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About Properties In Dr Rajkumar Road, Rajajinagar, Bangalore for Sale
Overview of Rajajinagar
- Rajajinagar is an upscale locality situated in the northwestern part of City.
- Rajajinagar is known to be the largest suburban region in the city of .
- Rajajinagar is a residential as well as commercial locality that offers a wide range of premium housing properties.
- Excellent connectivity, transportation options, proximity to workplaces, and rapidly improving infrastructure are the key factors that attract investors to the locality.
- This locality is divided into 2 parts and further subdivided into several blocks.
- Mahalakshmi Layout, Seshadripuram, Vijayanagar, Basaveshwaranagar, Mahalakshmipuram, Malleshwaram, Gopalapura, and Subedarpalya are some neighbouring localities to Rajajinagar.
- The PIN Code of Rajajinagar is 560010.
Rajajinagar Residential Market Insights
- The average property price in Rajajinagar ranges from ₹ 20,000 to ₹ 22,000 per sq. ft.
- The average price of a 1 BHK apartment in Rajajinagar ranges from ₹ 60 lakh to ₹ 1 crore.
- The average price of a 2 BHK apartment in Rajajinagar ranges from ₹ 1 crore to ₹ 2.4 crore.
- The average price of a 3 BHK apartment in Rajajinagar ranges from ₹ 2.2 crore to ₹ 5.5 crore.
- The average price of a 4 BHK apartment in Rajajinagar ranges from ₹ 4.5 crore to ₹ 8.3 crore or more.
- The average monthly rental price in Rajajinagar ranges from ₹ 18,000 to ₹ 80,000 or more.
- The average price of plots in Rajajinagar ranges from ₹ 20,000 to ₹ 22,000 per sq. ft.
- The presence of IT corridors and a good transportation network has increased rental demand in Rajajinagar.
- Rajajinagar 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 developers have a presence in Rajajinagar.
Connectivity and Transport In Rajajinagar
- Rajajinagar enjoys excellent connectivity with various transportation options via the road, railway, and metro network.
- Rajajinagar has a dedicated Rajajinagar Metro Station on the Green Line of ’s Namma Metro Network.
- Other Metro connections closest to the locality are the Magadi Road Metro Station, Sandal Soap Factory Metro Station, Mahakavi Kuvempu Road Metro Station, and Mahalaxmi Metro Station.
- Railway stations such as Malleswaram Railway Station, Krantivira Sangolli Rayanna Bengaluru Railway Station, and Magadi Road Railway Station offer railway connectivity to Rajajinagar.
- The prominent City Junction Railway Station is also close by.
- Key road connectors to the locality are Outer Ring Road, 60 feet road, and Mysore Road.
- Also, the longest road in The Chord Road, offers great connectivity to Yeshwanthpur and Vijayanagar.
- The Kempegowda International Airport is around 35 km from the locality.
- The BMTC Bus network offers affordable and convenient public transportation to the locals within the city.
Social Infrastructure In Rajajinagar
- Rajajinagar is a well-developed locality equipped with extensive infrastructure and civic facilities.
- Several health centres in the area look after the health of the locals. Citi Hospital, Suguna Hospital, St. Theresa's Multi-Speciality Hospital, Eshwar Hospital, Happy Healthy Hospital, Nandana Healthcare Centre, and Manipal Hospital are some of them.
- Some reputed schools in the vicinity are Gurunanak Public School, MSS Primary and High School, Jyothi Public School, Basaveshwara High School, Orchids International School, etc.
- There are also some colleges and universities in the locality for higher education. Sri Sai College for Women, KLE College of Pharmacy, MES Teacher’s College, Mariyappa First Grade College, Hombegowda PU College, etc., are some of them.
- Orion Mall, Lulu Mall, and Mantri Square Mall are some leisure shopping and entertainment centres in and around the locality.
- Rajajinagar offers some homely, luxurious, and affordable homestay accommodation options for visitors.
- Other essential services such as ATMs, Banks, restaurants, cafes, medical stores, grocery stores, supermarkets, etc., are also available in Rajajinagar for the convenience of the residents.
Employment Opportunities In Rajajinagar
- Rajajinagar shares close proximity with several business areas in thereby having ample employment opportunities.
- One of the largest business hubs in the World Trade Centre is situated in Rajajinagar.
- Rajajinagar is home to several IT areas such as Rajajinagar IT Park, Bagmane Tech Park, Mysore IT Park, etc.
- Other Corporate offices and industrial areas, such as Bliss Aerospace Components, Karnataka Government Soap Factory, ITriangle Infotech, and ABB India, are also situated nearby.
- Major Tech campuses such as Global Tech Park and Manyata Tech Park are within 15 km of the locality.
- These IT hubs, industrial estates, and corporate complexes in and around the locality are a major source of economic boost for Rajajinagar.
Lifestyle In Rajajinagar
- Rajajinagar is a well-developed and rapidly urbanising locality in . It has all modern conveniences and premium housing to allow a lavish lifestyle for the residents.
- Proximity to major IT areas, industries and robust connectivity are the important highlights that make this locality stand out in .
- Rajajinagar is home to several vibrant restaurants, cosy cafes, and trendy dining areas to allow a vibrant lifestyle.
- California Burrito Mexican Kitchen, Behrouz Biryani, Rajaji Nagar, Kakal Kai Ruchi, Swagat Restaurant, and Sakura are some fine dining options nearest to the locality.
Safety and Security In Rajajinagar
- Rajajinagar has a dedicated Police Station to take care of the public safety in the locality.
- Safety measures such as police patrolling, traffic control, and fire safety are practised here.
- Overall, Rajajinagar is considered a safe locality in .
Development and Future Prospects In Rajajinagar
- Upcoming developments in the locality will boost the demand for residential properties in Rajajinagar.
- The Yashwanthpur Junction railway station is planned to be linked to Mallige and Sampige on the Suburban Railway network. This will improve railway connectivity with Rajajinagar.
- The upcoming Peripheral Ring Road will also give a boost to the road network around the area, thereby easing traffic congestion and saving travel time for locals.
Culture and Community in Rajajinagar
- Rajajinagar has a diverse population, living in harmony. This represents a community that is all-inclusive.
- The locality enjoys a vibrant culinary food culture with authentic indian and international tastes.
- There are several peaceful local temples in the locality that preserve the cultural significance of this locality.
Environmental factors in Rajajinagar
- Rajajinagar is a commercial-driven locality. But, even with its industrial personality, the locality still preserves its natural, serene environment.
- The locality is home to various lush green parks and open spaces.
- Gayathri Park, BBMP Park, Motappa Park, and Mariyappanapalya Park are some gardens and recreational parks in the locality.
- Rajajinagar enjoys a moderate air quality.
Flat Configuration in Rajajinagar
- Rajajinagar 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 in great demand in Rajajinagar.
- Rajajinagar mainly offers premium housing properties. But it also has some flats available at affordable rates.
- Apart from that, other properties like independent floor apartments, villas, and plots are also quite popular here.
Property Price Growth in Rajajinagar
- Rajajinagar has experienced consistent price growth of up to nearly 42% over the last five years.
- There has been a 38% property price appreciation over the last three years.
- The YOY property price growth in Rajajinagar has been around 12%.
- Due to rapid development and urbanisation, Rajajinagar is expected to experience consistent price growth in the near future.