Overview of Old Airport Road, Bangalore

Location and Connectivity

• Located in Bangalore, Old Airport Road lies in a premium and lively area. It's surrounded by important neighborhoods such as Indiranagar, Domlur, Koramangala, and Marathahalli.
• Because it’s situated where it is, you can easily get around to key business parks like Baghmane and Domlur tech parks, alongside other important areas.

Property Prices and Trends

• Property prices here start at around Rs. 5,000 per sq ft, ranging up to Rs. 22,222 per sq ft. On average, it's Rs. 10,623 per sq ft.
• Property values have dropped by 4.66% over the past year, showing a stable market at the moment.
• Sometimes, prices go up shortly when new projects launch. Long-term, this area offers good investment due to ongoing developments and consistent demand.

Types of Properties Available

• You can find a mix of properties such as 2 BHK and 4 BHK apartments, houses, and villas.
• For 2 BHK apartments, prices are spread between Rs. 39 lakhs and Rs. 1.6 crore. The same applies to 4 BHK apartments, ranging from Rs. 42 lakhs to Rs. 20 crore.
• Apartments dominate with around 61%, followed by residential houses at 12% and villas at 10%.

Rental Market

• You’ll find both 2 BHK and 3 BHK rental apartments. Monthly rent for 2 BHK ranges from Rs. 7,000 to ₹50,000. For 3 BHKs, it's Rs. 7,500 to ₹90,000.
• There’s a total of about 392 properties to rent, with lots of these being 2 and 3 BHK apartments. Prices vary based on location, design, and amenities.

Amenities and Facilities

• The neighborhood has excellent amenities including malls like Inorbit, Phoenix, and Park Square.
• It’s close to several landmarks such as Konena Agrahara, Murugeshpalya, KR Garden, Shiva Temple, and Manipal Hospital.
• The area is well known for its peaceful and safe atmosphere, especially with places like aviation departments and the Hindustan Aeronautics Limited (HAL).

Challenges and Considerations

• Traffic congestion is a big issue here during the day.
• Finding parking can be hard unless you opt for a gated community.

PropertyWala's Conclusion

Old Airport Road, Bangalore, ranks high for buyers and renters due to its premium quality, excellent connectivity, and diverse amenities. The property market on this road is still stable with occasional minor rises. Long-term, this place is a good bet. However, bear in mind the traffic hassles and parking issues. It’s still a great option for those wanting a mix of urban living, modern infrastructure, and a safe, peaceful environment.