Pincode: 560075
Situated in: East Bangalore
State: Karnataka
District: bangalore
Total Area: 3.4 km²
Population: 66007
Population Density: 19386
Jeevan Bima Nagar is located in the eastern part of Bangalore city. The Jeevan Bima Nagar pin code is 560017 and it is in close proximity to key localities like Murugeshpalya, Indira Nagar and C V Raman Nagar. Jeevan Bima Nagar has good connectivity to important locations of the city and is home to facets like offices, schools, hospitals and shopping areas. It makes for a good residential property investment due to its infrastructure and locality amenities.
Jeevan Bima Nagar Bangalore is inhabited by a diverse mix of people including white-collar professionals working in the nearby industrial areas, defense personnel stationed in HAL and retired government employees. Residents enjoy a comfortable lifestyle with access to amenities within the neighborhood like schools, hospitals, shopping areas and offices. The culture is cosmopolitan with people from different parts of India living together harmoniously. Senior citizens find the safe, peaceful environment suitable for their retirement years.
Jeevan Bima Nagar is well-connected to the rest of the city through major roads. Old Madras Road and Suranjan Das Rd are some of the major thoroughfares nearby providing quick access to central business districts and the airport. The locality is served by the Indira Nagar metro station on the Purple Line, reducing travel time significantly. National Highway 44 skirts the area, connecting it to important destinations within Karnataka and neighbouring states. YOu can access the Jeevan Bima Nagar map for more information.
Jeevan Bima Nagar residents enjoy excellent social infrastructure with renowned schools like HAL Public School, Sacred Heart Higher Primary School and St. Thomas Public School in close proximity. Colleges including Vishweshwara College, Sacred Heart Girls First Grade College and CCIMS Teacher Training Institute are nearby. There are super specialty hospitals like BEML Hospital, Ojus Multispeciality Hospital, Chinmaya Mission Hospital and Medray Hospital catering to healthcare needs according to the Jeevan Bima Nagar Map. Residents can shop at malls like Reliance Trends and Lido Mall for daily needs. BigBasket and More Supermarket cater to grocery requirements.
The Jeevan Bima Nagar Property Rates have seen an upward trend over the last decade owing to improved infrastructure and connectivity. Established residential locations with good social amenities demand premium property prices ranging from Rs. 1Cr to Rs 2.50Cr per sq ft for apartments. Growing rental demand from IT professionals and nuclear families has led landlords to fetch monthly rents of ₹8,500-30,000 for 2BHK and 3BHK flats respectively. Proximity to offices in HAL and Indira Nagar drives the Jeevan Bima Nagar Property Price. Property rates are expected to increase by 5-10% over the next year due to planned metro connectivity. Rents too are likely to see a minor increase of 5-8% due to persistent demand from working professionals.
Jeevan Bima Nagar is well-connected to major employment hubs of Bangalore which are within reach. The proximity makes commuting to work convenient for residents. Some of the top employment hubs near Jeevan Bima Nagar are-
Being a large locality, Jeevan Bima Nagar comprises several well-known sub-areas that have come up over the years. Some of the most popular areas near Jeevan Bima Nagar are:
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