Ashok Nagar Mumbai

Located in central Bangalore, Ashok Nagar is an upmarket residential and commercial locality. It is known for its high-end properties and strategic location near popular areas like Richmond Town, Shantinagar, and Russell Market. Ashok Nagar's PIN code is 560025, and it is well-connected to parts of the city via major roads like MG Road and Brigade Road. Properties in Ashok Nagar offer conveniences of both established infrastructure as well as proximity to the central business district of the city.

Ashok Nagar Bangalore is one of the oldest residential areas in Bangalore, situated near the city center. Established in the 1960s, it was initially inhabited by government employees thanks to its proximity to commercial offices and affordable housing. Over the decades, as the city grew exponentially, Ashok Nagar became a prominent upmarket neighborhood with high-rise residential complexes and commercial establishments. Today, it remains a preferred location for its accessibility and evolving urban infrastructure.

Ashok Nagar is a prominent residential area inhabited predominantly by upper-middle-class families working in nearby commercial offices. The cosmopolitan culture of the locality attracts people from different parts of the country who enjoy its urban lifestyle. Located near the city center, residents benefit from easy access to amenities and leading a fast-paced metropolitan life. The culture is diverse yet inclusive, with people socializing in numerous restaurants, pubs, and neighborhood parks.

Physical Infrastructure of Ashok Nagar

Ashok Nagar infrastructure is well-connected via transportation infrastructure. The nearest metro station is Trinity station on Purple Line, providing quick connectivity within the city. National Highway 75 and State Highway NH48 pass through nearby areas, linking the locality to other parts of Bengaluru. Major flyovers like Richmond Circle Flyover and Sarjapur Road flyover have eased traffic movement. Brigade Road, a central commercial hub, is a few minutes away. Residents can easily access all amenities, with banks like SBI, HDFC, and ICICI nearby. The locality is also well-policed, with Ashok Nagar police station located within 1 km to ensure the safety and security of citizens.

Social and Retail Infrastructure of Ashok Nagar

Ashok Nagar is well-equipped with social and retail infrastructure. Some of the top schools in the area include St. Joseph's Boys High School, The Cathedral High School, and Kendriya Vidyalaya. Popular colleges nearby are St. Joseph's College of Commerce and St. Joseph's Institute of Management, according to Ashok Nagar Map. Hosmat Hospital and Fortis La Femme Hospital provide medical facilities. For shopping and entertainment, Magrath Road and Brigade Road are dotted with retail outlets, restaurants, and malls like Garuda Mall. Other malls, such as Orion Mall and Bangalore Central, are also located nearby, offering residents easy access to social amenities.

Real Estate Market Trends and Rental Demand in Ashok Nagar

Ashok Nagar Property Price has been growing steadily over the past few years. Due to its prime location and proximity to social infrastructure and amenities, the property rates in this area have witnessed an upward trend. For investors looking to buy, prices of residential properties range between Rs60Lakhs to 3 Crore depending on the location and amenities. For sellers, the appreciation rate has been over 15-20% in the last five years. On the rental front, the demand for Ashok Nagar Property Rates remains high owing to many colleges, IT parks, and offices in nearby areas. Landlords can expect to lease out properties at Rs. 6500 to 25000 based on the unit's facilities.

Top Employment Hubs in Ashok Nagar

Ashok Nagar is one of the major employment hubs in Bangalore city due to numerous IT parks, offices, and industries nearby. Some of the top employment hubs near Ashok Nagar include:

• Manyata Tech Park in Hebbal -11km.
• RMZ Eco World in Kadubeesanahalli -15km.
• Bagmane Tech Park in Doddanekkundi -11km.
• Embassy Manyata Business Park in Nagawara -11km.
• International Tech Park Bangalore in Whitefield -16km.
• Bharath Group of Companies – 2km
• Safina Business Park-4km

Famous Sub-Localities / Colonies / Areas in Ashok Nagar

Being a significant locality in Bangalore, Ashok Nagar has many sub-localities and colonies within a 10-12 km range where real estate constantly thrives. Some of the famous landmarks in Ashok Nagar include:

• Richmond Town
• Victoria Layout
• Shanti Nagar
• Vivek Nagar
• Wilson Garden 

Things to do in Ashok Nagar

Located in central Bangalore, residents living in Ashok Nagar have easy access to many cultural and historical landmarks within 10-12 km. Some of the top attractions are. Some of the best things to do in Ashok Nagar are- 

• Holy Trinity Church is an architectural beauty 10 km away that attracts visitors for its Neo-Gothic structure and peaceful ambiance.
• Commercial Street is 8 km away; this lively street is perfect for shopping bargains and sampling local cuisine in numerous quaint stores and restaurants.
• St Mary Basilica is Situated 11 km from Ashok Nagar; it has historical significance as the first church of Bangalore.
• Sri Someshwara Swamy Temple is Known for its grand structure and vibrant festivals; this 12th-century shrine 9 km away offers spiritual serenity.
• Ulsoor Lake is An urban oasis spread over 75 acres; it is ideal for walks, boating, and wildlife encounters at a distance of 10 km.
• Cubbon Park is Bangalore's 'Green Lung' in the downtown area; it is accessible within 12 km for leisure activities amidst lush greenery.

What's Good about Ashok Nagar?

Ashok Nagar and its surrounding areas within 10-12 km have many positives for homebuyers. The locality is well-connected to various parts of the city. There are plenty of employment hubs, commercial establishments, schools, and hospitals nearby. Green spaces like Cubbon Park are also located nearby.

• Good connectivity and infrastructure
• Presence of social amenities
• Job opportunities in nearby IT Parks
• Appreciating property prices
• Proximity to the downtown area

What's not Good about Ashok Nagar?

• Traffic congestion on main roads
• High population density in some areas
• Limited open/green spaces
• Increasing pollution levels
• Scarcity of vacant land parcels