Kanakapura Road is one of the major stretches in Bangalore, which begins from Basavangudi and stretches till Kanakapura. Over the past few years, this stretch has been witnessing a wide range of developments in terms of social infrastructure and connectivity. As a result, the demand for residential properties has increased remarkably in recent times. Some of the neighborhood areas of this region include Mallasandra, Vajarahalli, Anjanapura, JP Nagar, Banashankari and Jayanagar.

Here are some of the major factors that fuel the real estate market of Kanakapura Road;

Connectivity

As the locality is well-connected to NICE Road (Bangalore-Mysore Infrastructure Corridor), it enjoys seamless connectivity to major areas of Bangalore which include Electronics City, Bannerghatta Road, Mysore Road and the proposed Peripheral Ring Road (PRR). Some of the other major roads that pass via Kanakapura Road include Marenahalli Road, Outer Ring Road, 80 Feet Road, Chunchgatta Road and Vajarahalli Road. When it comes to transportation facility, the locality gets frequent bus services operated by the BMTC. Also, there are taxis and auto rickshaws for intra-connectivity. Further, the upcoming Green line of Namma Metro will bring in number of metro stations in Kanakapura Road Stretch. Some of the upcoming metro stations in and around this locality include the Lalbagh Metro, South End Circle Metro, Jayanagar Metro, Rashtriya Vidyalay Metro, Banashankari Metro, JP nagar Metro and Puttenahalli Metro.

With good connectivity to Electronic City via NICE Road, the demand for apartments and villas in Kanakapura Road has been especially high among the working professionals. Apart from property buying, the demand for rental homes is also high in this stretch. Thus, a lot of property investors prefer to invest in this region to earn a good return on investment via rental income.

Social Infrastructure

The locality’s sound social infrastructure is yet another major factor that drives the property market here. Kanakapura Road has the presence of famous schools such as the Delhi Public School, Jnana Sweekar Public School, and Ekya School. Also, there are some renowned educational institutes like the Bangalore Institute of Legal Studies, Adarsh Business School, KSIT, City Engineering College, NMKRV College for Women, NIAM Institute of Applied Management, and Yellamma Dasappa Institute of Technology. When it comes to healthcare facilities, the locality has the presence of some reputed hospitals such as Sri Sairam Hospital, Mathru Multi Speciality Hospital, and Nethradhama Superspeciality Eye Hospital. Also, the locality has shopping complexes, shopping centers, retail outlets, grocery shops, provision and general stores, as well. With the presence of these social amenities, the locality attracts more number of potential home buyers with families.

According to real estate sources, the upcoming infrastructure developments are likely to boost the capital values of this region further in future. Thus, investing now in Kanakapur Road is a safe-bet.

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