Overview
Dollars Colony in Bangalore is one of the most luxurious and popular places to live, famous for its grand homes, calm environment, and high-profile residents like business leaders, celebrities, and top professionals. It is a well-planned area with wide roads and greenery. The area got its name because many NRIs (who earned in dollars) invested in properties here during its early development. It offers a tranquil, green environment with a touch of city charm, making it a desirable place to live.
Area Insights
Vibe & Community
Dollar Colony is an upmarket residential locality known for its luxurious homes and peaceful environment. It's a well-planned area with wide roads and plenty of greenery, making it an ideal place for families and retirees seeking a serene living experience. The area attracts high-profile residents and offers a sense of community.
Connectivity
Dollar Colony is well-connected to all areas of Bangalore through BMTC buses and the Green Line of the metro. It is located approximately 28-30 km from Kempegowda International Airport, with a travel time of 30-40 minutes. The locality is also easily accessible to major commercial hubs like Majestic and MG Road.
Market Insights
The real estate market in Dollar Colony is characterized by high demand and premium property values. Apartment prices range from ₹13,700 to ₹19,500 per square foot, while land prices range from ₹15,300 to ₹35,900 per square foot. Rental prices for 3 BHK flats start around ₹60,000 per month. Due to its posh location and excellent infrastructure, Dollar Colony offers significant potential for capital appreciation.
Amenities & Infrastructure
Dollar Colony boasts excellent social infrastructure with top-rated schools and hospitals in close proximity. Residents have easy access to upscale restaurants, cafes, and popular malls such as Orion Mall, Esteem Mall, and Phoenix Mall of Asia. Recreational places like Hebbal Lake and Amrutahalli Lake offer opportunities for nature walks and bird-watching.
Investment Perspective
Investing in Dollar Colony offers the potential for significant capital appreciation due to its prime location and high demand. While property prices are relatively high, the area's well-maintained infrastructure and proximity to IT hubs make it an attractive option for both end-users and investors looking for long-term growth. Ready-to-move-in properties provide immediate rental income, while under-construction properties may offer better appreciation potential.
Nearby Amenities
Top Schools
- Ram Gopal Narayan School
(N/A) - Gandhi Vidyalaya
(N/A) - Millennium Public School
(N/A)
Healthcare
- Ramaiah Memorial Hospital
- Manipal Hospital
- Bangalore Baptist Hospital