this is a very popular and well known area that has great connectivity and lifestyle options. it is very close to the ring road and therefore, provides great options in connectivity to all parts of the city. it is a well known hub of commercial and residential activity. many new projects are lines up by prominent builders. it is also close to the city central railway station. the locality is rich in urban amenities and well designed buildings welcoming many new families. the best mode of local public transport here is the autorickshaws. it is a unique mix of traditional and modern facilities and is well maintained in terms of road quality. it also has many options for comfortable parking of cars.
in the sale property market, prashanta nagar has currently 21 properties available most of which are 2 bhk apartments priced within the range of rs. 25.5 lacs to rs. 75 lacs. there are also other configurations available like 7 bhk houses. other than residential houses and apartments, the area has residential plots and villas available to the buyer. it is a posh locality and enjoys premium clientele and ambience, which is the reason why it has high demand in the residential and commercial market.
the sale property market here has very few options. there are only 3 properties available here for sale all of which are 2 bhks within the range of rs. 70 lacs to rs. 1.40 cr. the locality has great demand of properties and he inventory is low. it is a premium locality with high priced properties and the deals are rare to miss. the rental property market is also having limited number of properties on offer. there are currently 4 properties available for rent priced within arrange of rs. 6.5k to rs. 16k per month. the locality does not see much availability in residential properties owing to the high demand in this location that is premium, safe and very well connected.
the area has great scenic views and although it is so close to the main road, it is still rich in greenery and good ambience.
it is a friendly neighbourhood that has many premium lifestyle options and restaurants for fine dining.
what’s great
great shopping malls and easy connectivity to all major landmarks of the city.
good roads and ample space for parking your car.
what’s not great
traffic is a great problem here and all through the day commuting to this place means long signal times.
in the prashant nagar area, there are many commercial and residential properties available. the locality is rich in plot and villa options and attracts investors in the real estate market. although it sees traction in rental spaces, it does not see quick movement in sale property market.
a very good social and civic infrastructure is what makes this place high on demand amongst home buyers. it is well maintained and has great roads.
· gt world mall
· shopper’s city
· mantri square mall
· westgate value mall
· gopalan legacy mall
· grand majestic mall
· gopalan arcade mall
· orion mall
· aishwarya mall
· hemender shopping centre
· lulu global mall
· forum mall
· kr market
· sla rice market
· city market
· pawan super market
· mr. grocer – the market place
· malleswaram market
· siddarameshwara market
· karnataka thota market
· bharathy hospital
· kamadhenu hospital
· shobha hospital
· leprosy hospital
· punya hospital
· mahanagara palike health centre
· sharavathi hospital
· nandana health care services
· gayathri hospital
the nearest bus stop to this place is prashanta nagara and Kamakshipalya.
the closest metro station is vijayanagar and balgangadharanatha swamiji station.
Bangalore central is the closest rail station from here
there are many taxis and autorickshaws available here.
schools
government urdu lower primary school
max muller english school
harvard english high school
time kids preschool
cordial high school
roan international school
st rohit high school
theresa public high school
banks
sbi
bank of baroda
icici bank
canara bank
axis bank
hdfc bank
the bharat co—operative bank
fitness centres
pushup bengaluru
fitness 9
fitness in-gym & health club
muscle impression gym
rajadhani gym
extreme gym
body stole gym
aditi fitness center
fitness firm
fitness 24/7
fitness planet
eagle fitness gym
im tba
orange fitness county gym
fitnessin gym
selvam industrial estate is a well known landmark here.
baalle hannu kere is a green area here you can enjoy with family and friends
government health care department office is in the vicinity to this area.
the area has great capital and rental trends and while there are always limited options in home buying available here, the price range is always increasing by leaps and bound and still leading to closed deals.
the locality has limited scope of growth since it is already having a saturated property market.
the investment options here are limited owing to the already sold out spaces.