Bangalore is one of the cosmopolitan cities of India. The Bengaluru luxury market plays a significant role in a range of public sector enterprises, software firms, aviation, communications, and other industries across India. Bangalore is also regarded as India's Silicon Valley. It is an ethnically diverse city that has quickly risen to become one of the country's most important economic hubs and fastest-growing metropolises.
Bengaluru, India's information technology (IT) capital, provides chances for working adults, businessmen, and start-ups. However, this isn't the only reason driving real estate demand in this area. The city has also been popular among NRIs and ex-pats due to its growth potential. Bengaluru aka ‘silicon city’ offers a choice of residential properties for sale in Bangalore, and it is appropriate for people seeking settlement in a cosmopolitan city.
Bengaluru, as a city
Bengaluru has been the largest town of Karnataka. It is India's third-largest city and fifth-largest metropolitan area, with a population of over 8 million and a metropolis population of approximately 11 million. According to a stone inscription found just at Nageshwara Temple in Begur, Bengaluru, the capital's history dates to roughly 890 CE. 'Bengaluru Kalaga' is mentioned on the Begur inscriptions inscribed in Halegannada (old Kannada).
The British moved their cantonment from the old city to Bengaluru in 1809, and a town developed up around it that was ruled as part of British India. Bengaluru then became the capital of Mysore State after India's independence in 1947, and then it continued so when the new Indian territory of Karnataka was founded in 1956.
Bangalore's large metropolitan settlements, a city, and the cantonment evolved as separate entities, combined in 1949 to form a unified city area. Bengaluru, the city's pre-existing Kannada name, was designated the official term in 2006. The city is home to several Indian technical companies. Bengaluru is India's second-fastest-growing metropolitan metropolis, with a diversified population. According to recent estimations of its metro economy, Bengaluru is the 5th most profitable metropolitan area in India.
The city is home to several state-owned aerospace & automotive companies. The Kannada movie industry is also based in the city. The Ease of Living Index 2020 stated that Bengaluru is the most liveable Indian metropolitan area with over a million people. Apart from Kannadigas, the Telugus and Tamilians are two prominent communities in Bangalore with a long history in the city. They went to Bangalore in pursuit of a better life. Bangalore had a small number of Tamil and Telugu residents who spoke Kannada to do low-profile professions as early as the 16th century.
Bengaluru's culinary diversity reflects the city's social and economic diversity. Bengaluru offers a diverse range of restaurant styles and cuisines, and residents consider eating out to be an important part of the culture. Bengaluru is also home to a thriving classical music and dance scene in India. Due to Bengaluru's many ethnic groups, the arts community is quite diverse, as evidenced by its music events, dance shows, and plays.
Basavanagudi is a residential and business community in Southern Bengaluru. The neighbourhood is one of the capital's oldest. It is a well-developed residential and retail district. It's a green town with prestigious institutions, bustling markets, plenty of parks with ancient trees, lakes, and a diverse range of eateries. Popular educational institutions in the region include the B.M.S. College of Engineering as well as the National College. Residents in the area benefit from good connectivity because of the National College and Lalbagh metro stations on the green line. The neighbourhood provides affordable housing options with good amenities. This area is dominated by single-family homes as well as luxury apartments. Basavanagudi is a residential/commercial neighbourhood in south Bengaluru, adjacent to Jayanagar. It was once the centre of business and is one of the city's oldest neighbourhoods. The starting bid of property in Basavanagudi is Rs. 104 per square feet, with a typical price of Rs. 11,334 per square feet.
2. INDIRA NAGAR
Indira Nagar is a well-established residential and commercial neighbourhood in Bengaluru. The area, located east of the city, is well connected to popular areas such as Jeevanbheemanagar, CV Raman Nagar, Koramangala, HAL Layout, Murugeshpalya, as well as Ulsoor. Indiranagar is a cosmopolitan neighbourhood with upscale stores, bars, cafes, diners, and educational institutions. Namma Metro has improved connectivity and boosted the area's real estate values. Horizontal developments, such as single-family homes, low-rise multi-storey flats, and villas, make up most of the residential landscape in the area.
