Banashankari is a suburb near South Bangalore that got its name from the Banashankari Amma Temple. It is one of the largest localities, extending from Mysore Road to Kanakapura Road. Besides, it also has many prominent temples to its name, such as Varasiddhi Vinayaka Temple and Devagiri temple and Narasimha temple. This place is a hit among residents as well as the migrant crowd.
Divided into six stages, Banashankari is home to some of the biggest residential apartments and many upcoming real estate projects.
Commute
Banashankari is one of the best-connected localities in Bangalore. It has a reconstructed bus stand and a Traffic Transit Management Centre. It also has Volvo bus facilities. Railway Stations such as KSR Railway Station, Yeshvantpur Railways station is about 7km from the locality while the international airport is 47km away. The BTMC operates buses that connect Banashankari with other areas in the city. The locality also enjoys metro rail connectivity.
Lifestyle
Banashankari has many temples, mosques, grocery stores, gym, parks as well as shopping malls. Girinagar, Rajarajeshwari Nagar, Jayanagar and JP Nagar are some of the localities in the vicinity. The flee market and the local shopping street in Banashankari is famous among the residents as well as people from other areas in the city.
Top Projects
Schools/Educational Institutions
- Auden Public School
- Sister Nivedita Convent School
- Sri Aurobindo Memorial School
- Orchids The International School
Hospitals
- Banashankari Government Hospital
- Ring Road Hospital
- Ovum Woman and Child Specialty Hospital
- Sri Balaji Multi Specialty Hospital
The Real Estate Market
Banashankari has witnessed a gradual increase in property prices over the last few years. The current property rates are in the range of Rs 4,579-8,065 per sq. ft.
What to Expect
There has been a rapid increase in demand for real estate in Banashankari. The property prices have nearly doubled in the past decade and is expected to show an upward graph ahead as well.