The locality plays a pivotal role in deciding the market value of properties and thus Bengaluru, the capital city of Karnataka has become the best place to offer opulent living. In fact, the capacious housing units, options to choose independent houses, world-class amenities, connectivity and urban infrastructure are the things that matter the most at the time of evaluating an asset.
Down south, the areas like Rajajinagar, Malleshwaram, Richmond Town, Benson Town and Ulsoor are some of the most expansive localities in Bengaluru.
This is the number one locality to reside in the city as the infrastructure here is believed to be the best. The smart connectivity to Yeshwantpur-Rajajinagar-Malleshwaram corridor and its close proximity to Vijaynagar and Basaveshwar Nagar offer hassle-free travel to all corners of the city. Also, the availability of banks, educational institutions, hospitals and other entertainment arcades makes this a happening place to live in. The average capital value here is Rs. 12,370 per sq.ft.
This area is located in the northwestern part of the Bengaluru city and is one of the old localities. The fine blend of vintage and modern culture is the identity of the locality and the inclusion of commercial hubs like Sampiege Road and Margosa road make people fall for this location. The urban infrastructure has got new dimensions to the city with the introduction of Namma metro along with the Bengaluru International Airport and Yeshwantpur railway station. On an average, the capital value in this locality is Rs. 11,100 per sq.ft. The area has a maximum of independent homes and the calm environment here allows a person to enjoy the beautiful green atmosphere.
- Richmond Town
This is also one of the old areas of the Bengaluru city. The availability of educational institutions, recreational areas, religious places and hospital some key features of this locality. Apart from this the area also has close proximity to Brigade road, MG road, Hosur road, and Richmond road. Both the road and metro connectivity to this locality is the biggest plus point of this area. The average capital value here is Rs. 11,090 per sq.ft.
- Benson Town
Located in the northeast of the Bengaluru city, this is the richest area as even the monthly rental figure here touches the count of 5 or 6. The locality also has some Government offices, industries and is also close to Brigade road, MG road and Commercial street. The location has three main roads that include Cinappa Garden road, Netaji road and Basaveshawara main road. The average capital value here is Rs. 9,300 per sq.ft.
This is a centric location and named after the biggest lake in the city i.e. the Lake Ulsoor. The locality is blessed with lush green environment, superb connectivity and multiple amenities. The area has an average capital value of Rs. 10,000 per sq.ft.