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Flats Under 2 Crore for sale in Neeladri Nagar Electronic City, Electronic City, Bangalore
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Overview of Electronic City
- Electronic City is one of the leading and well-planned IT Hub in South Bangalore.
- It is spread across 332 acres and houses numerous multinational IT and ITES Companies.
- Electronic City is emerging as a residential area and offers a range of housing options.
- The locality boasts excellent connectivity and has seamless access within the city.
- Important social infrastructure and facilities are within proximity, offering convenience.
- With the ongoing rapid developments, Electronic City is expected to witness a booming Real Estate Market.
- The PIN Code of Electronic City is 560100.
Electronic City Residential Market Insights
- The average cost of flats in Electronic City is ₹ 6,800 per sq. ft.
- Electronic City Residential Market comprises a variety of properties from high-rise apartments to villas, followed by plots.
- Housing properties in Electronic City are available in Mid-segment and Premium Budget.
- The average price of 1 BHK flat in Electronic City can range from ₹ 30 lakh to ₹ 74 lakh.
- The average price of 2 BHK flat in Electronic City can range from ₹ 45 lakh to ₹ 98 lakh.
- The average price of 3 BHK flat in Electronic City can range from ₹ 65 lakh to ₹ 1.60 crore.
- The average price of 4 BHK flat in Electronic City can range from ₹ 1.40 crore to ₹ 2.10 crore.
- It is important to note that property prices may vary depending on the exact location of the project, the builder’s reputation, and the type of property.
- Proximity to key IT and Commercial giants attracts the majority of working professionals and makes Electronic City the best rental location.
- The average monthly rental price in Electronic City is ₹ 9,500 to ₹ 71,000.
Connectivity and Transportation In Electronic City
- Electronic City Metro Station is just 5 km away and benefits local daily commuters.
- Electronic City Metro Station is on the Yellow Line of Namma Metro and connects from RV Road to the Bommasandra area.
- Electronic City is strategically located and is well-connected to other prominent areas in South Bangalore.
- Nearest Railway Station to Electronic City is Heelalige Railway Station. It is located around 9 km away from the locality.
- Areas like South Bengaluru HSR Layout, Bommanahalli, Harlur and Bommasandra Industrial Area are within the vicinity of Electronic City.
- Key road in Electronic City is NH-44 (Bengaluru-Chennai Highway) and offers a vast connectivity to the locals.
- Other important roads accessible to Electronic City are Hosur Road, Electronic City Flyover, and NICE Ring Road.
- Kempegowda International Airport, Bangalore, is around 1 hour and 50 minutes away from Electronic City. It benefits the individuals travelling long distances.
Social Infrastructure In Electronic City
- Reputed Hospitals in Electronic City are Springleaf Hospital, Pralaksha Hospital, E-City Hospital, Sri Laxmi Hospital, and Kauvery Hospital.
- Various Educational Institutions near Electronic City are ISBR Business School, St.Francis De Sales College, PES Institute of Technology (South Campus), and Sorsfort International School.
- Malls and Shopping Centers near Electronic City are Metro Mall, Sri Manikanta Shopping Complex, MMR Shopping Complex, Max Fashion Store, and M5 Mall. They offer a variety of options to fulfill the shopping needs of the residents.
- Marketplaces near Electronic City are Reliance Smart Bazaar, DMart Electronic City, Family Xpress Supermarket, Grandmart Hypermarket, etc. These offer locals quick access to daily necessities.
- Hotels near Electronic City are The Oterra Hotel, Hotel Fortune Suites, Western Silicon Hotel, and Celebrity Hotels & Suites. These are known to offer high-quality accommodations.
Employment Opportunities In Electronic City
- Electronic City Bangalore, is famous as one of India’s largest IT Hubs, as it is home to over 150 IT/ ITES Companies. This offers locals a huge employment opportunity.
- Numerous Multinational Companies in Electronic City include Infosys, Wipro, TCS, and Tech Mahindra.
- Other major employment hubs like Salarpuria Infozone, Cyber Park, and Gold Hill Supreme Park also operate within easy access from Electronic City.
- Key Industrial Areas like Bommasandra and Jigani are just 6 km away from Electronic City. This further boosts the job availability for the residents here.
Lifestyle In Electronic City
- Electronic City is a well-planned locality and offers a highly convenient lifestyle.
- The locality offers residents easy access to essential amenities like Hospitals, Schools, Marketplaces, Recreational places, Entertainment Options, etc. This makes Electronic City a good place to live in.
- The presence of several giant companies and IT hubs offers working professionals in Electronic City a good work-life balance experience.
