Vijayanagar is a bustling locality in the southern part of the city. Located close to the IT hubs of Whitefield and Banashankari, it has experienced decent growth in the property prices over the last few years. With more than 50 residential projects underway, the area is brimming with real estate activity.
The place is known for several prominent educational institutions, including RV College of Engineering, PES Institute of Technology, the Bangalore University, the National Law School of India University, and Dr Ambedkar Institute of Technology. Vijayanagar also has one of the largest public libraries in Karnataka.
Commute
Vijayanagar is bound by Mysore Road and Magadi Road, with Chord Road cutting through. Many buses ply to different parts of Bangalore from here. The Kempegowda Bus Station/Majestic is at a distance of 6km from the locality while the airport is about 29km away.
Lifestyle
The presence of educational institutions attracts a lot of young crowd to the locality. Thus, you can easily find countless cafes, restaurants, bars, and clubs, along with many shopping malls in the area. You can also find renowned schools and hospitals in Vijayanagar.
Top Projects
Schools/Educational Institutions
- Sarvodaya National Public School
- The New Cambridge English School
- RNS Vidyaniketan
Hospitals
- Fortis Hospital
- Maruthi Hospital
- Vijaynagar Global Hospital
The Real Estate Market
Strategic location coupled with robust infrastructure has made Vijayanagar as one of the most preferred residential localities in Bangalore. The demand for new apartments has increased rapidly in Vijayanagar. Currently, the property values are in the range of Rs 4,500-6,000 per sq. ft.
Reputed builders like Puravankara, Prestige, and Brigade already have their projects in the area.
What to Expect
Taking into account that the property prices in Vijayanagar are still realistic, investment here would garner healthy returns in the times to come.
