Property trends in Thanisandra, Bengaluru

Thanisandra, a locality where average rates have risen by around 10% in the past 3 years, has presence of around 30 under-construction, witnessing infrastructure improvement and is flanked by RMV Extension Stage II (quoting much higher rates), certainly indicates that there remains significant upside potential in this region.

 Location Advantage

  • Excellent connectivity to the international airport (~ 45 min) and Hebbal railway station (~ 20 min)
  • Enjoys a strategic location advantage as it is located just off the Outer Ring Road (ORR) and lies in proximity to Hebbal

Proximity to Employment Hubs 

  • Embassy Manyata Business Park (10 min) via internal roads
  • Kirloskar Tech Park (20 min) via Jakkur main road
  • Brigade Magnum (15 min) via Jakkur main road
  • Karle Town Centre (20 min) via Thanisandra main road

Upcoming Physical Infrastructure 

  • The region will also benefit from Nagawara being a metro rail node that will connect to Gottigere in the south as part of the North-South corridor plans. Going forward, plans are also afoot in Phase 2A of the metro rail to connect Nagawara to the international airport, via either Thanisandra or Hebbal-Yelahanka
  • Peripheral Ring Road (PRR) is also expected to pass through Thanisandra, thereby connecting it seamlessly with other parts of the city

Pricing Scenario

  • Current Rate: INR 4,000 – 6,000/sf
  • Price Appreciation: 10% during the past 3 years

Investment Rationale

Considering the above factors, demand for residential projects may be on a rise in Thanisandra. Also, the current rate in RMV Extension Stage II (located at 20 min distance from Thanisandra) are in the range of INR 6,000 – 10,500/sf

Thanisandra

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