Kanakapura Road has become the hotspot of the city of Bangalore. Kanakapura Road originates in the city at Krishna Rao Park in Basanavagudi. It is close to J.P Nagar, Banashankari, Jayanagar and is 16 km away from M.G Road. It has a metro station. Kanakapura Road in the south of the city is one of the fastest growing localities because of its connectivity, accessibility to Electronic City and supply of Cauvery water. This is why a larger fraction of new launch projects in Bangalore are launched in this area and the neighborhood surrounding it.
Connectivity has played an important part in the growth of this area. The region is well-connected with the NICE corridor and has good metro connectivity. Kanakapura Road has become active on the real estate radar, especially in the residential sector, thanks to the infrastructure development and excellent connectivity. Location wise too this locality works for a number of reasons. Affordable land prices and water supply from Cauvery River are the two important factors for a boom in this area.
Kanakapura Road is a micromarket accessible to IT-hubs on the nearby Bannerghatta Road, Sarjapur Outer Ring Road and Electronic City. In addition, the proximity to well-developed JP Nagar, Banashankari and Jayanagar has facilitated the natural extension of the city into the Kanakapura Road real estate market. Kanakapura has been a tourist hotspot location and is also the Art of Living Ashram is located here which is a big attraction for people from all over the world. The ashram has an ayurvedic clinic, meditation hall and a large amphitheater.
Renowned educational institutes are also located here like IIAEM, CREST and others which make Kanakapura preferred for those studying here. The other interesting feature coming up is the Krishna Lila Park being developed by ISKCON; it will be like a Disney land 4D technology theme park. Keeping all this inmind all the big developers have their projects here. The prices are going up and with the development and accessibility Kanakapura is a place where it is worth it to own a property, and investing here will be profitable in the long run.
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