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Thursday, November 14, 2024
Bengaluru residential property registration falls 8% y-o-y between July-September 2024 to 25,259 housing units
Wednesday, November 6, 2024
Banashankari Bangalore Popularity And Real Estate
Banashankari, popularly known as BSK,
is a predominantly residential locality in southern Bangalore. It is also the
largest locality in Bangalore, spreading over more than 13 square kilometres of
land. The locality comes from one of the oldest and most magnificent temples in
southern Bangalore, Banashankari Amma Temple. The locality is divided into six
stages for better administration and maintenance of public services. It also
has an extensive public transport network, relying primarily on buses for
smooth and hassle-free movement across the locality and connecting it with
other parts of the city. Residents of this area enjoy proximity to various
recreational areas, high-end stores and restaurants, hospitals, schools, and
parks. The extensive and well-maintained services allow the inhabitant to enjoy
a fulfilling lifestyle.
Top gated communities in Banashankari,
Bangalore
1. Brigade Omega
Brigade Omega is a well-planned and
meticulously developed complex area that offers its residents a wealthy and
rewarding lifestyle. The large and well-maintained flats maximize the useable
space in each flat. The property also has all of the required facilities. It
has 24-hour security, backup electricity, running water, a children’s play
area, visitor parking, rainwater harvesting, garbage disposal, and so on.
Highlights and amenities of Brigade
Omega
Types of apartments: 2 BHK and 3 BHK
apartments
Area per apartment: 1160 sq. ft. to
1800 sq. ft.
Number of apartments: 520 apartments
Address: Thurahalli Village
Uttarahalli, Sy. No.23/1, 80 Feet Rd, Banashankari 6th Stage 1st Block,
Subramanyapura, Bengaluru, Karnataka 560062.
2. Brigade 7 Gardens
Brigade Omega, located in the centre
of the Banashankari neighbourhood, aims to deliver a premium living experience.
The apartments are ready for occupancy, and the facilities are available at all
times. The tower has an elevator, 24-hour security, water supply, maintenance
personnel, and a dedicated parking lot.
Highlights and amenities of Brigade 7
Gardens
Types of apartments: 2 BHK and 3 BHK
apartments
Area per apartment: 1190 sq. ft. to
1450 sq. ft.
Number of apartments: 448 apartments
Address: Sy 37/1, Paduka Mandira Rd,
Bharat Housing Society Subramanyapura, Uttarahalli Hobli, Bengaluru, Karnataka
560061.
3. Tata Promont
Tata Promont is a 14-acre high-rise
residential apartment project in Banashankari. Many facilities are available in
the complex, including 24-hour hour water, power backup, visitor parking, a
children’s playground, servant quarters, and adjoining balconies. The location
is adjacent to several bus stations, making it easy for inhabitants to go about
the city.
Highlights and amenities of Tata
Promont
Types of apartments: 3 BHK, 4 BHK, and
5 BHK apartments
Area per apartment: 1782 sq ft to 4494
sq ft
Number of apartments: 312 apartments.
Address: 168, 3rd Main Rd, Ittamadu,
Banashankari 3rd Stage, Hosakerehalli, Bengaluru, Karnataka 560085.
The Sobha Clovelly is a popular gated community in Banashankari. The building is well-kept and has all the facilities its occupants require. There is also 24-hour running water, power backup, security, a garden, and an elevator. The property is near several parks and hospitals.
Highlights and amenities of Sobha
Clovelly
Types of apartments: 3 BHK, 4 BHK, and
5 BHK apartments
Area per apartment: 1564 sq. ft. to
4689 sq. ft.
Number of apartments: 137 apartments
Address: No.1, Subramanya Pura Rd,
Gowdanapalya, Uttarahalli Hobli, Bengaluru, Karnataka 560061.
5. ACS Meghna and Shalini Towers
ACS Meghna and Shalini Towers are in a
beautiful part of the Banashankari neighbourhood. The apartment complex is two
acres in size, well-kept, and equipped with all required services. The area is
close to several colleges and universities. It is also a short walk to the
nearest hospital and bus station.
