Overview of Karuna Nagar, Bangalore

Location and Amenities

Karuna Nagar, situated in the Electronic City area of Bangalore, combines residential and commercial amenities. The area is well-connected with transport options, easing commute for residents. It also has a playground, a temple, and a lake, offering a balanced lifestyle.

Property Types and Prices

• Residential Plots: Available plots in Karuna Nagar and Electronic City Phase 1 range in price from ₹4,000 to ₹5,700 per square foot. For example, a 1,200 sqft plot can cost roughly ₹48 lakhs to ₹68.40 lakhs.
• Apartments: The area features luxury apartments in 2, 3, and 4 BHK configurations. Prices span ₹55 lakhs to ₹1.75 crores, with prices per square foot varying between ₹8,750 to ₹10,784.

Amenities in Residential Projects

• Residential projects in Karuna Nagar include many amenities. Some residences offer over 75 amenities, including spacious luxury apartments.

Rental Options

• Flat rent prices in Karuna Nagar are usually affordable, varying by builder, locality, and BHK configuration. This makes it suitable for renters of various income levels.

Market Trends

• The property market in Electronic City Phase 1, including Karuna Nagar, has demonstrated positive growth. For example, the per square foot price in this area went up by 11% from Jan-Mar 2024 versus the prior quarter, and by 12% in 2023 compared to 2022[1’.

PropertyWala's Conclusion

Karuna Nagar in Electronic City, Bangalore, is a good choice for both buyers and renters. With a mix of amenities, good connectivity, and a variety of property options, it attracts many. The positive market trends and diverse housing configurations make it an appealing choice for those considering the investment or residence in a dynamic part of Bangalore.