It might seem confusing, as the information refers to Jayanagar in Bangalore, not Chennai. Here’s a description from a real estate view:

Location and Overview

Jayanagar is a significant residential area in south Bangalore, famous for its planned and self-sustaining neighborhood. It resides near other vibrant suburbs like JP Nagar, BTM Layout, Banashankari, and Basavanagudi.

Residential Market

• Jayanagar has grown into a residential hub, blending individual homes with apartment buildings. Still, it’s evident that apartment living is surging, mainly among young IT experts in nearby zones.
• Apartment price hikes are apparent, with sale rates ranging from Rs. 7,000 to Rs. 9,300 per square foot and rental rates from Rs. 16 to Rs. 40 per square foot, as per the data from 2013.

Commercial Market

• Beyond homes, Jayanagar includes commercial zones mostly in IIIrd and IVth blocks. These spots are home to several shopping centers like Jayanagar Shopping Complex and Garuda Swagath Mall.
• In terms of offices, rental space rates stretch from Rs 43 to Rs 47 per square foot, according to information as of 2014. This demand is partially attributable to the limited office space in neighboring Central Business District (CBD) areas.

Social Infrastructure

• Jayanagar has excellent community services with many prestigious schools (RV Dental College, Oxford College, Institute of Business Management and Research), hospitals (Jayanagar Orthopedic Hospital, Sanjay Gandhi Hospital, Nethradhama Eye Hospital), and other essentials.

Connectivity and Transit Points

• This area has strong connections with the rest of the city through BMTC buses and auto-rickshaws. Important bus stops comprise the IV block Jayanagar bus stop, Vijaya High School bus stop, Nanda Theatre bus stop, and Ashoka Pillar bus stop.
• Bangalore City Junction stands about 7 km away, and the Shanti Nagar Bus Depot is 4 km distant, supporting both within-city and external travels.

Major Landmarks and Amenities

• Jayanagar BDA Complex serves as a major commercial hub, featuring various stalls, banks, restaurants, vegetable and fish markets, plus a theater.
• The area also hosts several shopping malls and grocery stores such as Food Bazaar and Namdhari’s Fresh.

Rental Properties

• Rental options there range widely, featuring flats, houses, builder floors, office spaces, and commercial properties. They span semi-furnished to fully furnished ones accessible at different prices.

PropertyWala’s Summary

Jayanagar in Bangalore stands out as a fantastic choice for both buyers and tenants because of its well-organized infrastructure, top-notch connectivity, and excellent community amenities. Whether you want a residential or commercial property, Jayanagar combines comfort, convenience, and investment potential. Ongoing renovation projects, including the BDA complex, continue to make this area even more appealing and signal future growth. Thus, Jayanagar stays a highly sought-after and stable real estate zone in Bangalore.