Highlights and amenities of ACS Meghna
and Shalini Towers
Types of apartments: 2 BHK and 3 BHK
apartments
Area per apartment: 1357 sq. ft. to
1600 sq. ft.
Number of apartments: 180 apartments
Address: ACS MEGHANA AND SHALINI, Dr
Puneeth Rajkumar Rd, Kadarenahalli Park, Kadarenahalli, Banashankari,
Bengaluru, Karnataka 560070.
Things to do in Banashankari,
Bangalore
1. Visit two of the most mesmerizing temples
The
Banashankari locality hosts the two most famous and beautiful temples in
southern Bangalore. Modelled after Dravidian style architecture, the Dodda
Ganapathi Temple and Banashankari Amma Temple attract millions of devotees
every year. A must-visit place to connect with history and enjoy these two
temples’ fantastic architectural marvels.
2. Connect
with nature in various parks in Banashankari
Banashankari
can be considered a green locality thanks to its various parks and green
spaces. From sprawling areas to smaller neighbourhood parks, it offers a great
respite from the hustle and bustle of city life. Some of the most popular and
largest parks in Banashankari are “Mysuru Mallige” KS Narasimhaswamy Park,
“Turahalli Forest,” and “BDA Sculpture Park.” Visitors to these parks can enjoy
the lush greenery and colourful blooms and partake in recreational activities
such as jogging, biking, and playing various outdoor sports.
3. Visit
museums and cultural centres
The Suchitra
Cinema & Cultural Academy and the Indian Music Experience Museum are two of
Banashankari’s most popular cultural destinations. These venues provide a
variety of entertainment and educational experiences for visitors, including
performances, films, workshops, art exhibitions, lectures, and more.
4. Great
shopping experience at Srinivasa Nagar Shopping Complex
The
Srinivasa Nagar Shopping Complex is a commercial complex comprising several
stores offering everyday necessities, apparel, footwear, electrical products,
culinary items, and other commodities. The structure is fairly large and holds
restrooms and other amenities for clients. Visitors to the complex can enjoy a
leisurely shopping experience and a wide range of entertainment and educational
activities.
5.
Experience great dining
Banashankari
has numerous restaurants offering cuisine from all around the world. Some of
these restaurants even stay open until late at night, enriching the nightlife
of Banashankari. Banashankari’s more popular restaurants are Chikpet Donne
Biriyani House, The Great Indian Bhukkad, Anna Kuteera, JCubez, Taaza Thindi,
and Vinny’s. Whether you are looking for an early-morning snack, lunch, dinner,
or even late-night snacks, Banashankari is the perfect place to find a great
meal.
Places to
visit in Banashankari, Bangalore
1. Teriflix
Teriflix is
a delightful spot for cinephiles. The hosts are exceedingly appreciative and
welcoming. A fantastic spot to spend your holidays with family and friends
while watching a movie and munching. It has a great selection of films from all
genres, so no matter what your interests are, you will indeed find something to
enjoy, and even if you don’t, you can bring your collection and watch.
Address:
#177, 5th Cross, 50 Feet Road, Opp. Avalahalli BDA Park, Banashankari 3rd
Stage, Girinagar, Bengaluru, Karnataka 560062
2. Sri
Lakshmi Venkateshwara Coffee Bar
Sri Lakshmi
Venkateshwara Coffee Bar is one of the most popular Indian restaurants in
Bangalore. The place is famous for offering mouthwatering dishes. The quality
of the food is always of the highest standard. The place is so popular that you
might have to wait a while to get a seat inside the restaurant. Additionally,
the restaurant provides excellent service and friendly staff that ensure all
customers have a pleasant experience.
Address:
Kathriguppe Main Road. 21, Kathriguppe Main Road 4th Block, 3rd Phase,
Banashankari 3rd Stage, Bengaluru, Karnataka 560085.
3. Late
Night Open LSD Cafe
LSD Cafe is
one of Banashankari’s greatest late-night eateries. There is no seating;
however, home delivery is provided until 2 a.m. Whether you want a wonderful
cold smoothie on a hot summer afternoon or some fried appetizers on a wet
evening, the cloud restaurant will fill your request quickly.
