ambedkar nagar Bangalore is one of the rapidly growing suburbs near the whitefield area of eastern bangalore. ambedkar nagar is strategically located close to whitefield road, which is the principal road serving the locality. the prime residential locality is marked by independent villa-style dwellings, catering to a predominantly niche clientele. there are several prime localities like maruthi sevanagar, Vivekananda Nagar, and benniganahalli in the neighborhood.
the locality remained a quaint settlement for a more significant part of its existence. from the 1990s, the localitys transformed dramatically with the arrival of the it industry. the export promotion industrial park (epip) in the nearby whitefield is indias first information technology park. today the locality is administered by the bbmp, triggering rapid development to change the locality beyond recognition.
the popular real estate location fetches property prices upwards of rs.5 crores for 6 bhk villas and rents in the range of rs.12k to rs.15k easily. ambedkar nagars neighborhood is a mix of completed and under-construction projects. the neighborhoods notable residential projects are prestige lakeside habitat, prestige shantiniketan, brigade cosmopolis, and divya sree republic.
seamless connectivity through the whitefield main road, sh 35, old airport road, and the whitefield railway station is the primary factor for ambedkar nagars growth. sound social infrastructure and a green cover in the vicinity draw real-estate buyers. easy access to the it corridor along the outer ring road hosting international tech park, epip zone, gr tech park, and sigma tech park is the catalyst to spur growth.
ambedkar nagar is a prime residential locality in a rapidly developing suburb near whitefield in eastern bangalore.
upscale villa-style residential houses mark the locality amid the greenery.
ambedkar nagar is seamlessly connected to various city corners and the it and commercial hotspots along the orr corridor.
the localitys development has picked up pace after coming under the administration of the bbmp.
it has become commercially important due to its seamless connectivity.
ambedkar nagar, also its neighborhood, is plagued by water shortages, especially during the summer months.
rapid depletion of groundwater due to increased demand for residence and office space has caused severe water scarcity.
Watch out for?:
the metro purple line from baiyappanahalli is slated for expansion to whitefield, adding 13 stations on the way.
implementation of the rs.1000 cr cauvery water supply scheme will ease the water scarcity in the area.
property rising factor:
availability of plots and residential houses for sale and rent.
excellent connectivity to different significant destinations in the city.
metro connectivity at multiple points upon expansion of the system.
matching social and civic amenities to cater to the niche clientele.
ambedkar nagar locality residents live in an eco-friendly environment in modern living conditions. the areas social and retail infrastructure is harmonious with its upscale nature. good schools and a wide range of medical specialties are available in the nearby hospitals. retail and fashion shopping options are available aplenty within easy reach.
shopping complex & markets:
the forum neighborhood mall.
phoenix market city.
park square mall.
forum shantiniketan mall.
ascendas park square mall.
health care centers:
columbia asia hospital.
narayana multispeciality hospital.
sathya sai super speciality hospital.
connectivity & public transport:
the two major roads serving ambedkar nagar are the whitefield road via mahadevapura and the varthur road, also called the old airport road via marathahalli. these roads intersect with sh 35, running in the north-south direction. the closest railhead is at the whitefield station on the route to kr puram from chennai. the station is due for an upgrade to a junction shortly, laying a line to kolar. shared auto-rickshaws are abundantly available for local navigation. frequent bmtc bus service is the mainstay of commuting in the locality.
schools, bank & fitness centers:
vibgyor high school.
maple bear canadian school.
whitefield global school.
state bank of india.
bank of india.
punjab national bank.
snap fitness center.
whitefield total fitness.
popular landmarks near locality:
whitefield methodist church.
vaidehi clock tower.
lake view farm.
micro market analysis:
capital and rental trends:
the starting property price in ambedkar nagar is rs. 11000 per sq ft.
there has been a marginal increase of 1.4% in the last oct-dec quarter price in 2020.
the rise in property price can be attributed to the positive sentiment of the ambedkar nagar residents..
a 6 bhk residential house sale price is in the range of rs.5 cr and above.
the rental price for a similar property is rs.12k to rs.15k.
scope of growth:
completion of expanded metro services.
implementation of the rs.1000 cr cauvery water supply project shall ease the water shortage crisis.
after a critical assessment of the trends, it is recommended to invest in 2-bhk and 3-bhk flats and book profits.