Overview of Chikkakannalli, Bangalore

Location and Connectivity

• Chikkakannalli is positioned in southern Bangalore, known for its fast development and closeness to key IT hubs.
• This spot is near main IT routes like Sarjapur Road, Bellandur, and Electronic City, attracting professionals from these regions.

Property Prices and Trends

• Starting prices for Chikkakannalli properties hit roughly Rs. 6,912 per sqft, with an average around Rs. 8,809 per sqft. The most pricey properties reach up to Rs. 11,022 per sqft.
• Rates have dipped by 1.49% over the past year, indicating a stable market.

Types of Properties

• Chikkakannalli features a mix of property types:
  • Apartments: 2 BHK, 3 BHK, and more, priced from ₹1.19 Cr to ₹1.43 Cr.
  • Independent Houses and Villas: Spacious villas and houses, often gated communities, complete with modern amenities.
  • Plots: Space ranging from 1200 sqft to 3543 sqft available for creating homes.

Amenities and Infrastructure

• Educational Institutes: Schools nearby include Prakriya Green Wisdom School, Primus Public School, and Bhoomi College.
• Healthcare: Hospitals and clinics are within reach, ensuring medical access.
• Transportation: While public transport specifics are not detailed, the area's closeness to major IT hubs implies good connectivity.
• Community Amenities: Typical properties include amphitheaters, auditoriums, badminton courts, basketball courts, gym, kids’ play area, swimming pools, and more.

Investment and Rental Potential

• Chikkakannalli is considered a strong investment due to its IT zone proximity and varied amenities.
• Monthly rental incomes sit between ₹30k and ₹45k for some properties.

PropertyWala's Conclusion

Chikkakannalli, Bangalore, provides a great real estate prospect for buyers and renters alike. Its strategic spot, diverse property offerings, and many amenities make it appealing. Even though prices fell by 1.49% last year, it still remains a profitable and solid market. Its easy access to major IT hubs and schools makes Chikkakannalli perfect for professionals and families.