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Flats Under 80 Lakh for sale in Nr Old Madras Rd Krishnarajapura, Krishnarajapura, Bangalore
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About Properties In Nr Old Madras Rd, Krishnarajapura, Bangalore for Sale
Overview of Krishnarajapuram
- Krishnarajapuram is a well-developed residential cum commercial locality in the northeastern part of Bangalore.
- Krishnarajapuram is also commonly referred to as KR Puram.
- Krishnarajapuram is a self-sufficient locality situated along the Old Madras Road.
- The locality is known for offering excellent connectivity to prominent areas of the city.
- Along with connectivity, excellent infrastructure amenities, and proximity to major employment areas are the key features that attract investors and tenants here.
- Whitefield, Ramamurthy Nagar, Seegehalli, Kannamangala, Medahalli, Mahadevapura, and Avalahalli are neighbouring localities to Krishnarajapuram.
- The pin code of Krishnarajapuram is 560036
Krishnarajapuram Residential Market Insights
- The average property price in Krishnarajapuram ranges from ₹ 8,000 to ₹ 10,000 per sq. ft.
- The average price of a 1 BHK apartment in Krishnarajapuram ranges from ₹ 55 lakh to ₹ 1.5 crore.
- The average price of a 2 BHK apartment in Krishnarajapuram ranges from ₹ 65 lakh to ₹ 1.3 crore.
- The average price of a 3 BHK apartment in Krishnarajapuram ranges from ₹ 92 lakh to ₹ 2 crore.
- The average price of a 4 BHK apartment in Krishnarajapuram ranges from ₹ 1.5 crore to ₹ 4.3 crore or more
- The average rental price in Krishnarajapuram ranges from ₹ 10,000 to ₹ 65,000 monthly or more.
- The average price of land plots in Krishnarajapuram ranges from ₹ 8,000 to ₹ 10,000 per sq. ft.
- The proximity to IT corridors and a good transportation network have increased rental demand in Krishnarajapuram.
- Krishnarajapuram is a posh area that 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 Krishnarajapuram.
Connectivity and Transport In Krishnarajapuram
- The locality of Krishnarajapuram enjoys excellent metro connectivity through its designated Metro station on the Purple line of the Namma Metro network.
- Other than that, the Baiyappanahalli Metro station is also at an accessible distance from Krishnarajapuram.
- The Krishnarajapuram Railway Station is a major source of railway transportation in the locality. This station is located on the Chennai Central Bangalore Line and allows easy connection to the rest of the city.
- Krishnarajapuram also offers robust road connections. It is located along the major highway of Old Madras Road.
- Along with that, the Outer Ring Road, Whitefield Hoskote Road, and ITPL Main roads are also prominent roadways that connect it to the city and other regions.
- The Kempegowda International Airport is at a distance of 32km from Krishnarajapuram. It is easily accessible through the SH-104.
- The BMTC local bus network of the city provides frequent bus availability for inter-city travel.
- Residents can also easily access private or sharing cabs here.
Social Infrastructure In Krishnarajapuram
- Krishnarajapuram is a self-sufficient locality with ample infrastructure facilities, social amenities and services in or near its vicinity.
- St. Thomas Public School, Sumedha International School, Lake Montfort School, ORCHIDS International School, Sristi Global School, SEA College of Engineering and Technology, Cambridge Institute of Technology, and Indus Valley College are some reputed educational institutions nearby.
- Krishnarajapuram is close to many well-equipped health centres. Shri Sapthagiri Healthcare, Shri Krishnappa Memorial Hospital, Currex Multi-Speciality Hospital, Hope Hospital, Lakshmi Hospital, and Vitals Hospital are some of the others.
- Various shopping complexes and malls are also present here for entertainment and leisure activities. Phoenix Marketcity, Nexus Shantiniketan Mall, VR Bengaluru Mall, Park Square Mall, and Gopalan Signature Mall are some of them.
- Krishnarajapuram offers a variety of supermarkets, local markets, and grocery stores to fulfil the essential needs of its residents.
