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Flats Under 90 Lakh for sale in Rajarajeshwari Nagar Banashankari, Rajarajeshwari Nagar, Bangalore
100% Verified Real Estate Properties Bangalore. Find New Real Estate Projects & Best Selling Properties in Rajarajeshwari Nagar Banashankari, Rajarajeshwari Nagar, Bangalore. 0 Verified Flats/Apartments/Villas Only At HomeBazaar.Com.
About Properties In Rajarajeshwari Nagar, Banashankari, Bangalore for Sale
Overview of Rajarajeshwari Nagar
- Rajarajeshwari Nagar is a posh locality situated in the Bangalore West Zone.
- Rajarajeshwari Nagar is also popularly known as RR Nagar.
- NICE Ring Road and Mysore Road pass through the locality, offering excellent roadway connectivity to major parts of the city.
- The locality has mid-segment and premium apartments.
- The demand for this locality is increasing in the real estate and rental market since it is close to a few major employment areas.
- Lingadeeranahalli, Banashankari, Gattigere, Hosakerehalli, Srinivaspura, Subhash Nagar, Gandhi Nagar, Mailasandra, Harsha Layout, Chikkalasandra, and Kengeri Satellite Town are some nearby localities.
- Robust connectivity, excellent social infrastructure facilities, and premium residential options are the factors attracting investors here.
- The PIN Code of Rajarajeshwari Nagar is 560098.
Rajarajeshwari Nagar Residential Market Insights
- The average property price in Rajarajeshwari Nagar ranges from ₹ 8,000 to ₹ 15,000 per sq. ft.
- The average price of a 1 BHK apartment in Rajarajeshwari Nagar ranges from ₹ 40 lakh to ₹ 90 lakh.
- The average price of a 2 BHK apartment in Rajarajeshwari Nagar ranges from ₹ 70 lakh to ₹ 1.3 crore.
- The average price of a 3 BHK apartment in Rajarajeshwari Nagar ranges from ₹ 91.3 lakh to ₹ 1.8 crore.
- The average rental price in Rajarajeshwari Nagar ranges from ₹ 30,000 to ₹ 60,000 monthly.
- A good transportation network and relatively affordable housing properties have increased rental demand in Rajarajeshwari Nagar.
- Rajarajeshwari Nagar is an affordable locality that primarily offers affordable 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 Rajarajeshwari Nagar.
Connectivity and Transport In Rajarajeshwari Nagar
- Rajarajeshwari Nagar has a designated metro station on the Purple Line of the Namma Metro Network.
- Other metro stations on the Purple Metro Line, such as Pattanagere Metro Station, Kengeri Metro Station, Mysuru Road Metro Station, and Jnanabharathi Metro Station, are nearby and offer seamless connectivity.
- This Purple Line of the Bangalore Namma Metro Network links the locality to prominent IT hubs in the city, such as Challaghatta and Whitefield.
- Jnana Bharati Railway Station, Nayandahalli Railway Station, and Kengeri Railway Station are the closest railway connectivity options from Rajarajeshwari Nagar.
- Mysore Road and NICE Road are located along Rajarajeshwari Nagar, offering smooth roadway connectivity to prominent parts of Bangalore.
- Other than that, the Outer Ring Road also offers seamless connectivity throughout the city.
- Arterial roads such as Harsha Layout Main Road, Uttari Main Road, Railway Parallel Road, 80 Feet Road, and Punam Mahal Road allow seamless travel within the city.
- The Kempegowda International Airport is approximately 1.5 hours away from Rajarajeshwari Nagar through Bellary Road.
- Moreover, the local BMTC bus network allows easy and affordable transportation throughout the city of Bangalore.
Social Infrastructure In Rajarajeshwari Nagar
- Rajarajeshwari Nagar, being a highly urbanising locality, offers proper civic amenities and social infrastructure facilities for its citizens.
- There are several reputed schools in and near the locality that offer primary education to residents. St. Peter’s educational institution, Bethesda International School, Indian High School, SVS Public High School, Vidya Bharthi School, and Gnana Bodhini High School are some of them.
- New National PU College, RV College of Engineering, St. Anthony’s Pre University College, Government First Grade College, and Darshan Degree College are some higher education institutions nearby.
