As a property investor, you must proactively look for the fastest growing areas in Bangalore to buy a property in. With property prices rapidly escalating in many localities in this city, it’s wise to make an early investment.
Property rates have increased by 15% to 30% in some localities in the last five years. So, if you are bracing to make a property investment in Bangalore in a residential or commercial space, it’s imperative to know the best places to go.
In this guide, we have shortlisted some of the fastest-developing areas in Bangalore. Reputed developers are already coming up with residential properties in these localities.
Whether you are a property investor or homeowner, check out these upcoming areas in Bangalore and invest in new properties.
As a part of the Sarjapaur-Marathahalli Road, Sarjapur Road has several popular housing markets. These include HSR Layout, Doddakannelli, Kaikondrahalli, Koramangala, and Carmelaram. The proximity of Sarjapur Road to tech hubs like Koramangala, RGA Tech Park, and RMZ Ecoworld makes it a great place to buy residential property in Bangalore. Property values have surged over 30% in recent years in this area.
• Average property price: INR 7,850 per square foot
• Monthly rentals: Starting from INR 30,000
• Educational institutes: Orchids- Delhi Public School, The International School Oakridge International School
• Hospitals: Columbia Asia Hospital, Balaji Nursing Home, Doctor Levine Memorial Hospital
• Malls and commercial hubs: Koramangala, Sarjapura Industrial Estate, Market Square Mall
Indira Nagar is a vibrant and cosmopolitan locality along Old Madras Road. With its serene environment and proximity to major commercial hubs, it is a highly sought-after destination for buying property in Bangalore. The area is well-connected to Whitefield and key roads like Varthur Road, which makes it an excellent choice for both homebuyers and businesses.
• Average property price: INR 13,200 per square foot
• Monthly rentals: Starting from INR 23,000
• Educational institutes: National Public School Indiranagar, SSB International School, Pristine Public School
• Hospitals: Chinmaya Mission Hospital, Motherhood Hospital, The Life Plus Hospital
• Malls and commercial hubs: Sathya Lakshmi Square, Kaypee Square, Kheny Plaza
• Connectivity: Varthur Road, Swami Vivekananda Metro Station, Indira Nagar Metro Station
Hennur is one of the fastest developing areas in Bangalore. Situated in the northern part of the city, it is known for its affordable housing options. Its proximity to major employment hubs like Manyata Tech Park and Kirloskar Business Park ensures convenience for residents. Hennur has a thriving real estate market that attracts homeowners as well as investors.
• Average property price: INR 7,100 per square foot
• Monthly rentals: Starting from INR 10,000
• Educational institutes: HMR International School, Bangalore International School, Oasis International School
• Hospitals: Aster CMI Hospital, Cloudnine, Columbia Asia Hospital
• Malls and commercial hubs: Orion East Mall, Elements Mall, Manyata Tech Park
• Connectivity: Kempegowda Bus Station, MG Road, Baiyappanahalli Metro Station
Located in the southern part of Bangalore, Attibele has quickly turned into a great place for making a property investment in Bangalore. With its proximity to major IT and biotech companies, particularly in the neighboring Electronic City, it offers excellent connectivity to key employment hubs. These include Silk Board Junction and Anekal, among others.
• Average property price: INR 4,600 per square foot
• Monthly rentals: Starting from INR 10,000
• Educational institutes: St. Dominic’s School, Attibele Public School, KLS International School
• Hospitals: NR Hospital, Life Care Hospital, Apollo Hospital
• Malls and commercial hubs: Cosmos Mall, Electronic City, JP IT Park
• Connectivity: Kempegowda Bus Station, Bangalore Elevated Tollway, Satellite Town Ring Road.
Kadugodi is one of Bangalore's upcoming areas. It is known for its affordable property prices and proximity to major commercial hubs like Whitefield, Bellandur, and Outer Ring Road. The upcoming suburban rail project, including the Kengeri-KSR Bangalore-Whitefield Rail Corridor, will significantly enhance connectivity in this region.
• Average property price: INR 6,000 per square foot
• Monthly rentals: Starting from INR 11,000
• Educational institutes: MVJ College of Engineering, PVS High School, The Shepherds Touch Public School
• Hospitals: Yashumathi Hospital, New Life Hospital, Ashwathiah Poly Clinic
• Malls and commercial hubs: Rolla HyperMarket, Forum Value Mall, International Tech Park
• Connectivity: Kadugodi Metro Station, ITPL Metro Station, Whitefield Railway Station
Yelahanka is a popular locality in Bangalore. It is known for its proximity to Kempegowda International Airport and key IT parks along the Outer Ring Road. This locality has witnessed significant property value appreciation, around 33% in the last three years. The proposed extension of Namma Metro Line 4 will further boost the connectivity in this area.
• Average property price: INR 7,200 per square foot
• Monthly rentals: Starting from INR 8,500
• Educational institutes: Canadian International School, Ryan International School, National Public School
• Hospitals: Omega Multispeciality Hospital, Navachethana Hospital, KK Hospital
• Malls and commercial hubs: RMZ Galleria Mall, Yelahanka New Town Shopping Complex, Manyata Tech Park
• Connectivity: Bellary Road, Doddaballapur Road, Yelahanka Road
Yeshwanthpur is one of the fastest growing areas in Bangalore, located in the northern part of the city. It has a dedicated metro station on the Green Line and is well connected by the Tumkur Road and Asian Highway 47. Yeshwanthpur is a popular residential zone for those working in the Peenya Industrial Area.
• Average property price: INR 8,800 per square foot
• Monthly rentals: Starting from INR 12,000
• Educational institutes: New Carmel English School, National Public School, Bapu Group of Education Institute
• Hospitals: Sparsh Hospital, Raksha Hospital, Columbia Asia Hospital
• Malls and commercial hubs: Rajajinagar IT Park, World Trade Centre, Mantri Square Mall
KR Puram is a suburban area in Bangalore. Property buyers can choose from a mix of multi-story apartments and independent houses. Thus, both homeowners and renters look out for properties in this area. With the Blue Line connecting Silk Board to KR Puram nearing its completion, it has emerged as one of the fastest developing areas in Bangalore.
• Average property price: INR 6,000 per square foot
• Monthly rentals: Starting from INR 10,000
• Educational institutes: Cambridge School, Amar Jyothi Women's College, Cambridge Institute of Technology
• Hospitals: Sri Lakshmi Super Speciality Hospital, Narayana Multispeciality Hospital, KH Hospital
• Malls and commercial hubs: Phoenix Marketcity Mall, Gopalan Grand Mall, International Tech Park
• Connectivity: KR Puram Railway Station, Old Madras Road, Outer Ring Road
Nallurhalli, located close to Whitefield, is one of the upcoming areas in Bangalore. It provides plenty of green spaces to residents, and they can quickly get across to the commercial areas in the city. The Sigma Tech Park and International Tech Park are located close by. Nallurhalli also houses several automobile, technology, and telecom companies.
• Average property price: INR 7,500 per square foot
• Monthly rentals: Starting from INR 15,000
• Educational institutes: Naksha Academy, Vivero International Pre School, Vydehi School of Excellence
• Hospitals: Vydehi Hospital Multispeciality, Modern Clinic, Manipal Hospital
• Malls and commercial hubs: Star Bazaar, Carrymart Hypermarket, Woodstock Business Centre
• Connectivity: Nallurhalli Main Road, ITPL Metro Station, ITPL bus station
Once a quiet area, Nagavara has emerged as one of the fastest growing areas in Bangalore. Currently, it is a bustling residential hub with excellent social infrastructure. 2BHK homes in this area constitute more than 50% of the available real estate inventory in Nagavara. Its proximity to the Karle Special Economic Zone, Central Business District, and Peenya Industrial Area makes it highly attractive for property buyers.
• Average property price: INR 11,250 per square foot
• Monthly rentals: Starting from INR 10,000
• Educational institutes: Vivero International Pre School, Al-Burooj International School, Vidyanjali International School
• Hospitals: NRG Hospital, Good Shepherd Hospital, Icon Hospital
• Malls and commercial hubs: Mantri Square Mall, Esteem Mall, Manyata Tech Park
• Connectivity: Bellary Road, Peenya Industrial Area, Yeshwanthpur Railway Station
Now that you have the ultimate list of the fastest-growing areas in Bangalore, it’s time to decide where to buy your property. Based on your location preferences and budget, you can narrow down your choice from our list. Property rates will be escalating in these upcoming localities in Bangalore. Investing early in these areas, you can capitalize on the rising property prices in the city.
FAQs
Some of the factors leading to the rapid growth of the real estate sector in Bangalore are the proximity to major IT hubs and the strong social infrastructure in the region. Major IT companies like BEL, IBM, Micro Software Services, Integra Micro Software Services, and Philips Software operate in Bangalore.
Some of the developed localities in Bangalore include Whitefield, Devanahalli, Hebbal, and the Electronic City. Investors look out for both residential and commercial property in Bangalore in these areas.
Some of the fastest-growing areas in Bangalore include KR Puram, Sarjapur Road, Hennur, and Indira Nagar. Property prices in these regions are gradually increasing.
In Hebbal, one of the fastest growing areas in Bangalore, property prices start around INR 10,000 per square foot. The cost of a 1 BHK home is around INR 50 lakh, while a 3 BHK home can cost you around INR 70 lakh. Larger properties like 3 BHK apartments can cost anything between INR 80 lakhs and INR 1.2 crore.