Address: 2,
1st Main Rd., Mookambika Nagar, Dwaraka Nagar, Banashankari, Bengaluru,
Karnataka 560085
4.
Banashankari BDA Complex
It is an
ancient street retail location with a wide selection of things. They have food
kiosks, repair businesses, and services for almost every everyday need. They
are packed at night because of the famed chaats. They even have hairdressers,
accessories, shoe stores, and a bookshop. The place has ample parking for both
cars and motorcycles.
Address:
249, 4th Main Rd., Shastri Nagar, Thyagaraja Nagar, Basavanagudi, Bengaluru,
Karnataka 560028
5. Stoned
Monkey
Stoned
Monkey is one of Banashankari’s most popular desserts and ice cream joints.
Some popular items are stoned ice creams, Kiwi Mojitos, chocolate lava cakes,
cheesy garlic bread, thick shakes, and sundaes. They also serve many other
desserts, like tiramisu, chocolate fantasia, brownies, and waffles—a must-visit
place for all Banashankari’s ice cream and dessert lovers.
Address:
419, 9th Main, 24th Cross, Banashankari 2nd Stage, Bengaluru, Karnataka 560070
FAQs about
Banashankari, Bangalore
What is the distance
from Banashankari to the airport?
Banashankari
is around 40 km from Kempegowda International Airport. It takes approximately 1
hour and 20 minutes to reach the airport in a private vehicle.
What are the
best hospitals in Banashankari?
Banashankari
has no shortage of top-class hospitals. Some of the best ones are Motherhood
Hospital, Re-Life Hospital, and Devagiri Hospital.
What are the
best schools in Banashankari?
Some of the
best schools in Banashankari are Deccan International School, Sri Aurobindo
Memorial School, and Martin Luthar School.
What are the
best gyms in Banashankari?
The top
three gyms in Banashankari are Body Morph Gym, Solo Fit Gym, and Fitness
Solutions.
Which are
the parks in Banashankari?
The best
parks in Banashankari are Banashankari Bridavana Park, “Mysuru Mallige” KS
Narasimhaswamy Park, and BDA Sculpture Park.
What is the
best place in Banashankari to hang out on weekends?
The
Banashankari BDA Complex is the best place to hang out with friends and family
on weekends.
Thursday, October 31, 2024
Bengaluru Real Estate Trends Houseliv
Bengaluru has become one of the top property markets in the APAC region to watch out for, according to Knight Frank’s “Asia-Pacific Outlook 2023.” The residential market in Bengaluru, which is projected to grow by 5% annually, is the second-best market out of the 24 markets the report is tracking, according to the report. This is fantastic news for anyone looking to invest in the Bengaluru real estate market, both buyers and sellers. In this blog, we’ll delve further into market analysis and trends, look at the variables influencing Bengaluru’s real estate market, and offer investment tips for both buyers and sellers in 2024.
We’ll also examine in more detail the neighbourhoods of Binnypet, Devanahalli, and Doddaballapur, which are anticipated to have a big impact on the city’s growth story, and why making an investment there might be a wise choice. Consequently, if you’re curious about the Bengaluru real estate market, keep reading to find out more!
Bengaluru Real Estate Trends
Bengaluru has become one of the top property markets in the APAC region to watch out for, according to Knight Frank’s “Asia-Pacific Outlook 2023.” The residential market in Bengaluru, which is projected to grow by 5% annually, is the second-best market out of the 24 markets the report is tracking, according to the report. This is fantastic news for anyone looking to invest in the Bengaluru real estate market, both buyers and sellers. In this blog, we’ll delve further into market analysis and trends, look at the variables influencing Bengaluru’s real estate market, and offer investment tips for both buyers and sellers in 2024.
We’ll also examine in more detail the neighbourhoods of Binnypet, Devanahalli, and Doddaballapur, which are anticipated to have a big impact on the city’s growth story, and why making an investment there might be a wise choice. Consequently, if you’re curious about the Bengaluru real estate market, keep reading to find out more!
Market Trends And analysis : An Overview of the Bengaluru Real Estate Market in 2024
The real estate market in Bengaluru is expanding quickly, and a number of neighbourhoods have become popular investment locations for both buyers and investors. According to Knight Frank’s “Asia-Pacific Outlook 2023,” residential prices in the city are predicted to increase by 5% annually, making now an ideal time for investors and homebuyers to look into Bengaluru’s real estate market.
