Pincode: 560001
Situated in: East Bangalore
State: Karnataka
District: bangalore
Total Area: 1.83 km²
Population: 42698
Population Density: 23384
Vasanth Nagar is a posh central Bangalore neighbourhood. It borders the Bangalore Golf Club, Palace Grounds, Shivajinagar, and Bangalore Cantonment north of the city centre. The Vasanth Nagar pincode is 560052. Because of its prestigious location and proximity to the Bangalore Central Business District and other famous addresses, this neighborhood is experiencing an increase of luxury residences.
Vasanth Nagar was a Bangalore Cantonment hamlet. Early 1900s home development made it popular with wealthy and upper-middle-class families. Because of its upscale location and close proximity to the Bangalore Central Business District and other notable addresses, this neighborhood is experiencing an increase in the construction of luxury residences.
The affluent High Grounds neighborhood is a small one, home to numerous former MLAs, police officers, and government administrators. The Bangalore Golf Club, the Palace Grounds, Shivajinagar, and the Cantonment encircle it. Today, this district has great commercial success and is bordered by important thoroughfares, hotels, offices, and landmarks.
Vasanth Nagar infrastructure ensures the area is well-connected to other parts of Bangalore by road, rail, and Metro. There is an excellent road and highway network in the area, including the Bangalore Metro Green Line, which stops at Vasanth Nagar. Vasanth Nagar is situated close to the Outer Ring Road (ORR), a significant thoroughfare that links several areas of Bangalore. Vasanth Nagar is situated close to National Highway 44 (NH-44), which links Bangalore with Hyderabad and Chennai, according to the map. Vasanth Nagar is crossed by the expressway known as the Nice Ring Road (NICE Road). It offers a quicker and more practical means of transportation throughout Bangalore. The Bangalore Metro Phase 2 project includes an extension of the Green Line from Vasanth Nagar to Nagasandra. This extension is expected to be completed by 2024. As of now, the nearest metro station is Cubbon Park. A new flyover is being constructed at the intersection of Cunningham Road and M G Road. The NICE Road Phase 2 project includes an extension of the NICE Road through Vasanth Nagar. This extension is expected to be completed by 2025.
Vasanth Nagar Bangalore has an excellent social and retail infrastructure, with many schools, colleges, hospitals, malls, and other amenities. Some of the popular schools in Vasanth Nagar include Mount Carmel College, National Public School, Bishop Cotton Boys' School and Vidyashilp Academy. Some of the famous colleges in Vasanth Nagar include Indian Institute of Management Bangalore (IIMB), National Law School of India University (NLSIU), NIMHANS and Mount Carmel College. Some of the famous hospitals in Vasanth Nagar include Fortis Hospital, Vikram Hospital, SPARSH Hospital and Bhagwan Mahaveer Jain Hospital. Some of the popular malls in Vasanth Nagar include 1MG Mall, Garuda Mall, Orion Mall, Forum Value Mall and Mantri Square.
Vasanth Nagar property rates have risen steadily. The average property rate in Vasanth Nagar is around rs 9,911 per sqft. This is greater than the average property rate in Bangalore, which is roughly rs 11,000 per sq ft. Several factors have contributed to the rise in Vasanth Nagar property price in Vasanth Nagar. These include the locality's proximity to the city centre and significant IT hubs, the presence of several good schools, colleges, and hospitals in the locality, the development of new infrastructure projects in the locality, such as the Metro and flyovers and the increasing demand for luxury housing in Bangalore. Vasanth Nagar has significant rental demand. The monthly rent for a 2BHK flat in Vasanth Nagar is around rs 30,000 per month. This is greater than the average monthly rent for a 2BHK flat in Bangalore, roughly rs 25,000 per month.
The high rental demand in Vasanth Nagar is due to the following factors:
Bangalore's Vasanth Nagar has numerous major IT business parks. Within 10 kilometres of Vasanth Nagar, these are 5 prominent employment hubs near Vasanth Nagar:
Vasanth Nagar, a renowned Bangalore neighbourhood, has 2 popular sub localities namely:
Bengaluru Golf Club, Palace Grounds, Shivajinagar, and Bangalore Cantonment surround it. This commercially active neighborhood is surrounded by important roadways, landmarks, offices, and hotels.
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