The commercial hubs of Bangalore have gradually expanded onto the new development hubs on the city outskirts. These new micro-markets have huge land banks and high potential for residential and commercial property development. The locality of Rajaji Nagar is one such highly sought-after region in the north-west of Bangalore. It is surrounded by rapidly developing localities of Yeswanthpur and Malleswaram. This Yeswanthpur-Rajajinagar-Malleswaram corridor has witnessed rapid infrastructural growth and residential property development over the last decade.
One of the primary reasons for the rapid development of Rajaji Nagar is its proximity to the central business districts (CBD). Over the years, corporate bodies looking for alternate destinations close to CBD have formed an extended CBD in Rajaji Nagar. Grade-A commercial establishments such as Brigade WTC and Golden Heights and top industries like Reylon Softech Ltd., Quest Informatics Private Ltd. and Omex Industries are functioning in the region.
The region has witnessed a high demand for residential property since the development of Namma Metro Network in the area. Reputed schools found in the region include St. Marks Convent, Gurukripa Education Society, St. Anthony’s Convent, and National Public School. It has prominent healthcare facilities in its proximity such as ESI Hospital, Jinka Hospital, Jinka Nursing Home, The Modern Eye Clinic, and Government Hospital.
Constant capital appreciation of the region and its constant infrastructural development has attracted top builders like V Raheja, Purvankara, Brigade Group, Phoenix Ltd., Pride Group, Ranka Group and Sobha Developers to work in the region. Well-connected through Mahakavikuvempu Road and 8th Main Road the region has high residential and commercial demands.
About Phoenix One Bangalore West
Situated in Rajaji Nagar, Bangalore is the posh residential complex of Phoenix One Bangalore West. The project has an IGBC Gold certification and has an RCC framed earthquake resistant structure. Spread over 17 acres of prime land, this luxurious estate has 24*7 security features with firefighting equipment, video security, etc. has been provided for the residents. The apartments available for sale in the complex are in the configuration of 2, 3, and 4 BHK units. The abodes have a constant water supply, power back up facilities and premium quality branded installations. Homes span over an area ranging from 1761 sq.ft. to 3608 sq.ft. The apartments have been priced in the range of Rs. 2.55 crores to Rs. 5.59 crores. Intercoms connected to the security hub have been offered in each home. Amenities offered in the estate include landscaped gardens, kids’ play area, swimming pool, gym, clubhouse, café, theatre, convenience store, multipurpose hall, etc. Eco-friendly features like sewage treatment plant and rainwater harvesting have been provided for in the complex.
November 01, 2018