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Prashanth Nagar, Bangalore

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About Prashanth Nagar, Bangalore

this is a very popular and well known area that has great connectivity and lifestyle options. it is very close to the ring road and therefore, provides great options in connectivity to all parts of the city. it is a well known hub of commercial and residential activity. many new projects are lines up by prominent builders. it is also close to the city central railway station. the locality is rich in urban amenities and well designed buildings welcoming many new families. the best mode of local public transport here is the autorickshaws. it is a unique mix of traditional and modern facilities and is well maintained in terms of road quality. it also has many options for comfortable parking of cars.  

in the sale property market, prashanta nagar has currently 21 properties available most of which are 2 bhk apartments priced within the range of rs. 25.5 lacs to rs. 75 lacs. there are also other configurations available like 7 bhk houses. other than residential houses and apartments, the area has residential plots and villas available to the buyer. it is a posh locality and enjoys premium clientele and ambience, which is the reason why it has high demand in the residential and commercial market.  

the sale property market here has very few options. there are only 3 properties available here for sale all of which are 2 bhks within the range of rs. 70 lacs to rs. 1.40 cr. the locality has great demand of properties and he inventory is low. it is a premium locality with high priced properties and the deals are rare to miss.  the rental property market is also having limited number of properties on offer. there are currently 4 properties available for rent priced within arrange of rs. 6.5k to rs. 16k per month. the locality does not see much availability in residential properties owing to the high demand in this location that is premium, safe and very well connected.


key highlights

the area has great scenic views and although it is so close to the main road, it is still rich in greenery and good ambience.

it is a friendly neighbourhood that has many premium lifestyle options and restaurants for fine dining.


what’s great

great shopping malls and easy connectivity to all major landmarks of the city.

good roads and ample space for parking your car.


what’s not great

        traffic is a great problem here and all through the day commuting to this place means long signal times.


Watch out for?

in the prashant nagar area, there are many commercial and residential properties available. the locality is rich in plot and villa options and attracts investors in the real estate market. although it sees traction in rental spaces, it does not see quick movement in sale property market.


social infrastructure

a very good social and civic infrastructure is what makes this place high on demand amongst home buyers. it is well maintained and has great roads.


shopping complex & markets

·         gt world mall

·         shopper’s city

·         mantri square mall

·         westgate value mall

·         gopalan legacy mall

·         grand majestic mall

·         gopalan arcade mall

·         orion mall

·         aishwarya mall

·         hemender shopping centre

·         lulu global mall

·         forum mall

·         kr market

·         sla rice market

·         city market

·         pawan super market

·         mr. grocer – the market place

·         malleswaram market

·         siddarameshwara market

·         karnataka thota market


health care centers

·         bharathy hospital

·         kamadhenu hospital

·         shobha hospital

·         leprosy hospital

·         punya hospital

·         mahanagara palike health centre

·         sharavathi hospital

·         nandana health care services

·         gayathri hospital


connectivity & public transport

        the nearest bus stop to this place is prashanta nagara and Kamakshipalya.

        the closest metro station is vijayanagar and balgangadharanatha swamiji station.

        Bangalore central is the closest rail station from here

        there are many taxis and autorickshaws available here.


schools, bank & fitness centers

schools

government urdu lower primary school

max muller english school

harvard english high school

time kids preschool

cordial high school

roan international school

st rohit high school

theresa public high school


banks

        sbi

        bank of baroda

        icici bank

        canara bank

        axis bank

        hdfc bank

        the bharat co—operative bank


fitness centres

pushup bengaluru

fitness 9

fitness in-gym & health club

muscle impression gym

rajadhani gym

extreme gym

body stole gym

aditi fitness center

fitness firm

fitness 24/7

fitness planet

eagle fitness gym

im tba

orange fitness county gym

fitnessin gym


popular landmarks near locality

selvam industrial estate is a well known landmark here.

baalle hannu kere is a green area here you can enjoy with family and friends

government health care department office is in the vicinity to this area.


capital and rental trends

the area has great capital and rental trends and while there are always limited options in home buying available here, the price range is always increasing by leaps and bound and still leading to closed deals.


scope of growth

the locality has limited scope of growth since it is already having a saturated property market.


investment opportunities

the investment options here are limited owing to the already sold out spaces.

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