Located in the south-eastern part of the city, Koramangala today is one of the toniest pin codes in Bangalore. Adding to its appeal are several skyscrapers, malls, colleges, restaurants, and pubs. With startups like Flipkart, Ola, and BigBasket; and mass recruiters like Wipro and Infosys having their offices here, the demand for housing has increased considerably in the last few years.
Commute
Koramangala enjoys good connectivity to other parts of the city via the Inner Ring Road, Sarjapur Road, and the 80 Feet Road. The Bangalore City Junction railway station is about 9km away while the Kempegowda International Airport is approximately 41km.
Lifestyle
Koramangala is one of the most developed areas in Bangalore with several schools, colleges, hospitals, entertainment centres, sports clubs as well as shopping malls. It is strategically located close to the top localities in Bangalore like the IT hub of Electronic City, BTM, and Jayanagar. Additionally, the Koramangala Club is a primary recreational zone for the residents here.
Top Projects
Schools/Educational Institutions
- Bethany High School
- National Public School
- Chinmaya Vidyalaya
Hospitals
- Apollo Spectra Hospitals
- Devi Eye Hospital
- Beams Hospital.
The Real Estate Market
With many new startups opting for Koramangala as the base, the demand for commercial real estate in the area has also gone up. Many new residential projects have sprung up in the locality over the past decade, and the real estate prices have seen a considerable surge. The average property rates in the area are Rs 10,617 per sq. ft.
What to Expect
With proximity to IT hubs, good connectivity and cosmopolitan vibe, Koramangala is one of the most preferred localities in Bangalore.
