Properties in Thanisandra emerges as favorable investment destination in Bangalore

Bengaluru News

Located in the Northern part of the Bangalore, Thanisandra has emerged as a property hotspot in recent times in the city. Due to rapid urbanization, and other infrastructural developments, the locality has become hot favourites among many working professionals who are looking to invest in property here and that too at budget-friendly rates.

Thanisandra is situated on the Outer Ring Road and hence enjoy smooth connectivity with areas such as Jakkur, Hebbal, HBR Layout, Hennur etc. Recently, the Thanisandra main road has been widened to 100 ft which has also been a major reason behind the booming realty market.

The locality is well connected by the surrounding areas via a thriving rail and road network. BMTC bus services are quite frequent here. Also, the international airport is just a distance of 20 minutes from the locality. Apart from it, proposed metro development in and around the surrounding IT Hubs like Whitefield and Electronic city will further propel the real estate market of the locality in the future.

Thanisandra is also home to many renowned educational institutions, shopping malls, hospitals and recreation centers like Sri Basaveshwara School, Blossoms International Play School, Nees Montessori Pre Primary School, Shangri-La, Hilton Ibis, and Novotel etc.

Due to the presence of leading IT parks in the vicinity, the locality is mainly favoured by IT professionals and working populations. While Manayata Tech Park is just 3 km away from the Thanisandra, KIADB Industrial area is just 15 km away from the locality. Apart from homebuyers, the area has also seen a flourishing rental community in present times.

At present, the average property price of the apartment here is Rs 5,903 per sq.ft. On the other hand, the rental rates for 1 and 2 BHK units hovers around 14,000 and 20,000 per month. Experts suggest that the pace at which the infrastructural developments are going around the area, the property prices are expected to show a steep jump in other 2-3 years at a percentage of 5-6%. Seeing the development, many leading developers are also coming up in this area to develop affordable, mid-segment and luxury housing projects.