Which Is The Costliest Area In Bangalore?
Plenty of people ask which is the costliest area in Bangalore? The answer is Sadashivanagar in the northwest. Politicians, industrialists, and movie stars have their homes here. It is the most expensive residential area in the city. It is also one of its top 5 posh areas and its richest.
The area is known for its old city charm with tree-lined roads. Its homes are large and lavish. The quiet area has restricted traffic and high security. It is among the top 10 residential areas in Bangalore.
Sadashivanagar is the costliest area in Bangalore, and real estate prices are high. In terms of home costs, it is without doubt one of the top 10 posh areas in Bangalore,. It is a popular place to live for HNIs. The answer to “What is the costliest area in Bangalore?” on forums like Reddit is always Sadashivanagar. The area has seen a steady upward rise in property values.
- The property price is from Rs. 19,400 to Rs. 25,300 per square foot. The average price is Rs. 23,150 per square foot. There has been a 40.7% increase in the last 5 years.
- Land prices in the area range from Rs. 20,000 to Rs. 30,000 per square foot. These have also risen by 77.6% in the last 10 years.
- The homes in the neighbourhood are large and lavish, with villa prices starting at Rs. 11-plus crores. Apartment prices start at about Rs. 4.56 crores.
- The area is one of the costliest in Bangalore for rental homes. The average rent here is high, about Rs. 40,000 onwards for an apartment and about Rs. 3 lakhs onwards for a villa.
Physical Infrastructure: The area is well-connected to other areas by wide roads. MG Road is just 20 minutes away. The Mantri Square Sampige Road metro station is the nearest. Commuting is easy, even though it is in a busy part of the city.
Social Infrastructure: It is one of the best areas to live in Bangalore for families and has excellent services. There are top schools, hospitals, and shopping spaces close by. Some of these are HOSMAT Hospital, National Public School, and Mantri Square Mall.
The cost of living in the neighbourhood is high, and its lifestyle is sophisticated. Its quiet streets are a stark contrast to the busy city. It is the safest area to live in with a low crime rate.
For luxury living in the east of the city, Prestige Evergreen, Varthur, is the best option. The luxury 1 to 3-BHK apartments by the Prestige Group are in pristine green settings. The project has top-class amenities and offers the best living in the progressive work hub.
Prestige Evergreen Blog
| Enquiry |