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Kalyan Nagar property market: An overview

Kalyan Nagar

The Kalyan Nagar real estate market has taken off, owing to its proximity to the Manyata Tech Park and International Tech Park. Demand for flats in Kalyan Nagar has shot up, with rapidly-developing social infrastructure and connectivity improvements.

When it comes to buying apartments in Kalyan Nagar, 2 and 3-BHK are the most preferred configurations, here. There are many leading builders in Kalyan Nagar including Puravankara, Prestige, Sekhar and Brigade, among others. Some of the well-known residential projects in Kalyan Nagar include Sahasra Grand and Elegant Splendor, to name a few.

While this is region is still a good bet for affordable to mid-range housing, the neighbouring localities cater mostly to the upper end of the spectrum, as the property rates are on the higher side. Other nearby Kalyan Nagar localities include Hebbal and Nagavara. Due to the easy access to the major IT parks here, along with all necessary social amenities, Kalyan Nagar offers better appreciation potential than most of its neighbouring areas.

 

Connectivity with nearby Kalyan Nagar localities

 

Employment hubs near Kalyan Nagar

 

Schools in Kalyan Nagar and other social amenities

Reputed schools in Kalyan Nagar include the Royale Concorde International School and Maxwell Public School. Leading hospitals in Kalyan Nagar include the Specialist Hospital and CHRIS Hospital. Popular malls in Kalyan Nagar include the Sports Mall and Elements Mall, to name a few.

 

Upcoming physical infrastructure in Kalyan Nagar

 

Price trends in Kalyan Nagar

  • Price appreciation – 4%-6% over the last quarter.
  • Current property rates – Rs 2,885-4,687 per sq ft.

 

Reasons to invest in Kalyan Nagar

Looking at the price trends in Kalyan Nagar, it can be said that the area offers great potential for future appreciation. The reasonable prices apart, the area is well-connected to two of the biggest IT parks in the city and other business hubs, as well. Social infrastructure has also been developing swiftly, in recent times. Narrow roads and indiscriminate garbage disposal, are the only problems here.

 

Check properties in Kalyan Nagar

 

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