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balagere bangalore

Pincode: 560087

Situated in: East Bangalore

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141 Flats for Sale in Balagere

73 Flats for Rent in Balagere

State: Karnataka

District: bangalore

Total Area: 3.75 km²

Population: 9691

Population Density: 2581

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About Balagere, bangalore

Balagere is a locality situated in North Bangalore. It is located off Thanisandra Main Road near Kundalahalli. This peaceful neighborhood is conveniently located, with easy access to major roads like Outer Ring and Bellary Road. Balagere Pin Codes are 560066 and 560087. It is close to popular localities like Kundalahalli, Konanakunte, and Hennur and places like Silk Board Junction, which makes it well-connected to the rest of the city.

Balagere is mainly inhabited by IT professionals and nuclear families seeking a tranquil environment outside the city limits. Residents enjoy a relaxed lifestyle amidst greenery with easy access to amenities. As a mixed community, the locality embraces people from different parts of India and abroad. Its cosmopolitan culture encourages social bonding through regular community events. Neighbors know each other well and take pride in maintaining a peaceful ambiance. The diversity adds to the vibrant social life while respecting individual spaces.

Physical Infrastructure of Balagere

Balagere infrastructure is well connected by major transportation networks that make travel seamless within the city as well as outside. The locality is just off Mysore Road, one of the major highways connecting Bangalore to Mysore. In Balagere, Bangalore, Karnataka, there is a Sobha Dream Acres metro station located on Panathur Main Road. It is about 43 km away from Bangalore International Airport. The metro pink line connecting Baiyappanahalli to Mysuru Road runs very close to Balagere, providing residents easy access to the rest of the city. There are multiple flyovers and underpasses on Mysore Road that ensure smooth traffic flow including the 100 feet road (Outer Ring Road) and SH 35.

Social and Retail Infrastructure of Balagere

The social and retail infrastructure in and around Balagere, Bangalore, is relatively well-developed. There are several reputed educational institutions like Naksha Academy, Lady Vailankanni Group Of Institutions and Narayana E-Techno & Olympiad School. For healthcare needs, Balagere is served by excellent hospitals like Oyster Multispeciality Clinic, Baby Science IVF Clinics and Manipal Hospital Varthur Road, which are known for advanced medical facilities. Daily needs can be fulfilled at popular shopping malls like Forum Value Mall, Bangalore Central, and Inorbit Mall, according to Balagere Map. Overall, the social and physical infrastructure makes Balagere a sustainable residential location.

Real Estate Market Trends and Rental Demand in Balagere

Balagere Property Price has been performing well over the past few years, with rising property rates on the back of solid demand. Property rates in the area have shown an appreciable increase of 10-15% annually due to factors like its strategic location, proximity to the IT corridor, and amenities. Average Balagere Property Rates are Rs. 11,618 per sq ft. For buyers, residential properties make a good investment due to capital appreciation. On the rental side, high demand from IT professionals and nuclear families has led to steady rental increases of 7-10% year-on-year for landlords. Thanks to the excellent social and retail infrastructure, as described earlier, more people are looking to buy homes or rent apartments in Balagere compared to other micro-markets. Average rent is around 35000- 45000 per month. This positive trend in rates and rentals is likely to continue shortly.

Top Employment Hubs in Balagere

Balagere is located near some of the major employment hubs of Bangalore, which have contributed to its steady growth over the years. Some of the best employment hubs near Balagere are- 

  • Manyata Tech Park- 20 Km 
  • Embassy Tech Village- 5.7 Km 
  • Bagmane World Technology Center- 11.5 Km 
  • The Executive Centre - Helios Business Centre - 5.1 km
  • Newbridge Business Centre - 5 km 

Famous Sub-Localities near Balagere

Balagere township consists of several well-developed residential sub-localities that have come up over the years. These sub-localities have contributed immensely to Balagere's growth into a self-sufficient micro-market. A few of the popular landmarks in Balagere are:

  • Devasthanagalu
  • Varthur
  • Siddapura
  • Silver Springs Layout
  • GunjurPalya
  • Green Garden Layout
  • Ramagondanahalli
  • KR Puram
  • Sarjapur Road
  • C V Raman Nagar
  • Kaggadasapura

Things to do in Balagere

Balagere offers many exciting places for residents and visitors to spend leisure time. With such amenities nearby, residents of Balagere have plenty of options to spend quality time with family and friends during weekends or holidays. Some of the top things to do in Balagere include:

  • Escape to the lush greenery of Cubbon Park, a 130-year-old garden in the city's heart. Spread over 300 acres, it is the ideal place to spend leisurely weekends amidst natural tranquility.
  • Home to over 1000 species of flora, Lalbagh Botanical Garden is a botanical paradise that will leave you spellbound. Be sure to visit the magnificent glass house - a sight to behold!
  • Wildlife enthusiasts must put Bannerghatta National Park on their to-do list. Come face-to-face with lively tigers, majestic elephants, and exotic birdlife as they roam freely in their natural habitat. Jungle safaris and nature trails make for memorable experiences.
  • Thrill-seekers can unleash their adventurous side at WonderLa, billed as Asia's most awesome amusement destination. Get your adrenaline pumping with high-octane rides or unwind at captivating musical shows.
  • Innovative Film City gives a behind-the-scenes look at the magic of movies. Production studios, equipment displays, and celebrity lecture halls are fascinating stops for all ages.
  • For shopaholics, Forum Value Mall is a one-stop hub with leading brands, al fresco food courts, and buzzing entertainment. Mark your calendars for mega sales and blockbuster events.