Binnypet is one such location that has drawn interest from both buyers and developers. With strong connectivity to the rest of the city, this small market enjoys a strategic location. A desirable investment location for buyers seeking a well-connected area with a thriving social and cultural scene, the area is surrounded by several commercial hubs including Chickpet, Chamrajpet, and Okalipuram.
Additionally, Binnypet is anticipated to see a significant increase in property prices due to the growing demand for residential real estate, making it an excellent investment opportunity for buyers seeking to realise a sizable return on investment over the long term.
In addition to Binnypet, Devanahalli and Doddaballapura have also become popular areas for real estate investments in Bengaluru. Industry experts claim that the demand for plotted developments has increased in these areas, and several launches for such developments have recently occurred. Due to its excellent accessibility to Whitefield, which is located an hour’s drive away and major business districts in North Bengaluru like Hebbal, Devanahalli is becoming increasingly popular.
Additionally, Doddaballapura will be connected to important areas of the city, such as Tumkur Road, Hyderabad Road, and Kolar Road, by the proposed Satellite Town Ring Road (STRR). Doddaballapura will become an appealing investment opportunity for buyers looking to invest in the Bengaluru real estate market as a result of this infrastructure development, which is anticipated to result in a significant increase in property prices in the neighbourhood.
There are many investments for buyers and investors looking to generate a sizable return on investment over the long term in the Bengaluru real estate market, which is currently experiencing significant growth. Buyers can investigate these areas and select the one that best suits their investment objectives and preferences with areas like Binnypet, Devanahalli, and Doddaballapura emerging as important investment destinations.
ong-term success is likely for developers and investors who can adjust to these changes and overcome the obstacles.
Bengaluru Real Estate Market Forecast 2024
Bengaluru has become one of the top property markets in the APAC region to watch out for, according to Knight Frank’s “Asia-Pacific Outlook 2023.” The residential market in Bengaluru, which is projected to grow by 5% annually, is the second-best market out of the 24 markets the report is tracking, according to the report. This is fantastic news for anyone looking to invest in the Bengaluru real estate market, both buyers and sellers. In this blog, we’ll delve further into market analysis and trends, look at the variables influencing Bengaluru’s real estate market, and offer investment tips for both buyers and sellers in 2024.
We’ll also examine in more detail the neighbourhoods of Binnypet, Devanahalli, and Doddaballapur, which are anticipated to have a big impact on the city’s growth story, and why making an investment there might be a wise choice. Consequently, if you’re curious about the Bengaluru real estate market, keep reading to find out more!
Market Trends and Analysis: An Overview of the Bengaluru Real Estate Market in 2024
The real estate market in Bengaluru is expanding quickly, and a number of neighbourhoods have become popular investment locations for both buyers and investors. According to Knight Frank’s “Asia-Pacific Outlook 2023,” residential prices in the city are predicted to increase by 5% annually, making now an ideal time for investors and homebuyers to look into Bengaluru’s real estate market.
Binnypet is one such location that has drawn interest from both buyers and developers. With strong connectivity to the rest of the city, this small market enjoys a strategic location. A desirable investment location for buyers seeking a well-connected area with a thriving social and cultural scene, the area is surrounded by several commercial hubs including Chickpet, Chamrajpet, and Okalipuram.
Additionally, Binnypet is anticipated to see a significant increase in property prices due to the growing demand for residential real estate, making it an excellent investment opportunity for buyers seeking to realise a sizable return on investment over the long term.
In addition to Binnypet, Devanahalli and Doddaballapura have also become popular areas for real estate investments in Bengaluru. Industry experts claim that the demand for plotted developments has increased in these areas, and several launches for such developments have recently occurred. Due to its excellent accessibility to Whitefield, which is located an hour’s drive away and major business districts in North Bengaluru like Hebbal, Devanahalli is becoming increasingly popular.
