Ashok Nagar, Bangalore

ashok nagar, Bangalore, is located in the central business district of bangalore, karnataka. ashok nagar is amongst the oldest localities in the city.  it was previously known as shoolay, and its pin code is 560001. ashok nagar is a massively sought-after place for it professionals for housing it parks like prim park, fortune summit it park, and many others, making it a haven for software companies. the area offers a vast range of residential options for its customers in gated communities and independent villas. 

ashok nagar lies close to several important commercial and residential areas of the city, including yelahanka, bommanahalli, krishnarajapura, kengeri, hosakote dasarahalli. elite hotels, restaurants, healthcare centres, schools, colleges, and banks are all available in the areas proximity. 

being one of the oldest and most livable areas in bangalore, ashok nagars properties are among the highest. even the real estate inactivity in the last few months did not affect the propertys worth in the locality. the average price of the property in this area is rs. 8275 per sq ft. 

key highlights

• railways and bus services efficiently connect the locality to the rest of the city. 

• well-developed social infrastructure 

• a hybrid of all kinds of property – from independent villas to the gated communities

• market, malls, restaurants, schools, hospitals are close to the location. 

• easy ways of transportation. 

whats great?

• it is a safe place to live for single women and men, small children and a comfortable place for families. 

• significant banks and hospitals within the 1km distance of the location

• parks, gardens, police stations near the locality

• railway and bus services connecting the locality to the rest of the city

whats not great? 

• bangalore traffic, especially in the peak hours of the day. 

• noise and air pollution in the city

Watch out for?

• amusement parks and tourist places 

• historical and cultural monuments

property rising factor

short term: 

• the demand for the property. 

• the development of the social infrastructure in the locality

long term

• it is located in the heart of the city. 

• the continuous development work is going on in the town. 

other highlights

social infrastructure

ashok nagar flaunts a well-connected route to and from the city. the hospitals, schools, colleges, restaurants, hotels, police stations, railways, shopping complexes, malls are in close vicinity of the locality. 

shopping complex & markets

these are some of the top-rated malls in ashok nagar 

• garuda mall

• bangalore central

• ub city

• bangalore central

• Brigade Road

• lifestyle stores

• orion mall 

health care centers

world-class hospitals like:

• belle vues cambridge hospital infertility & ivf centre, 

• st. philomenas hospital, 

• hosmat hospital, 

• fortis la femme, 

• gleneagles global hospital, brains hospital, 

• mallya hospital, 

• p d hinduja sindhi hospital, 

• bowring and lady curzon hospital centre for speciality surgery, 

• bhagwan mahaveer jain hospital 

connectivity & public transport

ashok nagar is well-connected to the entire city by various modes of transportation. the locality facilitates its residents with quality connectivity to the town from railway to the bus service and an airport close. bengaluru cantt. railway station and bengaluru east railway station are close to the location, and the airport is merely 35km away. the bmtc buses, the volvo buses, the auto, and the cabs are functional as well. 

schools, bank & fitness centers

school in the area

• st. patricks high school

• baldwin boys high school

• tunbridge high school

• bishop cotton school

• orchids the international school 

• st. agnes higher primary school

• sacred heart girls high school

• bishop cotton girls school 

• st. josephs boys high school

• st. josephs indian high school pu college

• st. euphrasias girls high school

banks in the area

• foreign banks

• icici bank 

• state bank of india 

• hdfc bank. 

• specialized personal banking branch (spb). 

fitness centers in the area

• crossfit

• golds gym

• castle gym

• akshar yoga

• total yoga, ub. city

• me+yoga

popular landmarks near locality

• ambedkar statue

• iskcon temple 

• pyramid valley 

• bangalore palace

micro market analysis

capital and rental trends

• for rental trends, the price of a 1bhk in ashok nagar is rs. 8500 to rs. 26000. simultaneously, the rental cost for the 4bhk in the area is rs. 20,000 to rs 2.5 lakhs. 

• the average cost of a multiple-story apartment in ashok nagar is approximated to be rs.11726 in the oct-dec quarter as it saw a fall of 1.5% from the previous quarter. 

scope of growth

ashok nagar essentially has an abundance of opportunities in the form of the it hubs and it parks that encourage its development. there are plenty of job opportunities resulting in overall growth. 

investment opportunities

the ashok nagar property prices are always high, which also promises better and higher living standards. being in the city centre and home to several it parks, ashok nagar offers a promising future to investors.