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Uttarahalli, Bangalore

Pin Code 560061
4.1

About Uttarahalli

uttarahalli, 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. 

key highlights

  • 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.

whats great?

  • 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

  • Watch out for?

  • 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

  • short term

  • 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.

  • long term

  • 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.

other highlights

  • social infrastructure

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.

shopping complex & markets

  • nilgiris supermarket, 6th main road, hms layout

  • big basket store, ittamadu 2nd main road

  • vishal mega mart, near chikkalasandra post office

  • health care centers

  • pratham arogya kendra gov hospital, near uttarahalli lake

  • st. marthas hospital, uttarahalli circle

  • sparsh childrens hospital, near dorekere lake

  • connectivity & public transport

  • the area lies to the west of the metro green line. it is accessible by , 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

  • schools, bank & fitness centers

  • kumaran school,near uttarahalli lake

  • brightway school, 10th crossroad, uttarahalli hobli

  •  new millennium public school, near bbmp park 

  • popular landmarks near locality

  • subramanyampura police station

  •  dorekere lake.

  • uttarahalli lake

  • godanakere lake 

micro market analysis

  • capital and rental trends

  • 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.

  • scope of growth

  • 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 opportunities

  • investment in the lake-view commercial or residential properties is a sound investment decision.

  • investment opportunities in the commercial properties near the expressway.

Map of Uttarahalli, Bangalore

Uttarahalli Bangalore Map
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