Overview
RMV Dollar Colony, located in RMV Extension Stage 2, North Bangalore, is a well-established and prestigious residential area. It's characterized by wide roads, lush greenery, and a serene environment, making it a sought-after location for high-profile individuals, business executives, and families. The area provides a balanced lifestyle with easy access to essential amenities and major city hubs. It's conveniently located near New BEL Road, Sanjay Nagar and Yeshwanthpur. This area is known for luxury properties, high-end living, and its central location, offering easy access to business districts and commercial centers.
Area Insights
Vibe & Community
RMV Dollar Colony exudes an upscale and serene ambiance, appealing to those seeking a peaceful residential environment within the city. The area is characterized by its well-maintained streets, abundant greenery, and a strong sense of community. It's a blend of traditional charm and modern convenience, making it ideal for families, retirees, and professionals who appreciate a quieter lifestyle without being too far from the city's amenities. The presence of parks like Jaya Prakash Narayana Park further enhances the quality of life, providing residents with spaces for recreation and relaxation.
Connectivity
RMV Dollar Colony enjoys good connectivity to major parts of Bangalore. New BEL Road and Tank Bund Road ensures seamless road connectivity. Public transport options, including metro and bus services, are readily available, making commuting convenient for residents. The Green Line Yeshwanthpur Metro Station offers connectivity to various parts of the city. Kempegowda International Airport is approximately 28 km away, and major railway stations are also easily accessible, ensuring convenient travel options for residents.
Market Insights
The real estate market in RMV Dollar Colony is considered premium, with property values reflecting its desirable location and upscale nature. Average property prices are around INR 12,081 per sqft. The market primarily caters to high-end buyers and investors seeking quality housing and long-term appreciation. While specific appreciation rates and rental yields may vary, the area's reputation and proximity to key commercial hubs ensure sustained demand. Due to the limited availability of properties and high demand, the area is generally regarded as a stable and secure investment destination.
Amenities & Infrastructure
RMV Dollar Colony benefits from its proximity to essential social infrastructure. The area is close to several reputable hospitals, including Aster CMI Hospital and M S Ramaiah Memorial Hospital, ensuring access to quality healthcare services. It also has a number of well-regarded schools in the vicinity, catering to the educational needs of families. Additionally, residents have access to various shopping centers and recreational facilities, enhancing their overall quality of life. The presence of the Rajamahal Vilas Club adds to the area's appeal, providing residents with a venue for social and recreational activities.
Investment Perspective
Investing in RMV Dollar Colony is generally considered a sound decision due to its premium location, well-developed infrastructure, and high-end residential environment. While the initial investment may be higher compared to other areas, the potential for long-term capital appreciation and stable rental income makes it an attractive option for investors. The area's desirability among high-profile individuals and professionals ensures sustained demand for quality housing, further supporting its investment potential. It is recommended to conduct thorough due diligence and seek expert advice before making any investment decisions.
Nearby Amenities
Top Schools
- Little Millennium RMV
(pre_school) - Narayana Olympiad School
(N/A) - National Public School
(N/A)
Healthcare
- Aster CMI Hospital
- M S Ramaiah Memorial Hospital
- Raj Mahal Vilas Hospital