Gm Palya, Bangalore

gm palya is a well established neighbourhood in east Bangalore that has many residential units. it is located close to Bhoopasandra main road and shivananda nagar, krishnappa garden and byrasnadra are the other neighbouring localities. some of the best builders have made their projects in this area, which include prominent names like jana jeeva estates, mc builders, and mathapathi constructions. 

the locality is 5 km from the kr puram railway station and is connected by the gm palya main road to all major localities and commute points of bangalore. the baiyapannahalli metro station is 5 km away from the locality and is the nearest one. it has a number of hospitals, early learning centers, schools, supermarkets and diagnostics to name a few of the civic amenities that one finds in plenty here.the bagamane tech park that houses prominent employers like cognizant technologies, grant thomson india, dawson johnson foundation etc. are located in gm palya. 

properties for sale in gm palya are in the range of rs. 20 lacs to rs. 80 lacs and the prominent bhk types in this area are 1/2/3 bhks. the residential inventory comprises 80% of apartments, 10% of residential houses and 10% of builder floor apartments. for rent the monthly rental is in the range of rs. 5000 to rs. 20000 per month. there are around 20 properties for sale and 66 properties for rent. there is 1 ready to move project in the locality. 

key highlights 

• the area is close to hindustan aeronautics limited aerospace division and is in a protected area. 

• the civic amenities and infrastructure of the place is excellent and residents are satisfied living here. 

• the locality is close to three most prominent east bangalore localities which have very good schools, markets and hospitals. 

• the connectivity in the area is effortlessly smooth due to the high demand of public transport and supply of the same in this area. 

whats great?

• the urban edge of the place in felt in the form of sophisticated schools and learning centres.

• commute is easy to and from this place and most office goers and residents are well provided for due to well placed jobs.

• the neighbourhood is cheery and the ambience is posh.

• markets, hospitals and schools are close at hand. 

whats not great?

• the roads and by lanes are narrow thereby leading to congestion for traffic.

• average safety and cleanliness is seen in the area and there are reports of negligence of the municipal corporation in this area, in spite of it being a prominent locality.  

Watch out for?

the growing number of properties that are available for sale and rent is a direct indication of how prominent builders have been enjoying returns and profits by providing new units for the growing demand in this region. therefore, the number of options that you get in this area is going to be increasing in near future. the proximity to high end tech park is also an indicator that the prise rise will be steady in next few decades. this is one of the most sought after localities of bangalore east. 

property rising factor

• short term: owing to the area being in the heart of east bangalore with close proximity to high end offices and great connectivity, no matter the amount of time a price rise is expected in every three years. therefore, you can invest safely and expect returns to go up a notch higher in a few years time itself. 

• long term: the long term benefits of living here are many which includes price rise to up to 5 times as seen in the last few decades. the locality is expecting better connectivity options in near future that will further more increase the demand for easily affordable properties in the area. 

other highlights  

social infrastructure

the civic amenities are known to be excellent here and the best schools and hospitals are at hand. therefore, residents tend to live here longer than their initial plans and only complain about the growing congestion in narrow lanes. there are plans to increase the number of markets in the locality to help residents enjoy uninterrupted supply of goods. 

shopping complex & markets

gm palyahas many malls and shopping complexes nearby like:

• burma super market

• star super market

• kr market

• nagavarpalya market

• greens super market

• walnut supermarket

• star market

• fair choice super market

health care centers

hospitals and healthcare centres in gm palya are many as in the following list:

• beml hospital

• medihope super speciality hospital

• abhayahasta multispecialty hospital

• chinmaya mission hospital

• ojus multispecialty hospital

• hal hospital

• the life plus hospital

• neha diagnostics

• apollo diagnostics gm palya

• sakshi lab and diagnostics

• metropolis healthcare limited

connectivity & public transport

• ac coaches, non ac coaches, government state transport to private buses serve the locality.

• baiyapannahalli metro is just 5 km away. 

schools, bank & fitness centers

schools.

• progress pre- school 

• shanti juniors school – gm palya

• shishya beml public school 

• mother dolphin english high school

• faro play school and day care

• maple beast pre school 

• holy cross school 

• government lower primary school 

• sishugriha high school 

• byrasandra government school 

• st thomas public school 

• st john high school 

• the foundation school 

• disney nursery school 

• royal academy of music 

• drdo kg school 

• bachpan play school 

• mother mary english school

banks and atms

• axis bank

• icici bank

• state bank of india

• corporation bank

fitness centers

• challenging bodies

• sansuma narzari

• open air public gym

• sterv gym

• snap fitness

• aero fitness centre

• my gym hammer strength

popular landmarks near locality

• keligiankare lake is adjoining to the locality and attracts visitors all round the year. 

• the kala mandir is a popular spot for art and theatre. 

• there are 39 restaurants in this area and all are popular with a steady visitor base.

• the tech park that houses cognizant and other major companies. 

micro market analysis

capital and rental trends:the dedicated flow of newcomers and t6enants has ensured that the capital and rental trends are in upward direction for this section of the market. this is also supported by the fact that working professionals of various backgrounds move in with their families when employed in the nearby tech park and move out when they change their job. 

scope of growth: the scope of growth in this locality is great. not just real estate or education, people even experience astounding career growth in this locality.  so there are professionals looking for new homes every now and then. 

investment opportunities: purchase, resale and rent outs are easy ways to invest and reap rich returns from this locality.