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About Koramangala
Koramangala is one of the most desirable and popular localities in Bangalore. It is a posh residential and partially commercial locality that is well-connected to almost all parts of the city. It is located in the South-East portion of Bangalore and is adjacent to Hosur Road. Koramangala is in the same neighbourhood as H.S.R. Layout, B.T.M. Layout, Ejipura, Adugodi, and Jayanagar. The Koramangala PIN code is 560034.
As the Koramangala map will show you, it is home to a diverse landscape of buildings, from residential to commercial, from retail to industrial. And just as varied is its population. With people from all over India coming here to settle down in the 1900s, it has become a multicultural locality. Most people here are salaried I.T. professionals at the large Tech setups here. Some are business owners, while some are self-employed.
Physical Infrastructure of Koramangala
When talking about Koramangala infrastructure, it is noteworthy that the area enjoys excellent connectivity to all other parts of the city. The roads that connect it to the rest of Bangalore include Hosur Road, Outer Ring Road, Intermediate Ring Road, and Sarjapur Road.
While Koramangala still needs a metro station of its own, plans are in place for the construction of Metro Line 3, which would enhance the overall connectivity of the area. It is supposed to be completed by the end of 2023, under the Phase 2 part of Metro construction. However, some metro stations are close to Koramangala, such as the Trinity metro station, South End Circle metro station, and the Halasuru metro station.
Social and Retail Infrastructure of Koramangala
Koramangala enjoys superb social and retail infrastructure. It is a self-sufficient locality, with access to almost all modern conveniences required by people to have a comfortable life. There are plenty of reputed schools and colleges here, apart from hospitals, shopping malls, parks, entertainment centres, and much more.
Some of the best schools in the area are St. Francis High School, B Mona High School, National Public School, Bethany High School, Chinmaya Vidyalaya, Holy Saint Public School, and P N S School, among others. The best colleges in Koramangala are R.J.S. First Grade College, Jyothi Nivas College, S.T. Francis College, Sri Chaitanya PU College, Visweswarapuram College Of Arts & Commerce, and Florence College Of Nursing.
Koramangala is home to some of the biggest names in the retail sector as well. Some of the best shopping malls and popular landmarks in Koramangala are Tibet Mall, Nexus Mall, Raheja Arcade, Market Square Mall, Oasis Centre, and Asha Plaza, among several others.
Real Estate Market Trends and the Rental Demand in Koramangala
Koramangala has been witnessing fluctuations as far as the real estate market trends are concerned. With demand falling to its lowest in mid-2021, there has been an exponential rise in the demand for residential as well as commercial units since then. The demand is being led by the constant growth and development in the area, such as planned government projects.
Koramangala Property Prices for buyers can range from Rs. 33 Lakhs to nearly Rs. 5 Cr., based on the size and location of the unit. For those looking to rent houses here, the Koramangala property rates can range from Rs. 17,000 to Rs. 1.35 Lakhs per month, apart from the security deposit and advance rent. Commercial properties for rent start from Rs. 1.69 Cr. and can go up to Rs. 50 Cr. or more.
Top Employment Hubs in Koramangala
Koramangala enjoys proximity to various business centres and employment hubs. A few of the main employment hubs near Koramangala include:
- Mangalam Business Centre (1.6 km)
- Golden Square (2.8 km)
- Caplet Global Business (900 m)
- Z Square (2.1 km)
- Novel Business Park (3.8 km)
What are Some Popular Sub-Localities in Koramangala?
As is the norm, an area as large as Koramangala comprises several smaller sub-localities that are well connected with the rest of the city and are self-sufficient hamlets.
Here are a few of the main sub-localities in Koramangala:
- Jakkasandra Block
- John Nagar
- K.H.B. Block
- Koramangala 1A Block
- National Games Village Complex
- S.B.I. Colony
- Cauvery Colony
- Dr. Ambedkar Nagar
- Venkatapura
- Jakkasandra Extension
Things to do in Koramangala
Take a look at some of the best and most popular things to do in Koramangala:
- Some of the best restaurants in the area are The Black Pearl, Empire Restaurant, Barbeque Nation, Sultans of Spice, Pasta Street, Nasi and Mee, Fenny's Lounge & Kitchen, Chianti, Truffles, and Onesta.
- Due to its diverse population, Koramangala is home to several types of places of worship. Some of the most popular religious spots here include Shri Panchamukhi Anjaneya Temple, Sri Shirdi Sai Baba Mandir, Shri Subramanya Swamy Devasthana, St Anthony's Friary Church, Koramangala Methodist Church, and Masjid E Mamoor among others.
- You can catch a movie here at Shiva Theater Complex, P.V.R. Cinemas, The Binge Town, Thomson & Vens Creatives, and Srinivasa Theatre 4K 3D.
- There are some great nightlife spots here at Koramangala. Some of the best ones are Gilly's 104 Bar, Tipsy Bull, Indigo XP, Happy Brew, Bob's Bar, Gilly's Redefined, Drunken Daddy, and What's In A Name.
- Koramangala is a great place to put on your shopping hat. Some of the best options here include Nexus Mall, Oasis Centre, Market Square, Raheja Arcade, LV Complex, and Tonique.
In conclusion, Koramangala is a superb place for families and singles alike. Not only is it well-connected to almost all parts of Bangalore, but it is also one of the most well-developed areas of the city. It has a strong retail and social infrastructure, with plenty of schools, colleges, and hospitals in the area. The rising demand for new residential and commercial units here is driving further growth in the area.
What's Good about Koramangala
- Koramangala is a very safe region
- Easily accessible commuting options
- Lots of green cover
- Affordable rental options
- The roads and streets are well-lit and maintained
What's not Good about Koramangala
- Traffic jams can cause major problems during peak hours
- There is no metro connectivity in the area as of now
- Limited parking space
- Garbage collection has become an issue in some societies
- Constant construction misleading to pollution
Koramangala