- Various restaurants in Electronic City are Beijing Bites Restaurant, Thalassery Restaurant, Paradise Biryani Restaurant, Nandanam Restaurant, etc. These restaurants are rated satisfactory and offer a delectable dining experience.
- Recreational facilities in Electronic City are VRR Astoria Resort & Convention Center, Sri Venkateshwara Theatre, Justplay Sports Club, and Gold Coins Club & Resort.
- There are many gardens and parks near Electronic City, allowing residents to unwind, relax, or simply enjoy a walk.
Safety and Security In Electronic City
- Electronic City is one of the safest localities situated in Bangalore.
- There are several police stations within easy reach of locals.
- Police rounds are conducted regularly in the locality to ensure the security of the residents is well maintained.
Development and Future Prospects In Electronic City
- Upcoming Bangalore Suburban's Kanaka Line will benefit Electronic City significantly.
- Huskuru and Singena Agrahara suburban stations will enhance the connectivity in Electronic City.
- Electric Flying Taxis are planned to help travel from the Airport to Electronic City.
- Ongoing development of the Peripheral Ring Road is expected to reduce traffic in this locality and offer a quick travel time.
Cultural and Community In Electronic City
- Electronic City is home to diverse populations, especially working professionals from across the World. Hence, the locality fosters a vibrant community.
- Various religious places in Electronic City are Thimmarayaswamy Fort Temple, Sri Shirdi Sadguru Sai Baba Temple, Kashi Vishwanath Swamy Temple, IPC Bethel Church, NH Gurudwara Temple, etc.
- Various cultural festivals and traditions are celebrated, promoting diversity and unity.
Environmental Factors In Electronic City
- Electronic City uses renewable energy sources such as solar panels. This serves efficient energy management in the locality.
- Electronic City has gained a platinum rating from the Indian Green Building Council (IGBC) for its incredible and sustainable developments.
- The air quality in Electronic City is moderate, considering rapid developments and infrastructure upgrades within the locality.
Flat Configuration In Electronic City
- Electronic City offers flat configurations of 1 BHK, 2 BHK, 3 BHK, and 4 BHK.
- 2 BHK is the most preferred flat configuration by homebuyers in Electronic City.
- Apart from flats/ apartments, Electronic City also offers housing properties like Villas, Farmhouses, Independent Floors, and Plots.
- Residential areas are emerging in Electronic City, and various Gated Communities and Townships are soon coming up here.
Property Price Growth In Electronic City
- Properties in Electronic City have witnessed a YOY price growth of 17% approx.
- In the last 3 years, property price growth in Electronic City has been around 36%.
- Upcoming residential developments and infrastructural upgrades are expected to continue the growing property value in Electronic City, Bangalore.
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Frequently Asked Questions
What are the popular residential areas in Neeladri Nagar?
Some of the top residential areas in Neeladri Nagar include Hulimavu, Chikkakannalli.
What types of properties are available in Neeladri Nagar?
Neeladri Nagar offers Apartment, Duplex, catering to various budget segments.
What is the average property price in Neeladri Nagar?
The average property price in Neeladri Nagar ranges from ₹5,600 to ₹5,900 per sq.ft., depending on the location and amenities.
What are the metro stations in and around Neeladri Nagar?
The metro stations in and around Neeladri Nagar include key stops such as Bengaluru, Bescom, FLYTECH GLAZING & ENGINEERING, Decathlon Sports - Sarjapura, Hotel O Sunrise Triangles Karmelaram Station, providing convenient connectivity to major areas.
Are there affordable housing options in Neeladri Nagar?
Yes, areas like Neeladri Nagar offer budget-friendly housing options in Neeladri Nagar.
What are nearby locations in Neeladri Nagar within 3KM?
Neeladri Nagar is home to a mix of vibrant residential neighborhoods and bustling commercial hubs.Residential areas near Neeladri Nagar
Are there luxurious housing options in Neeladri Nagar?
Areas like with price range above ₹67.4 L are known for luxurious residences in Neeladri Nagar
Are there housing options in Neeladri Nagar ranging from INR 30L to 60L?
Yes, Neeladri Nagar offers flats starting at ₹30L to premium luxury residences going up to ₹60L. Buyers can explore these options in prime localities with modern amenities:
Are there housing options in Neeladri Nagar ranging from 60L to 1Cr?
Yes, Neeladri Nagar offers several housing options in the ₹60L to ₹1Cr range, providing well-designed apartments with modern amenities in prime residential areas.Top 2 properties are: