Lifestyle

Property rates & trends in Indira Nagar, Bengaluru

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Near HAL Layout

Good Connectivity

Near IT Hubs

Indiranagar has presence of many independent homes owned by defence personnel, as the locality lies in proximity to HAL Layout. The locality is also home to many politicians, sports personalities and celebrities. Subsequent to the IT boom of 1990s, the locality has emerged as a key residential hub. Proximity to major IT hubs and HAL Layout, excellent connectivity and good social infrastructure has worked in favour of Indiranagar developing as a key real estate hub of Bangalore.

You are reading: Property rates & trends in Indira Nagar, Bengaluru

Summary

  • Well-connected through Old Madras Road and the Namma Metro
  • Located in proximity to IT hubs
  • Good social infrastructure with educational institutes, shopping complexes, hospitals, etc.

Key Growth Drivers

  • Named after the country’s former Prime Minister – Indira Gandhi, Indiranagar was created as a BDA (Bangalore Development Authority) Layout in the 1980s.
  • Primarily residential in nature but after the IT boom of 1990s, Indiranagar has also witnessed commercial developments.
  • Excellent connectivity as it is situated in the heart of the city and is well-connected through Old Madras Road and the Namma Metro.
  • Sought-after residential locality in Bangalore as it lies 10 min from Bagmane Tech Park, 30 min from Whitefield and 30 min from the Electronic City.
  • Possesses good social infrastructure with presence of:
    • Educational institutes such as SSB International School, Pristine Public School, St. Mary’s College, JD Institute of Fashion Technology, and SMSG Jain Arts & Commerce College
    • Shopping complexes, shopping centres, standalone stores for clothing, footwear, jewellery, electronics, grocery, provision and general stores along with presence of Icon Mall.
    • Good healthcare facilities with presence of Chinmaya Narayana Super-speciality Centre, Columbia Asia Hospitals, Axon Speciality Hospital, etc.

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Source: https://ecis2016.org/.
Copyright belongs to: ecis2016.org

Source: https://ecis2016.org
Category: Lifestyle

Debora Berti

Università degli Studi di Firenze, IT

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