The contents of this document along with the terms of the Website User Agreement are applicable to all hyperlinks under www.kinhousing.com You hereby acknowledge of having read and accepted the same by use or access of this Website. REAL ESTATE FACT SHEET KANAKAPURA ROAD, BANGALORE Kanakapura Road in South Bangalore is one of the fastest moving micro market in Bangalore both from Investment and End use perspective. The demand in this area is driven by residential locations like JP Nagar, Bannerghatta Road etc around Kanakapura Road and also connectivity to industrial areas like Electronic City, Mysore Road and others. Key facts • Total availability – 5515 units available • Annual absorption of around 1800 units • Price ranges o Category A Builder – apartments – 4250 to 6000 psft o Category A Builder – villas – 5,100 psft o Category B Builder – apartments – 2500 to 3700 psft • Average annual appreciation – 15% • Average rental yield – 4% • Malls – Unitech Gardens Galleria • Educational Institutes – Dayanand Sagar College, PES College of Pharmacy, Skanda College • Healthcare – Sri Sai Ram Hospitals and CB Group of Hospitals
Real estate fact sheet: Kanakpura Road
Jul 17, 2015
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The contents of this document along with the terms of the Website User Agreement are applicable to all hyperlinks under www.kinhousing.com You hereby acknowledge of having read and accepted the same by use or access of this Website.
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REAL ESTATE FACT SHEET
KANAKAPURA ROAD, BANGALORE
Kanakapura Road in South Bangalore is one of the fastest moving micro market in Bangalore both from Investment and End use perspective. The demand in this area is driven by residential locations like JP Nagar, Bannerghatta Road etc around Kanakapura Road and also connectivity to industrial areas like Electronic City, Mysore Road and others. Key facts
• Total availability – 5515 units available • Annual absorption of around 1800 units • Price ranges
o Category A Builder – apartments – 4250 to 6000 psft o Category A Builder – villas – 5,100 psft o Category B Builder – apartments – 2500 to 3700 psft
• Average annual appreciation – 15% • Average rental yield – 4% • Malls – Unitech Gardens Galleria • Educational Institutes – Dayanand Sagar College, PES College of Pharmacy, Skanda
College • Healthcare – Sri Sai Ram Hospitals and CB Group of Hospitals
The contents of this document along with the terms of the Website User Agreement are applicable to all hyperlinks under www.kinhousing.com You hereby acknowledge of having read and accepted the same by use or access of this Website.
Upcoming Infrastructure projects
• Proposed widening of Kanakapura Road from 60ft to 150ft • NICE Road connectivity • Metro Phase 1 should be operational in first half of 2015 • Disneyland like theme park, spread out over 28 acres of land, driven by 4D technology
called the Krishna Lila Park. It has an estimated cost of Rs 350 crore. • SEZ spread over 400 acres exclusively for apparels and textile.
Key Residential projects Project Status Price (psft) Nitesh Ceaser’s Palace Ongoing 5190 Brigade Meadows Ongoing 3690 Prestige Falcon City Pre Launch 5499 Sobha Arena Pre Launch 6200 Purva Highlands Ready to move 4550 Mantri Serenity Ongoing 5400 The average price is around 4700 psft for Category A builders Rental Yield Project Cost Annual Rent Yield %age Nitesh Ceaser’s Palace
63,00,000 1,80,000 2.8
Brigade Meadows 54,00,000 1,68,000 3.1 The average rental yield is around 2.8 to 3% Three reasons to be in Kanakapura Road
• Huge infrastructure investments which will have a positive impact on growth of the region
• Great connectivity through NICE Road, Mysore Road and Metro • Quality development across price range
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