About Kumaraswamy layout
kumaraswamy layout, bangalore is a residential locality in bangalore that is a neighbor to uttarahalli, hobli, yelachenahalli, gowdanapalya, supramanyapura, and jp nagar. the locality is located west of the kanakpura road and to the south of outer ring road. kumaraswamy layout contains sub-localities of chandra nagar, kanka nagar, vittal nagar, kumaraswamy 2nd stage, and pratibha industrial estate.key highlightskumaraswamy layout is a known hub of education in bangalore. several reputed institutes – dayanand sagar college of engineering, alpine school, delhi public school, and many others- are located.pratibha industrial estate in the locality employs the majority of the locals in the nearby areas.whats great?the locality contains yelachenahalli lake and is near several others - sarakki lake, dore kere lake, goudankere, and chunchugatta lake. this ensures an adequate supply of water and also provides scenic views.several reputed medical institutions in the area, such as – sagar hospital and london care hospital.whats not great?the locality is prone to flooding in unusually high rainfall due to its proximity to several lakes.Watch out for?lakeview properties in the chandra nagar, vittal nagar, and stage 2 sub-localitiescommercial properties in the pratibha industrial estate.property rising factorshort termseveral housing projects such as rathna deepak layout and adarsh hills being undertaken in the arealong termthe government has recently proposed construction on outer ring road, which passes near the locality.the presence of several lakes view properties in the areathe access to the kanakpura and outer ring road has significant commercial implications.other highlightssocial infrastructuremany parks and playgrounds available in the locality for recreational purposes – bbmp park, bda park, dsce rock garden, basketball court, badminton court, triangular park, and others. the locality also contains a city central library for group or solo studies.shopping complex & marketstata enterprise star market, vittal nagarautomize india, nanjappa layouthealth care centerssagar hospitals, malleshwara hillsvasavi hospital, 15e bus stop, 1ststageelondon care hospital, stage 2ndarogya kendra gov hospital, 1ststageeconnectivity & public transportyelachenahalli metro station and jaya prakash nagar metro station located at the bordersschools, bank & fitness centersdayananda sagar institutes – college of engineering, dental college, university and others, maheswara hills 1st stageblossom school, 727/13th crossroad 2nd layoutalpine school, maheswara hills 1st stagedelhi public school, kanka nagarcorporation school, 1ststageepopular landmarks near localitykumaraswamy layout police stationyelachenahalli lakesarakki lakemicro market analysiscapital and rental trendsthe property market in kumaraswamy layout mainly consists of residential houses and plots, making about 63% of all the offerings.the remaining offerings are covered by residential apartments (28%), the rest 9% being commercial office spaces.the apartment offers consist of 3 bhk (30%) and 2 bhk (32%) apartments, with the rest being a mix of 4 bhk, 1 bhk, and % bhk apartments.the price range of residential plots is about inr 71,000 – 1,07,000 per sqft, which averages to be at inr 90,000 per sqft.the price range of residential houses is about inr 4,500 – 8,000 per sqft, which averages to be at inr 6,500 per sqft.the price range of multistory apartments is about inr 4,000 – 6,000 per sqft, which averages inr 5,200 per sqft.the properties available for rent mainly consist of 2 bhk apartments (58%) and 1 bhk apartment (25%). the rest is a mix of 3 bhk, 4 bhk, and 5 bhk offerings.the average rent for a 2 bhk apartment starts at inr 5,000 and can go as high as inr 20,000 depending upon locality.scope of growththe residential houses prices in the area have seen about 5% growth in the last quarter of fy 2020-2021.as compared to the last quarter of fy 2019-2020. this growth rate is expected to maintain the trend at 5% in 2021-2022.prices of multistory apartments have seen an increase of about 6% in the last quarter of fy 2020-2021.as compared to the last quarter of fy 2019-2020. the prices are expected to rise to the extent of 7% in the fy 2021-2022.on the other hand, prices of residential plots have seen a decrease of about 1% in the last quarter of fy 2020-2021.as compared to the last quarter of fy 2019-2020. the prices are expected to rise to the former level in the fy 2021-2022.investment opportunitiesinvestment in lakeside properties is a good idea.acquiring property near the outer ring road is a good idea.
