uttarahalli, Bangalore is a locality in the city of bangalore in the state of karnataka. the locality is a neighbor to the localities of subramanyampura, ittamadu, jp nagar, and banashankari. the sub-localities of uttarahalli include – uttarahalli hobli, hms layout, arehalli, vipra shree, gowdanapalya, and simhadri layout. uttarahalli is named after the titular uttarahalli lake present in the locality along with two other lakes.
several parks and playgrounds in the area. the largest and the most important of them are - bhcs bbmp park, the sewa park, and nh playground.
the lakes in the locality – dorekere lake, gaudanakere, and uttarahalli lake and the lakes nearby – subramanya lake and the isro layout lake provide stunning vistas but also a regular supply of water in the area. these lakes also moderate the climate of the area.
the locality is well connected to the rest of bangalore via bus routes. the locality also has its bus stations to facilitate this connectivity - uttarahalli bus station and the subramanyapura bus stations.
excellent infrastructure in the area, including well-laid-out colonies, several educational institutions, and commercial markets.
several facilities available for sports in the area.
plenty of religious institutions in the area for community interactions.
whats not great?
the locality is in danger of flooding during heavy monsoons due to its vicinity with several lakes.
heavy traffic jams in the area
lakeview properties in the simhadri layout, gowdanapalya, vibrashee, and hobli sub-localities
several residential houses and housing plots are available at the arehalli sub-locality.
property rising factor
many housing projects are being undertaken in the area, such as – the infinity, mr sannidhi, roshan gardenia, prestige lake ridge, sri vara vivanta, ds max sista nest, sukh samriddhi spring, pride springfield, and nandi shelters.
the commercial potential of the properties near the bangalore- mysore expressway
the presence of several lakeside and lake view properties in the area. the demand for such properties has increased in recent years.
the locality has several lake-view dining restaurants – rajathadri palace, dal-vicious, sri laxmi restaurant, etc. there are also two theatres in the area - balaji theatre, shrinivas theatre. for sports lovers, there are – television artists sports club and aptha badminton club in the area.
nilgiris supermarket, 6th main road, hms layout
big basket store, ittamadu 2nd main road
vishal mega mart, near chikkalasandra post office
pratham arogya kendra gov hospital, near uttarahalli lake
st. marthas hospital, uttarahalli circle
sparsh childrens hospital, near dorekere lake
the area lies to the west of the metro green line. it is accessible by Doddakallasandra, konankunte cross, jp nagar, and yelachenahalli metro stations, all located within a 5 km circle of the locality.
uttarahalli bus station, uttarahalli circle
subramanyampura bus station, near subramanyampura police station
lies near the bangalore mysore expressway
kumaran school,near uttarahalli lake
brightway school, 10th crossroad, uttarahalli hobli
new millennium public school, near bbmp park
subramanyampura police station
the property market in uttarahalli, bangalore, mainly consists of residential apartments, which makes about 70-77% of all the offerings.
the remaining offerings are covered by residential plots (8%) and builder floor apartments (9%), and the rest being commercial office spaces and villas.
the most popular room configuration for the apartments is 3 bhk (50%) and 2 bhk (41%), the rest being covered by a mix of 1 bhk, 4 bhk, and 5 bhk apartments.
the price range of residential plots is about inr 50,000 to inr 75,000 per sqft, which averages out to be inr 62,000 for most of the properties
the price range of multistory apartments is about inr 4,500 to inr 6,800 per sqft, which averages out to be inr 5,500 for most of the properties
2 bhk is the most common apartment configuration for renting purposes.
the average rent for 2 bhk apartments starts at inr 15,000 and can go as high as inr 25,000, depending upon locality.
the residential plot prices in the area have seen about 3% growth in the last quarter of fy 2020-2021.as compared to the last quarter of fy 2019-2020. the prices are expected to continue this momentum in the fy 2021-2022.
prices of multistory apartments have seen an increase of about 4% in the last quarter of fy 2020-2021 compared to the last quarter of fy 2019-2020. the prices are expected to fall to 2% in fy 2021-2022 due to the multitude of new apartment projects being undertaken in the area.
investment in the lake-view commercial or residential properties is a sound investment decision.
investment opportunities in the commercial properties near the expressway.
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