Overview of Vemagal, Kolar

Location and Accessibility

• Vemagal sits in the Kolar district, close to Bangalore, placing it as a smart option for those needing access to both industrial and urban centers.
• Just 1.5 km from the Vemagal Industrial Area, it employs over 50,000 people, signaling good job prospects and future growth.

Prices and Property Trends

• On average, the cost for properties in Vemagal hovers around ₹1.8 K per sq.ft. with plots starting as low as ₹21.6 lakhs for a 1200 sq.ft. plot.
• Throughout the larger Kolar expanse, you’ll find properties priced from ₹1,599 to ₹13,500 per sq.ft. The average hits ₹8,491 per sq.ft..

Available Property Types

• Residential Plots: You can find plots in unique layouts like Ashirvad Residential, complete with corner plots and premium park-facing options, all double-road accessible.
• Commercial Plots: Offering amenities like power backup, security, and water storage, plots are available in Nandagokula township at prices around ₹20 lakhs for a 1200 sq.ft. area.

Amenities and Infrastructure

• Vemagal homes come with perks like park-facing gardens, main road access, reliable power backup, top-notch security, and hassle-free water storage.
• Its nearness to the industrial zone offers strong connectivity and ease of access to fundamental facilities.

Rental Market

• The average monthly rent for apartments in Vemagal is roughly ₹8,000. Of course, prices can change. For instance, a 2 BHK unit might cost about ₹11,999 to ₹12,001 per month.

Investment Opportunity

• Located near a bustling industrial region, Vemagal offers great investment potential due to its rising demand for both residential and commercial spaces.
• Employment chances in the nearby industrial hub back up this area’s growth, presenting a win-win for end-users and investors.

PropertyWala's Summary

Vemagal in Kolar stands out with a blend of residential and commercial properties, making it appealing for both buyers and renters. This locality’s robust industrial foundation, alongside its amenities and reasonable prices, creates a promising investment spot. Those looking to purchase benefit from its growth potential and well-furnished plots. Renters enjoy a balanced living experience with access to important services and a fair rental market. Ultimately, Vemagal is a locale worth serious thought for anyone hoping to invest or live in the Kolar-Bangalore corridor.