House Deli, one of the liveliest streets in town with. Indiranagar real estate hosts a perfect metropolitan culture with regards to food, the small yet famous food joints  Leon grill, Chakkum Chukkum are modestly priced, with their tasty authentic food have been on top consistently . Besides its commercial zone Indiranagar is also known for its beautiful residential areas, one of which is an elegant housing for the defense and military personnel known as the Defense colony.  Top schools like NPS, FAPS and New Horizon School are located here. It has cultural heritage points that promote performing arts, theatre and drama  – such as Indiranagar Sangeetha Sabha, parallel to which is the popular Indiranagar Club, often visited by people of different age groups. Other public services such as hospitality, safety, health are also provided in well renowned hospitals such as Columbia Asia, ESI Hospital, Motherhood and one of the oldest clinics Nethradhama.

Apartments on Indiranagar Double Road, indiranagar real estate
Apartments on Indiranagar Double Road
Toit, famous bar on 100ft Road, indiranagar real estate
Toit, famous bar on 100ft Road

Indiranagar Real Estate: Upcoming Projects & Price Trends

This modern, elite neighbourhood with a number of word class retail outlets, luxurious restaurants, bungalows, apartments is what convinces people to set base here. Most people prefer the vibes of this area but then not everyone can afford it.  The property market at Indiranagar real estate has seen good appreciation in the past as the area emerged as an address of preference for the rich and those at senior positions. Much of the residential supply at Indiranagar is of row houses i.e. horizontal development and very little is that of high rises. The apartments can cost Rs. 10,000-12,000 per sq ft, while rents can be Rs. 35,000 per month and upwards for 2BHK. The plots can cost Rs. 15000-18000 per sq ft of land. Indiranagar on the top lists of settling down as it offers a safe , classy environment with  all the basic amenities and job opportunities within a limited radius. A locality with unity in diversity, with its residents benefiting from all that it offers. A sure investment with promising returns at lower risks.

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6 Replies to “Indiranagar Real Estate Market”

  1. Many BDA & KHB layouts have flourished here. Indiranagar has transformed into those “Old Bangalore Charms” today. Also, Govt. bodies like BDA, KHB & HAL have done large scale planned developments here

  2. Indiranagar is quite clean with all amenities at one place. The KFC bus stop is the hub of life, as a lot of eating joints are present. Moreover, a number of restaurants, pubs etc are available and various famous apparel brands have their showrooms here.
    believe me, Indiranagar is one place that can boast of everything that a city needs at one place.

  3. @Bhuvan: Indiranagar itself has a lot of companies and entrepreneurs. Moreover, it is well connected to Silk board, Whitefield, Ecity etc, where IT parks and software parks are located.

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