Shivaji Nagar, Bangalore Overview

Location and Ease of Access

Shivaji Nagar lies centrally in Bangalore, guaranteeing easy access for residents. Situated near major routes like Commercial Street, Infantry Road, and Queens Road, this area stands out for both buyers and renters.

Property Kinds and Costs

• Residential Estates:

  • Apartments: Offer a variety of options with 1, 2, and 3 BHK. Prices fluctuate from ₹1.1 Cr to ₹5 Cr.
  • Builder Floors: Start from ₹38 Lac to ₹1.72 Cr.
  • Villas: Cost ranges from ₹90 Lac to ₹2.4 Cr.
  • Standalone Houses: Go around ₹3.6 Cr.
  • Land: Ranges from ₹8.11 Cr.

• Office Spaces:

  • Commercial spaces go from ₹45 Lac to ₹1.85 Cr, with averages per sqft between ₹8,000 and ₹14,902.

Typical Property Prices

• The average property cost per sqft in Shivaji Nagar hovers at around ₹10,036, giving a per sqft range of ₹2,500 to ₹19,130.

Well-known Societies and Buildings

• Residential Groups:

  • Gem Plaza
  • DF Silverline Queens Terraces
  • Excelsior Plaza
  • Raheja Gardenia
  • Spectra Raywoods
  • Tasker Park.

• Rental Estates:

  • DRA Queens Corner
  • Infantry Techno Park
  • Prestige Saleh Ahmed
  • Queens Manor Apartment
  • Mantri Altius
  • Pearl House Shivaji Nagar.

Rental Offers

• Residential Rentals:

  • Available for rent: 1, 2, and 3 BHK flats and standalone homes, priced from ₹20,000 to ₹75,000 every month.

• Commercial Rentals:

  • Office spaces vary with built-up areas from 230 sqft to 15,000 sqft, and rents from ₹35,000 to ₹8.5 Lac monthly.

Trends in the Market

• Cost Changes:

  • Property prices in Shivaji Nagar are down sharply, with a 52.55% drop in the last year. However, buying or renting can still be profitable.

• Supply and Want:

  • The area provides both affordable and luxury homes, meeting diverse buyer needs due to the availability of different property types.

Amenities and Lifestyle

• Facilities:

  • Great infrastructure and good links to city parts.
  • Close to shops, eateries, and other facilities.

• Safety and Living Conditions:

  • Safe neighborhood with respected builders and societies.

PropertyWala's View

Shivaji Nagar, Bangalore, presents a dynamic real estate landscape with varied estate choices for different budgets and needs. Its central placement, good connectivity, and well-built infrastructure make it appealing for buyers and renters. Even with dips in property rates, it's still a good investment due to its steady market demand and the promise of long-term value growth. Whether it's a upscale home or business place, Shivaji Nagar has something to attract everyone looking for real estate options.