Neeladri Nagar, Bangalore

neeladri nagar is a well-established locality situated in the south of Bangalore. since the neighborhood is a part of the Electronic City’s phase i and falls under the bengaluru urban district, it continues to be an attractive destination for both residential and commercial projects. neeladri nagar has a wide range of housing units, from gated communities to single-family homes and apartments.

neeladri nagar stretches itself across an estimate of 0.33 sq. kms of land. the neighborhood is moderately convenient to reach and locate and is surrounded by several established affluent localities including doddathoguru, shikaripalya and lakshmi narasimha swamy layout. 

the location is hailed for its extensive range of affordable properties, making it an ideal place for all kinds of buyers. the average price for apartments in the locality is 4,619 inr per sq.ft.  similarly, 2bhk properties for rent are available for an average of 21,000 inr per month. 

key highlights

owing to the fact that the location is situated in the electronic city, it has a handful of it hubs in the vicinity, such as tcs, tech mahindra, wipro and infosys. this makes neeladri nagar a favourable place for employment purposes.

in terms of connectivity to other significant areas of bangalore city, neeladri nagar has a well-developed infrastructure.

residents of neeladri nagar unanimously agree that it is an excellent place to live in. the neighborhood provides its inhabitants with all kinds of necessary social amenities starting from schools, hospitals, eateries, banks and more.

whats great?

neeladri nagar has a modern social and civic infrastructure, making it a popular place to buy commercial or residential property.

what makes neeladri nagar so prominent is that it is a well-known spot with a plethora of significant establishments nearby including it hubs, famous temples, parks, etc. 

apart from the basic amenities, neeladri nagar also offers its residents entertainment and hospitality facilities such as hotels, renowned eateries, malls, shopping complexes and cinema halls.

whats not great?

residents often complain that the internal roads are in a poor state. red soil is strewn across the sidewalks, which are clogged with stones.

the neighborhood lacks a proper garbage disposal system, thus occasionally becoming subject to littered and unclean streets. 

Watch out for?

a new metro line connecting r.v. road to bommasandra is under construction and is expected to be complete by 2022. the new metro line will be distanced at 6.6km from neeladri nagar. as a result, the locality will become more favorable for investment and is likely to get more attention from home buyers, developers, and project managers alike.

property rising factor
short term: customers for properties in neeladri nagar are in high demand due to the locations accessibility and social amenities.

long term: neeladri nagar is continuously expanding, thus new developments and property prices will continue to rise in the future.

other highlights  
social infrastructure

neeladri nagar has an adequate civic system because it provides a wide variety of social services to its inhabitants, including reputable schools, banks, shopping centres, and hospitals.

shopping complex & markets
gem arcade
vega city mall
neo mall
royal meenakshi mall
village hypermarket
gohappy hypermarket

health care centers
neeladri nagar is home to a number of well-known and reputable health care centres and hospitals, ensuring that people enjoy happy and healthy lives. some of the hospitals are:

sri laxmi hospital 
ramakrishna smart hospital 
motherhood anjana clinic - electronic city
apollo dental clinic & hospital
srujana hospital

connectivity & public transport

 neeladri nagar main road provides excellent access to other areas of the city. buses from the bmtc and bsrtc run regularly to and from this venue.  within walking distance is the neeladri park bus station as well the electronic city wipro gate bus station.

it takes 30 minutes to drive from this location to heelalige railway station, which is accessible via national highway-44. once the new electronic city metro is activated, this neighbourhood is expected to have an even better connectivity system. the nearest airport to the location is the kempegowda international airport (30.66 km).
schools, bank & fitness centers
the residential area of neeladri nagar has a good number of schools and banks nearby and many fitness centres, such as workout plus, functional fitness academy and zest fitness studio. 

schools.

vibgyor school
horizon high school
vidyarambh international preschool & childcare center ecity
serene international school
euro kids pre school
banks
icici bank -neeladri main road, bangalore-branch & atm
yes bank
karnataka bank
state bank of india
punjab national bank, electronic city branch
popular landmarks near locality
neeladri nagar has quite a few number of beautiful parks in the vicinity for amusement and recreation purposes  including ajmera infinity water fountains, srd garden, celebrity classic layout park and central park - concorde cupertino. 

the location has a good number of temples in close proximity such as balamuri ganesha temple, sri shirdi saibaba temple, the kashi vishwanath swamy temple and sri lakshmi narasimha swamy temple.

micro market analysis
capital and rental trends: neeladri nagar has high demands especially due to its proximity to the electronic city, resulting in high selling and rental rates. since neeladri nagars popularity is unlikely to decline in the immediate future, prices are only expected to increase in the coming years.

scope of growth: in terms of real estate expansion, neeladri nagar has limited capacity. new ventures pop up all the time, but they usually reappear in old places, refurbished. 

investment opportunities:  neelaadri nagar has robust social infrastructure and accessibility, as well as high demand for property pieces, making it an outstanding investment destination.