Real Estate in Old Madras Road

OMR or Old Madras Road is a 7 km stretch between Benniganahalli and Medahalli junction in Bangalore. Old Madras Road is known for being a commercial and cultural hub, and particularly, for the weekly farmer’s markets called “Santhe” and is also a fast developing locality in Bangalore due to the many IT hubs located nearby. OMR is well-connected by autos, local trains, metros, BMTC buses and mobile app based cabs like Uber, Ola, etc.

This suburb is known for being a hub for educational institutions and schools. They also have a lot of hospitals and shopping centers. There are many places in Old Madras Road where one can rejuvenate and relax too. It has emerged as one of the thriving real estate destinations as it is relatively affordable and has good connectivity through highways. The steady pace of real estate development is proof of OMR’s desirability for residents as well as developers.

Old Madras Road – The future of Real Estate.

Last updated on June 22, 2018 by swetha venkat

First Look at Old Madras Road: OMR or Old Madras Road is a 7 km stretch between Benniganahalli and Medahalli junction in Bangalore. This arterial route connects Baiyappanahalli in the north, CV Raman Nagar and HAL in the south, Indiranagar and Ulsoor in the west and the famous areas of KR Puram, Whitefield, and Mahadevpura in the east. Old Madras Road is known for being a commercial and cultural hub. Old Madras Road is known for the weekly farmer’s markets called “Santhe”. This is where people not only exchanged goods and commodities, but also a wealth of knowledge. This suburb has now taken a stride forward towards sustainable development as it incorporates both greenery and modernity. However, despite the big markets and the crowds that flock the gates of Old Madras Road, this area enjoys a serene vibe that emanates from the natural greenery and lakes. Connectivity and transport: Old …

Old Madras Road – The future of Real Estate.

First Look at Old Madras Road:

Old Madras Road, Bangalore.

OMR or Old Madras Road is a 7 km stretch between Benniganahalli and Medahalli junction in Bangalore. This arterial route connects Baiyappanahalli in the north, CV Raman Nagar and HAL in the south, Indiranagar and Ulsoor in the west and the famous areas of KR Puram, Whitefield, and Mahadevpura in the east. Old Madras Road is known for being a commercial and cultural hub. Old Madras Road is known for the weekly farmer’s markets called “Santhe”. This is where people not only exchanged goods and commodities, but also a wealth of knowledge. This suburb has now taken a stride forward towards sustainable development as it incorporates both greenery and modernity. However, despite the big markets and the crowds that flock the gates of Old Madras Road, this area enjoys a serene vibe that emanates from the natural greenery and lakes.

Connectivity and transport:

Old Madras Road is connected by autos, local trains, metros, BMTC buses and mobile app based cabs like Uber, Ola, etc. There are three major roads namely National Highway 4, Outer Ring Road and State Highway 35, which connects this suburb to the rest of Bangalore. The KR Puram railway station is well connected by all major trains. The Baiyappanahalli metro station is located just 4 km away from Old Madras Road, Benniganahalli junction and provides residents connectivity to Indiranagar, MG Road, Majestic, Market, etc. This suburb is soon going to get direct metro connectivity through the extension from Baiyappanahalli. The  KR Puram bridge is another means of fast commuting.

Social Infrastructure: Healthcare, Education, Shopping:

Old Madras Road has many eminent shopping malls and one of the most popular is Phoenix Market City (6 km) which has many international and local brands in it (from Benniganahalli junction). Other major malls like Forum Mall (10 km), V.R.Mall (6 km) and Inorbit Mall (12 km) are located close by Old Madras Road in Benniganahalli junction. Other entertainment outlets include Park Square (10 km), Gopalan Signature Mall (2.4 km) and 1 MG-Lido Mall (6.7 km). All of these shopping malls provide local and international requirements for a comfortable living. Nandhana Palace, Southern Spicy, Purvi Restaurant, Barbeque City and Beijing Bites are a few renowned restaurants in this suburb.

The well-known Manipal Super Speciality Hospital is just 7 km away from Old Madras Road (from Benniganahalli junction). Sri Ram hospital (5.2 km), N.M.P.G hospital (6.6 km), Sri Sathya Sai Super Speciality Hospital (10 km), Vydehi Institute of Dental Sciences & Research Centre (12 km) are some other renowned medical centers located Old Madras Road, Benniganahalli junction.

Old Madras Road is known for being a hub for educational institutions. Old Madras Road has some of the eminent and finest educational institutions such as S.E.A College of Engineering (8.2 km), Garden City College (7.9 km), Cambridge Institute of Technology (7.2 km), Silicon city college (6.5 km) and Lowry Memorial Institutions (3.9 km). Reputed schools situated here are Cambridge School (4.7 km), VIBGYOR High School (5 km), PNC Cognitio School (13 km), Lake Montfort School (10 km) and Mount Litera Zee School (13 km). (distance from Benniganahalli junction)

There are many places in Old Madras Road, Benniganahalli junction, where one can rejuvenate and relax. The Vengaiana Kere Lake is just 7 km away while the Yela Mallappa Shetty Lake is just 10 km away. Popular recreational spots include Sathya Sai Baba Ashram (18 km), Fantasy Lagoon (6.2 km) and KR Puram Hanging Bridge (4 km).

Old Madras Road, Benniganahalli junction is just 10 km to ITPL, 11 km to Hope Farm Junction, 11 km to Manyata Tech Park, 7.7 km to MG Road and 36 km to the Airport.

Employment hubs:

Old Madras Road is one of the fast developing localities in Bangalore due to the many IT hubs located nearby. Old Madras Road, Benniganahalli junction is just 3.4 km away from Bagmane Tech Park and 10 km away from ITPL (International Tech Park). Other tech parks which are located nearby are RMZ Infinity (3 km), DivyaSree Technopark (12 km) and Salarpuria GR Tech Park (11 km). These are the prominent employment hubs nearby; others include suburbs like Indiranagar, Whitefield, KR Puram, Mahadevapura, etc.

ITPL near Old Madras Road. (souce: ITPL)

Old Madras Road: Real Estate and Price Trends:

Old Madras Road has emerged as one of the thriving real estate destinations as it is relatively affordable and has good connectivity through highways. The Kempegowda International Airport is also located nearby making national and international travels easy. This also could be attributed to the employment hubs and the sound social infrastructure facilities which are available nearby. It is one of the most sought after residential localities.

Brigade Exotica (source: Homz N space )

Many prominent developers on OMR include Brigade – Brigade Exotica (new booking base price – INR 1.70Cr – 1.95Cr); Puravankara – Purva 270 (new booking base price – INR 81.42 Lac to 1.49 Cr); Brigade- Brigade Buena Vista Phase 1 (new booking base price – INR 72. Lac to 1.17 Cr); Prestige – Prestige Greenwoods (new booking base price – INR 1.22 Cr – 1.52 Cr) and Bren Corporation- Bren Starlight (new booking base price – INR 74.11L – 89.89L). The current rate is around INR 5,050/ Sq. ft., while the price appreciation has been around 35% over the last 2 years. The rent for a 2 BHK room is around INR 22,700/ month as mentioned by commonfloor. The steady pace of real estate development is proof of Old Madras Road desirability for residents as well as developers.




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