Overview of Nagarbhavi, Bangalore

Location and Connectivity

Nagarbhavi is a growing residential area on Bangalore's western periphery. Nestled between major zones like Mysore Road and Magadi Road, it offers great connectivity to the city. Significant connection points are:

• Yeshwanthpur Railway Station, just 6 kilometers away
• Roads like Mysore Road and Magadi Road ensure access
• Kempegowda International Airport, located 19 kilometers away
• BMTC bus services regularly link the area to different parts of the city

Infrastructure and Amenities

This spot has a quickly growing social environment, making it popular for both buyers and renters. Key features and amenities include:

• Proximity to leading tech parks
• Educational institutions including Bangalore University, KLE Institute, Dr. Ambedkar Institute of Technology, and National Law School
• Links to nearby areas such as Chandra Layout, Magadi Road, Sir MV Layout, and Vijaynagar.

Property Types and Prices

Residential Properties

Flats and Apartments:

• Price range per square foot: ₹5,033 - ₹18,823
• Average price per square foot: ₹8,222
• Recent prices are up by 12.26% year-over-year.
• Independent Houses and Villas:
  • Prices change but builder floor prices can range from ₹6,500 - ₹9,166 per square foot.
• Land:
  • Rates are ₹13,200 - ₹20,000 per square foot.

Rental Properties

Apartments:

• Rental prices vary, for example:
  • 1 BHK: ₹6 lakhs for 800 sq. ft.
  • 2 BHK: ₹12 lakhs for 900 sq. ft.
  • 3 BHK: ₹15 lakhs for 2000 sq. ft. of built-up area
• Independent Houses:
  • Rentals range from ₹15 lakhs to ₹17.5 lakhs for built-up areas from 900 sq. ft. to 2000 sq. ft.

Market Trends

The property landscape in Nagarbhavi is thriving:

• In the past year, flat rates have risen by 19.1%, 38.4% over three years, and 52.2% over five years.
• Land prices have gone up by 31.1% in the last year, 53.6% in the last three years, and 100.5% in five years.

Investment Potential

Nagarbhavi is a great investment choice because of:

• Close proximity to education and technology centers
• Quickly enhancing community infrastructure
• Considerable price increases showing strong growth for the years ahead.

PropertyWala’s Summary

Nagarbhavi, Bangalore, is a top pick for purchasing and renting due to its strategic location, improving facilities, and strong market trends. With costs ranging from affordable to mid-range, it offers a good option compared to costlier zones like Mysore Road. Its rising prices and ongoing development make it a smart choice for both now or long-term investment.