Jayanagar is a premium BDA developed area in South . It was among the first few well-planned sectors of Bangalore. Though slowly getting commercialized, it primarily remains a residential area. The entire area of Jayanagar is divided into 10 blocks out of which, the 3rd and 4th blocks are commercial hubs and the remaining are residential areas. The development and growth of this locality and the presence of several IT/ITES firms make Jayanagar a real estate hot spot. It is surrounded by important areas such as Basavangudi, JP Nagar, Banashankari 2nd Stage, Gurappanapalya, Sadduguntepalya, Thilak Nagar and BTM Layout. Jayanagar is also famous for being the birth place of few highly regarded and influential personalities of India including N.R. a Murthy (founder of Infosys) and V V Giri, the former president of India.
Connectivity
Jayanagar enjoys a central location in the heart of Bangalore. Main Road and Bannerghatta Road connect Jayanagar to major parts of the city. The airport is located approximately 10-12 kilometers from Jayanagar while the city railway station is about 8 kilometers away. In addition to well-built roads, the area also enjoys an excellent network of Metropolitan Transport Corporation (BMTC) buses. The main bus stand in the area is located in the 4th block and there is also a metro station coming up near the South End Circle.
Shopping malls
There are a number of options for shopping in Jayanagar including Garuda Swagath Mall, Shopping Complex, Acer Mall and More Mega Store. Namdhari Fresh, Himalaya Stores, Food Bazaar, Janata Bazaar and Super Bazaar are some of the best places to purchase groceries in the area. In addition to shopping malls, Jayanagar is also famous for multi-cuisine restaurants like Ragoos, Paradise, s and Parivar Restaurant.
Schools and Colleges
Jayanagar is home to several renowned schools and colleges. These include Carmel Convent School, a High School, City Group of Institutions, Dayananda Sagar College of Science, IBMR (Institute of Business gement & Research), AAI Fe Deemed University, The Oxford Educational Institutions and medical colleges like RV College of Nursing, R.V. Dental College and Rashtreeya Vidyalaya. Fortis, Cloud Nine, Sagar Hospital and Hospital are some of the hospitals located in Jayanagar.
Real Estate in Jayanagar
Jayanagar is one of the oldest localities in Bangalore and also ranks amongst the most expensive locations in the city. Most houses in Jayanagar are independent houses with private security. There are 4 ongoing projects in Jayanagar and 1 project is due for possession in 2014. The average apartment price in Jayanagar is Rs. 8,489 per sq. ft. Mantri Group, Nandi Housing, Skyline construction and Adarsh developers are some of the renowned developers in Jayanagar.
During the last 6 months, minimum rise in the property rates in Jayanagar has been 9.8% and at places, they have risen by upto 17.2%.
Some of the recently launched projects in Jayanagar, that you might be interested in, are Classic, Parasmani Regency.
