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Top 5 Posh Areas in Bangalore(Residential and localities)

Top 5 Posh Areas in Bangalore(Residential and localities)

Bangalore is one of India’s most cosmopolitan cities. Today it plays an important role in a number of public sector companies, software companies, aerospace, telecom and other industries across India. Also known as India’s Silicon Valley, it has quickly become one of the largest economic centers in the country and one of the fastest growing metropolitan areas thus showing you the posh areas.

Bangalore caters for everyone, so people from all walks of life can live happily together. Silicon City Bangalore offers a selection of suitable residential regions and posh areas for people who want to settle in the city. Here are the ten best places to live in Bangalore.

1. Basavanagudi

Basavanagudi is a residential and commercial community in South Bengaluru. The district is one of the oldest in the city and one the posh areas. It is a well developed residential and commercial area. It is a green city with prestigious institutions, lively markets, extensive parks with centuries-old trees, small lakes and a wide range of restaurants. Popular educational institutions in the area include the B.M.S. College of Engineering and the National College. Residents of the area enjoy easy access to National College and Lalbagh underground stations on the green line.

The neighborhood offers affordable housing with good facilities. This district is dominated by independent residences and luxury apartments.

Posh Areas

Locality

Asset Class

Property Price

Sale (INR)

Rent (INR)

Basavanagudi

Residential House

9,979-16,921 per sqft

27,000-45,000

Multistorey Apartment

7,885-13,164 per sqft

26,000-43,000

2. Indira Nagar

Indira Nagar is well known in Bengaluru as an established residential and commercial place. Located in the east of the city, it has easy access to important places like Jeevanbheemanagar, CV Raman Nagar, Kodihalli, Koramangala, Domlur, HAL Layout, Murugeshpalya and Ulsoor. The area is one of the highest neighborhoods in the city, with integrated social infrastructure, strong connectivity and accessibility to the city’s main business areas.

Indiranagar is a cosmopolitan area with large brand showrooms, pubs, cafes, restaurants and educational institutions. Namma Metro has improved connectivity and added to local property values.

Horizontal development with residential buildings, low-rise multi-storey buildings and villas is usually part of the local residential landscape. Some of the well known residential developers in the area are Oceanus Dewlings (P) Ltd, Karan Property Developments, Aratt Builders, LGCL Properties Pvt Ltd.

Posh Areas

Locality

Asset Class

Property Price

Sale (INR)

Rent (INR)

IndiraNagar

Residential House

9,603-18,333 per sqft

30,600-43,500

Multistorey Apartment

7,949-14,300 per sqft

26,600-44,800

3. Jayanagar

Jayanagar is an affluent residential area in South Bengal with both commercial and institutional facilities. It’s one of the oldest and wealthiest neighborhoods(posh areas) in the city, with a mix of single-family homes and multi-story apartment buildings. In terms of physical infrastructure, Jayanagar is connected to the rest of the city via the ORR, Bannerghatta Road and Kanakapura Road. It is located near the Bengaluru City Junction railway station.

Jayanagar Subway Station on the Namma Metro Green Line offers excellent subway connections. Alpine Housing Development Corporation Ltd, Pramukh Projects Pvt. Ltd., Ubercorp Infrastructure LLP, Rajarajeshware Builddcon Pvt. ltd and Shubham Samrudhi Infra Pvt. GmbH. on some of the well-known residential developers in the area.

Posh Areas

Locality

Asset Class

Property Price Sale (INR)

Jayanagar

Multistorey Apartment

8,680-12,674 per sqft

Builder Floor Apartment

8,636-13,377 per sqft

Residential House

13,119-23,699 per sqft

4. Koramangala

Koramangala is an upmarket residential/commercial area in south-east Bengaluru. The region near Hosur Road is surrounded by Adugodi, HSR Layout, BTM Layout, Jayanagar and Ejipura. Koramangala is a popular residential center and one of the best posh areas due to its excellent social infrastructure, good physical connections and many businesses in and around the city. Luxury residences, ground floor apartments, villas and low rise multi-storey apartments are options for you.

In addition, as part of Phase 2, the upcoming Metro Line 3 (RV Road-Bommasandra) is expected to be completed by 2023, improving overall neighborhood connectivity. Some of the major construction companies are Raheja Builders, Prestige Group, Embassy Group, Mantri Developers, Sipani Properties and Dreamz Infra India.

Posh Areas

Locality

Asset Class

Property Price Sale (INR)

Koramangala

Multistorey Apartment

8,817-14,324 per sqft

Residential Houses

10,577-19,345 per sqft

5. Malleshwaram

One of the oldest neighborhoods in Bangalore, Malleshwaram or Malleshwara is a well-planned suburb in the northwest of the city. Its name comes from the famous Kaadu Malleswara Temple. As one of the traditionally thriving neighborhoods, it has taken on a cosmopolitan flair, and multi-storey apartments have replaced many huge bungalows. It has a diverse population with large middle- and upper-class families.

The 11th Cross Flower Market, retail and wholesale outlets on Sampige Road and legendary restaurants on Margosa Road have attracted a variety of customers. Nearby shopping options include Orion Mall, Mantri Square Mall and 8th Cross Road. Major residential developments in and around Malleshwaram include Salarpuria Sattva, Brigade Group, DS MAX Properties and Evergreen Properties.

Posh Areas

Locality

Asset Class

Property Price Sale (INR)

Malleshwaram

Multistorey Apartment

3,700-5,900 per sqft

Also Read – Best Places To Live In Dehradun: 7 Posh Areas

 

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