Why is Bannerghatta Road the Best Choice to invest in Bangalore?

Bannerghatta Road in South Bengaluru, India's emerging IT powerhouse, is suitable for investment. This long stretch has attracted many renowned developers, including Nandi Housing, to join the mix, with many infrastructure developments and various amenities in the pipeline.

Bannerghatta Road in Bengaluru is a popular choice among homeowners and investors as it offers ample opportunities to live close to nature as well as bustling city life. The neighborhood features several luxury and mid-segment housing developments by renowned developers such as Nandi Homes, who recently launched a project called Nandi Meraki, which includes a variety of residential options.

Furthermore, the proximity of famous places like Lakkasandra Extension, Hosur Road, and Lakkasandra contributes to the popularity of Bannerghatta Road. Bannerghatta Road provides all you need for a pleasant living in a serene setting, including rental income. Read on to learn more about Bannerghatta Road in South Bengaluru.

Presence of reputed developers.

A prime location like Bannerghatta Road offers something for every customer. From luxury residences to eco-friendly homes, the area is home to many new developments that are set to set a benchmark. For example, Nandi Meraki by Nandi Housing is a newly launched project that aims to revolutionize sustainable living. In an era of diminishing natural resources, this project's 400 kW rooftop solar photovoltaic panels promise to reduce energy costs in common areas by up to 70% and residential rates by up to 30%. Their other green projects, which emphasize living in nature, include approximately 59% open space and access to a stunning 14-acre lake.

Four blocks make up Nandi Meraki, the first of which is now for sale. Block 1 is planned to be completed in 2025, and the entire project is likely to be completed by the end of 2027. Block 1 has 1 BHK, 2 BHK, 2.5 BHK, and 3 BHK apartments available with prices starting from Rs 10,000 per sq ft., This RERA registered project is situated on 8 acres of land and consists of four distinct blocks including five-story low-rise structures. The RERA number for Nandi Meraki is RM/KA/RERA/1251/310/PR/311222/005573.

The table below highlights the list available in Nandi Meraki.

Unit configuration

Super-built area

Apartment pricing

1 bhk (with balcony)

715-725 sq ft

Starting Rs 71.5 lakh

2 bhk (with balcony)

1075-1120 sq ft

Starting Rs 1.07 crore

2.5 bhk (with/without balcony)

1120 sq ft (without balcony)

1590 sq ft (with balcony)

Starting Rs 1.12 crore and Rs 1.59 crore

3 bhk (with balcony)

1660- 1950 sq ft

Starting 1.66-1.95 crore


Nandi Meraki promotes a green and clean lifestyle by offering a temperature-controlled swimming pool, a gym, multi-purpose courts, a pedestrian area with sand beds, and an aquatic lounging space, among other attractions.

Better connectivity

Bannerghatta Road is a 49-kilometer route that connects important localities like Electronic City, Jigani, JP Nagar, and BTM. As a result, owning a home here means easy access to all amenities and workplaces. Investing in newly launched projects like Nandi Meraki on this road will also provide buyers with a low entry price and first-mover advantage in a unit chosen based on floor level, view, and location.

Important Connectivity Links near Bannerghatta Road

National Highway 48 and Bengaluru City Railway Junction are 10 miles away from this stretch.

Bannerghatta Road is a main road that connects to SH-87.

The nearest metro stations are Thalaghattapura station on the Namma Metro Green Line and the upcoming Kalena Agrahara station on the Pink Line.

Bannerghatta Anekal Road provides easy access to Heelalige Railway Station, which is approximately 15 km away.

Comprehensive social facilities

Proximity and seamless connectivity to major residential and commercial districts have led to growth in entertainment, retail, and health care centers near Bannerghatta Road. The table below highlights the main amenities available near Bannerghatta Road.

Social amenities along Bannerghatta Road

   

Education

Health

Recreational Spots

BGS National Public School

Fortis Bannerghatta

Bannerghatta National Park

Methodist Church School

Apollo Bannerghatta Healthcare

Bannerghatta Safari

Greenwood High School

Krishna Nursing Home

Lalbagh Botanical Garden

Silicon Valley School

Sree Venkateshwara Speciality Hospital

Thotikallu Falls

AMC Engineering College

Santhigiri Ayurveda

Cave Temple

T.John College

Noble Multispeciality Hospital

Ulsoor Lake

Employment opportunities are increasing

Bengaluru is famous for its endless traffic, but living close to your workplace can be one of the benefits Bannerghatta Road residents enjoy. A modest drive of 30 minutes can bring office workers closer to IT giants like Wipro, HSBC, Infosys, Honeywell, Siemens, EY, Oracle, and Accenture. Proximity to major employment areas like Jigani Industrial Area and Electronic City is an added advantage.

Prevailing price pattern

Bannerghatta Road has seen steady expansion over the last five years and the proposed development is likely to continue that trend. The table below shows the growth in property prices on Bannerghatta Road over the last three to five years.
 

Locality

Current Price/ Sq ft

Price appreciation in the last 3 years

Price appreciation in the last 5 years

Bannerghatta Road

Rs 6,050

12%

22.20%


As the demand for real estate in the Bannerghatta area is increasing, the need for better and more convenient transportation routes has been emphasized. The proposed infrastructure plans show three major improvements going forward. This includes-

• Namma Metro Pink Line to open in 2025. This line will connect Kalena Agrahara station on South Bannerghatta Road to Nagawara station on the Outer Ring Road in the north.

• Bengaluru Suburban Rail Network proposes to provide rail connectivity to Bannerghatta Road with the planned Sampige and Kanaka lines.

• The goal of the proposed flyover between Kamakhya Junction and Ittamadu is to reduce traffic on the Bannerghatta-Mysuru Highway.

Bannerghatta Road Real Estate Potential

Bannerghatta Road has mid and high-segment housing options for investors looking for stable income from their properties. Because of its close proximity to important job centers as well as social and recreational hubs, Bannerghatta Road is seeing a high demand for rentals. According to 99 Acres, the 3 BHK configuration is the most popular option, with monthly rent ranging between Rs 65,000 to Rs 98,000.

Rents for 2 and 2.5 BHK flats usually range between Rs 17,000 to Rs 21,000 per month or more. These vary depending on the quality of the furniture and the age of the home. Certainly, new developments like Nandi Meraki equipped with many modern amenities can attract more tenants and higher rents, as most tenants prefer to live in a recently built property as it requires less maintenance.

While South Bengaluru is known for its rapid IT growth, the old-world charm of this corporate sanctuary has made places like Bannerghatta Road attractive. Located close to nature, this route provides good access to major employment and entertainment destinations. However, home buyers should proceed with caution and invest only in RERA-registered properties built by builders with a proven track record of delivering quality projects on time.

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