Overview
Mahadevapura is a suburb in Bangalore Urban district, Karnataka, well-connected by Outer Ring Road and Whitefield Road. As a major IT hub, it houses numerous tech companies and offers a mix of residential properties, shopping malls, and educational institutions. The area attracts young professionals and families, driven by employment opportunities and urban development.
Area Insights
Vibe & Community
Mahadevapura has a cosmopolitan vibe fueled by its status as a major IT hub. The area is a mix of residential and commercial spaces, attracting a diverse population of young professionals and families. The lifestyle is fast-paced, with numerous shopping malls, restaurants, and entertainment venues catering to the IT crowd.
Connectivity
Mahadevapura enjoys excellent connectivity through Outer Ring Road (ORR), Whitefield Road, and the operational Purple Line metro. These routes link it to key areas such as Whitefield, Marathahalli, and KR Puram. Ongoing infrastructure projects aim to further reduce traffic congestion and improve the overall commuting experience.
Market Insights
The real estate market in Mahadevapura has seen significant appreciation in recent years, driven by its proximity to IT hubs and increasing demand for housing. Property rates have risen, making it a profitable area for both buying and selling. The average price per sqft is approximately INR 9,862, with an annual appreciation rate of 16.74%.
Amenities & Infrastructure
The locality is well-equipped with essential amenities, including top-rated hospitals like Manipal Hospital and Sri Lakshmi Super Speciality Hospital, and reputable schools such as Gopalan National School and The Brigade School. Multiple shopping malls such as Phoenix Marketcity and VR Bengaluru Mall provide ample retail and entertainment options.
Investment Perspective
Mahadevapura is a promising investment destination, particularly for capital appreciation. Its status as a major IT hub ensures a steady demand for rental properties and capital appreciation. The area is best suited for end-users and investors looking for properties with high appreciation potential.
Nearby Amenities
Top Schools
- Gopalan National School
(N/A) - The Brigade School
(CBSE) - MTB Jnana Jyothi Vidyanikethan
(CBSE)
Healthcare
- Manipal Hospital Whitefield
- Sri Lakshmi Super Speciality Hospital
- KIMS Hospitals, Mahadevapura
