Narasapura, Bangalore

narasapura, Bangalore is a locality located on the outskirts of the city of bangalore. the locality is close to alur lake and hesagatta lake. several other small lakes such as –kuduregere lake and aivarakhandapura lake also surround the area. the river arkavati flows close to the region. narasapura lies close to highway – 39, which forms hesarghatta main road and state highway ah-47 tumkul toll road rates. the locality is a neighbor to hoshali palya, honnasandra, palya, kodi palya, kumbharhalli, and hesarghatta. the locality is made up of sub-localities consisting of – torenagasandra, matahalli, and vaderhalli. 

key highlights

• the area is as close to nature as it gets. beautiful lakes, small and big, surround it. is close to the green zone of hesarghatta and avalahalli state forest.

• beautiful scenic views of the lakes and forests in the area, lush greenery is present everywhere.

• apart from providing scenic views, the hesagatta lake, kuduregere lake, and the arkavati river are perennial and a consistent water supply in the area.

whats great?

• the pollution – land, air, and noise are one of the lowest in bangalore. the area extrudes calmness.

• several outdoor activities like – camping, lake sighting, and trekking are available in the area.

whats not great? 

• the area lies on the outskirts of the central city, so it is tough to commute to and fro for the job or any other purpose.

• severe lack of modern entertainment amenities like high rising malls, multiplexes, shopping zones, bars, and others.

• Watch out for?

• the potential of land at narasapura is immense; the land is available near alur lake, near highway -39, and arkavati river. 

• property rising factor

• short term

• several housing projects being undertaken in the area, some of which are – concorde spring meadows near the river arkavati, aspire greenlands by sherwood projects near the avalahalli state forest, and manya lotus apartments.

• long term

• narasapura is still a developing locality, and hence the land is available at attractive. the abundance of land close to the central city of bangalore makes it a beautiful place for land developers.

• the area is a potential goldmine for several lakeview apartments and river-view apartments on the banks of the river arkavathi and several forest side cabins, villas, and whatnot. the possibilities for land development are immense in the area.

other highlights

• social infrastructure

• the area is a boon for outdoor activities. the green zone of hesarghatta and avalahalli state forest provided excellent camping opportunities and trekking events. there are even cabins near the woods available for enjoying nature with family and close friends. there are several well-known temples in the area, such as – karangadamma temple, arkeshwara swamy temple, nagara devsthana, muneshwara temple, and others for religious events and socialization. there are several ashrams in the area, such as kumaris ashram, modilu foundation, bhagavan gopinath ashram, vyassara ashrama, and others for meditation and introspection.

shopping complex & markets

• arvind unlimited warehouse of products, narasipura

• shree virbadra swamy store

health care centers

• kumaris ashram

• mobile foundation

•  bhagavan gopinath ashram

•  vassar ashrama 

connectivity & public transport

• close to highway – 39 (hesarghatta main road ) and state highway ah-47 tumkul toll road route.

schools, bank & fitness centers

schools

• government lower primary school, Nelamangala block

•  ghps school, matahalli

banks

• central bank of india

• indian bank

                       fitness centres

• moses gym

• popular landmarks near locality

• kuduregere lake 

• aivarakhandapura lake

• river arkavati

micro market analysis

capital and rental trends

• since narasapura is still being developed in the outskirts of bangalore, the property market here mainly consists of residential plots, making about 67% of all the offerings. 

• second, the residential plots are the industrial land offerings at 17% and apartments at 8%. the rest of the offerings are covered by villas, cabins, and other offerings.

• the apartments offerings consisted almost totally of 2 bhk apartments, with very few 3 bhk or 5 bhk apartments on sale.

•  the price range of residential properties is about inr 1,307  to inr 3,900 per sqft, with the lower limit offered for residential apartments and the higher limit shown for residential plots.

• the average rent for a 2 bhk apartment starts at inr 10,000 and goes as high as inr 15,000 depending upon the locality

scope of growth

• as said earlier, the land potential of the area is very high. it has all the factors necessary for a price hike – located close to lakes, close to highways, greenery in the area, constant water supply, and lower pollution levels. the land rates are expected to increase over the decade steadily.

investment opportunities

• investment in lakeview apartments near hesagatta lake, kuduregere lake, and aivarakhandapura lake and riverview apartments near river arkavathi and property near the gardens and forest. the possibilities for land development are immense in the area.