Overview of Tumkur Road Area, Bangalore

The Tumkur Road area in Bangalore attracts a lot of interest from both buyers and renters, for a few key reasons:

Location and Connectivity: Tumkur Road serves as a major route connecting Bangalore to Tumkur, making it unbeatable. It's perfect for people who want easy access to both the city and nearby industrial zones. The proximity to business parks like Peenya and Nelamangala is another huge draw, particularly for working people.

Property Prices and Trends: Tumkur Road’s property values vary considerably. Average costs are around ₹10,628 to ₹18,350 per square foot, depending on source and property type.

• For flats, expect prices from ₹2,573 to ₹18,333 per sqft.
• Builder floors come between ₹7,550 and ₹16,950 per sqft.
• Land prices range from ₹2,300 to ₹11,000 per sqft.

Appreciation and Growth: The area is booming. Flat prices have surged by 76.4% over the past year, 107.1% over three years, and a wild 163.6% in the past decade.

Types of Properties: Tumkur Road comes with different estate styles like apartments, villas, and land. There’s a fair share of residential ventures like Prestige Jindal City Phase 2 and Salarpuria Sattva Opus. They offer everything from 1 BHK to 3 BHK apartments.

Rental Market: If you're looking to rent, options are plentiful. Apartments rent out for ₹20,000 to ₹55,000 per month. The cost averages ₹37-₹45 per square foot.

Amenities and Lifestyle: It's packed with high-quality amenities. Projects like Sattva Green Groves have fully equipped plots and luxury living, including safety features and custom homes.

PropertyWala’s Perspective

Evaluating buying or renting property on Tumkur Road? It’s vital to focus on its top-notch location, impressive property appreciation, and diverse housing styles. While costs might seem steep, this area is prime due to close ties with industrial zones and increasing demand. This makes it a smart move for both tenants and investors in Bangalore’s real estate scene. For renters, the mix of budget to luxury properties suits various needs. All in all, Tumkur Road stands out for those seeking opportunities in Bangalore’s growing market.