Rajaji Nagar, Mysore

Property Types
Residential Lands
Nearby Localities
Bogadi, RT Nagar, Kuvempu Nagar

About

When examining to buy or rent a property in Rajaji Nagar, Bangalore (and be aware there is little mention of a 'Rajaji Nagar' in Mysore), here are the essential points to keep in mind:

Connectivity and Infrastructure

The area known as Rajaji Nagar in the northwest part of Bangalore is well-connected, making it ideal for both residential and commercial use. Its infrastructure includes excellent road networks, efficient buses, taxis, and a metro system. The Rajajinagar metro station, part of the Bangalore Metro’s Green Line, boosts its appeal for people who commute. This connectivity ensures easy access to important city areas, including major business hubs and educational institutions.

Real Estate Prices

Real estate prices differ in Rajaji Nagar. In Rajaji Nagar Industrial Town, properties start at Rs. 799 per sqft, averaging Rs. 10,652 per sqft. For the entire Rajajinagar region, starting prices are Rs. 1,786 per sqft, with an average of Rs. 20,483 per sqft. The most expensive properties can reach up to Rs. 28,037 per sqft.

Amenities and Facilities

Rajaji Nagar offers many amenities. There are several popular shopping centers like Orion Mall, Mantri Square Mall, and GT World Mall. The area has notable educational institutions such as the National Public School, MES College, and the Indian Institute of Science Education and Research. It also features many hospitals, banks, restaurants, and recreational parks, making it a perfect resident-friendly area.

Rental Market

If renting is your choice, Rajaji Nagar provides various options. Rental prices vary, with a 3 BHK flat usually rented for ₹32,000 to Rs. 1.6 Lac per month, depending on location and amenities. Options include 2 BHK and 4 BHK flats and houses. Some properties are available without brokerage fees.

Land and Plots

For investors, Rajaji Nagar has residential land/plots for an average price of ₹3.26 Cr and a median price of ₹2.80 Cr. These prices have increased by 1.73% quarterly, suggesting a rising market.

PropertyWala's Verdict

Overall, Rajaji Nagar in Bangalore is highly recommended for both buyers and renters because of its strong connectivity, solid infrastructure, and plenty of amenities. It does face some challenges such as poor roads and traffic jams, but its benefits make it a sought-after place to live. Plus, appreciating property prices and varied property availability make it an excellent choice for real estate investment.

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Price Trends

Locality ID
A791123407
PinCode
570022