aswath nagar is a suburb in east Bangalore, karnataka, india. it is a sub-locality under the marathahalli ward. aswath nagar is bounded by jawahar nagar to the west, chenappa layout to the east, chandra layout to the south, and anand layout to the north.
marathahalli and its sub-localities, notably aswath nagar, were transformed overnight into a self-sufficient area as bengalurus it sector blossomed.
the real estate industry in aswath nagar is flourishing in terms of residential projects. owning to its proximity to it centres like as sarjapur-orr, itpl, and whitefield, many it workers working in these areas prefer to rent or buy flats in aswath nagar.
localities near aswath nagar include subbaiah reddy colony, ayyappa layout, ramanjaneya layout, and rajasree layout.
workers employed at it parks such as rmz ecospace, cessna business park, prestige tech park, salarpuria hallmark, and embassy tech village are encouraged to live in aswath nagar, which promotes the concept of work and walk.
the neighborhood is situated very close to the hal old airport, which serves as a close landmark for aswath nagar.
aswath nagar has affordable real estate as compared to the rest of the city.
the neighbourhood is a bengaluru residential, commercial, and industrial hub.
the area is well connected to the rest of bangalore through the orr.
whats not great?
better street illumination and other tools are desperately needed in the area to enhance pedestrian safety. crime rates have increased near apartment complexes as a result of the dark lanes.
there are also no adequate pavements in the neighbourhood. pedestrian safety was not taken into account while the roadways were being built.
both the residential and commercial markets in aswath nagar are flourishing. aswath nagar has a number of residential developments (both finished and forthcoming) from various developers. due to increased demand from young professionals, two and three bedroom flats in aswath nagar are the most popular layouts.
property rising factor
short term: over the last two decades, aswath nagar has experienced tremendous real estate development, but infrastructure expansion has lagged behind. the rise of it centres in the area has been a major influence in the development of this formerly quiet village. itpl, whitefield, and sarjapur-orr professionals wish to live here, leading in residential expansion in the region.
long term: with the growth of it and other sectors in the neighbouring areas such as doddenakundi, brookefield, hsr layout, and others, real estate in aswath nagar is expected to expand even more.
aswath nagar has an excellent social infrastructure since it provides a wide range of social facilities to its people, including reputable schools, banks, retail malls, and hospitals.
shopping complex & markets
soul space arena mall
v a market
health care centers
aswath nagar is home to a variety of well-known and respected health care centres and clinics, assuring residents happiness and health. some of the hospitals are as follows:
aayug multi speciality hospital
new akshay mallya hospital
connectivity & public transport
aswath nagar is connected to the rest of bengaluru via buses operated by the bmtc (bangalore metropolitan transport corporation). the most significant bus stop - the marathahalli bridge bus stop – is located at the intersection of the Outer Ring Road and the varthur road.
the airport is roughly 45 kilometres distant, and there are regular buses from the marathahalli bridge bus stop that run all the way up to the airport throughout the day. the nearest railway station is k.r. puram railway station, which is approximately 7 kilometres away. cabs and autorickshaws are the other popular modes of public transportation in the area.
schools, bank & fitness centers
the residential area of aswath nagar has a good number of schools and banks nearby and many fitness centres.
hal gnanajyoti school
government kannada primary school
government primary school
sunkids - play school
air force school
city union bank
fit life gym
popular landmarks near locality
aswath nagar has a wide range of famous landmarks in its vicinity and some of them include the anjaneya swamy temple & satya sai baba temple, marath halli bridge, aecs lake, the potters house christian fellowship church and gurdwara kalgidhar.
micro market analysis
capital and rental trends: apartments in aswath nagar cost between the range of 6,132 - 14,545 inr per square foot. similarly, 2bhk apartments for rent cost between the range of 18,000 -22,000 inr a month.
scope of growth: in the recent decade, aswath nagars infrastructure has grown rapidly. residents had to go to whitefield or hal for the most basic requirements seven years ago due to a lack of appropriate development in this area. however, things have changed dramatically since then. the region has also become a commercial centre thanks to malls and marketplaces in and around such as total mall, marathahalli market, inorbit mall, and others. in this area, there is considerable potential for commercialization. the peripheral ring road and other forthcoming developments will undoubtedly increase the value of this neighbourhood and contribute to its overall growth.
investment opportunities: people choose to live in aswath nagar over whitefield since the latters costs are about 10% higher. the real estate market in aswath nagar also benefits from its closeness to the outer ring road. the outer ring road immediately links different areas of the city, and residing near it has the extra benefit of significantly reducing travel time. all these reasons make aswath nagar a favourable investment destination.