This is the most popular location and appears to be one of Bengaluru's most posh and expensive neighbourhoods. Indiranagar is a known business neighbourhood in Bengaluru because it is home to many start-up enterprises. Indiranagar, situated in the heart of the city, has everything to do with amusement, including lively pubs, playgrounds, gyms, hospitals, and hotels, among other things. With a constant stream of retail malls, it is regarded as Bangalore's most popular retail destination. The price of properties in Indira Nagar for sale ranges from Rs. 3,348 per sqft to Rs. 26,032 per sqft.
3. BENSON TOWN
Benson Town is an affluent residential area in southern Bengaluru with both industrial and commercial establishments. It is one of the city's oldest and most affluent neighbourhoods, with a mix of single-family homes and multi-story apartment buildings. Benson Town is a historic neighbourhood in north Bengaluru that is home to the traditionally wealthy. Within Benson Town, the well-known suburbs include SK Garden as well as Byadarahalli. While the neighbourhood is pleasant, homeowners frequently confront waste disposal difficulties.
Bangalore's Benson Town is one of those areas in any city that exhibits the city's traditional culture and neighbourhood. The single-story houses and broad tree-lined streets are familiar to many who live here. This region, primarily populated by Kannada-speaking residents, is not very upscale but rich in traditional culture, iconic food, large marketplaces, and lovely parks. The asking price of a property in Benson Town is Rs. 549 per square foot, with a typical price of Rs. 10,527 per square foot.
Koramangala is a posh area in Bengaluru's southeast. Adugodi, BTM Layout, Jayanagar, as well as Ejipura surround the region, which is located close to Hosur Road. Koramangala is a popular residential centre due to its strong social infrastructure, good physical connections, and a plethora of companies located inside and around. Luxury residential houses, apartments, buildings, houses, and low-rise multi-storey flats are all options for you. Furthermore, there is a nice mix of finished and under-development apartment in this area.
Koramangala is a flourishing district with several premium residential units but is at the top of the list of finest locations in Bangalore, among other connected regions in south Bangalore. Koramangala is well connected to the city's key destinations, such as Electronic City, Hosur Road, Middle Ring Road, Airport Road, etc. It is a cosmopolitan district with several retail malls and restaurants, and it has many lively party places for the city's young. It is also a shopping attraction as it is home to the world-famous Forum Mall. There are numerous premium residential units in the neighbourhood, but there are also a few locations that provide less expensive lodging. The typical price of houses in Koramangala is Rs. 13,718 per square foot, with the asking price being Rs. 1,300 per square feet.
Malleshwaram or Malleshwara, located in the north-western section of Bangalore, is among the oldest neighbourhoods and a well-planned suburb. Its name comes from the renowned Kaadu Malleswara temple. As one of the traditionally affluent districts, it has taken on a cosmopolitan feel, with multi-storey flats replacing many big bungalows. It has a diverse population, with prominent families from the middle and higher middle classes. The 11th Cross Flower Market, wholesale and retail stores on Sampige Road, and legendary restaurants on Margosa Road have all drawn a diverse range of individuals. The asking price of a property in Malleswaram is Rs. 514 per square foot, with a typical price of Rs. 10,664 per square foot.
6. RAJAJI NAGAR
C. Rajagopalachari is the namesake of one of Bengaluru's major suburbs, Rajaji Nagar. Basaveshwaranagar, Malleshwaram, as well as Mahalakshmipuram are among the notable areas around Rajaji Nagar. Rental buildings, parks, gyms, education institutions, commercial centres, stores, worship sites, and restaurants make up the region. The BMTC bus, as well as Yeshwanthpur railway station, as well as the Namma Metro, serve the neighbourhood. Mantri Square, Orion Mall, as well as GT World Mall are just a few of the well-known malls in Rajajinagar. It is mostly populated by single-family homes, and the scarcity of land plots added to the town's value. The asking price of a property in Rajajinagar is Rs. 699 per square foot, with a typical price of Rs. 13,634 per square foot.
