Proximity to Whitefield propels real estate in Kadugodi, Bangalore

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Located in the bustling hub of Whitefield, Kadugodi is an emerging residential hotspot in Bangalore, housing a number of residential and commercial projects from reputed builders. Some of the major reasons which make this locality an attractive investment destination in Bangalore, include its proximity to the prime office spaces, planned connectivity by Namma metro and its fast-appreciating capital values.

One of the fastest developing localities in Bangalore, Kadugodi has gradually evolved from a thick vegetation area to a potential realty hub, preferred owing to its proximity to the International Tech Park in Whitefield. Having witnessed massive transformation since the IT boom in the 1990s, the locality, at present is one of the most sought-after locales by the IT professionals in the city.

Living in Kadugodi

Comprising of several old-age temples in its vicinity, Kadugodi is frequently visited by those who are looking for solace in the traditional architecture of the city. However, owing to the presence of a large number of IT professionals, Kadugodi has gradually become more cosmopolitan over the years. 

Buoyed with different kinds of residential options ranging from affordable to mid-income segment units, the locality houses several projects from famed builders such as Purvankara and Sekhar Developers, among others. Inhabited majorly by the working populace, it is considered to be one of the best localities for residential development and is preferred by the developers and homebuyers, alike. The companies situated in proximity to this area include IBM, Mphasis, SAP Labs and TATA Consultancy. Whitefield, which is considered to be the hub of IT workspace in Bangalore, is situated merely at a distance of 3 km from here. Those looking for accommodation in Whitefield prefer Kadugodi because of comparatively lower capital and rental rates. The locality is approximately an hour’s drive to employment hubs such as Koramangala and Embassy Manyata Business Park.

Other than providing ease of access to the major IT Parks, Kadugodi also boasts of good social infrastructure which includes eminent schools such as Narayana Olympiad, Mount Litera Zee School, along with known hospitals such as Narayan Multispecialty Hospital and New Life. Park Square Mall and Inorbit Mall are some of the major shopping malls nearby this locality. All these factors collectively make Kadugodi an attractive rental destination, too.

Property price trends in Kadugodi

The developing commercial space in Kadugodi, and therefore the burgeoning housing demand has led the property prices in the locality to witness an appreciation in Oct-Dec 2018 as compared to the same quarter of the year 2017. As per the data available with 99acres.com, the residential units in the locality are priced between Rs 4,100 per sq ft and Rs 5,000 per sq ft.

Configuration

Average Rental Prices in Kadugodi

2 BHK

Rs 13,000-17,000 per month

3 BHK

Rs 18,000- 23,000 per month

 

 

 

 

 

Transport and Connectivity

Kempegowda International Airport is approximately an hour’s drive from Kadugodi, which is well-connected to the other prime locales of the city such as Electronic City, Sarjapur and Attibele via the Satellite Town Ring Road (STRR). The area also has a dedicated railway station, popularly known as Whitefield or Kadugodi railway station. Regular buses, operated by the Bengaluru Metropolitan Transport Corporation (BMTC), connect Kadugodi with areas such as Banashankari, Hebbal, Marathahalli, Majestic, and Shivajinagar. The upcoming Metro route is further expected to boost the connectivity quotient of the locality in the near future.

“Kadugodi is one of the best places for the IT workforce. One of the major landmarks in the locality, Sri Sai Baba Ashram attracts devotees from all over the city to this place. Traffic free access to the International Tech Park and low property rates as compared to Whitefield make Kadugodi one of the preferred locales in Bangalore”, shares Madani Peer Khan, Owner, Propheadlines.com.

With all the pre-requisites of a good investment destination, Kadugodi attracts people of all age groups - from office going to retired professionals. Further, keeping in mind the escalating price trends in the locality, it is considered to be a great investment destination for those who stay away from the hustle-bustle of the city and yet, remain well connected to it. 


Disclaimer: The views expressed above are for informational purposes only based on industry reports and related news stories. 99acres does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.


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