Pincode: 560070
Situated in: South Bangalore
State: Karnataka
District: bangalore
Total Area: 1.18 km²
Population: 33749
Population Density: 28687
Padmanabhanagar is a residential neighbourhood located in South Bangalore. It is situated off 100 Feet Ring Road, easily accessible from various parts of the city. The Padmanabhanagar PIN code is 560070. Padmanabhanagar is close to popular areas like Banashankari, BTM, and JP Nagar, which host many offices, restaurants, pubs, and shops, making it a convenient location.
Padmanabhanagar Bangalore is a growing neighbourhood with a diverse community. It attracts young working professionals, families, and immigrants due to its vibrant culture and affordable housing options. Residents enjoy a comfortable lifestyle with various civic amenities located nearby. The local culture is cosmopolitan, with people from different parts of India living harmoniously. Many residents work in the nearby giant tech parks and business districts of Koramangala, Silk Board, and HSR Layout. The locality has various social, religious, and cultural events throughout the year.
The Padmanabhanagar infrastructure locality is well connected with major transportation networks in the city. The closest metro station is Banashankari Metro Station, around 2.3 km away. It is located right beside Outer Ring Road, one of the primary ring roads of Bangalore, providing quick access to all parts of the city. The locality is also well connected to major highways like Kanakapura Road and Mysore Road via ORR. You can access the Padmanabhanagar Map to check these routes.
Padmanabhanagar is well-served with social infrastructure and amenities. Some of the top schools located close by include Appollo National Public School, Planet Kids, and Prarthana Education Society. Reputable engineering colleges like ICFAI and Apoorva Institute Of Management Studies are at a distance of 2-3 km. DG Hospital and Yogananda Medical & Research Centre are the closest multi-specialty hospitals within 5 km. Regarding retail options, malls like JP Nagar Central and Gopalan Innovation are approximately 4-5 km away. Small neighbourhood shopping centres like Reliance Fresh cater to daily needs like grocery shopping within 2 km.
Padmanabhanagar Property Prices have increased steadily over the last five years owing to its strategic location and good social infrastructural development. Padmanabhanagar Property Rates are Rs. 12,000-23,937 per sq. ft depending on configuration, floor, and amenity package. The average appreciation has been around 10-15% annually. With the commissioning of a nearby metro line, rents have also gone up by 15-20%. Tenants are willing to pay ₹15,000-25,000 per month for 2 BHK apartments owing to ease of connectivity to IT/BT hubs and amenities. Landlords prefer letting out apartments to IT professionals to leverage the demand. The rental trend is expected to remain upwards with more social infra projects coming up.
Padmanabhanagar is a well-established neighbourhood with excellent social and physical infrastructure, making it a convenient, livable, and highly desirable location. Its proximity to major employment hubs and recreational amenities makes it an ideal investment or occupation choice for years to come.
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