Located in South Bangalore, Basavanagudi is a popular residential market in the city. Known for its old-world charm, the area derives its name from a famous Bull Temple here that has a monolithic statue of Nandi Bull. The area is rich with ancestral properties dominated with independent houses and villas. Being at a proximal distance from the central business district of Bangalore, Basavangudi also receives healthy rental demand. Therefore, we see a generic trend of premium residential properties here priced anywhere between Rs 1-2 crore and above easily.
Connectivity
? Basavanagudi boasts of excellent road connectivity to the central parts of the city such as Chickpet, Majestic or southern markets such as Lalbagh, Jayanagar etc.
? Outer Ring Road is just about 4km from the locality providing easy access to the southern and eastern suburbs and the IT corridors of the city.
? The locality also enjoys proximity to NICE Ring Road reducing inter-city travel timings to some of the western and southern town of Karnataka along with Electronic City.
? Kempegowda International Airport is about 40km from Basavanagudi.
Factors for growth
Central location and spacious residential development has made it one of the affluent localities of Bangalore to reside. Adding to the existing connectivity, the upcoming Namma Metro Phase II (Green Line) passing through Basavanagudi is set to further enhance the appeal of the area.
Infrastructure Developments – Social and Physical
Basavangudi is a matured residential market offering a well-established physical and social infrastructure starting from educational institutions to healthcare facilities and entertainment/recreational spaces.
? Some of the major educational facilities in the region include The National High School, Crescent High School, Sri Kumaran Public school amongst other schools and The National Degree College, Kempegowda College of Nursing, BMS College of Engineering and Law, amongst other higher educational institutions.
? Major healthcare facilities in the region are Shekhar Hospital, BMS Hospital and Sri Balaji Multispecialty Hospital, amongst others.
? Retail spaces nearby include More Shopping Mall, Gandhi Bazaar, amongst others.
Major Challenges
? There are a plenty of civic problems noted in the locality. These include limited space availability, garbage disposal, street dogs and bad city bus services.
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