palace guttahalli bangalore

Palace Guttahalli is located in north-west Bangalore near Majestic. This peaceful locality is situated near Tumkur Road and Mysore Road. The Palace Guttahalli pin code is 560003. Palace Guttahalli is well connected to the main areas of the city like Yelahanka and Koramangala. It is very close to prominent IT hubs like Manyata Tech Park and Wipro campus, providing easy access to corporate offices in the vicinity.

Palace Guttahalli Bangalore is one of the oldest districts of Bangalore, located in the north-west part of the city. It derives its name from the Bangalore Palace which is situated right next to it. 

Palace Guttahalli is largely inhabited by upper middle-class families working in the numerous corporate offices in the vicinity. Residents typically lead a relaxed lifestyle yet connected to the city via the close proximity to major tech parks. The locality has a cosmopolitan culture with people from different parts of India and abroad settling here. It has an eclectic mix of communities living harmoniously together. Neighbors know each other and celebrates festivals jointly, creating a sense of warm camaraderie.

Physical Infrastructure of Palace Guttahalli 

The Palace Guttahalli infrastructure is well connected via major transportation routes in the city. It is just 6km from Hebbal which is a junction point of Outer Ring Road and NH 44 and 75. The closest metro station, Sampige Road Metro Station on Green Line, is around 2 km away providing quick access to nearby regions. Multiple buses are plying on the main roads around helping residents reach important business, commercial and education hubs in the city. You can access the Palace Guttahalli map to check these routes.

Social and Retail Infrastructure of Palace Guttahalli 

Palace Guttahalli is well served by excellent social and retail infrastructure. Some of the prominent schools in the area include B P Indian Public School, Sri Krishna Academy and The Bangalore Education Society. For healthcare, nearby hospitals include Vijaya ENT Care Centre and Narayana Super Speciality Hospitals. Residents can easily access the well-known Big Bazaar for their daily grocery and shopping needs. The area is also emerging as an education hub with reputed colleges like IMS Malleshwaram and Rajiv Gandhi College of Law in proximity. An array of restaurants, pubs and eateries along Guttahalli Main Road provide great dining options to residents.

Real Estate Market Trends and Rental Demand in Palace Guttahalli 

The Palace Guttahalli property rates have increased steadily over the last few years owing to its strategic location and excellent social and physical infrastructure development. As a well-connected locale in the centre of the city, the Palace Guttahalli property prices are currently between ₹6000-7142 per square foot. 

Meanwhile, rental demand from tenants has also risen sharply with working professionals and students preferring to rent apartments in this region due to the close proximity to IT hubs, educational institutions and amenities. Landlords can charge rents ranging from ₹10,000-30,000 for 2BHK. Rental yields and capital appreciation are very attractive for investors in this micro-market.

Top Employment Hubs near Palace Guttahalli

Being near major IT/business hubs, Palace Guttahalli has emerged as a top employment hub for professionals working in these areas. Some of the top employment hubs near Palace Guttahalli are- 

• Manyata Tech Park – 12 Km 
• Embassy Manyata Business Park – 10 Km 
• Globe Tech Park – 7 Km 
• Bagmane Tech Park – 10 Km 

Famous Sub-Localities / Colonies / Areas near Palace Guttahalli 

Being a large micro-market, Palace Guttahalli comprises of many sub-localities and residential colonies that have come up over the years. Some popular areas near Palace Guttahalli are- 

• Basappa Garden
• Malleshwaram West
• TR Layout
• DNR Layout
• KB Nagar

Things to do in Palace Guttahalli 

Discover the best of Bengaluru right on your doorstep in Palace Guttahalli! Home to some of the most iconic landmarks and attractions the city has to offer. Some of the top landmarks near Palace Guttahalli are- 

• Just a short 20 minutes away lies the sprawling Lalbagh Botanical Garden, a floral paradise perfect for peaceful walks among nature. Spread over 240 acres, it's a verdant escape from the hustle and bustle of city life.
• For those who love history, Cubbon Park is the place to be. Walk along tree-lined avenues and feel transported to a bygone era in this iconic city lung. With sports facilities, play areas for kids and more, it's the place to see and be seen.
• Delight your senses at the atmospheric Krishna Temple. Feast on their renowned culinary offerings before taking in melodious devotional music and dance performances at regular cultural events.
• Thrill-seekers can get their adrenaline fix at Innovative Film City, an educational amusement park featuring scaled miniatures of global landmarks. Ride state-of-the-art simulators and discover the world from the comfort of Palace Guttahalli.
  

The Palace Guttahalli locality has transformed tremendously over the past decade into a thriving residential and commercial destination. Backed by a strategic location, excellent social and physical infrastructure, and access to the best employment and lifestyle amenities - it offers an ideal living solution for both homebuyers and investors alike.

What’s Good about Palace Guttahalli?

• Easy access to major IT/commercial hubs, along with the city centre makes it an ideal location.
• Excellent social amenities like hospitals, schools, colleges and markets enriching quality of life.
• Upcoming infrastructure projects like metro lines and ring roads will boost connectivity.
• Abundant open/green spaces like cubbon park and lakes offer a balanced lifestyle.
• Rising property values and firm rental yields provide wealth creation and stable returns on investment.

What’s not Good about Palace Guttahalli?

• Reducing traffic congestion on the inner roads during peak hours.
• Fast tracking incomplete infrastructure projects to avoid delays.
• More entertainment/recreational facilities for residents of all ages.
• Better upkeep of lakes and improving surrounding environment.
• Encouraging diversified community development not just residential.