Overview
Yelahanka New Town is a rapidly developing residential hub in North Bangalore that blends tradition with modernity. Its strategic location, excellent connectivity, and developing infrastructure make it a sought-after destination for homebuyers and investors alike. The area boasts lush greenery, several lakes, and a relatively peaceful environment compared to the core city areas. It offers a range of housing options from affordable apartments to luxury villas, catering to diverse budgets and preferences.
Area Insights
Vibe & Community
Yelahanka New Town offers a unique blend of old-world charm and modern amenities. The area is known for its peaceful environment, lush greenery, and well-planned layout. It is an ideal location for families, retirees, and young professionals seeking a serene yet connected lifestyle. The presence of numerous parks and lakes adds to the area's appeal, providing ample opportunities for recreation and relaxation. The local vibe is friendly and community-oriented, making it a welcoming place to call home. The demographic is largely South Indian and family-based, with an increasing number of young professionals moving into the area.
Connectivity
Yelahanka New Town enjoys excellent connectivity to other parts of Bangalore, primarily due to its strategic location. It is close to Kempegowda International Airport, making it convenient for frequent flyers. The area is well-connected through Bellary Road (NH44) and Yelahanka Railway Station. The upcoming metro line is expected to further enhance connectivity, reducing travel time to other parts of the city. Commute times to major hubs like the airport and IT corridors are reasonable, making it an attractive location for working professionals. The presence of several flyovers and bridges also contributes to smooth traffic flow.
Market Insights
The real estate market in Yelahanka New Town is experiencing steady growth, driven by increasing demand and infrastructure development. Property prices have been appreciating at a healthy rate, making it a promising investment destination. The average property prices range from ₹4,500 to ₹8,000 per sq. ft., depending on the type and location of the property. Rental yields are also attractive, ranging from 3.8% to 4.3%. With the upcoming metro line and other infrastructure projects, the market is expected to further appreciate in the coming years. The area offers a wide range of housing options, from affordable apartments to premium gated communities, catering to diverse budgets and preferences. The market is driven by airport employees, defence personnel, IT professionals, and upper-middle-class families.
Amenities & Infrastructure
Yelahanka New Town boasts a well-developed social infrastructure, with a wide range of amenities available to its residents. The area is home to several reputed schools, colleges, hospitals, and shopping malls. Top-rated hospitals like Aster Clinic and Kishore Multi Speciality Hospital ensure access to quality healthcare. Renowned schools like Mallya Aditi International School and National Public School provide excellent educational opportunities. The presence of shopping malls like RMZ Galleria Mall caters to the retail and entertainment needs of the residents. The area also has numerous parks and lakes, providing ample opportunities for recreation and relaxation.
Investment Perspective
Yelahanka New Town presents a promising investment opportunity due to its strategic location, developing infrastructure, and affordable housing options. The area has witnessed significant real estate growth in recent years, with property prices steadily increasing. The upcoming metro line, road upgrades, and new colleges and hospitals are expected to further drive growth in the coming years. Rental yields are also attractive, making it a good option for investors looking for rental income. The area's proximity to IT hubs and the airport ensures a steady demand for rental properties. Overall, Yelahanka New Town offers a balanced investment opportunity with potential for both capital appreciation and rental income.
Nearby Amenities
Top Schools
- Mallya Aditi International School
(international) - National Public School
(cbse) - Seshadripuram Public School
(cbse) - Chrysalis High
(cbse)
Healthcare
- Aster Clinic
- Kishore Multi Speciality Hospital
- Navachethana Hospital
- Omega Multispeciality Hospital