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banashankari bangalore

Pincode: 560050

Situated in: South Bangalore

Banashankari Bangalore Location Map

550 Flats for Sale in Banashankari

1318 Flats for Rent in Banashankari

State: Karnataka

District: bangalore

Total Area: 13.14 km²

Population: 361799

Population Density: 27542

Overview Properties for Rent Properties for Sale Top Builder Projects Our Services

About Banashankari, bangalore

Banashankari is a residential locality situated in west Bangalore. Located off Mysore Road, Banashankari is easily accessible from all parts of the city. The Banashankari PIN code is 560050 and Itis close to other popular areas like Kesari Nandana, Ittamadu, Gurudatta Layout, and Kamakya Layout. Banashankari offers a perfect mix of connectivity, amenities, and peacefulness. 

Banashankari Bangalore has grown into the largest locality in Bangalore, extending from Mysore Road to Kanakapura Road and absorbing several villages and neighborhoods within its boundaries. People exhibit a progressive yet grounded culture, indulging in healthy activities like morning walks and visiting nearby parks and temples. Community bonds are strong, with regular cultural programs and resident welfare associations promoting social cohesion. The locality provides an ideal environment for growing both professionally and personally.

Physical Infrastructure of Banashankari

Banashankari infrastructure is well-connected via major roads like Mysore Road, ORR and NICE Bangalore Mysore Expressway providing quick access to different parts of the city. The area is well-served by at least 6-7 metro stations on the Green Line such as Jaya Prakash Nagar, Rashtreeya Vidyalaya Road, Jayanagar, Lalbagh, National College, and Chickpet. KSR Bengaluru City Junction is around 8km away. You can access the Banashankari Map to check these routes.

Social and Retail Infrastructure of Banashankari

Banashankari residents are well-served in terms of social infrastructure. Some of the top schools located here include Podar Jumbo Kids, Appolo Public School and Apollo Convent School. Reputable colleges like Nargund College Of Pharmacy, Nargund Independent Pre-University College and SRISHTI COLLEGE OF COMMERCE AND MANAGEMENT are at a short distance. Hospitals like Udhbhava Hospital, Aarna Hospital, and Raksha Hospital to healthcare needs. A well-developed market zone on ORR houses malls and supermarkets like Gopalan Promenade Mall, SRP Arcade as well as many restaurants, showrooms and retail stores. 

Real Estate Market Trends and Rental Demand in Banashankari

The Banashankari Property Prices have appreciated steadily over the last decade due to its safe, connected environment and thriving social infrastructure. 2BHK Banashankari Property Rates range from ₹75-90 lakh, while independent houses/villas start from ₹1.5-2 crore. Average rates are around Rs. 10,799 per sq ft. Rates are expected to rise further with upcoming metro. Rental demand also remains high, given the steady inflow of IT professionals and nuclear families. 2-3BHK flats fetch monthly rental of ₹7,000-₹55,000. Proximity to office parks and a cosmopolitan culture has cemented Banashankari's status as a preferred residential destination for tenants and landlords alike.

Top Employment Hubs near Banashankari

Bangalore is known as the Silicon Valley of India and is home to many major technology and business parks that serve as top employment hubs. Banashankari is located in western Bangalore and is close to some of the city's major employment centers. Some top employment hubs near Banashankari are-

  • Bagmane Tech Park- 16Km
  • IBC Knowledge Park- 7Km

Famous Sub-Localities near Banashankari

Banashankari is one of the popular locations in west Bangalore, known for its thriving real estate market. With access to major roads and connectivity, this area has become one of the most preferred residential destinations. Some of the famous areas near Banashankari include-

  • Kesari Nandana
  • Ittamadu
  • Kamakya Layout
  • Gurudatta Layout
  • Jayanagar

Things to Do in Banashankari

Banashankari is home to some of the most famous landmarks and tourist attractions in west Bangalore. Whether you want a break from work or spend your weekends, there is plenty to see and do in this vibrant locality. Some of the top landmarks and things to do in Banashankari include-

  • Sri Banashankari Temple is one of the area's oldest and most revered temples.
  • For nature lovers, the massive UTTARAHALLI LAKE is footsteps away, where you can find peace walking along serene jogging tracks.
  • Sri Kanteerava Outdoor Stadium is a paradise for sports enthusiasts hosting events around the year.
  • The BEML Layout near Banashankari houses beautifully landscaped parks ideal for morning walks with family.
  • Those looking to indulge can enjoy the flavors and dine out at many restaurants and cafes lining the Outer Ring Road.

Banashankari provides the perfect mix of culture, sports, leisure, and entertainment activities for residents of all age groups.

What’s Good about Banashankari?

  • Easy access to hospitals, schools, and grocery stores within a few kilometers
  • Quick access to office locations in Indiranagar, Koramangala, and MG Road
  • Many parks and open spaces are located nearby for walking/jogging
  • Numerous dining and shopping options in the area
  • Established infrastructure with reliable utilities like water and electricity

What’s not Good about Banashankar?

  • Traffic congestion during peak hours makes commuting stressful
  • Insufficient public transport within the neighbourhood
  • Limited options for entertainment and nightlife
  • Lack of green cover and pollution from nearby factories
  • Prices of homes have risen drastically, affecting affordability
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FAQs

What is the average price of properties in Banashankari?

The average price of properties in Banashankari ranges from Rs. 5,000-8,000 per sqft. Independent houses and villas cost over Rs. 9,000-12,000 per sqft.

Which are the most preferred configurations in Banashankari?

2BHK and 3BHK flats are the top choices for end-users in Banashankari due to the availability of good social infrastructure. While independent floors in gated complexes cater to joint families, 1BHK and studios are rented extensively.

How is the rental demand-supply scenario in Banashankari?

With an influx of IT professionals and officegoers to Banashankari, rental demand is rising across configurations. Tenants prefer properties near Outer Ring Road, paying Rs. 15,000-25,000/month. The current vacancy rate is relatively low, at less than 5%.

What are some trusted developers in the location?

Reputed builders with projects in Banashankari include Prestige Group, Mahalakshmi Layouts, Brigade Group, Vaishnavi Group, Adarsh Builders, and Salarpuria Sattva, among others known for on-time delivery and quality specifications.

What are the payment plans offered by developers in Banashankari?

Most developers offer a 10-10-10-10-10-50 payment plan for under-construction projects - 10% booking amount, 10% on the agreement, 10% foundation, 10% slab, 10% doors/windows, and balance 50% on possession. Home loans with low interest are also an option from banks with tenure of up to 30 years.