Fact sheet on real estate trends on Old Madras Road, Bangalore

1. REAL
ESTATE
FACT
SHEET
OLD
MADRAS
ROAD,
BANGALORE
Well connected to major institutes and its proximity to Whitefield, makes Old Madras Road a
much sought after location. With KR Puram Railway station only 6-10 kms and Whitefield
under 5 Kms, moving to different parts of the city/outside city is easily accessible. The
connectivity to the airport road through Cargo road has only made things better.
Key facts
• Total availability – 3,111 units available
• Annual absorption of around 950 units
• Price ranges
o Category A Builder – apartments – 3800 to 4700 psft
o Villas – 4,000 to 4,900 psft
o Category B Builder – apartments – 3500 to 4200 psft
• Average annual appreciation – 11%
• Average rental yield – 3 to 5%
• Malls – OMR Platinum Mall
• Educational Institutes – Garden City College, Cambridge Institute of Technology
• Healthcare – Koshy’s Hospital, BEML Hospital
• Key distances from Buddigere Cross
o KR Puram – 10 Kms
o MG Road – 19 Kms
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2. o Airport – 41 Kms
o Bypanahalli Metro Station – 12 Kms
Upcoming Infrastructure projects
• Airport connectivity to Saibaba Ashram Road via Old Madras Road
• 6 lane Bangalore Chennai Expressway from Hoskote
• Investment from Japan on Bangalore Chennai Corridor
Key Residential projects
Project Status Price (psft)
Nitesh Virgin Island Pre Launch 4200
Prestige Tranquility Ongoing 4000
Salarpuria East Crest Pre Launch 4090
Purva Midtown Ready to move 5400
Brigade Exotica Ongoing 5040
The average price is around 4400 psft for Category A builders
Five reasons to be on Old Madras Road
• Proximity to Bangalore international airport and Whitefield. Due to its nearness to
whitefield, the area allows easy access to various tech parks like ITPL etc. Also Old
Madras road connects to the outer ring road thereby enabling easy movement towards
Sarjapur
• Current rates – While the area is close to technology hubs and central bangalore, Old
Madras road has the pricing advantage for all looking out for luxury, semi luxury
projects in mid budget range. Prices range from 3800 psft upwards depending on the
developer, location, amenities and other things.
• Appreciation – The area has off late started seeing appreciation in prices and saw
around 11% appreciation last year making it a good investment centric area as well.
• Quality developments – From Prestige to Brigade you have some of the largest
builders present in that area with the recent one being Nitesh Virgin Island and hence
giving an opportunity to stay/invest in quality construction.
• Japan Corridor – With Japan Corridor coming on the Hoskote belt, there’s a lot of
industrial development happening in that area making the side a hot micro market for
investment
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.