Balagere is an excellent residential location choice in Bangalore, given its strategic position, thriving real estate market, robust social and physical infrastructure, and proximity to prominent employment hubs, recreational areas, and lifestyle amenities. The township has emerged as a highly preferable destination for both home buyers and renters alike in recent years.

What is Good about Balagere

  • Easy access to ORR and other arterial roads, providing quick connectivity.
  • Established tech parks such as Manyata, Embassy, and Bagmane contribute to a robust jobs market.
  • Emerging IT/office hubs with new complexes coming up.
  • Proximity to renowned educational institutions and healthcare facilities.
  • Upcoming integrated townships with world-class amenities.
  • Planned development activities are improving social infrastructure.

What is not Good about Balagere

  • Traffic congestion on internal roads requires systematic management.
  • The public transportation system needs expansion with efficient metro/bus connectivity.
  • Encourage waste management practices and improve civic maintenance.
  • Fast-track approvals and simplify legal processes for planned projects.
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Properties for rent in Balagere, bangalore

3 BHK Sobha Sent...

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₹ 70000

2 BHK Sobha Drea...

Varthur

₹ 38000

1 BHK Sobha Drea...

Varthur

₹ 31000

2 BHK Sobha Drea...

Varthur

₹ 47000

2 BHK Sekhar Bel...

Sekhar Bellevue, Balagere Road...

₹ 38000

2 BHK Sobha Drea...

Varthur

₹ 50000

2 BHK Sobha Drea...

Sobha Dream Acres Apartments

₹ 49000

2 BHK Sobha Drea...

Varthur

₹ 53000

2 BHK Sobha Drea...

Balagere

₹ 41000

1 BHK Independen...

WPPG+858, Balagere, Bengaluru,...

₹ 16000

2 BHK Independen...

Balagere - Gunjur Road

₹ 25000

2 BHK Sobha Drea...

Varthur

₹ 42000

1 RK Independen...

Balagere

₹ 11500

2 BHK Sobha Drea...

Sobha Dream Acres

₹ 45000

1 BHK Sobha Drea...

Panathur

₹ 35000

2 BHK Sekhar Bel...

Panathur

₹ 30000

2 BHK Sobha Drea...

Varthur

₹ 50000

2 BHK Sobha Drea...

Varthur

₹ 44000

2 BHK Independen...

Balagere

₹ 18500

2 BHK Sobha Rain...

Sobha Dream Acres

₹ 46000

2 BHK Sobha Drea...

Varthur

₹ 55000

Properties for sale in Balagere, bangalore

2 BHK Disha Park...

Balagere

₹ 11000000

2 BHK Sobha Drea...

Varthur

₹ 12300000

2 BHK Sobha Drea...

Balagere

₹ 12000000

3 BHK Sobha Sent...

Balagere

₹ 21000000

2 BHK Sobha Drea...

Varthur

₹ 16500000

2 BHK Sobha Drea...

Varthur

₹ 18000000

2 BHK Sobha Drea...

Balagere

₹ 14900000

2 BHK Bank Aucti...

Balagere

₹ 3600000

1 BHK Sobha Sent...

Balagere

₹ 8050000

2 BHK Sobha Drea...

Balagere

₹ 15000000

2 BHK Sobha Drea...

Varthur

₹ 17000000

2 BHK Sobha Drea...

WING-54, 54147, Balagere, Beng...

₹ 13000000

1 BHK Sobha Drea...

Varthur

₹ 8700000

1 BHK Sobha Drea...

Varthur

₹ 8000000

3 BHK Sobha Sent...

Balagere

₹ 20500000

3 BHK Sobha sent...

Sobha Sentosa

₹ 19500000

2 BHK Sobha Drea...

Sobha Dream Acres Apartments

₹ 11500000

2 BHK Sobha Drea...

Wing-57, Sobha Dream Acres, Ba...

₹ 13000000

2 BHK Sobha Drea...

Varthur

₹ 15200000

3 BHK Sobha Sent...

Sobha Sentosa

₹ 22000000

2 BHK Sobha Drea...

Whitefield

₹ 11400000

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Have Questions about
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FAQs

How is the infrastructure development in Balagere?

Balagere is connected via major roads like Old Airport Road and Kundalahalli Junction. It is close to ORR and Metro stations, providing quick access. Amenities like schools, hospitals, and banks are readily available within 1-2 kms. Upcoming projects will further boost social infrastructure.

What are the excellent localities to buy a home in Balagere?

Some desirable localities include Balagere Main Road, Balagere 1st Phase, and Balagere 2nd Phase, which have matured civic facilities. Nearby areas like Kundalahalli and Varthur are well-developed with gated communities and apartments.

How is the rental yield in Balagere?

Rental yields for apartments generally range between 2-3% depending on the property type and location. Independent houses/villas provide 3-4% yield. Rents have been observing a steady YoY growth of 10-15% due to improving social infrastructure.

What is the resale value appreciation in Balagere?

Over the past five years, resale residential properties in Balagere have increased by 8-10% annually. Well-maintained premium properties could see slightly higher appreciation. With ongoing development, capital appreciation of 10-15% is projected in the mid-term.