About Jayanagar
located in southern bengaluru, jayanagar is an affluent residential locality. it is known for both its commercial as well as institutional establishments.a set of people believe that jayanagar, founded in the year 1948, drew its name from mysores maharaja jayachamarajendran wadiyar. it is notable that jayanagar used to be known, traditionally, as the southern end of bangalore. the historic ashoka pillar and the south end circle where the six roads meet state this fact.majorly comprising independent houses and multi-story apartments, jayanagar is one of the oldest neighbourhoods. there are 10 area blocks in jayanagar among which, the third and the fourth blocks are purely commercial hubs, whereas others are residential. jayanagar is located close to the renowned lal bagh botanical gardens.jayanagar houses residential projects like pramuk mm meridian, alpine regency, sobha opal, jain prakriti, and many others. as per a survey report released by the dna bangalore in the year 2010, jayanagar has been rated as the most liveable place in bangalore.key highlightsresiding in jayanagar means you can get easy access to renowned educational institutions like iim bangalore and christ university.situated in a city that is known for its commercial streets, jayanagar is no less than a shoppers paradise. when pondering over going for some shopping for your closet, the jayanagar shopping complex delivers well on the shopping front.whats great?one fact, among many others, which makes jayanagar so popular is that many notable people are residents of jayanagar.jayanagars proximity to the electronic city makes it more desirable for working (it) professionals.there is robust connectivity through road and metro, and another metro line is also coming up, which will boost the connectivity further. the infrastructure in the area is very sound and well equipped.whats not great?garbage clearance is one of the key challenges in jayanagar.few complaints about the lack of space for pedestrians to walk. this has been reported only from a few areas.water crisis has been among one of the major issues.Watch out for?there are major software companies like oracle, ibm, within a distance of 1-2 km. jayanagar is also only 1-2 kms away from major healthcare facilities like apollo and fortis. these are just a few among many things that prove jayanagar as a great place to live in.there has been a dip in the rent and sale price in the year 2020 due to the unprecedented situation. although, it is undeniable that the prices of property for sale as well as for rent are going to hike soon. with the advent of the new normal, there are also plenty of opportunities for people to eye the commercial angle in and around the locality.property rising factorthe residential market is reaching saturation, but the commercial market is yet flourishing and expanding. the demand for individual offices has been increasing in the area.other highlightssocial infrastructurethe social infrastructure in jayanagar is commendable and has almost everything to satisfy each checklist. including numerous reputed schools, colleges, and hospitals, it caters to all your basic needs. not just satisfying your basic needs, jayanagar also comprises several shopping complexes, restaurants, theatres, and bookstalls.shopping complex & marketsbda jayanagar complex is one of the renowned and important commercial markets in the jayanagar locality. it also hosts numerous restaurants, vegetable and fish markets, bookstalls.health care centrescatering to the medical needs of the residents, there are several health care centres like:jayanagar orthopedic hospital,sanjay gandhi hospital, andnethradhama eye hospitalconnectivity & public transportvery well connected to the rest of the city, including the nearby central business district (cbd) areas such as m.g. road, residency road, and brigade road, the wide and spacious roads of jayanagar are commendable. a major bus terminus connects the area to almost all the majorpoints in the city. connectivity is well planned and robust in the jayanagar locality. located just 4 km away, shanti nagar bus depot is the primary bus stop for anyone looking to travel out of town by ksrtc buses.bangalore city junction, bangalores major railway station, is located only about 7 km from jayanagar.schools, bank & fitness centresschoolsfollowing is the list of some of the old schools and colleges in jayanagar:bangalore high schoolbes collegeholy christ schoolmodel education society schoolnational college, bangalorenmkrv college for womennsk high schoolvijaya college, bangalorevijaya high schoolvijaya junior collegerv dental collegeoxford collegeinstitute of business management and research (ibmr)banksthere several bank branches as well as atms in jayanagar like:icici bankhdfc bankboiaxis banksbiand many others too.popular landmarks near localityjayanagar is quite famous in itself and is renowned for its own distinguished identity. still, the following are landmarks in and around jayanagar, to name a few:jayanagar shopping complexgaruda swagath mallbangalore hospitalvijaya collegesashoka pillarsouth end circlemicro market analysiscapital and rental trends: from the jul-sep20 quarter, a decrease of 4.3% has been witnessed in the average price for multistorey apartment in jayanagar, which was estimated at 10677 for the oct-dec20 quarter. for rent, 14% of the properties range between 20k - 25k, whereas 13% are in the range of 25k - 30k. accounting to around 48%, 2 bhk is the most common configuration available for rent. for sale, properties are majorly available in two price ranges being above rs. 5cr and rs 2.2 cr – rs. 2.4 cr.scope of growth:jayanagar already has a very good gentry residing in the area, and with an increase in the demand for housing projects as more people move into the city as well as a surge in the jobs in each sector, primarily in it, the price of the property is expected to increase further. both in commercial and residential property, a rise in the rental and the sale price is expected.significant demand for individual office spaces in the locality has been created quite a lot; this can also be a probable factor for growth in the future. due to the lack of office space in the neighbouring cbd areas, commercial market development is rising in the locality.
