Rajarajeshwari Nagar in Bengaluru – Developing Residential Locality

Rajarajeshwari Nagar is one of the fastest-growing residential localities in Bengaluru. Situated in the southern part of the city, it is commonly known as RR Nagar. It is named after the well-known Raja Rajeshwari temple located here, which was built in the early 1960s. Rajarajeshwari Nagar is 15 km from the City Railway Station, and about 40 km from the Bengaluru International Airport.

This locality has good road infrastructure and connects with the NICE road and other major outer ring roads and has excellent metro connectivity. The Bengaluru-Mysore Infrastructure Corridor (BMIC) is just 4 km from this locality and helps connects the major cities of Bengaluru and Mysore. Apart from that, the ongoing four-lane road constructions of NH-7 and NH-4 will further improve commuting for the residents of this locality. There are many BMTC buses which pass via Rajarajeshwari Nagar and connect with major areas of Bengaluru. Over the years, this has evolved into a very good location for middle income buyers.

Rajarajeshwari Nagar has all the basic civic amenities like 24-hour water supply, electricity, bus stops, shopping malls, colleges, hospitals, etc. As it is in close proximity with many IT/ITES companies and upcoming localities like Mysore Road, Vijaya Nagar, Chandra Layout, Kengeri, etc., professionals are attracted to this area as it helps them avoid commuting issues and have a good work/life balance. Thus builders in Rajarajeshwari Nagar have take advantage of this growing demand and have started many new constructions here.

Movies and shopping malls are the chief sources of entertainment for most of the people. Some of the theatres located in and around this locality include Eshwari Theatre, Vijay Theatre, Kamakya Theatre, etc. Some of the shopping malls found here include Gopalan Arch Mall, Brands & Bargains Pvt. Ltd., Tangent Furniture Mall, Brand Factory, The MatrixPlatz and many more.

The main attraction of this locality is the Jnanakshi Rajarajeshwari temple, which was built by the late Sri Tiruchi Swami. The temple is built completely of granite stone. It has 3 enclosures, with the main entrance having the Raja Gopuram measuring up to 108 feet in height. The temple’s serene and calm atmosphere makes it an ideal place for worship, and is one of the most popular tourist attractions of this area.

There are many schools and colleges in the surrounding locality which attracts the local population to invest in flats in Rajarajeshwari Nagar. Some of the educational institutes found here include Hill View Public School, Podar Jumbo Kids, Sri Jnanakshi Vidyaniketan, Swarga Rani School, Baldwin Co-education Extension High School and Carmel Academy. There are many food outlets in this locality offering different cuisines and exquisite foods like Royal Andhra Spice, Bangalore Biryani, 1947, Just Bake, The Up Cycle Café, Ammi’s Biryani, Kabab Mahal and Mirchi.

Rajarajeshwari Nagar has developed into one of the most significant areas in the southern part of Bengaluru. The locality’s close proximity with many developed and upcoming areas like Chandra Layout, Banashankari, Vijaya Nagar, Kengeri, BEML Layout, Nayandahalli, Outer Ring Road and the Mysore Road have in turn brought in more business establishments to this area. Proximity to the Bengaluru University Campus has also been an added advantage for the real estate in Rajarajeshwari Nagar. All of these factors have led to the advancement of the real estate values of this area.

Some of the well-known builders found in this locality include Century Real Estate, Ajanta Developers, Elegant Builders and Dhesi Estate, etc. Century Indus, Vajra Global, GRC Brundavan, Deccan Arcade, DRF Home 18, Skanda Shree Enclave, Everjoy Pratham, Mahaveer Trisha , Golden Tenet are a few of the upcoming properties in Rajarajeshwari Nagar. The highest locality price of residential multi-storey apartments in Rajarajeshwari Nagar is around Rs. 3605 per square foot and the lowest price is around Rs. 3430 per square foot. The average is around Rs. 3525 per square foot, and the return on investment has witnessed a decrease of 4% q-o-q in the month of June 2013. A mix of both affordable and premium residential houses is in demand in this locality. Riding high on infrastructure and connectivity, Rajarajeshwari Nagar is well-situated and attracts more and more working professionals from both Bengaluru and Mysore.

Categories: Property, Real Estate, Realty