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2.5 BHK flats in Kanakapura
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About Properties In Kanakapura, Bangalore for Sale
Overview of Kanakapura
- Kanakapura is a rapidly developing locality in the southern part of Bangalore city.
- Kanakapura comes under the Ramanagara district in the state of Karnataka.
- The locality mainly offers premium and mid-segment localities.
- Anjanapura, Talagattapura, Kumaraswamy Layout, Konankunte, JP Nagar, and Banashankari are the localities near Kanakapura.
- Kanakapura was previously known as Kanakanahalli.
- The locality, being close to some important IT centres, is a prime location in the city. This makes Kanakapura an ideal investment destination.
- Kanakapura is famous for its silk production and granite industries.Â
- The pincode of Kanakapura is 562117.
Kanakapura Residential Market Insights
- The average property price in Kanakapura ranges from ₹ 8,000 to ₹ 10,000 per sq. ft.
- The average price of a 1 BHK apartment in Kanakapura ranges from ₹ 50 lakh to ₹ 80 lakh.
- The average price of a 2 BHK apartment in Kanakapura ranges from ₹ 70 lakh to ₹ 95 lakh.
- The average price of a 3 BHK apartment in Kanakapura ranges from ₹ 1 crore to ₹ 2.5 crore.
- The average price of a 4 BHK apartment in Kanakapura ranges from ₹1.5 crore to ₹ 4 crore or more.
- The average rental price in Kanakapura ranges from ₹ 20,000 to ₹ 40,000 monthly or more.
- The average price of land plots in Kanakapura ranges from ₹ 3,500 to ₹ 5,000.
- The presence of IT corridors and a good transportation network has increased rental demand in Kanakapura.
- Kanakapura mainly offers premium to mid-segment residential properties.
- Prices of properties may vary based on certain factors such as apartment configuration, exact carpet area, location, scenic advantages, etc.
- These properties are available in both ready-to-move and under construction conditions.
- Several reputed builders and developers have a presence in Kanakapura.
Connectivity and Transport In Kanakapura
- Kanakapura enjoys excellent metro connectivity through multiple metro stations close to the locality. The green metro line of the Namma metro network directly benefits Kanakapura as it passes through the Kanakapura road area.
- Also, the Lalbaug metro station on the Green metro line is very close to the locality.
- Kanakapura also has good railway connectivity. It has its designated Kanakapura Railway station that connects the locality to important parts of the city.
- Other than that, Kanakapura also enjoys good railway connectivity through the Bangalore City Junction Railway station, which is just 5 km from the locality.
- The Kempegowda International Airport is around 35 km from Kanakapura. It is easily accessible due to excellent road connectivity.
- Kanakapura is located around an hour's distance from the centre of Bangalore.Â
- Kanakapura Main Road, Vanivilas Road, Mysore Road, NICE Ring Road, and Outer Ring Road are key connectors to the locality.
Social Infrastructure In Kanakapura
- Kanakapura has well-equipped health centres in and near the locality for medical emergencies. Government General Hospital, City Primary Health Centre, and Kanaka Hospital are some of them.
- Sri Nethaji International Public School, St. Thomas School, Gangothri Public School, and St. Thomas PU College of Science & Commerce are some nearby educational institutions.
- Kanakapura is close to Nexus Mall Koramangala, Forum Falcom City Mall, Royal Meenakshi Mall, and Gopalan Innovation Mall.Â
- Kanakapura provides good essential retail services since it is close to key retail centres such as Gandhi Bazaar and DVG Road.
Employment Opportunities In Kanakapura
- Kanakapura is well known for being strategically placed close to major IT hubs in the city of Bangalore. This allows an abundance of employment opportunities and a rise in demand for properties.
- The locality of Kanakapura is close to prominent business areas such as the IBC Knowledge Park, Bidadi Industrial Area, Global Village Tech Park, and Kalyani Magnum Tech Park. These tech parks bring economic growth to the locality.
- These business parks are home to renowned commercial companies such as IBM, Mascon, Honeywell, Toyota, Featherlike, Mindtree, Honeywell, Oracle, Hindustan Unilever, Coca Cola, Accenture, etc.