7. Cooke Town
Cooke Town is a developed, well-located neighbourhood in South-East Bengaluru, between the ORR and Sarjapur Road intersection. The region is a major residential hub, with several finished and upcoming apartment complexes. The site acts as a significant crossroads between Bengaluru's southeast sides. Cooke Town is a diverse neighbourhood in the city. The neighbourhood, which is home to numerous HNIs and corporations, is also sought after by tenants. It was founded when the Madras Government oversaw the Bangalore Civil as well as Military Station in north-east Bengaluru. While this area is desirable in general, the small roadways may irritate some residents. Cooke Town is a significant technological centre with connections to ORR, Whitefield, as well as other significant information technology (IT) centres. As a result, it is a sought-after residential area for experts in these disciplines.
Cooke Town is another inexpensive neighbourhood in southeast Bangalore. Cooke Town was essentially a desolate wasteland until the early 2000s when IT infrastructure began to emerge. As a result of this growth, lodging in Bellandur is more inexpensive than in other sections of the city. The typical price of houses in Cooke Town is Rs. 10,646 per sqft, with the asking price being Rs. 1,016 per sqft.
8. RICHMOND TOWN
Due to its excellent connection to IT centres such as the Embassy Manyata Business Park and the Kempegowda Airport Terminal, Richmond Town has become one of the wealthiest areas in Bangalore, attracting many purchasers. The area is home to several businessmen, actors, and politicians. Richmond Town is a posh Bangalore suburb with various amenities, including retail malls, cinemas, eateries, education, and healthcare. With its tree-lined avenues and gorgeous mansions, the neighbourhood has one of Bengaluru's highest property prices. The price of Richmond Town properties ranges from Rs. 3,831 per sqft to Rs. 17,147 per sqft.
9. RMV EXTENSION
RMV Extension, regarded as one of the city's most important thoroughfares, is another well-connected neighbourhood in Bangalore. The area is home to some of the city's most prestigious institutions, including the IIM-B, HSBC, and Honeywell. It also has several pleasant and comfortable residences, shopping malls, hospitals, as well as schools. In addition, RMV Extension offers exceptional access to BMTC buses, a convenient, dependable, and inexpensive way to go about the city. The typical price of homes in RMV Extension Stage 2 seems to be Rs. 12,044 per square foot, with a price of Rs. 1,000 per square feet.
Ulsoor, located in Bengaluru's south-eastern section, is a prominent residential neighbourhood. Ulsoor has witnessed a significant rise in residential housing due to the vicinity to commercial districts in the city around Koramangala, Hosur Road, and adjacent regions. It has a good mix of apartments and single-family houses. Ulsoor is now one of the most well-organized residential areas due to its real character of interior homes. You are well taken care of, with some of the greatest schools, hospitals, cafés, restaurants, clubs, tree-lined streets, and so much more.
Ulsoor is the centre of India's largest electronics industrial areas, which span 800 acres. In this sector, there are around 200 IT firms, including several prominent names like Infosys, TCS, Wipro, HCL, and others. Ulsoor has been meticulously designed and, according to state governors, will soon be transformed into a "living lab" providing world-class urban services. This neighbourhood is a magnet for all people who work in and around Ulsoor, with several fancy residential areas and a plethora of culinary places. This neighbourhood is a little out of the way, but it rewards residents with a very high standard of living.
These 10 areas have become Bengaluru's most sought-after residential neighbourhoods due to ongoing infrastructural development, metro connection, and closeness to job centres.
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Frequently Asked Questions (FAQ's)
Q-1: How are the roads of Bengaluru?
Ans – Wide highways, greenery, shopping centres, and closeness to major IT clusters in south Bangalore have contributed to the area's rising real estate values. The state government has suggested the construction of an elevated corridor that will connect Banashankari with Hebbal, which is located to the northeast corner.
Q-2: What are the characteristics of Kannada films?
Ans – The Kannada film industry is based in Bangalore, and it produces around 80 Kannada motion pictures each year.
Q-3: Is there any cartoon gallery in Bengaluru?
Ans – The first of its type in India, the cartoon gallery is situated in the centre of Bengaluru and is devoted to the art of cartooning.
Q-4: How is the diversity in Bengaluru?
Ans – Bangalore's culinary diversity reflects the city's economic and social diversity.
Q-5: How is the IT industry in Bengaluru?
Ans – The city has faced problems as the IT industry has grown. But it is in the first place now.