Shikaripalya, Bangalore

shikaripalya is an upscale residential locality nestled in Bangalore city. it has great demand due to its closeness to electronic city- a central commercial hub with several mncs. it is located to the south of the city. 
there are several other localities close to this place, such as hulimangala (5.05 km), rayasandra (5.6 km), bettadasanapura (6.61 km), and basapura (6.71 km). nowadays people prefer localities that are close to their workspace as it saves the time wasted in travel. hence, the real estate of this locality has experienced a boost to significant level.
shikaripalya also has a well-developed road system internally. reaching the nearby areas is very simple. the famous company of wipro technologies in electronic city is located in proximity to this locality. multi-story apartments primarily dominate the locality by 71%, residential plots by 14%, and residential houses by 15%.
there are 3 price groups in which the rates of this locality are divided. 43% of the properties listed for sale are in the price group of rs 20 lakhs to rs 40 lakhs, 43% are between rs 40 lakhs and rs 60 lakhs, and 14% in the price range of rs 80 lakhs to rs 1 crore.

key highlights
ideal locality for service class and family-oriented people.
travel time is saved as it is close to electronic city and the bommasandra Industrial Area.
the bangalore development authority (bda) is looking forward to upgrading the infrastructure in this locality.

what’s great
the locality has excellent provision for parking due to its open spaces.
excellent connectivity to other office spaces and essential places in the city via road, rail, and metro.
the locality is loaded with facilities to make living easy and fun for the residents.

what’s not great
traffic bottlenecks the roads during peak hours.

Watch out for?
the locality has every facility needed to live a carefree life. the prominent builders in the city have moved towards this area due to demand for real estate properties. some well-known realtors are ds-max properties pvt ltd, shriram properties ltd, snn builders, gopalan enterprises, arattukulam developers, and concorde housing.

social infrastructure
you will find ample of big companies in this locality. due to the presence of mncs, the overall ambiance of the locality is pretty modern. there are parks and lakes for the residents to chill on a relaxing day. other essential facilities of gyms, markets, restaurants, and hotels are also available at a close distance.

shopping complex & markets
"*siddeshwara vegetable and fruits
*fish shop
*veggie mart
*prazuchi
*hulimangala store
*nizam coconut shop

health care centers
"*maruthi clinic
*shree vinayaka multispeciality center
*srujana hospital
*best e city hospital

connectivity & public transport
"*the nearest metro stations from shikaripalya are yelachenahalli metro station, konanakunte cross metro station, and jaya prakash nagar metro station.
*the heelilage railway station and karmelaram railway station are the railway stations closest to this locality.
*furthermore, the locality has excellent connectivity via bus and cabs are also available. the bus stops in the locality are hazrath tipu sultan bus stop, shikaripalya bus stop, and elc wipro main gate bus stop.
*the kempegowda international airport is 62 km from this locality.

"schools:
*samsidh mlzs school
*juvairiah high school
*unique tot montessori
*shams school
*alphabet academy
*juzzkidz neotown
*mount kiddo pre-school
*lord’s public school
*little ville preschool
"    "schools:
*samsidh mlzs school
*juvairiah high school
*unique tot montessori
*shams school
*alphabet academy
*juzzkidz neotown
*mount kiddo pre-school
*lord’s public school
*little ville preschool

"banks:
*icici bank
*yes bank
*canara bank
*bank of india
*karnataka bank
*punjab national bank
*vijaya bank
atms of prominent banks
*state bank of india atm
*canara bank atm
*icici bank atm
*yes bank atm
*axis bank atm
*citibank atm
*hdfc bank atm

"fitness centers:
*moments fitness hub 2.0
*sweat zone gym
*wipro ec4 gym
*the arena
*workout plus

"popular landmarks near locality:
*wipro park
*concorde silicon valley
*neeladri nagar water park

capital and rental trends
"*2 bhk is the most common room configuration in shikaripalya. there are total 7 properties listed for sale in this locality. 3 bhk properties cost upto rs 85 lakhs, and 2 bhk properties are priced between rs 31.4 lakhs to rs 46 lakhs.
*for rental trends, 9 properties are listed for rent in this locality. 3 bjk properties are priced starting from rs 14,000 and can go up to rs 21,000. in contrast, 2 bhk properties cost between rs 12,000 and rs 16,500.

scope of growth
"*the authorities are making constant efforts for the development of the locality.
*shikaripalya has a well-developed infrastructure.
*there has been an increase in the real estate of this locality by 3.8% for the jan-mar 2021 quarter.
*the starting price in this locality is rs 2,804 and can go up to rs 6,087 per square foot.

investment opportunities
as the critical factor of the locality is its proximity to commercial hubs, the locality will continue to grow because of job seekers. shikaripalya is an excellent locality to invest in. the locality rates will increase after the re-opening of the country once the pandemic is over. hence, it is a wise decision to invest in the real estate of this locality.