Best Residential Areas for Family Living in Bengaluru

Best Residential Areas for Family Living in Bengaluru

by Godrej Properties Limited

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Bangalore is well-regarded for its gardens, lush environment, IT parks, and reputed educational institutions. Many families have recently settled here thanks to the improving infrastructure, such as roads and metro connectivity. The city offers a dazzling array of lifestyle amenities, from restaurants and recreational facilities to malls, museums, and historical sites. So, which is the best residential area in Bangalore? 

Real Estate Latest Updates

Bangalore's real estate sector continues to flourish, driven by factors such as the growing IT industry, increased job opportunities, and rising property prices. Central business districts and tech hubs like Koramangala and Whitefield have experienced significant price hikes, with property values surging by 60-80%. Nearby localities have also witnessed substantial growth, ranging from 30-50%. 

As Bangalore's economy remains robust and innovation and technology hubs expand, property prices in most areas are expected to grow by 5-8% annually.

Let’s look at a few good residential areas in Bangalore that you might want to consider for your family.
 

Best Residential Areas in Bangalore

1. Koramangala: Considered to be the best area in Bangalore for families, Koramangala is well known for its lively atmosphere and excellent amenities. It offers residential as well as commercial spaces.

2. Indiranagar: Indiranagar is a well-established neighbourhood with excellent connectivity and many amenities. It is regarded as one of the best places to live in Bangalore for a family due to its renowned schools, parks, shopping malls, restaurants, and recreational facilities.

3. Jayanagar: Known as a peaceful residential area with tree-lined streets, good schools, and parks, Jayanagar has a well-planned layout and markets and is known for its close-knit community.

4. Whitefield: A popular choice for families due to its IT hubs, international schools, hospitals, and shopping malls. Whitefield offers a modern lifestyle with various housing options.

5. JP Nagar: A well-developed residential area with good infrastructure, parks, and reputed schools, JP Nagar has a calm environment and is suitable for families looking for a quieter neighbourhood.

6. HSR Layout: HSR Layout is known for its well-planned layout, parks, and wide range of amenities. It has good schools and shopping centres and is centrally located in Bangalore.

7. Sarjapur Road: Sarjapur Road has gained popularity among families due to its proximity to IT parks, good schools, and a serene environment. It provides a combination of residential and commercial areas.

8. Bannerghatta Road: Known for its scenic beauty, proximity to national parks, and reputed educational institutions, Bannerghatta Road has good connectivity and a range of housing options.

9. Malleshwaram: A traditional residential area with a rich cultural heritage, Malleshwaram has good schools and parks and is well-connected to the city centre.

10. Electronic City: This major IT hub in Bangalore offers numerous job opportunities. It has good residential options, schools, hospitals, and shopping centres.
 

Upcoming Developments in Posh Areas in Bangalore

Bangalore is witnessing several key developments:

  • ITIR Park: An Information Technology Enabled Services & Biotechnology (ITIR) park is under construction at an estimated cost of Rs 1 lakh crore.
  • Aerospace SEZ: A Special Economic Zone (SEZ) for aerospace is being developed near Devanahalli, spanning 300 acres.
  • Aerotropolis: An Aerotropolis near the airport will create 4,000-5,000 jobs, featuring residential units, hotels, malls, and more.
  • Global Financial District: Talks are underway with major financial institutions to establish a Global Financial District.
  • Namma Metro Expansion: The expansion of Bangalore Namma Metro through Phase 2, Phase 2A, and Phase 2B aims to improve citywide connectivity and ease traffic congestion.
  • Suburban Rail Project: The Bangalore Suburban Rail Project, expected to be completed by 2025, will enhance connectivity and drive real estate growth.
  • Satellite Town Ring Road: The 204 km Satellite Town Ring Road (STRR) project, slated for completion by 2030, will boost demand in areas like Dobbaspet, Doddaballapura, Devanahalli, and more.

Price Trends in Posh Areas of Bangalore

Property prices in Bangalore correlate with proximity to IT hubs, social amenities, and connectivity. Here's a comparative analysis of average property prices per square foot in some of these upscale areas:

Average Property Prices (per Sq ft) in Posh Areas of Bangalore

AreaPrice per Sq ft
Indira NagarRs 11,300
JayanagarRs 11,620
KoramangalaRs 11,842
MalleshwaramRs 11,952
HSR LayoutRs 6,272

The final word

Bangalore's real estate landscape is thriving, offering an array of options for those seeking the best residential projects in Bangalore. With posh areas witnessing remarkable growth and upcoming developments enhancing the city's infrastructure, these areas are some of the best places to live in Bangalore for families seeking a comfortable and prosperous living environment.
 

Frequently Asked Questions

1. Which IT hubs in Bangalore are also good residential areas?

Ans: Electronic City, Whitefield, Bannerghatta Road, and Outer Ring Road are popular IT hubs with good residential options.

2. What transportation options are available in residential areas for families in Bengaluru?

Ans: Bengaluru has a well-connected transportation system, including buses, metro, and cab services, which connect most parts of Bangalore.

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