A Look at Kannamangala, Bangalore

Location and Transport Links

Kannamangala, a Bangalore suburb in Karnataka, links well by road to places like Ardendale, Khajisonnanahalli, Shigehalli, and Shiva Nagar. It also connects to nearby cities such as Malur, Kolar, and Vijayapura. Positioned so close to the IT sector hub of Whitefield, it's a great place for IT workers.

Facilities and Services

• Schools: Find numerous schools like Maple School, Jain Heritage School, Chrysalis High Marq, and many others nearby.
• Healthcare: Hospitals and clinics are there, including Miracle Women & Children's Hospital, Aaxis Hospitals, Geetha Hospital, and various local clinics.
• Fitness Centers: Many fitness centers such as Swerve Fitness, Kml Gym, and Phoenix Fitness are right in the area.
• Shopping and Dining: You will find markets, grocery stores, banks, and many eateries—it’s great for all daily needs.
• Temples and Points of Interest: Temples like Sri Shani Dev Temple and Someshwara Temple, along with the Kannamangala Lake and Whitestone Winding, are worth a visit.

Costs for Buying and Renting

Purchase

• Properties on Kannamangala - Whitefield Hoskote Road start at roughly Rs. 2,295 per sqft.
• The average price reaches around Rs. 10,901 per sqft, with a price range of Rs. 4,731 to Rs. 19,166 per sqft.
• Specific projects like Assetz Marq and Adarsh Serenity have price ranges from Rs. 9,405 to Rs. 7,317 per sqft.

Rent

• Average monthly rent lies between Rs. 6,000 to ₹30,000, coming to an average of Rs. 17,043.
• For example, rent for a 2 BHK flat ranges around Rs. 17,500 to ₹33,000 per month, while a 3 BHK flat ranges from Rs. 43,500 to ₹53,000 per month.

Available Types of Properties

• Apartments: Multi-storey apartments including 2 BHK, 3 BHK, and 4 BHK are widely available. About 67% are 3 BHK units.
• Independent Homes and Villas: Also available but less common than apartments.
• Farm Land: Some land for farming can also be bought here.

Demand and Supply Trends

• Demand: There's high demand for 3 BHK and 4 BHK apartments, making up 62% and 31% respectively.
• Supply: The supply closely matches the demand, with about 41% and 41% of 3 BHK and 4 BHK apartments available respectively.

Growth Over Time

• Property prices in Kannamangala saw a notable 22.69% rise last year and a 15.76% uptick because of better social infrastructure and proximity to Whitefield’s IT hub.

PropertyWala’s Opinion

Kannamangala, Bangalore, serves as a solid choice for buyers and renters due to its strategic position, rising social infrastructure, and excellent connections. It offers a variety of properties from affordable to upscale, fitting different budgets and tastes. With substantial year-over-year growth and a strong demand for 2 BHK and 3 BHK apartments, Kannamangala is a likely profit zone. Plus, essential amenities such as schools, medical facilities, and gyms bump up the quality of life, making it a good spot for settling in.