Overview of Lingarajapuram, Bangalore

Location and Connectivity

• Lingarajapuram is positioned in Bangalore East, ensuring solid connectivity.
• It's near important transportation spots including Banaswadi railway station, Bengaluru East railway station, Venkateshapura metro station, and Tannery road metro station.

Property Prices and Trends

• Property costs start at around Rs. 5,600 per sqft and average around Rs. 8,118 per sqft.
• Prices range from Rs. 4,242 to Rs. 21,428 per sqft.
• Annual growth rates are moving between 5.91% to 10.9%, showing an upward market trend.

Types of Properties Available

• You can find different property types in the locality like residential apartments, villas, plots, and builder floors.
• These include:
  • Apartments: Prices range from 44 Lac to 1.8 Cr, with per sqft prices varying by type, e.g., 2 BHK: Rs. 6,905/sqft, 3 BHK: Rs. 4,888/sqft, 4 BHK: Rs. 9,286/sqft.
  • Independent Houses: Starting around Rs. 1.85 Cr.
  • Builder Floors and Penthouses: Also on offer, though not as common.

Infrastructure and Amenities

• Top hospitals nearby include Dr. Zamindar's Micro Surgical Eye Centre, K C Raju Multi Speciality, and Dianova Diabetes Center.
• Education hubs like Rakum school for the blind, Kingston school, and VBR PU College are in the area.
• Shopping and fun places like Nidhin Stores, Chai, Infantry Road Furniture Market, and Mukunda Theatre are also there.

Rental Insights

• Affordable rentals are below Rs. 27,000/month, mid-range are Rs. 27,000-35,000/month, and premium are above Rs. 35,000/month.
• The average rental cost comes in between Rs. 17,100-23,500 per month.

Lifestyle and Environment

• People find cabs and autos easily, public transport is good, and safety is great at night.
• Yet, Lingarajapuram has high pollution, poorly kept parks, and unsanitary spots.

Investment Insights

• As a mid-segment zone, it mainly has 2 BHK resale units.
• Projects like Peripheral Ring Road and Bengaluru Suburban Rail Corridor-2 promise enhanced connectivity and higher property values.

PropertyWala's Conclusion

Lingarajapuram, Bangalore, balances affordability, connectivity, and amenities well, so it's great for buyers and renters. You'll find decent public transport, security, and market reach. Yet, pollution, park conditions, and some unhygienic zones are issues. Climbing property prices and coming projects hint at long-term investment benefits. But, people should carefully consider these aspects before buying.