- Adarsh Hospital, Shreya Hospital, Supra Hospital, Nandi Hospital, Sanyra Hospital, and HK Hospital are some nearby health centres.
- Other essential services, such as Banks, ATMs, malls, supermarkets, grocery stores, general stores, pharmacies, and medical stores, are available in abundance to cater to the essential needs of the citizens.
Employment Opportunities In Rajarajeshwari Nagar
- Global Village Tech Park and Sattva Global City are major IT hubs situated in Rajarajeshwari Nagar.
- Along with that, the Global Village Tech Park hosts several renowned companies such as Mphasis, Sonata Software, Accenture, Mindtree, etc.
- Other prominent business areas, such as Rajajinagar IT Park, Reliance Corporate Park, and Summit IT Park, are located close by.
- Rajarajeshwari Nagar shares close proximity with industrial areas such as Bommanahalli, Yeshwanthpur, and BTM Layout.
- The prominent commercial hub of Electronic City is also accessible through Rajarajeshwari Nagar via the NICE Ring Road.
Lifestyle In Rajarajeshwari Nagar
- Rajarajeshwari Nagar has a perfect blend of urban conveniences and a serene environment.
- Being close to several major employment centers, Rajarajeshwari Nagar enjoys a commercial environment and bustling surroundings.
- Along with that, the locality has a vibrant culture with premium restaurants and trendy cafes in the area.
- Royal Indraprastha, Tuk Tuk Thai Restaurant, Grand Desi Paratha, Coffee Brewery, Board 4 Board Cafe, Cafe 33 are some nearby dining and coffee options.
- Gopalan Arcade Mall, YGR Signature Mall, UB City Mall, and Divinity Mall are some lavish shopping and entertainment centres around the locality.
Safety and Security In Rajarajeshwari Nagar
- Rajarajeshwari Nagar follows proper security guidelines, ensuring the safety of its residents.
- The locality has a designated police station nearby to take responsibility for the public’s safety.
- Regular police patrolling is practised, especially along busy roads.
- There are CCTV Cameras in public places to avoid any crime incidents and illegal activities.
- Proper traffic regulation is done through traffic officers and traffic signals.
Development and Future Prospects In Rajarajeshwari Nagar
- The upcoming metro extension along the Pink Metro Line will connect the locality to Mysore Road, thereby improving connectivity.
- The upcoming Peripheral Ring Road will enhance overall road connectivity in the city.
- The extension along the Parijaata Railway line will link to Kengeri, which is close to Rajarajeshwari Nagar.
Culture and Community in Rajarajeshwari Nagar
- Rajarajeshwari enjoys a vibrant culture and a community-friendly environment.
- People with diverse cultural and social backgrounds live together in harmony.
- The locality of Rajarajeshwari Nagar preserves its cultural heritage through several spiritual hubs and temples.
- Shri Sangameshwara Swami Temple, Sri Ganesha Sri Kanakadhara Lakshmi temple, and Shri Kalabhairaveshwara Swamy Temple are some local temples in and around the locality.
Environmental factors in Rajarajeshwari Nagar
- Rajarajeshwari Nagar is a rapidly developing and urbanised locality. But it preserves its natural surroundings.
- The locality has an abundance of open spaces and green parks for recreation.
- BBMP Park, Mavina Topu Park, Field Marshal General Cariappa Park, and Swami Vivekananda Park are some green gardens in and near the locality.
Flat Configuration in Rajarajeshwari Nagar
- Rajarajeshwari Nagar 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 Rajarajeshwari Nagar.
- Rajarajeshwari Nagar mainly has mid-segment and premium housing properties.
- Apart from that, other properties like independent floor apartments, villas, and land plots are also available here.
Property Price Growth in Rajarajeshwari Nagar
- Rajarajeshwari Nagar has experienced consistent price growth of up to nearly 52% over the last five years.
- There has been a 41% property price appreciation over the last three years.
- The YOY property price growth in Rajarajeshwari Nagar has been around 20%.
- Also, a rental yield of around 7% has been achieved due to an increased demand for rental properties.
- Due to rapid development and urbanisation, Rajarajeshwari Nagar is expected to experience consistent price growth in the near future.
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