State: Karnataka
District: bangalore
Total Area: 6.94 km²
Population: 153187
Population Density: 22058
Koramangala is one of the most desirable and popular localities in Bangalore. It is a posh residential and partially commercial locality that is well-connected to almost all parts of the city. It is located in the South-East portion of Bangalore and is adjacent to Hosur Road. Koramangala is in the same neighbourhood as H.S.R. Layout, B.T.M. Layout, Ejipura, Adugodi, and Jayanagar. The Koramangala PIN code is 560034.
As the Koramangala map will show you, it is home to a diverse landscape of buildings, from residential to commercial, from retail to industrial. And just as varied is its population. With people from all over India coming here to settle down in the 1900s, it has become a multicultural locality. Most people here are salaried I.T. professionals at the large Tech setups here. Some are business owners, while some are self-employed.
When talking about Koramangala infrastructure, it is noteworthy that the area enjoys excellent connectivity to all other parts of the city. The roads that connect it to the rest of Bangalore include Hosur Road, Outer Ring Road, Intermediate Ring Road, and Sarjapur Road.
While Koramangala still needs a metro station of its own, plans are in place for the construction of Metro Line 3, which would enhance the overall connectivity of the area. It is supposed to be completed by the end of 2023, under the Phase 2 part of Metro construction. However, some metro stations are close to Koramangala, such as the Trinity metro station, South End Circle metro station, and the Halasuru metro station.
Koramangala enjoys superb social and retail infrastructure. It is a self-sufficient locality, with access to almost all modern conveniences required by people to have a comfortable life. There are plenty of reputed schools and colleges here, apart from hospitals, shopping malls, parks, entertainment centres, and much more.
Some of the best schools in the area are St. Francis High School, B Mona High School, National Public School, Bethany High School, Chinmaya Vidyalaya, Holy Saint Public School, and P N S School, among others. The best colleges in Koramangala are R.J.S. First Grade College, Jyothi Nivas College, S.T. Francis College, Sri Chaitanya PU College, Visweswarapuram College Of Arts & Commerce, and Florence College Of Nursing.
Koramangala is home to some of the biggest names in the retail sector as well. Some of the best shopping malls and popular landmarks in Koramangala are Tibet Mall, Nexus Mall, Raheja Arcade, Market Square Mall, Oasis Centre, and Asha Plaza, among several others.
Koramangala has been witnessing fluctuations as far as the real estate market trends are concerned. With demand falling to its lowest in mid-2021, there has been an exponential rise in the demand for residential as well as commercial units since then. The demand is being led by the constant growth and development in the area, such as planned government projects.
Koramangala Property Prices for buyers can range from Rs. 33 Lakhs to nearly Rs. 5 Cr., based on the size and location of the unit. For those looking to rent houses here, the Koramangala property rates can range from Rs. 17,000 to Rs. 1.35 Lakhs per month, apart from the security deposit and advance rent. Commercial properties for rent start from Rs. 1.69 Cr. and can go up to Rs. 50 Cr. or more.
Koramangala enjoys proximity to various business centres and employment hubs. A few of the main employment hubs near Koramangala include:
As is the norm, an area as large as Koramangala comprises several smaller sub-localities that are well connected with the rest of the city and are self-sufficient hamlets.
Here are a few of the main sub-localities in Koramangala:
Take a look at some of the best and most popular things to do in Koramangala:
In conclusion, Koramangala is a superb place for families and singles alike. Not only is it well-connected to almost all parts of Bangalore, but it is also one of the most well-developed areas of the city. It has a strong retail and social infrastructure, with plenty of schools, colleges, and hospitals in the area. The rising demand for new residential and commercial units here is driving further growth in the area.
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