Banashankari is a neighbourhood in the southern part of Bangalore, Karnataka. The locality derives its name from the Amma Temple, one of the oldest and most revered temples of Bangalore. Banashankari is surrounded by popular areas like J P Nagar, Jayanagar, Rajarajeshwari Nagar, Padmanabhanagar, Kumaraswamy Layout and Uttarahalli.
Connectivity
Banashankari is connected with two major roads - the Outer Ring Road and the 80 Feet Road. The nearest station is Sri Vidyanagar located 1.5 kilometres away. Other stations located nearby are Srinagar (1.5 km), Ashok Pillar (4.4 km), Ranganathan Colony (4.7 km) and Govindaraja Nagar (7.0 km).
Railway stations located near Banashankari are City Junction Railway Station (5.1 km), Nayandahalli Railway Station (3.6 km) and Gnanabharathi Halt Railway Station (4.5 km). Airports situated close to Banashankari are HAL International Airport (12 km) and Kempegowda International Airport (34 km). Metro services have also been proposed for the area.
Educational Institutions
Auden Public School, Yankee Doodle Nursery School, Holy nt School, Martin Luther Public School, Little Flower Public School, Institute Of Business gement, PES College of Pharmacy and Cyber Law College are some important educational institutions located in the area.
Hospitals and Banks
Some renowned hospitals in the vicinity of Banashakari are K R Hospital, Vitthal Eye Hospital, Diavista Diabetes and speciality Hospital, Nethradhama Superspeciality Eye Hospital, Radhakrishna Hospital, Shekhar Hospital and Ashwini Hospital.
Corporation Bank, Karnataka Bank, Axis Bank, HDFC Bank, State Bank of India, Central Bank, Canara Bank, ICICI Bank and ING Vysya Bank have their branches in the locality.
Shopping Malls and Recreation
Shopping malls located near Banashankari are Mall, Big Bazaar, Square, Garuda Mall, Reliance Trends, Forum Mall and Evergreen Shopping Mall.
Art of Living Yoga and Meditation Centre, Celebrate Life, Recreation Centre, Force 1 Skating Academy and Rangadhama Adventure Club are some of the recreation centres in and around the locality.
Real Estate in Banashankari
Owing to good transportation services and proximity to all important places, Banashankari is emerging as one of the most sought-after residential localities in Bangalore. Reputed builders like Developers, Vasundhara Homes, Tata Housing, Developers and Developers have shown their interest in this locality. Currently, there are 15 ongoing projects in the area and 1 is due for possession in 2014 with unit sizes ranging from 968 sq.ft. to 4000 sq.ft.
Popular projects of this area include Infra Castle by Shivaganga, mont by Tata Housing, Premia by Developers and Brooklyn Heights by Prestige. The average apartment price in Banashankari is Rs. 6200 per sq.ft. with the minimum and maximum price being Rs.3300 per sq.ft. and Rs. 10800 sq.ft., respectively.
Property rates in Banashankari have risen by upto 23.7% in last 6 months.
Some of the recently launched projects in Banashankari, that you might be interested in, are Grande, Saketh HIllside.