Pincode: 560039
Situated in: South Bangalore
State: Karnataka
District: bangalore
Total Area: 2.95 km²
Population: 5026
Population Density: 1701
Gangondanahalli is a developing residential area in North Bangalore with good connectivity. The Gangondanahalli PIN code is 560073. Its proximity to major IT hubs like Peenya and Yeswanthpur makes it a suitable location for investment. Other nearby localities are Nagasandra, Rajajinagar, and Malleshwaram which are flourishing with malls, offices, and restaurants. This property offers the convenience of urban living in a peaceful environment.
Gangondanahalli Bangalore is a vibrant locality with a mix of people. As a residential peaceful area on the outskirts of Bangalore, it attracts young working professionals and mid-level executives who appreciate its connectivity and affordable housing options. Residents here enjoy a relaxed lifestyle away from the city crowds but close enough to major tech parks. The culture is cosmopolitan, influenced by people from across India and abroad. Neighbourhoods have developed their unique culture, making Gangondanahalli reflect modern, sophisticated India.
Gangondanahalli infrastructure is well connected by transportation infrastructure. The area is well connected to the rest of the city by major roads like NICE Ring Road and NH4. ORR is nearby and connects to other parts of the city. Nagasandra Metro Station on the Green Line is 8km away. Yeswanthpur Railway Station is 12km away. You can access the Gangondanahalli map to check these routes.
The area is well-served by social infrastructure. Some of the prominent schools in the vicinity include Goutham Public School, New Oxford Public School, and Delhi World Public School. There are also good undergraduate and professional colleges like RB GROUP OF INSTITUTIONS and ABBS Acharya Bangalore Business School. World-renowned hospitals like SHOBA HOSPITAL, Sri Srinivasa Hospital, and Atharv Hospital are nearby. For retail and entertainment, Mayur Mall, Raj Arcade, and Shree Manjunath Store are also available.
Gangondanahalli property rates have appreciated steadily over the last few years due to its strategic location and rapid infrastructure development. For instance, residential property prices have increased by over 15-20% in the previous two years as new layouts come up with good social infrastructure. Average property rates are ₹ 5,498 per sq ft. The demand for leased residential properties has also risen sharply on the rental side. Landlords can expect rental returns upwards of 3-4% yearly, with tenants preferring furnished apartments close to schools, malls, and hospitals. Rent is between the range of Rs. 7,500- 18,000 per month. With more IT parks and companies in nearby areas, working professionals and students form the bulk of tenants. Overall, Gangondanahalli remains an attractive investment option due to its balanced supply and rising demand dynamics.
Gangondanahalli is located near some of Bangalore's major employment hubs. These tech parks and special economic zones make the locality attractive for home buyers and tenants. Some of the top employment hubs near Gangondanahalli are:
Being a large area, Gangondanahalli comprises several well-established sub-localities and residential colonies. These local zones offer their own unique set of advantages and social infrastructure. Some of the famous areas near Gangondanahalli are-
Gangondanahalli is a top residential location due to its proximity to employment hubs, social infrastructure, and connectivity options. Along with stability in property prices and good rental yields, the area offers a balanced lifestyle close to the city centre. Whether considering ownership or leasing a home, Gangondanahalli presents rewarding investment opportunities for end-users and investors.
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