- The key roads, such as NICE Ring Road and Outer Ring Road, that connect to Kanakapura are accessible to prominent IT zones like ORR, Sarjapur Road, and Electronic City.
- Other than that, Kanakapur is a famous hub for granite and silk production. Moreover, a number of other rural industries are also present here.Â
- Kanakapur has experienced an increase in rental demand since professionals are seeking residences here.
Lifestyle In Kanakapura
- Kanakapura is a perfect blend of an urban lifestyle and a serene, traditional environment. Along with the proximity to major commercial areas, the locality is also home to several wildlife sanctuaries, waterfalls, and green zones.
- Kanakapura is a well-known locality for its jungle safaris and wildlife.Â
- The Bheemeshwari Wildlife Sanctuary is a major attraction here. It is also easily accessible through the Kanakapura-Kollegal Highway.
- Along with that, there are also other wildlife sanctuaries such as the Kaveri Wildlife range, Banerghatta National Park, Mugur Wildlife range, etc.
- The locality is also surrounded by some hills and trekking trails where people visit on weekends. The Bilikal Rangaswamy Betta is one of them. It is the highest point of Kanakapura that has a scenic view and a peaceful environment.
- Other popular attractions are Mekedatu and Chunchi Falls, which have mystical waterfalls.
- October to March is the best time to visit Kanakapura. The climate is cool here during these months and visitors can enjoy tourist spots and adventure activities without any hassle.Â
- This locality is a beloved getaway spot for wildlife lovers, nature enthusiasts and trekkers.
Safety and Security In Kanakapura
- Kanakapura has several police stations in close proximity to take care of the public safety.
- Proper safety measures are taken here to ensure safety, avoid criminal activities and illegal incidents.
- Roads and streets are equipped with proper lights, CCTV cameras and surveillance, especially at night.
- Regular police patrolling is observed here to ensure maximum safety of the residents.
Development and Future Prospects In Kanakapura
- Kanakapura is set to experience various developments in terms of connectivity, infrastructure, residential, and commercial improvements.Â
- The existing green metro line is planned to be extended under Phase 2 of the Namma metro. This line will connect major hubs like Yelachenahalli and Anjanapura, passing through the Kanakapura Road.
- Road networks are being planned to be elevated, starting with the Banashankari to NICE Highway corridor.Â
- These road and metro extensions will further improve the demand for the locality in the real estate market.
Culture and Community in Kanakapura
- Kanakapura is known for preserving its cultural heritage.Â
- There are various local temples, cultural centres and spiritual hubs in the locality which bring it together as a community.
- Some famous temples close to the locality are the Bull Temple, Shri Anjaneya Swami Temple, Shivgiri Kshetra Shivalinga Betta, Ramanagaram temple, etc.
- Also, the popular Art of Living Centre is located close to the locality. This place is a destination of pure solace, close to nature, offering peace and tranquillity for visitors.
Environmental factors in Kanakapura
- The locality of Kanakapura is considered to be relatively greener compared to its neighbouring localities.
- Kanakapura is situated amongst several natural bodies such as rivers, hills, waterfalls, scenic green landscapes, etc.
- It is also home to many wildlife sanctuaries that preserve the flora and fauna, maintaining an ecological balance.
- The locality is a hidden gem for trekkers, hikers and nature lovers and perfect for a weekend getaway from the hustle of city life.
Flat Configuration in Kanakapura
- Kanakapura offers a range of 1 BHK, 2 BHK, 3 BHK, and 4 BHK properties.
- These properties are available in both under construction and ready-to-move conditions.
- 2 BHK properties are most popular in Kanakapura.
- Kanakapura mainly has premium and mid-segment housing properties. But it also offers some flats at affordable rates.
- The locality primarily offers apartments, but other properties like independent floor apartments, villas, and land plots are also quite popular here.
Property Price Growth in Kanakapura
- Kanakapura has witnessed a consistent price growth of up to almost 62% in the last 5 years.
- Whereas there has been a 15% property price appreciation in the last 3 years.
- The YOY property price growth in Kanakapura has been around 10%.
- Also, a rental yield of around 4% has been achieved due to an increased demand for rental properties.