Within South Bangalore, the influx of new developments in Jayanagar Real Estate is enough to indicate the interest that builders have in the area. The locality is predominantly a residential area and a favourite with its inhabitants as well. Infact a survey in 2010 by the newspaper DNA (Bangalore) ranks the place as ‘the most livable place’ in the city. If that isn’t convincing enough, we’ve got a few important places in the area for you, to give you a few reasons why you should consider investing in it.
1. Jayanagar Bus Stop
This bus stop is located in Jayanagar 4th block and is an important bus stop from where people ply to Shivaji Nagar, Chinnaswamy Stadium, Meikhri Circle, Majestic, Banashankari, KR Market and more. It also has regular inflow of buses heading to the airport (1 hour away ) BIAS5, BIAS5A, BIAS1. This makes it easy for people to commute, especially because the location of the bus stop is prime and hard to miss; not to mention easily accessible. Bangalore Central Railway Station is 30 minutes away from Jayanagar. Jayanagar real estate is surrounded by major South Bangalore areas like Basavanagudi, JP Nagar, Banashankari 2nd stage, Gurappanapalya, Suddaguntepalya and BTM Layout among other areas. All of these areas are less than 15 minutes away from Jayanagar. JP Nagar 4th block directly opens up to the IT-laden Bannerghatta Road while BTM Layout opens up to the start-up hub, Koramangala. Jayanagar is also in proximity to the Lalbagh Botanical Gardens which is central to getting to the office-filled MG Road (6km) or the college hub Shantinagar (2km). The South End Circle, where six roads from different areas meet, and the Ashoka Pillar make Jayanagar gives the area good connectivity. Jayanagar hence real estate offers quick connectivity to areas that open into important spaces, maintaining its residential nature even while offering good connectivity at the same time.
2. Jayanagar Market Complex
Apart from being a residential hub, the market complex in 4th block is quite popular as well. Retaining its old world charm despite modernization sweeping Bangalore, it is known to be at par with the popular commercial street. The place has an array of shops as well as ticket counters and important government offices. You can find everything from fruits and vegetables to fancy jewelry making it an important hub for those last minute fix-ups and accessory/clothes needs or even a tailor fix. The market is right next to the Jayanagar Bus Stop. Food is popular in the area, primarily street food and South Indian food. Restaurants line the roads, but perhaps the biggest highlight of the place is its spice market where one can buy unpacked spices of superior quality. Of this the more popular option is the government run Kaveri store known primarily for its sandalwood, handicrafts, wood carved sculptures and Mysore silks.
Restaurants like AB’s, Taaza Thindi, Corner House and Barbecue Nation make up a few of the more popular restaurant chains who’ve settled in the area.
While the more reserved Jayanagar may not have nightlife of its own to boast of, it’s a gateway to pubs and clubs in Bannerghatta Road and Koramangala. The closer, J.P Nagar has a few pubs like Brewsky and Watson’s.
3. Blocks 1,3, and 5 in Jayanagar Real Estate
These are the more popular residential spaces with a conservative environment. Real estate in these spaces has gone up considerably, and the popularity of these places has risen as well. There are 6 other blocks that are quiet residential spaces while block 3 and 4 are primarily commercial. Rajarajeshware Builddcon Parasmani Regency is a residential complex that is still under construction. The property offers 72 apartments, with amenities like power backup, 24/7 security, rainwater harvesting and indoor and outdoor games amongst others. It has 2 and 3 BHK apartments with prices starting from 1.5 crores. Ceear Realty The Big Tree is another residential complex that offers exclusive 3 and 5 BHK apartments currently under construction. With facilities like roof-top infinity pool, open-air Jacuzzi, stacked parking, private access elevators and more, this project scales the luxurious lot of properties in the area. B And B Infrastructure the Spire consists of 3 and 4 BHK apartments over a 2 acre space, with all necessary amenities, including a spa, convenience store, large party decks and more. Costs go up from 3.5 crores. Other popular builders across the residential block are Sobha, Adarsh, and Mantri.
4. Jain University
Jain University is one of the more popular educational institutions in the city offering courses in Commerce, Engineering, Management, Humanities Languages and Sciences. The University is located in the 9th block and represents the abundance of educational institutions in Jayanagar. This includes playschools, junior to higher secondary schools and universities.
The popular play schools in the area are Kidzee and Euro Kids, while Bangalore International, Vijaya High, Carmel Convent and more stand in for the popular options for middle and high school.
National College is well-known an option while RV College of Nursing located in the 4th block, is also popular.
5. Namdhari’s Fresh
A home’s requirements can’t just be fulfilled by a Kirana store. Spoilt for choice and rightly so, any good residential area has a variety of convenience stores to offer. Reliance Fresh in 3rd block is a good option. There’s also Namdhari’s on 25th main road which is frequented, Mangalore Stores on 27th cross road.There’s also DMart, Heritage Fresh, Nilgiris and Ample, Jayanagar Super Bazaar and more. For anything that one can’t access at these places, there’s the market complex.
6. Apollo Hospital
Healthcare is a necessity that must come with quick access. Apollo hospital in Jayanagar is a multispecialty hospital that ensures any kind of need is met. It isn’t, however, your only option. There’s also Dr Malathi Manipal Hospital, Mamatha Hospital and more along with specialty clinics like Sattvik Spine Foundation – Spine Surgeon & Consultant.
7. Nanda Road
Nanda Main Road a.k.a the 4th Main Road is observing massive growth potential since it is to house the Namma Metro project in the area. The eight-km elevated Metro line is between National College, Basavanagudi, and Puttenahalli Cross, JP Nagar. This is to make travel easier from Jayanagar to the city even further.Green and serene, the road is a boulevard running North to South from South End Circle to 46th Cross in 5th Block and goes on for 2 kms. It is most known for well maintained parks flanking either sides of its length. Despite the metro stealing some of its green quotient, the place retains its charm.
If these key features resonate with you, just as they did with builders- make sure you look for a home in Jayanagar real estate today.
1. What is the biggest problem one would face while investing in Jayanagar?
Jayanagar is almost completely saturated, and could hence become a little too crowded for residents in the next few years. Besides this, saturation inevitably translates to slower growth in the area.
2. What is the average cost of a home in Jayanagar?
As of October, 2016 the average cost of a home is Rs 8,489 per sq.ft
3. Is Jayanagar expected to appreciate in the next few years?
Yes, a quarterly 3-5% appreciation per year.
4. What is the status of the metro line in Jayanagar?
As of October, 2016 it is under construction and is non-operational.
5. Are there any malls/multiplexes in Jayanagar?
Jayanagar is primarily residential. It has a few old world theatres, and the nearest mall is on Bannerghatta Road. (Gopalan Mall/Meenakshi Mall)