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.
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.
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.
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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