Rental market in JP Nagar

J. P. Nagar or Jaya Prakashnarayan Nagar is a beautiful residential locality situated in the southern part of Bangalore. This locality offers a  variety of houses here. From independent dwellings to multi-storeyed apartments, this locality has numerous housing options for you. J. P. Nagar is spread across 2,500 acres of land, which has been divided into 9 phases. Since it’s a well-planned BDA layout, there are all kinds of basic amenities available. The infrastructure is good too with parks, wide roads and excellent water supply from Bangalore Water Supply And Sewerage Board (BWSSB). It has excellent connectivity to the rest of the city and has some water bodies in the vicinity too. Because of its close proximity to major residential areas like Banashankari, Jayanagar, Bannerghatta Road, and BTM Layout, this area was developed by the Bangalore Development Authority (BDA) for the convenience of the growing population in the city. Apart from fulfilling the needs of a growing population, J. P. Nagar houses many renowned actors, politicians, singers, sportsmen and other famous celebrities. This locality is hugely targeted by the affluent section of people

J. P. Nagar was developed as an extension of Jayanagar and Banashankari to accommodate the growing population of Bangalore. This area is filled with parks, small ponds or lakes and great roads. J. P. Nagar emerged as a major residential and commercial micro-market as a result of limited availability of plots and rising land rates in the existing BDA layouts such as Jayanagar and BTM Layout. J. P. Nagar is dominated by affluent local population of Bangalore and today it is regarded as a major residential colony in the south. JP Nagar also has great connectivity in terms of Buses and other road transport. Electronic city is approx 20 Kms away and Majestic is 12 Kms approx. This area is also near Kormangala and other prime areas of Bangalore.JP Nagar is a locality that has always been looked upon for the kind of residents it has hosted since the early start of the locality. Now with the current urbanization bringing in more apartment culture and more and more high rise structures, the cost of apartments in JP Nagar started of quite high. From residential flats and apartments to independent bungalows and villas, one would find all possible real estate development in this area.

This locality was primarily an expensive, sought after locality. Now with a lot of population migrating into Bangalore, the demand for such luxurious house for rent in Bangalore has only increased. As a recent trend many people have begun option to demolish their independent homes and redevelop them as apartments for rent in Bangalore. This would mean more number of dwelling units in the same amount of space. It would also mean that the tenants get to choose from which floor or which side of the property they would like to rent. With beautiful weather and great surrounding, living becomes heaven. JP Nagar is one of the prime localities of Bangalore and investing or living here is definitely worth every penny.

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