Employment Opportunities In Krishnarajapuram
- Whitefield and Marathahalli are the most prominent business areas near the locality of Krishnarajapuram.
- Other than that, prime IT hubs and industrial zones such as Devasandra Industrial Estate, International Tech Park (ITPL) are also close to the locality.
- These economic areas are home to well-known corporate companies and commercial campuses.
- The important commercial hubs of Hoodi and Mahadevpura are also within 8 km of the locality of Krishnarajapuram.
- Professionals prefer to seek residence in Krishnarajapuram due to its proximity to these employment areas, making it convenient for them to travel to the office on a daily basis.
Lifestyle In Krishnarajapuram
- Krishnarajapuram offers a mix of a modern cosmopolitan lifestyle with civic amenities and a tranquil environment.
- Excellent connectivity, robust infrastructure, availability of civic amenities and proximity to prominent commercial spaces are the main investment driving factors in this locality.
- Krishnarajapuram enjoys a vibrant culture with several premium restaurants, cosy cafes and premium malls for the leisure of the residents.
Safety and Security In Krishnarajapuram
- Krishnarajapuram has a police station in proximity that ensures maximum safety of the residents.
- The locality is equipped with proper civic facilities, such as streetlights, to avoid any accidents.
- Regular police patrolling is done here to monitor and avoid any illegal activities in the locality.
Development and Future Prospects In Krishnarajapuram
- Krishnarajapuram is all set for several upcoming developments in terms of infrastructure and connectivity. Due to this, the locality is already emerging as a residential and commercial hotspot in the city of Bangalore.
- Several metro extensions are planned along the Namma metro network that runs here. The blue metro line expansion, being one of them, is said to have a station around Krishnarajapuram. Phase 2 of the metro lines will help connect the locality to the Kempegowda Airport.
- The construction of the Peripheral Ring Road and other road network upgrades will allow seamless road connectivity in and out of the locality.
- Also, the Bangalore Suburban Railway project will bring notable changes in the connectivity scene of Krishnarajapuram.
- Thus, these developments will allow smooth connectivity within and around the city and give rise to the locality’s demand in the real estate market.
Culture and Community in Krishnarajapuram
- The locality of Krishnarajapuram used to be a historical area that has now transformed into an IT centre in the city of Bangalore.
- Krishnarajapuram enjoys a mix of modern lifestyle with traditional roots. It is home to a very diverse population.
- Moreover, IT professionals and corporates are seeking residence here due to its proximity to the business hubs.
- Other than that, the locality also consists number of ancient temples that represent its cultural significance.
- The Mariyamma temple, Sri Shiva Lingeshwara Temple, Shakthi Temple, and ISKCON temple are some popular local temples around the locality.
Environmental factors in Krishnarajapuram
- Krishnarajapuram enjoys a rapidly urban lifestyle but preserves its natural significance.
- The locality of Krishnarajapuram is famous for its tranquil lakes and green spaces despite of being an emerging IT centre in the city.
- Lakes such as Yelemallappa Shetty Lake, Seegehalli Lake, and KR Puram Lake are popular ones in proximity.
- The locality also boasts ample green spaces and open areas for recreational purposes. This allows the residents to enjoy a peaceful environment.
Flat Configuration in Krishnarajapuram
- Krishnarajapuram offers a range of 1 BHK, 2 BHK, 3 BHK, and 4 BHK residential properties.
- These properties are available in both under construction and ready-to-move conditions.
- 2 BHK properties are in great demand in Krishnarajapuram.
- Krishnarajapuram mainly has premium and mid-segment housing properties. But it also offers some flats at affordable rates.
- Apart from that, other properties like independent floor apartments, villas, and land plots are also quite popular here.
Property Price Growth in Krishnarajapuram
- Krishnarajapuram has experienced consistent price growth of up to nearly 70% over the last five years.
- There has been a 42% property price appreciation over the last three years.
- The YOY property price growth in Krishnarajapuram has been around 18%.
- Also, a rental yield of around 7% has been achieved due to an increased demand for rental properties.
- Due to rapid development and urbanisation, Krishnarajapuram is expected to experience consistent price growth in the near future.
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