Overview of Byrasandra, Bangalore

Location and Connectivity

Byrasandra, nestled in C V Raman Nagar, Bangalore, is a prime residential area. It's close to major IT and business parks, as well as Hindustan Aeronautics Limited and BEML (Bharat Earth Movers Ltd.). Plus, it's near CV Raman Nagar and Benniganahalli, ensuring great road connectivity.

Infrastructure and Amenities

• Residential Colonies: Byrasandra has well-built residential colonies like Mainad Towers, Chowdeshwari Lake View Homes, and Sree Casa Fortuna.
• Shopping and Leisure: The area houses some of the best malls in Bangalore: Gopalan Signature Mall, Annamalai Building, Gopalan Grand Mall, DRDO Phase 2 Shopping Complex, Kemp Fort Mall, Brookefield Mall, and Phoenix Market City, all within a 3 km radius.
• Healthcare: There's a mix of medical treatment centers with various specialties in and around Byrasandra.
• Environment: The locality offers a healthy environment with lakes, gardens, and parks. Sadly, Byrasandra Lake has been the target of frequent encroachment attempts.

Property Types and Pricing

For Sale

• Apartments: 2 and 3 BHK apartments are now up for sale. A 3 BHK apartment can cost anywhere between ₹52 lakhs to ₹85 lakhs.
• Independent Houses: Prices vary, starting from ₹60 lakhs and up, with an average of around ₹9,375 per square foot in areas like Kaval Byrasandra.

Average Price per Square Foot

• The average cost for a square foot in Byrasandra is about ₹5,144, within a range from ₹4,882 to ₹5,633 per square foot.

Rental Properties

• Apartments: 2 and 3 BHK apartments are available for rent, with 2 BHKs ranging from ₹15,000 to ₹29,000 per month and 3 BHKs from ₹18,000 to ₹25,000 per month.
• Independent Houses and Builder Floors: You can find semi-furnished and fully furnished options, with rents varying by area and amenities. For example, a 3 BHK builder floor might rent for around ₹2.5 lakhs a month, plus maintenance charges.

Investment and Growth Potential

• Short-term Potential: Properties in Byrasandra—especially 3 BHK apartments—have good short-term potential due to their close proximity to industrial and IT tech parks, leading to constant housing demand.
• Long-term Potential: Properties here, like 2 BHK or 3 BHK, are seen as excellent long-term investments because of robust infrastructure and this region's strong demand.
• Growth Indicators: Byrasandra shows a lot of growth, driven by persistent demand for quality housing near its industrial and commercial hubs.

PropertyWala's Conclusion

Byrasandra, Bangalore, stands out for buyers and renters thanks to its strategic location, solid infrastructure, and various amenities. Being so close to IT parks and having good road connectivity, plus the availability of quality residential options, it is an attractive choice. Whether it’s for a short-term investment or a long-term home, Byrasandra offers a balanced mix of comfort, convenience, and growth potential. We should still think about issues like the ongoing encroachments on Byrasandra Lake when deciding.