Formerly known as Shoolay, Ashok Nagar is located in the central business district of Bangalore. With multiple IT parks like Prim Park, Fortune Summit IT Park and many others, the locality is home to many software companies and hence is a preferred zone for IT professionals. The area has a beautiful amalgamation of gated communities and independent villas offering a varied range of housing options.
Commute
Ashok Nagar is located in the heart of Bangalore and is well connected through all modes of transport. Bengaluru Cantt. Railway Station and Bengaluru East Railway Station lie in proximity to the locality while the international airport is 35km away. The area is also well connected to other parts of the city with several BMTC buses and Volvo buses that ply on this route. You can easily find cabs and autos in this area.
Lifestyle
Ashok Nagar is close to many important residential and commercial area of the city. These include Yelahanka, Bommanahalli, Krishnarajapura, Kengeri, Hosakote, and Dasarahalli.
Entertainment, daily needs, healthcare and schools – everything can be found in the vicinity.
Top Projects
Schools/Education Institutions
- St. Patrick’s High School
- Baldwin Boys High School
- Tunbridge High School
- Bishop Cotton School
Hospitals
- NIMHANS Hospital
- Lakeview Hospital and Heart Center
- Hosmat Hospital
The Real Estate Market
Ashok Nagar is one of the oldest localities in Bangalore and property rates are among the highest. Even the real estate downtime has not affected the prices here. Rental rates are moderate. Not many new projects are being launched in this area, and hence, the chances of price rise for the existing properties are high. The average price of a property in Ashok Nagar is Rs 8,275 per sq. ft.
What to Expect
Ashok Nagar is the central hub of Bangalore with multiple IT parks, shopping complexes, and residential societies. It is a safe place for single women and men and a comfortable space for families.