new tharagupet bangalore

New Tharagupet is a residential locality located in Bangalore Central. It is situated off Mysore Road, near Jakkur. The property is well-connected to other parts of the city via major roads like Mysore Road and Rashtreeya vidyalaya road. The New Tharagupet PIN code is 560002. It is close to popular localities like Shankarapuram, Chamrajpet, Sudhama Nagar, Basavanagudi and Shanti Nagar. It is ideal for people looking for affordable housing options with easy city access.

New Tharagupet Bangalore is a residential area with many middle-income families and young professionals. It attracts people seeking affordable dwellings yet access to the city. Given its suburban location, the lifestyle here is more relaxed than in the inner areas. People value privacy, greenery, and community living. Cultural diversity is also seen with people from different parts of India living harmoniously. Residents frequently organize community events, festivals, and senior citizen activities to unite the neighborhood.

Physical Infrastructure of New Tharagupet 

New Tharagupet infrastructure is well connected with major transportation infrastructure. It is located just off Mysore Road, providing quick access to all parts of the city. The closest metro station is chickpet metro station on the Green Line, about 1.5 km away. The locality is also well connected by the Marathahalli Bridge, which links it to Old Airport Road and Central Business District. Multiple private and state-run buses ply on the Outer Ring Road. Check out the New Tharagupet map for more details.

Social and Retail Infrastructure of New Tharagupet 

The new Tharagupet area is well-served with social infrastructure and amenities. Some of the renowned schools in the area include Planet Kids Basavanagudi, Fort High School, Jnanodaya School and Deepika School. For healthcare needs, BMCRI Super Speciality Hospital/PMSSY Hospital, Institute of Nephro Urology, Regional Institute Of Ophthalmology Victoria Hospital, Victoria Hospital and Vanivilas Hospital are just a few kilometers away, according to the New Tharagupet map. In terms of retail options, Cubbon Park Centre Point and Forum Koramangala Mall are very close by to fulfill residents' shopping and entertainment requirements. The malls have national brands along with restaurants and movie theaters. Overall, New Tharagupet offers its inhabitants a well-balanced social and retail environment.

Real Estate Market Trends and Rental Demand in New Tharagupet 

The real estate market in New Tharagupet has been growing steadily over the past few years. New Tharagupet Property rates have appreciated by around 15-20% over the last year primarily due to its strategic location and excellent social and physical infrastructure developments. Being well-connected to the Outer Ring Road and surrounded by prominent educational and healthcare institutions, demand for buying and renting properties has significantly risen. This increase in demand has pushed up average New Tharagupet property prices to around ₹5,333-7,950 per sqft for independent houses. Similarly, rental returns have also witnessed a 10-12% growth as tenants are willing to pay premium prices for developed social ecosystems. Current rental prices are between 10000- 20000 per month. Both investors and end-users are keenly looking to enter this thriving real estate market.

Top Employment Hubs near New Tharagupet 

New Tharagupet is located near some of the major employment hubs of Bengaluru. With these significant employment centers within a 10-15 km radius, New Tharagupet residents are OK with workplace issues. It has substantially increased the demand for housing in this location. Some of the top employment hubs near New Tharagupet are-

• Manyata Tech Park- 16.5 Km
• Embassy Manyata Business Park- 14.2 Km
• International Tech Park Bangalore- 21.3 Km
• Whitefield- 22 Km

Famous Sub-Localities / Colonies / Areas near New Tharagupet 

Within the broader region of New Tharagupet, several well-established sub-localities have come up over the years. These sub-localities have further augmented New Tharagupet's appeal as a preferred residential destination. Some famous areas near New Tharagupet include-

• Kamalanagar
• Sultanpete
• Bangalore Mysore Highway
• Jolly Mohalla
• Rajagopalnagar

Things to Do in New Tharagupet 

• Spend your weekends unwinding in the lush greenery of Cubbon Park, Bangalore's pride, attracting visitors for over a century.
• Nature lovers must experience the scenic views and diverse flora at Lalbagh Garden, a botanical paradise in the city's heart. Work off those extra calories with a jog around peaceful Madiwala Lake while admiring the scenic vistas.
• Treat your taste buds at the food street of Old Airport Road, a foodie's heaven offering delectable bites from across India.
• Satiate your shopping cravings at Forum Mall, a massive hangout destination with top brands, restaurants, and a power-packed range of entertainment options under one roof.
• Catch the latest blockbuster or indulge in indulgent delicacies at the uber-luxurious PVR Cinemas at Manyata Tech Park.

What’s Good about New Tharagupet ?

• Well-developed social infrastructure with top schools, hospitals, and establishments.
• Easy access to major IT parks, ensuring great job opportunities.
• International standard amenities and conveniences of modern living.
• Reliable connectivity via Outer Ring Road and other roads.
• Round-the-clock retail options and entertainment hotspots.

What’s not Good about New Tharagupet?

• Higher property prices compared to other parts of the city.
• Traffic congestion on main roads during peak hours.
• Lack of quality public transportation in some regions.
• Need for green cover and open spaces in certain localities.
• Water scarcity and wastage issues due to rapid infra growth.
• Security concerns in newly developed but isolated pockets.