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Area Watch – Jayanagar Bangalore

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Jayanagar, the most happening hub in Bangalore is strategically situated on the south of Bangalore is well connected and liked by all section of people. Being Bangalore called as the “Pensioners Paradise”, Jayanagar is the paradise for Bangalorean’s”. It is the commercial and residential core in the city and turned out to be the hot and happening destination for many of the cultural and spiritual events.
The foundation was laid in the year 1959 and in these 52 years Jayanagar has grown to be the major locality in the “Garden City”. Well, Jayanagar is famous for many schools, colleges, hospitals, spiritual centers and shopping arcades. The area is split into 10 Blocks and said to be one among the major localities in the city. Jayanagar is also well connected with almost all the places inside the city and on the outskirts by the local transport.
It is evident that all the 10 Blocks are well planned with wide roads and all required infrastructure and particularly to be told is the 4th Block which is a youth hang-out consisting a Shopping Complex, Bus Terminus, eateries, Malls and educational institutions. Every day there is a party like atmosphere in the localities, and walk around during the evening hours and feel the joy.
Jayanagar is said to be the well-planned area it is very easy to locate any address because the roads are given the same numbers in almost all the blocks and only thing is the cross No and Block required to spot the addresses. J.P Nagar, Banashankari, Basavanagudi, BTM Layout and Wilson Garden surrounds Jayanagar and this is also an added advantage for people dreaming to reside in Jayanagar. In fact, many celebrities and politicians inhabit in this locality.
Speaking on the real estate, many in Bangalore dream of owning a plot, flat or home in any of the Block in Jayanagar, but very few can afford because Jayanagar stands at the top in terms of realty prices and almost all the sites here are of bigger dimensions where a common or the mid section person cannot bear the burden.
If the revealed sources to the www.propertykhazana are to be believed then the average cost the 30*40 dimension starts from Rs. 12, 000-14,000 Per Sq.Ft, while the apartments being priced not less than Rs.6000-7000 and the commercial plots goes almost the double of the residential plots and even the rental accommodations are also not affordable. Now the ‘Namma Metro’ will operate via Jayanagar and the realty sector is hoping that there will be a hike in the properties very shortly. Log on to www.propertykhazana.com for any of your realty needs in the locality.
The local body and the Registration Authority Office for Jayanagar Block 1,2,3,4,5,6,7,8,9 and 4th T Block is at # 12th Main 4th Block Jayanagar Bangalore – 560011, Contact No’s 080-22959347,26654584. For more updates or queries visit www.propertykhazana.com.
Source: NIMMA BENGALURU

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