Location and Connectivity

Central Street in Bangalore, situated within the Central Business District (CBD), provides unmatched connectivity and closeness to crucial urban amenities. You'll find this area near landmarks like Cubbon Park, MG Road, and multiple commercial spots. It connects easily to major metro stations and key roads, which greatly shortens travel times.

Property Types and Pricing

This place has upscale residential apartments, highlighted by projects such as Prestige Central Street, a single-tower construction currently underway. These apartments range from 2 to 3 BHKs, with floor plans spanning from 1650 sq. ft to 2900 sq. ft. Pricing ranges from around ₹1.80 crores, showing off the high-end nature of these places.

Amenities and Facilities

Apart from housing, people here enjoy many modern features, such as:

• A top-notch gym
• Multi-purpose hall
• Beautifully landscaped garden
• High-speed elevators
• Convenient parking
• Round-the-clock security with CCTV monitoring
• Cafe
• Pool
• Squash and badminton courts
• Indoor game options
• Sewage treatment and rainwater harvesting systems.

Market Trends and Demand

The real estate sector in Central Bangalore, home to Central Street, is thriving, fueled by the booming IT sector, dynamic startup culture, and significant infrastructure improvements. Real estate averages around ₹13,722 per sqft, varying from ₹1,600 to ₹80,000 per sqft based on location. Expert forecasts suggest a 5-12% rise in residential property prices in 2024.

Neighborhood and Community

This area holds top schools, healthcare services, and fancy shopping centers. Near excellent business zones, high-end dining, and prime entertainment spots, this location is perfect for city professionals and high-ups.

Rental Yields and Investment Potential

Real estate investment in Central Bangalore shines with average rental yields from 5-7%. Demand for housing and rentals is high, driven by the city’s active IT and startup sectors, making this location highly appealing.

PropertyWala's Final Thoughts

Central Street offers luxury, connectivity, and great investment chances. For buying or renting, the premium facilities, top location, and solid market trends make it a great pick. Before investing, though, it’s crucial to research and match personal needs with the dynamic real estate scene in this part of town.