Overview of Koramangala 8th Block, Bangalore

Location and Connectivity

• Koramangala 8th Block lies in the southern part of Bangalore, Karnataka, using the postal codes 560095 and 560030 for different parts of this area.
• It offers great links to other vital parts of Bangalore through three main roads—20th Marg Road, Srinivagilu Main Road, and the Intermediate Ring Road.
• The place is near key IT firms and just five kilometers from the Trinity metro station on the Purple Line.

Infrastructure and Amenities

• Koramangala 8th Block is a nicely planned residential area with modern flats and standalone houses, meeting the varied requirements of buyers and investors.
• You'll find several top schools nearby, including Jyoti Nivas Pre-University College, Lawrence High School, Vemana Institute of Technology, and IBMR IBS-B School.
• For healthcare, there are Government Health Centre, Acura Specialty Hospital, Apollo Spectra Hospitals, and Apollo Medical Centre.
• Shopping is easy, with malls like Big Bazaar, The Forum Mall, Garuda Mall, and Gopalan Innovation Mall nearby.

Real Estate Market

• In real estate, the neighborhood shows strong growth, offering both upscale and moderate housing options.
• Property prices for 2 BHK apartments sit at Rs. 11,667 per square foot, appealing to homebuyers and investors alike.
• Monthly rental costs for various properties range from ₹16,000 to ₹48,000.

Types of Properties Available

For Rent:

• 1 BHK Houses/Flats: Monthly rental costs range from Rs. 7,500 to Rs. 24,125. Often, they offer features such as TV cabinets, beds, and kitchen cabinets.
• 2 BHK Houses/Flats: Rents fall between Rs. 20,500 to Rs. 29,500, and they include amenities like marble or vitrified floors and a 24-hour water supply.
• 3 BHK Houses/Flats: Monthly rents range from Rs. 30,500 to Rs. 48,500. Expect sizable rooms, good storage, and access to major landmarks.

For Sale:

• Residential Plots: Priced around Rs. 16,875 per square foot, with dimensions such as 40 x 20 sq.ft., plots come with amenities like boundary walls.
• Apartments: Projects like Sipani Classe 2, Spring Heights, Moksha Residency, and Kishan Enclave provide ample choices.

Lifestyle and Convenience

• This neighborhood balances work and leisure, thanks to close proximity to main job spots and short commutes.
• Residents enjoy nearby entertainment spots: restaurants, arts venues, and spiritual centers.

PropertyWala's Conclusion

When it comes to Koramangala 8th Block in Bangalore, it stands as a top choice for buyers and renters alike due to its strong infrastructure, connectivity, and amenities. Being close to IT hubs, schools, and stores, it's a well-rounded area. Offers span affordable to lavish, making it suited for all, whether working professionals or families. This community's property value growth and expanding demand make it a likely smart investment.