Bannerghatta Road in South Bangalore, India’s flourishing IT powerhouse, is ripe for investment. This long stretch has enticed numerous renowned developers, including Nandi Housing, to join the mix, with various infrastructure developments in the works and a variety of facilities.
Bannerghatta Road in Bangalore is a popular choice among homeowners and investors due to its abundance of chances to be close to nature while remaining close to the lively city life. The neighborhood has various mid-segment and luxury home developments by reputable developers, such as Nandi Home, who just released a project called Nandi Meraki, which includes a variety of residential options.
Furthermore, the proximity to well-known locations such as Lakkasandra Extension, Hosur Road, and Lakkasandra contributes to Bannerghatta Road’s popularity. Whether you’re looking for rental income or a comfortable living, Bannerghatta Road has it all in peaceful surroundings. Continue reading for more information on Bannerghatta Road in South Bangalore.
The presence of reputed developers
A prime location such as Bannerghatta Road offers something for every customer. From luxury residences to eco-friendly housing, this area is home to many new developments that are poised to set a standard. For example, Nandi Meraki by Nandi Housing is a new launch project that aims to revolutionize sustainable living. In an age of decreasing natural resources, this project’s 400 Kwp rooftop solar PV panels promise to reduce energy expenses in common areas by up to 70% and home rates by 30%. Their other green projects, which emphasize nature living, include roughly 59% open space and access to a stunning 14-acre lake.
Nandi Meraki is divided into four blocks, the first of which is already for sale. Block 1 is scheduled for completion in 2025, with the full project likely to be completed by the end of 2027. Block 1 offers 1 BHK, 2 BHK, 2.5 BHK, and 3 BHK flats with prices starting at Rs 10,000/- per square foot. This RERA-registered project is located on an 8-acre plot of land and consists of four distinct blocks that include 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 available inventory 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 greener and cleaner lifestyle by offering a temperature-controlled swimming pool, gym, multipurpose courts, sand bed walkaway, and aqua lounging alcove, among other attractions.
 Improved connectivity
The Bannerghatta Road is a 49-kilometre route that connects major neighborhoods such as Electronic City, Jigani, JP Nagar, and BTM layout, among others. As a result, owning a house here means having easy access to all amenities and places of employment. Investing in a new launch project along this road, such as Nandi Meraki, would also provide buyers with lower entry prices and a first-mover advantage in selecting a chosen unit based on floor level, views, and location.
Important connectivity linkages near Bannerghatta Road
- The National Highway 48 and Bangalore City Railway Junction are within 10 miles of the stretch.
- The Bannerghatta route is an arterial route that links to SH-87.
- The nearest metro stations are Thalaghattapura Station on the Namma Metro’s Green Line and the forthcoming Kalena Agrahara Station on the Pink Line.
- Bannerghatta Anekal Road provides easy access to Heelalige Railway Station, which is around 15 km away.
Ample social amenities
The proximity and uninterrupted connectivity to prominent residential and business districts have increased entertainment, retail, and healthcare centers near Bannerghatta Road. The table below highlights the major facilities 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 |
thriving employment opportunities
Bangalore is famed for its never-ending traffic, but living close to your workplace can be one of the benefits Bannerghatta Road inhabitants reap. A modest 30-minute commute can bring office workers closer to IT behemoths such as Wipro, HSBC, Infosys, Honeywell, Siemens, EY, Oracle, and Accenture. Proximity to major employment areas such as Jigani Industrial Area and Electronic City are additional benefits.
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Prevailing price patterns
Bannerghatta Road has seen consistent expansion over the last five years, and the proposed developments are likely to continue that trend. The table below shows the property price growth along 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 real estate demand rises along the Bannerghatta stretch, the need for better and more convenient commuting routes has been stressed. Proposed infrastructure plans show three key improvements in the future. These include—
• The Namma Metro Pink Line will open by 2025. This line will connect the Kalena Agrahara Station on South Bannerghatta Road with the Nagawara Station on the Outer Ring Road in the north.
• The Bangalore Suburban Train Network proposes to provide train connectivity to Bannerghatta Road with the projected Sampige and Kanaka Lines.
• A proposed flyover between Ittamadu and Kamakhya Junction intends to alleviate traffic congestion along the Bannerghatta-Mysuru Road.
Real Estate Potential of Bannerghatta Road
Bannerghatta Road has both mid-segment and high-end housing options for investors seeking a consistent income from their properties. Bannerghatta Road experiences high rental demand due to its proximity to key job areas and social and leisure centers. According to 99acres, 3 BHK configurations are the most popular option, with monthly rentals ranging from Rs 65,000 to Rs 98,000.
Rent for 2 and 2.5 BHK flats typically ranges from Rs 17,000 to Rs 21,000 per month or more. These vary depending on the furnishing quality and age of the home. Undoubtedly, newer developments, such as Nandi Meraki, furnished with a plethora of modern amenities, may attract more tenants and higher rents, as most renters prefer to live in a recently constructed property because it requires less maintenance.
Even while South Bangalore is well-known for its rapid IT development, the old-world beauty of this corporate sanctuary has made locales like Bannerghatta Road attractive. This route, located near nature, provides good access to major employment and recreation destinations. However, home purchasers should proceed with caution and invest only in RERA-registered properties built by builders with a proven track record of delivering quality projects on schedule.