Overview of Ramaiah Reddy Colony, Bangalore

Location and Accessibility

• The Ramaiah Reddy Colony is in Basavanagar, Bangalore.
• It's near famous places and buildings, like the Phoenix Marketcity which is about 6.0 km away.

Property Prices

• Property costs start at about Rs. 5,333 per square foot, on average Rs. 6,101 per square foot. The top prices can go up to Rs. 8,000 per square foot.

Property Options Available

• There is a mix of residential areas and apartment projects.
  • Plots change in price based on size and location. For example, plots in C V Raman Nagar go from 64 Lac to 1.47 Cr, depending on their size around 1000 to 1200 square feet.
  • Apartments and condos are available, like the units in Ramaiah Reddy Colony Sector A starting from ₹125 Lac.

Facilities and Infrastructure

• There are amenities like schools, colleges, and shopping malls nearby.
• Nearby metro stations, Nice Road, and main roads make the area very accessible and convenient.

Development and Growth

• Property prices in Ramaiah Reddy Colony have changed by 42.92% in the last year. This shows a dynamic and potentially profitable real estate market.

Land Use and Building

• Residents can build on plots, usually with 3 to 6 floors depending on the plot size and location.

Pros and Cons

Pros

• Prime Position: Right next to big landmarks, roads, and services.
• Excellent Connectivity: Easy access to metro stations, major roads, and stores.
• Potential Appreciation: A lively market with big changes in prices.
• Variety of Options: Options in residential plots and apartments.

Cons

• Price Changes: Big yearly cost changes can be hard to plan for.
• Limited Info Available: Not many details about the area, so buyers need to do more research.

PropertyWala's View

Ramaiah Reddy Colony in Bangalore is a good real estate chance for those seeking well-connected and growing properties. It offers many choices from plots to apartments for different preferences. To succeed, keep up with market trends and do detailed research due to price changes. Overall, it's a good option for investors and people looking for convenience, amenities, and growth.