tilak nagar Bangalore is an upscale locality in the jayanagar area of south bangalore. tilak nagar is a mix of residential and commercial properties within the administration of bruhat bengaluru mahanagara palike (bbmp). the localitys inherent advantages sustaining modern lifestyle is the primary reason for its popularity among real estate buyers. about half the properties are up for sale in the price ranging from rs.80 lakhs to rs.1 cr, while the other half is priced above rs.1 cr. the rental properties are evenly distributed in the range of rs.10k to rs. 15k and rs.15k to rs.20k. almost 40% of the available tilak nagar rental properties posted by individuals are commercial.
tilak nagar in bangalore has remarkably similar affluent localities in the neighbourhood like jayanagar, btm layout, padmabhanagar, and basavanagudi. these areas share a matching outlook with tilak nagar in its property composition and physical and social infrastructure. Bannerghatta Road and hosur road in proximity is the key to the localitys connectivity. simultaneously, the neighbourhood orr and sarjapur road are critical to tilak nagars economic health.
tilak nagar is strategically placed, reaching bangalore city railway station in 40 minutes. the nearby metro link is further planned to be strengthened by the upcoming yellow line, with a completion timeline in 2023. it shall act as the primary conduit to the electronic city, virtually indias it capital. the essential neighbourhood business parks are prestige blue chip software park, subramanya arcade, technopolis, ibc knowledge park, hosting such it giants like oracle, accenture, infosys, and ibm, among many others.
tilak nagar residential property constitutes independent houses and villas interspersed with low and mid-rise housing complexes. some of the neighborhoods notable housing projects are snn raj lake view, green city eutopia, sobha opal, and aahika apartments. the rich social and retail infrastructure supports tilak nagars affluent patrons with a rewarding living experience. no wonder the locality is rated very good by the stakeholders in crucial environmental and social infrastructure parameters.
key highlights:
tilak nagar is a famous upscale locality in the jayanagar area of south bangalore.
a mix of residential and commercial properties marks the locality.
the locality is known for its robust physical and social infrastructure matching the preferences of the well-heeled clientele.
tilak nagar is well connected with bangalores employment and commercial hotspots, especially the business and it parks.
the locality is already on the metro map, which passes through the nearby localities and is likely to be further augmented through the under-construction yellow line.
tilak nagar residents have to suffer regular traffic jams during office hours.
the nearby localities are prone to water-logging after heavy showers.
Watch out for?:
the completion of the yellow line (rv- bommasandra) and the orr line (silk board-kr puram) with a timeline of 2023 will lead to a super boost in connectivity.
property rising factor
short term:
excellent connectivity to different parts of bangalore
proximity to the economic hotspots of bangalore
long term
augmented physical infrastructure for seamless connectivity
sound social and retail infrastructure.
other highlights:
social infrastructure:
tilak nagar residents have easy access to sound social and retail infrastructure in the vicinity. markets and supermarkets cater to daily needs, and the nearby malls well sustain fancy shopping. the area has reputed schools and colleges within easy reach and several hospitals to cover medical emergencies. tilak nagar has a good number of eateries in the vicinity for a fine dining experience.
shopping complex & markets:
klm fashion mall.
the forum mall.
gopalan innovation mall.
bangalore central mall.
health care centers:
sagar hospital.
sri jayadeva institute of cardiovascular sciences.
sanjay gandhi hospital.
health india hospital.
connectivity & public transport:
tilak nagar enjoys good road connectivity to different significant destinations in bangalore. the closest railway stations are the bangalore city junction and the bangalore cantt. the locality is also served by the metro green line station, reachable in 15 minutes. the bmtc provides frequent bus service to form the mainstay of the residents primary commute option. auto-rickshaws sustain the areas local navigation.
schools, bank & fitness centers:
schools:
carmel convent high school.
motherland school.
sudarshan vidya mandir.
huda national school.
banks:
icici bank.
bank of baroda.
canara bank.
state bank of india.
royal bank of scotland.
fitness centers:
golden fitness gym.
body vigyan.
iconic fitness.
121 premium fitness studio.
popular landmarks near locality:
sri shirdi saibaba anand ashram.
masjid-e-eidgah bilal.
cubbon park
mini forest.
freedom park.
micro market analysis
capital and rental trends
property prices in tilak nagar range from rs.2375 to rs.17292.
a 2 bhk residence is available for sale at rs.1.65 cr.
a similar-sized rental accommodation costs rs. 14k to rs.19k.
almost 75% of sale properties in tilak nagar are residential houses posted by individuals.
the locality has posted a decrease of 6.5% during the oct-dec 2020 quarter compared to the july-sep quarter.
scope of growth:
sound physical and social infrastructure to sustain a modern living experience
expected completion of an under-construction metro link to boost connectivity further
investment opportunities:
the available trends indicate that investors can invest in 2-bhk apartments in this area.