Overview of Kannuru, Bangalore

Kannuru, located in the heart of Bangalore, is a promising place for property buyers and renters.

Location and Accessibility

• Kannuru sits close to several key areas, such as Chikkagubbi, Nadagowdagollahalli, Bellahalli, Thirumenahalli, and Chokkanahalli.
• It is simple to reach by road and rail. It's right next to SH104, linking it to Bengaluru, Nandi Hills, and Devanahalli. Plus, it's an alternate way to get to Bangalore International Airport.

Property Prices

Residential Properties

• Properties here begin at Rs. 4,550 per sqft, but the usual price is Rs. 9,116 per sqft.
• Apartments? They cost between Rs. 8,100 and Rs. 11,100 per sqft.

Land Rates

• Land in Kannuru can cost from Rs. 3,300 to Rs. 10,500 per sqft.

Property Types

• You’ll find apartments, standalone houses, and villas here.

Price Trends

Year-over-Year (YoY) Growth

• Property rates here have dropped by 2.82% over the last year.
• Yet, places like Kanakasree Housing Society have really jumped up by 79.05% in this time.

Quarterly Price Movements

• Apartment rates have gone up and down. They climbed 15% in Oct-Dec 2024 but fell 7% in July-Sept 2024.

Investment and Rental Prospects

Investment

• Even with some drops recently, there's still good long-term growth, especially at places like Kanakasree Housing Society. So buying could pay off.

Rental

• Rentals stay affordable: think around ₹32,000 for a 2 BHK apartment per month.

Amenities and Infrastructure

• Kannuru is close to main roads and Bengaluru International Airport, making it great for residents.
• Linkage to different parts of the city makes it lively and attractive.

PropertyWala's Conclusion

Bangalore’s Kannuru combines affordability, easy access, and future promise. Though current and specific trends show price changes, looking forward long-term, things are promising, specifically in residential societies. Consider present market states and trends in the area you’re eyeing to choose wisely. With its great spot and mix of property styles, Kannuru stands out for property investment and living.