Shivaji Nagar is one of the centrally located areas in Bangalore which is famous for its local markets, especially the ones that sell flowers and meat. Nearby Commercial Street is one of the most prominent shopping destinations lined with vendors selling clothes, shoes, fabric, and imitation jewellery. It is one of the oldest established colonies in the city.
From apartments to independent houses, Shivaji Nagar offers a wide range of option to homebuyers.
Commute
Shivaji Nagar is located in the centre of Bangalore and is well connected through all modes of transport. Bengaluru Cantt. Railway Station and Bengaluru East Railway Station are situated very close to Shivaji Nagar while the International airport is about 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.
Lifestyle
Commercial Street in Shivaji Nagar is one of the biggest flea markets in the city with a combination of street vendors, small shops as well as brand outlets. If you love shopping, Shivaji Nagar is the best place to live in. Being one of the oldest areas in the city, the infrastructure is well-developed here. Entertainment, daily needs, healthcare, and schools, everything can be found nearby.
Top Projects
Schools/Educational Institutions
- St. Xavier’s High School
- Kamla Bai Educational Trust
- St. Francis De Sales High School
- New Citizen High School
Hospitals
- Bowring and Lady Curzon Hospital
- Church of South India Hospital
- H B S Hospital
The Real Estate Market
Shivaji Nagar is one of the oldest and busiest localities in Bangalore; thus, the property rates are among the highest. Due to space crunch, not many new projects are being launched in this area, and hence, the chances of price rise for the existing properties are high. Rental rates are moderate. The average price of a property in Shivaji Nagar is Rs 9,636 per sq. ft.
What to Expect
Good connectivity and robust infrastructure are two significant factors catalysing real estate growth in Shivaji Nagar. With not much scope for new projects, investment here is sure to give you good returns.