Veerannapalya is located in nagavara locality in Bangalore city. veerannapalya is known to be one of the affordable places to live amidst the growing price surge in the bangalore city. the locality is very well maintained and quite peaceful. however, the residential complexes around this area are growing higher in demand due to the high liveability index.
the average cost of this locality is 5000 - 10,000 / sqft. around 45 % of the properties on sales in the region lies between 60 lakh to 75 lakh with luxurious flats soaring much higher and sometimes reaching 1cr. the rent for 2 bhk flat would fall in the range of rs. 18,000 to rs. 40,000 depending upon the amenities offered by the residence.
key highlights
veerannapalya has good connectivity to nagavara and hebbal.
veerannapalya is the preferred locality by the bachelors as it falls within the city limits and is quite affordable.
many new projects are being proposed in this locality.
plots and commercial shops are also available.
what’s great
surrounded by greenery all around.
located nearby to nagavara lake.
good employment opportunities due to the new manayata tech park opening up.
well connected to bangalore main city.
what’s not great
excess traffic on the roads in peak hours due to tech companies.
outside eateries are a fit costly.
air pollution is a bit high as it is located on the main road.
Watch out for?
it is easier to transit to tech parks from this location.
veerannapalya has many social amenities located at walking distance.
many new social amenities are being constructed.
with the recent announcement of bangalore city expansion 2030, the city is proposed to be constructed to a developed township.
announcement of re-developing nagavara lake.
social infrastructure
"veerannapalya has many shopping options at a walkable distance.
there are many hospitals nearby this location.
shopping complex & markets
"*shopping mall ( 5.0 km )
*elements mall ( 2.0 km )
*madina fancy and stationery shop ( 850 m )
*esteem mall ( 3.7 km )
*manjunatha condiments ( 1.0 km )
health care centers
"*artha ortho and ent clinic ( 56 m )
*aster clinic ( 1.4 km )
*sp speciality polyclinic ( 800 m )
*fathima clinic ( 1.0 km )
*jmj hospital ( 1.8 km )
connectivity & public transport
"*kempegowda international airport ( 28.9 km )
*yesvantpur jn railway station ( 10.8 km )
*cs-zqael complex bus stop ( 8.5 km )
"schools:
*kingston high school ( 210 m )
*anton public school ( 450 m )
*little glady`s english high school ( 250 m )
*sri chaitanya school ( 550 m )
*st pauls public school ( 350 m )
"banks:
*state bank of india ( 2.0 km )
*bank of baroda ( 2.6 km )
*axis bank ( 1.4 km )
*yes bank ( 1.5 km )
atms
*bank of baroda atm ( 900 m )
*axis bank atm ( 250 m )
*karnataka bank atm ( 2.0 km )
*induslnd bank atm ( 2.4 km )
"fitness centers:
*guru fitness centre ( 160 m )
*golden gym ( 900 m )
*cult nagavara ( 1.3 km )
"popular landmarks near locality:
*freedom park ( 11.4 km )
*indira gandhi musical fountain park ( 9.5 km )
*kempegowda tower ( 11.8 km )
capital and rental trends
"*the property-price trend analysis shown veerannapalya having an upward graph of 28%. this is mainly due to the expansion of the it industry in the adjacent areas.
*the analysis shows the purchase of a 3 bhk apartment in this locality costing around 85 lakhs to 1.48 crores while a 1 bhk on rent would cost around 7,000 - 18,000 to the tenant.
scope of growth
with the announcement of nagavara lake re-development, veerannapalya is gaining more popularity. with many new constructions coming up the locality is sure to boom in the near future at much greater heights.
investment opportunities
"price trend analysis recommends purchasing a 1 bhk or a 2 bhk apartment as the prices are yet to increase after the re-development stage. the area has begun gaining popularity amongst the buyers and would prove as a beneficial residential investment for long term investors. the investments are bound to reap higher profits in the near future.