Overview of Arekere, Bangalore

Arekere, in South Bangalore, is a growing residential area full of convenience, amenities, and good investment chances.

Location and Connectivity

• Arekere connects well with other regions in Bangalore via major roads.
• Key points and their distances include:
  • Indian Institute of Management (IIM Bangalore): just 2 km away
  • Electronic City: 15 km away
  • Peenya Industry: 24 km away
  • DRDO Township: 18 km away
  • Bommasandra Industrial Area: 21 km away
  • Bannerghatta Biological Park: 11 km away
  • Jagannath Temple: 9.5 km away.

Infrastructure and Amenities

• The area features a well-developed social and civic framework.
• Good schools like Orchids International School, Mitra Academy, Aradhana Academy, and BGS National Public School are present.
• Nearby are reputed hospitals: Fortis Hospital, Bannerghatta Main, Nano Hospitals, Apollo Hospitals Bannerghatta, and many others.
• Popular shopping centers like Royal Meenakshi Mall, Bangalore Central, and Gopalan Innovation Mall are within driving distance.
• Recreational options include Family Park for jogging and morning walks.

Property Types and Pricing

• Sales:
  • Property prices in Arekere kick off at Rs. 3,446 per sqft with an average of Rs. 8,843 per sqft.
  • Top-end properties reach up to Rs. 18,480 per sqft.
  • Popular projects include Sobha Morzaria Grandeur II, Hiranandani Queensgate, and Prestige Elysian.
• Rental:
  • Renting a 2 BHK flat ranges from ₹11,000 to ₹35,000 per month.
  • Renting a 3 BHK flat can cost from ₹30,000 to ₹82,000 per month.
  • 4 BHK and larger units have rents of ₹60,000 upwards and over Rs. 1 lac per month.

Price Trends and Investment Potential

• There’s seen a big jump in demand due to its close proximity to employment zones like Electronic City and Whitefield.
• Arekere has shown a 28.44% growth in yearly property rates, suggesting a good market for both buying and selling.

Pros and Cons

Pros:

• It's a friendly neighborhood with excellent road conditions.
• There’s plenty of schools, food outlets, shopping malls, and hospitals.
• Presence of parks and gardens makes it a safe and pleasant place to live.
• Soon to have the Hulimavu Metro Station improving connectivity.

Cons:

• Water shortage often surfaces.
• Garbage disposal could use better management.

PropertyWala's Conclusion

Arekere is a promising opportunity in Bangalore for property buyers and rent seekers. This area’s strong connectivity, solid infrastructure, and favorable price trends make it appealing for investment. Minor issues like water shortage and poor garbage management exist, but the overall environment remains excellent for long-term settlement and real estate investment. As it continues to develop, Arekere will likely stay a sought-after place to live and invest.