Location and Accessibility

Basavanna Nagar, situated in the Whitefield area of Bangalore, stands as a prime and highly sought-after neighborhood. Its close proximity to major industrial and technological hubs such as HAL (Hindustan Aeronautics Limited) and BEML (Bharat Earth Movers Limited) makes it significant.

• Proximity to ITPL (International Tech Park Bangalore) and other IT hubs in Whitefield.
• Well-connected to major schools, colleges, shops, medical shops, and hospitals.

Property Types and Prices

The neighborhood offers various property types to meet different needs:

• Apartments: Available at an average price of ₹ 10,650 per square foot. Properties span from 3 BHK to larger configurations.
  • Example: A 3 BHK flat in Basavanna Nagar can cost around ₹1.5 Cr for 1,645 sqft, with a price per sqft of ₹9,118.
• Independent Houses: High-end options are available, including a furnished, ready-to-move house priced at INR 10.20 Cr.
• Rental Options: Flats for rent are also available, including 3 BHK apartments in various projects along ITPL Main Rd.

Amenities and Infrastructure

• Educational Institutions: Close proximity to schools and colleges, making it an ideal area for families.
• Healthcare: Easy access to hospitals and medical facilities.
• Shopping and Retail: Presence of shops and retail outlets within the area.
• Transportation: Great connectivity due to its location near major industrial and IT hubs.

Market Trends

• The real estate market in Basavanna Nagar shows stable to increasing prices due to high demand driven by its prime location and amenities.
• Year-over-year changes in average property prices indicate a growing market.

PropertyWala's Conclusion

We can see that Basavanna Nagar in Bangalore offers a compelling blend of prime location, good connectivity, and a range of property options, making it an attractive choice for both buyers and renters. Its proximity to major IT hubs, educational institutions, and healthcare facilities adds significant value. However, the prices here are on the higher side due to the area's desirability and limited availability. For those who are willing to invest in a prime area with good potential for appreciation, Basavanna Nagar is a worthy consideration.