[ecis2016.org] Thanisandra area, located in the northern part of the ‘Silicon Valley’ of India, is one of the realty hotspots in the city giving excellent average annual returns as per estimates. Thanisandra currently has nearly 60 new and upcoming housing projects and lies near areas like ORR and Nagavara Circle, where the property rates are higher
The demand for Thanisandra real estate has shot upwards, due to the presence of the Manyata Tech Park nearby. Thanisandra also has a road leading to the Bengaluru International Airport and has several new layouts, including Anam Enclave, Telecom Layout and MS Ramaiah North City. The area is well-connected to the Nagavara Circle and the Thanisandra Main Road is a major connectivity lifeline for residents. There are several social amenities available for residents.
You are reading: Thanisandra property market: An overview
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For home buyers, there are various options available when it comes to apartments in Thanisandra, although people are mostly seen to prefer 2 and 3-BHK configurations here. Some of the leading builders in Thanisandra include Sobha Group, Puravankara, Prestige, Sekhar and Brigade, among others. Some of the well-known projects in Thanisandra include Sobha Chrysanthemum and Sobha City, to name a few.
Thanisandra is quite a good option for those seeking affordable and mid-range housing, while adjoining localities like Sanchar Nagar and ORR cater mainly to the upper end of the market.
Connectivity with nearby Thanisandra localities
- Yeshwanthpur Railway Station, which is situated near the city centre, is the nearest railway station to Thanisandra Main Road – 11 kilometres.
- Excellently-connected to the most important areas of Bengaluru via ORR and Thanisandra Main Road.
- Thanisandra is located 27.1 kilometres away from the Kempegowda International Airport.
- BMTC bus services connect this region to other major parts of the city.
Employment hubs near Thanisandra
- Embassy Manyata Business Park – 2.3 kilometres.
- Koramangala – 22.4 kilometres via NH-44 and NH-75.
- International Tech Park (ITPB) – 19 kilometres via NH-75 and Whitefield Main Road.
- KIADB Industrial Area – 13.2 kilometres via Bellary Road.
- Electronic City – 13.2 kilometres via Hosur Road.
- Whitefield – 22.4 kilometres via Whitefield Main Road and NH-75.
- Wipro Corporate Office – 15.4 kilometres via Bellary Road.
Some of well-known schools in Thanisandra are Rashtrotthana Vidya Kendra and Federal Public School. Leading hospitals in Thanisandra include the Regal Hospital Bangalore and the Columbia Asia Hospital – Hebbal. Popular shopping malls in Thanisandra include the Elements Mall and Virginia Mall, to name a few.
Upcoming physical infrastructure in Thanisandra
- Karle Group is planning the Karle Town Centre, a mixed-use development of 75 acres, which includes options for retail, entertainment and SEZ, along with residential developments by 2018.
- Expansion of Thanisandra Main Road and its conversion to include commercial zones, once complete, will attract more home buyers.
- Nitesh Estates is building a central park.
- The upcoming metro railway node at Nagawara, will boost connectivity options for residents.
- The Peripheral Ring Road project will also boost connectivity for residents.
Price trends in Thanisandra
- Price appreciation – 3%-5% over the last quarter.
- Current property rates – Rs 4,144-6,241 per sq ft.
Reasons to invest in Thanisandra
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Considering the current price trends in Thanisandra and its proximity to major business destinations, future appreciation should happen. The area should offer decent price appreciation, on account of upcoming infrastructure. Teething problems include water supply issues and garbage disposal woes in some areas.
Check properties in Thanisandra
Source: https://ecis2016.org/.
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Source: https://ecis2016.org
Category: Lifestyle
