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Commercial Properties Under 5 Crore for sale in Nehru Nagar Jakkur, Jakkur, Bangalore
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About Properties In Nehru Nagar, Jakkur, Bangalore for Sale
Overview of Jakkur
- Jakkur is a mid-segment to premium locality in the northern part of City.
- It is a well-developed suburban locality situated in Thanisandra between Yelahanka and Hebbal.
- Nearby localities to Jakkur are Telecom Layout, Rachenahalli, Yelahanka and Hebbal.
- The locality is strategically placed on the eastern side of NH44 for travel convenience.
- Jakkur is famous for the JNCASR (Jawaharlal Nehru Centre for Advanced Scientific Research), which is a prominent research centre located in Jakkur.
- Additionally, the Government Flying Training School, the nation’s first flying school, is located here.
- The pincode of Jakkur is 560064.
Jakkur Residential Market Insights
- The average property price in Jakkur ranges from ₹ 9,000 to ₹ 12,000 per sq. ft.
- The average price of a 1 BHK in Jakkur is around ₹ 25 lakh to ₹ 50 lakh.
- The average price of a 2 BHK in Jakkur is around ₹ 55 lakh to ₹ 1.7 crore.
- The average price of a 3 BHK in Jakkur starts from around ₹ 2 crore to 3.5 crore and more.
- The average rental price in Jakkur ranges from ₹ 12,000 to ₹ 60,000 monthly or more.
- The presence of IT corridors and a good road network has increased rental demand in Jakkur.
- The average price of land plots in Jakkur ranges from ₹ 8,000 to ₹ 10,000 per sq. ft.
- Jakkur mainly offers mid-segment to premium 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 as well as under construction conditions.
- Several reputed builders and developers have a presence in Jakkur.
Connectivity and Transport In Jakkur
- Swami Vivekananda Metro Station, Byappanahalli Metro Station, Nagawara Metro Station, and Arabic College Metro Station provide metro connectivity to Jakkur.
- Along with that, the Yellow metro line along the Namma Metro Network provides good connectivity for this locality to different parts of .
- Jakkur enjoys railway connectivity through Hebbal Railway Station and Kodigehalli Railway Station.
- The significant Kempegowda International Airport is around 25 km from Jakkur. It is also easily accessible through the National Highway 44.
- The locality is well connected to major highways and arterial roads such as Outer Ring Road, Thanisandra Main Road, Jakkur Main Road, Amruthahalli Main Road, Talacauvery Road and Bellary Road.
- The Bellary Road connects the locality to prominent areas like Rachenahalli and Thanisandra.
- The BMTC bus network provides easy public transportation in the city. Being a public transport source, these buses are convenient and affordable to travel by.
Social Infrastructure In Jakkur
- Jakkur is a well-developed locality equipped with excellent social amenities, infrastructure facilities and essential services for its residents.
- Renowned medical centres such as Suraksha Hospital, Prakruthi Multispeciality Hospital, Good Health Hospital, Chirayu Hospital, Medstar Speciality Hospital, and Manipal Hospital are close to the locality.
- Trillium Public School, Krishna School and College of Nursing, Vidya Vahini School and College, Government Pre University College, Narayana College Co Sindu Bhavan, and United International Business School are some quality educational institutions in Jakkur.
- Jawaharlal Nehru Centre for Advanced Scientific Research, which is a prime research organisation, is in this locality.
- The popular RMZ Galleria Mall, Phoenix Mall of Asia, Elements Mall, Esteem Mall, Palace Mall, and Orion Avenue are some leisure shopping and entertainment destinations in and around Jakkur.
Employment Opportunities In Jakkur
- One of the prime research institutions, Jawaharlal Nehru Centre for Advanced Scientific Research (JNCASR), is situated in Jakkur.
- A prestigious commercial park, Embassy Manyata Business Park, is just 2 km away and is easily accessible from the locality.
- Along with that, major business areas such as the Whitefield IT Hub, Hebbal Industrial Area, and Yelahanka New Town are located close to Jakkur.
- The Whitefield IT area can be seamlessly accessed through the Outer Ring Road.
- Excellent roadway connectivity to these employment areas is attracting tenants in the locality. Professionals and tech experts are seeking residence here.
- This has given rise to the demand for Jakkur in the rental market of real estate.
Lifestyle In Jakkur
- Jakkur enjoys a perfect mix of peaceful and cosmopolitan lifestyle.
- The Jakkur Aerodrome flying school is a prime fascination in this locality.
- The Rachenahalli Lake and Jakkur Lake are the most visited and popular scenic waterbodies here.
- A popular theme park, Rangoli Gardens, is very close to the locality.
Safety and Security In Jakkur
- The locality of Jakkur is generally considered to be safe and sound. Since it has a lot of employment areas in the neighbourhood, proper safety precautions are taken here.
- Jakkur has a number of police stations in close vicinity to ensure the safety of the citizens.
- The locality follows proper traffic rules and regulations.
- Constant Police patrolling, CCTV installations, security guards in residential and commercial areas and fire hazard safety are some safety measures practised here.
Development and Future Prospects In Jakkur
- A designated metro station has been planned for Jakkur on the Blue Metro line of the Namma Metro network. This will be a convenient public transport option for residents.
- Along with that, new metro stations on the Bellary road and Kodigehalli along the blue metro line will give a boost to connectivity with Jakkur, since these areas are near the locality.
- The upcoming Peripheral Ring Road will prove beneficial for locals travelling from Jakkur. This arterial road will allow seamless roadway travel and reduce traffic congestion in the area.
- Also, several service roads are planned in Jakkur, which will improve the road network of this locality.
Culture and Community in Jakkur
- The locality of Jakkur enjoys a dynamic and vibrant culture that keeps the community together. People with varied cultural backgrounds reside in this locality.
- Jakkur has a rich historical heritage, and the locality very well preserves it.
- Various ancient scriptures, historical monuments and artefacts are found here.
- The culture of this locality is a mix of modern amenities with historically rooted elements.
Environmental factors in Jakkur
- Jakkur, being a rapidly urbanising locality with modern amenities and infrastructure, still preserves its natural environment. Thus, it is a good place to live in.
- The iconic Jakkur Lake is a prime feature and a major attraction in this locality. People visit here for its scenic beauty and to enjoy recreational activities such as boating.
- This lake also takes care of the water needs of the Jakkur locality.
- Due to the abundance of greenery and recreational areas, the air quality here is relatively good, and the locality promotes a healthy lifestyle.
Flat Configuration in Jakkur
- Jakkur 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 Jakkur.
- Jakkur 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 Jakkur
- Jakkur has witnessed a consistent price growth of up to almost 71% in the last 5 years.
- Whereas there has been a 55% property price appreciation in the last 3 years.
- The YOY property price growth in Jakkur has been around 9%.
- Also, a rental yield of around 5% has been achieved due to an increased demand for rental properties.
- Due to rapid development and urbanisation, Jakkur is expected to experience consistent price growth in the near future.