Additionally, Doddaballapura will be connected to important areas of the city, such as Tumkur Road, Hyderabad Road, and Kolar Road, by the proposed Satellite Town Ring Road (STRR). Doddaballapura will become an appealing investment opportunity for buyers looking to invest in the Bengaluru real estate market as a result of this infrastructure development, which is anticipated to result in a significant increase in property prices in the neighbourhood.
There are many investment opportunities for buyers and investors looking to generate a sizable return on investment over the long term in the Bengaluru real estate market, which is currently experiencing significant growth. Buyers can investigate these areas and select the one that best suits their investment objectives and preferences with areas like Binnypet, Devanahalli, and Doddaballapura emerging as important investment destinations.
ong-term success is likely for developers and investors who can adjust to these changes and overcome the obstacles.
Investment Strategies for Bengaluru Real Estate in 2024: Tips and Advice for Buyers
Examine market trends and projections to find potential investment opportunities.
Think about making investments in micro markets that provide buyers with affordable options, like Binnypet, Devanahalli, and Doddaballapura.
Find homes with amenities that support a healthy lifestyle and enough space for a home office to achieve a better work-life balance.
Before making an investment in any property, consider the reputation, performance record, and financial stability of the builder.
Pre-launch or under-construction properties might be worth investing in because they provide a higher return.
Invest in a variety of real estate, such as apartments, villas, or plots, to diversify your portfolio.
To obtain the best possible price, bargain with the builder or the seller.
Before investing in any property, make sure that all legal requirements, such as title verification and documentation, are satisfied.
Get in touch with a professional real estate investment platform like Houseliv to help you navigate the market and make informed investment decisions.
Houseliv is an online platform offering the best properties in cities such as Chennai, Bengaluru, and Hyderabad. Houseliv offers a wide range of products from commercial to co-living spaces. Visit our website for more investment details.
Frequently Asked Questions on Bengaluru Real Estate Market Forecast 2024:
Q1. What will happen to the property market in Bengaluru in 2024?
Bengaluru has become one of the top property markets in the APAC region to watch out for, according to Knight Frank’s “Asia-Pacific Outlook 2023.” The residential market in Bengaluru, which is projected to grow by 5% annually, is the second-best market out of the 24 markets the report is tracking, according to the report. This is fantastic news for anyone looking to invest in the Bengaluru real estate market, both buyers and sellers.
Q2. Will real estate prices go down in Bengaluru?
The price of the property in Bengaluru has reduced by 2% in the last year due to the pandemic. The price of the properties has been reduced to ensure that the properties are made more affordable to the buyers. However, it is expected to rise in the future once the pandemic is settled and everything is back to normal.
Q3. What is the trend in real estate in Bengaluru?
The trends followed by the Bengaluru realty market include various reformations taken by the government, the affordable housing segments, co-living, and senior living spaces, etc. Various changes have been brought in the landscapes of Bengaluru to make it an ideal location for real estate investment.
Team
Houseliv Realty
Friday, September 20, 2024
Only digital e-khatas from September 30 for BBMP properties in Bengaluru
The civic body has digitised around 21 lakh property records in Bengaluru to implement a fully online, faceless, and contactless e-khata system. Currently, property records are maintained manually in over 5,500 ledgers. The digitisation process began in 2023 following directives from Bengaluru Development Minister D.K. Shivakumar.
Under the new system, BBMP staff will visit properties to capture GPS coordinates, which are mandatory for obtaining the BBMP e-khata. Tushar Giri Nath, Chief Commissioner of the BBMP, stated in a release, “The GPS coordinates will serve as the unique identifier for your property and are essential for the faceless, contactless online delivery of all BBMP e-khata services.”Mr. Giri Nath urged Bengaluru residents to cooperate with civic staff during property visits. Officials noted that this initiative aims to reduce bureaucracy and corruption in khata issuance, while also boosting property tax revenue.
Saturday, August 31, 2024
Bengaluru Plans Major Transformation With Three New Integrated Townships In Bidadi, Solur And Nandagudi @Houseliv
Real Estate News Bangalore Houseliv
The Bangalore Metropolitan Region Development Authority (BMRDA) is set to develop three integrated townships on the outskirts of Bengaluru, reviving a proposal that has been in the works for nearly two decades.
The townships are planned for the suburbs of Bidadi, Solur near
Magadi, and Nandagudi in Hoskote. According to officials, the Bidadi Township
will be the first to be developed, serving as a pilot project.
“We are focusing on these three areas because they are connected
to the Satellite Town Ring Road (STRR),” explained Rajendra P Cholan,
Metropolitan Commissioner of BMRDA.
“Bidadi will be the first to be developed. It is strategically
located, surrounded by four highways. Our plan is to create an integrated
township with a mix of commercial establishments like logistics parks and data
centres, alongside high-rise residential units,” he added.
Planned townships on map. (Artha Midas)
Nandagudi was selected due to its location along the
under-construction Bengaluru-Chennai Expressway, while Solur was chosen for its
proximity to Nelamangala and Bengaluru, Cholan added.
As part of the preparatory work, BMRDA has reached out to Namma
Metro to assess the feasibility of extending metro connectivity to these
regions. In addition, the Bangalore Water Supply and Sewerage Board (BWSSB) has
been asked to develop infrastructure for supplying potable water to these
areas.
The BMRDA has several tasks ahead as it moves forward with the
project. The authority is seeking state government approval to notify a large
parcel of land for acquisition. Additionally, it is gearing up to prepare a
detailed project report (DPR), while the Bengaluru Urban district
administration will conduct a social impact assessment study.
Cholan noted that the government has already deployed three land
acquisition officers to begin groundwork for the project. “We will also
establish an engineering wing, and the file is currently awaiting approval from
the finance department,” he said. “Additionally, we are in discussions with
several financial institutions to secure loans for the project.”
The three regions were part of a broader proposal made in 2006,
during H D Kumaraswamy’s tenure as chief minister, to develop five suburbs,
including Ramanagara and Sathanur, into integrated townships. However, the
project stalled following a change in government.
In November of last year, the Siddaramaiah-led government established
the Greater Bengaluru Development Authority (GBDA), which has the mandate to
carry out development work in the BMRDA region.
The region includes 12 local planning authorities spread over
8,000 square kilometres. Similar to the Bangalore Development Authority (BDA),
the GBDA is expected to handle land acquisition and engineering work for the
proposed townships.
Bengaluru India's Biggest Real Estate Market In Last Quarter, Says Report @Houseliv
Bengaluru Houseliv Realty: The IT hub has emerged as the leading residential real estate market, with a sale of 18,550 units last financial quarter, said a report from Real Estate Intelligence Service (REIS) of JLL Research on Thursday.
The report also pointed out that new launches in the city increased by almost 45 per cent, with 16,537 units.
Sustained demand for property in Bengaluru supported by the booming IT sector, infrastructureupgradation programmes and conducive business environment has been attracting several national and regional developers to the city, resulting in healthy launches every quarter, said Rahul Arora, senior managing director (Karnataka & Kerala), JLL India.Houseliv Realty
According to him, in Bengaluru, Whitefield contributed 47 per cent of the new launches, followed closely by Hosur Road and Bellary Road.
The upper-mid segment apartments (priced between ₹ 1 crore and ₹ 3 crore) held a dominant 62 per cent share in the last financial quarter.
"Whitefield continues to hold its dominant position driven by its office sector expansion and recent extension of the Namma Metro. The corridor connecting Whitefield to Kempegowda International Airport through Budigere Cross has attracted several reputed developers who have announced projects largely within a ticket price range of ₹ 1 crore and ₹ 3 crore," said Arora."Interestingly, around 25 per cent of Bengaluru's sales were contributed by projects launched during the first six months of the year, signalling strong buyer confidence in such developments," said Samantak Das, chief economist and head of research and REIS, India, JLL, adding that the city's unsold inventory too registered a perceptible dip.
Monday, October 30, 2023
Soon, you can check property's legal status in Bengaluru houseliv
Hosakerehalli Bengaluru Real Estate market forecast 2025 @houseliv
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The Bruhat Bengaluru Mahanagara Palike’s e-khata is an electronic property certificate that maintains ownership information in...
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Banashankari, popularly known as BSK, is a predominantly residential locality in southern Bangalore. It is also the largest locality in Bang...