Property rates & trends in RR Nagar, Bengaluru

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Rajarajeshwari Nagar, popularly known as R R Nagar, is a planned residential locality in south-west Bangalore. Being an organized locality and lying in proximity to Mysore road, this area has seen a lot of traction in the recent past. Excellent road connectivity to the IT Hubs along with proposed improvement due to metro rail connectivity, is likely to drive future growth of R R Nagar.

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Summary

• Excellent connectivity to IT hubs as well as Koramangala
• Proximity to the BMIC has been a key driver of commercial and residential real estate
• Good social infrastructure with educational institutes, shopping places, hospitals, etc.

Key Growth Drivers

• Strategically located in proximity to major localities such as Banashankari, Uttarahalli, Rajaji Nagar, etc.
• Excellent connectivity to Koramangala (~ 45 min), Whitefield (~ 60 min), Electronic City (~ 40 min)
• Planned residential locality organized and structured with adequate green cover
• Proximity to the BMIC (Bangalore Mysore Industrial Corridor) also known as NICE Ring Road, connecting Bangalore City to Mysore has been a key driver of commercial and residential real estate
• The proposed Phase II of Namma Metro from Kengeri and Mysore Road will cover RR Nagar, which will be a key trigger for real estate developments in this region
• Excellent connectivity to the International Airport (~ 60 min)
• Possesses good social infrastructure with presence of:
  • Educational institutes such as National Hill View Public School, New Horizon Public School, Ashwini High School, etc.
  • Shopping places such as Gopalan Arcade Mall, More super market, Gopalan Promenade Mall, etc.
  • Good hospitals such as BGS Global Hospitals, SS Hospital, etc.

Read also : Madhapur: The affordable luxury hub of Hyderabad

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