Kundalahalli is a rapidly developing locality based in East Bangalore. The area is a promising real estate destination primarily due to its close distance to premium localities of Bangalore such as Whitefield, Marathahalli, and AECS Layout. Due to infrastructure project such as metro and underpass in line, Kundalahalli is set to become a potential residential-cum-investment hotspot of Bangalore.
Location and Neighbourhood: Kundalahalli is a well-developed residential sector located close to commercial hubs of Bangalore such as Whitefield, Brookefield, Maratahalli, and AECS Layout. SH-35 and NH-55 are the major highways pass through this area, offering a smooth traveling experience. Proximity to International Tech Park Bangalore [ITPB] makes Kundalahalli a promising real estate hub.
Infrastructure [Social, Physical and Civic]: Kundalahalli houses some prominent hospitals such as Aayug Multispecialty Hospital, Brookefield Hospital and Apollo Cradle to cater health requirements of local residents. Ryan International School, CRM University of Architecture, Arista College of Design and Technology, etc. are some of the famous educational institutes. Along with that, Banks, ATMs, vegetable shops, convenience stores are readily available throughout the locality. Hoodi Halt and Whitefield Railway station offers swift inter-state railway connectivity to residents of Kundalahalli. Both private and government buses run throughout the day. Direct AC and Non- AC buses connect this area directly to the airport.
Rental Values: Since Kundalahalli is in proximity to plenty of education institutes and tech parks such as ITPB, Brigade Tech Park and Kalyani Tech Park and commercial hotspots of Bangalore such as Whitefield, Brookefield, Marathahalli and AECS Layout. Kundalahalli attracts IT/ITeS professionals and students who are looking for rental accommodation in a peaceful area with well-developed social infrastructure and easy connectivity to their workplaces and colleges.
Currently, the average rental rates for 1 bhk in Kundahalli are Rs. 10,909 - 12,332, 2 BHK rental price are available within the range of Rs 18,000-Rs 22,000, and 3 BHK options are available in the range of Rs. 24,386 - 26,954.
Entertainment: Brookefield Mall, Blue Sky, Inorbit Mall, and Blue Sky are some of the most popular shopping destinations located in and around Kundalahalli. Also, movie theatres such as INOX Leisure Ltd, PVR Arena, and Innovative Multiplex are also in proximity to Kundalahalli. Kundalahalli Lake, Chinappanahalli Lake, IONA Entertainment, Timezone Entertainment Pt Ltd. are some of the fun places to go out with families and kids.
Capital Values: According to research reports, Kundalahalli has observed a capital growth of 2%, QoQ. Geographic advantage,i.e. proximity to Outer Ring Road and proximity to IT hubs such as Whitefield, and excellent connectivity are the major growth driversfor Kundalahalli . Also, due to the upcoming metro Phase 2 route between Kundalahalli and Whitefield, property rates are anticipated to spur in the coming years. Currently, average capital rates in Kundalahalli are faring between the range of Rs. 6,502 and Rs. 7,012 per sq. ft.
Future Potential:A metro station is proposed to be built in Kundalahalli which will be a part of Namma Metro Phase 2. In addition, The Bruhat Bengaluru Mahanagara Palike [BBMP] has planned to build an underpass at the Kundalahalli Gate junction to ensure smooth vehicular flow across the area. Once the project gets into shape, traffic levels will significantly take a steep fall, and smooth connectivity will also act as a stimulator in shaping Kundalahalli as an investment hotspot.