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Banashankari is located in South Bangalore on the junction of Outer Ring Road (ORR), Kanakapura Road and Mysore Road. It is one of the largest and most well-planned localities in Bangalore. It hosts premium and luxury villas, complexes, individual apartments, and residential properties with 1, 2, 3 and 4 BHK configurations.
Let’s take a detailed look at how the new projects in Banashankari Bangalore benefit from the neighbourhood.
Banashankari lies in close proximity to NICE and ORR and several industries. Strategically located along the Green Line Metro Station, it offers a range of location advantages.
The nearest railway station – Nayandahalli Railway Station – lies only 5 km away and is accessible via Outer Ring Road. The Namma Metro at Banashankari station, located 4 km away on the Green Line, ensures great connectivity with several locations.
Some of the most prominent employment centres are located nearby. These include The Global Village Tech Park at a distance of 8 km and Electronic City at a distance of 20 km.
Upcoming residential properties in Banashankari Bangalore will have access to 10+ schools (in a radius of 2 km), 10+ healthcare & medical facilities (within a radius of 2 km), over 10 restaurants (within 1 km), and shopping centres (within 6 km).
A plethora of commuting and transportation options are available. South End Circle Metro Station is 1.4 Km away from the locality, Rashtriya Vidyalaya Road Metro Station is 2.3 Km away, National College Metro Station is 2.3 Km away, J P Nagar Metro Station is 3.5 Km away, Ragigudda Metro Station is 3.7 Km away and Srinagar Bus Station is 3.9 Km away.
Banashankari is located 44 km away from the International Airport.
The locality is already known to garner ample rental demand. However, all the upcoming projects in Banashankari Bangalore are expected to grow the locality’s demand among tenants. Moreover, its close proximity to food, packaging and manufacturing industries has a direct impact on the rental market. With an 8.08% of the year-over-year increase, the average prices of residential properties in Banashankari Bangalore stand at Rs.8,390 per sq. ft. The average rent for residential apartments, on the other hand, is Rs. 40,133.
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