Thanisandra Main Road, Bangalore

Property Rates in Thanisandra Main Road, Bangalore

Average Buy Price 5,130 /sq ft Properties for Sale
Average Rent for 2 BHK Properties for Rent

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Real Estate Projects in Thanisandra Main Road, Bangalore

About Thanisandra Main Road

 

Situated in the northern region of Bengaluru, Thanisandra Main Road is an elongated stretch of road running between Nagavara and Mittaganahalli, and forming a part of State Highway-104 (SH-104). The road treads along the rapidly developing industrial suburb of Thanisandra, making it a very important and bustling area of the neighbourhood.

 

Apart from Thanisandra, the road skims past other upcoming localities of Jakkur, R.K. Hegde Nagar, Narayanapura, Thirumenahalli, Chokkanahalli, and Kannur. All the localities around Thanisandra Main Road carry a calm and serene atmosphere with several lakes like Jakkur Lake, Rachenahalli Lake, Nagavara Lake, and Thirumenahalli Lake, along with vast greenery spreading across the region.

 

This region has seen mass traffic of reputed builders like Kolte Patil, Sobha Developers, Supertech, Prisha Properties, CVR Infra, Devin Infrastructure, Vajram Group, and Goyal & Co. These builders have set up several residential projects around this region, making it a highly desirable investment destination.

 

Thanisandra Main Road also has thriving social infrastructure, with reputed institutions like Sophia College, Balaji International School, MR International School, and Falcon Institute of Management, along with hospitals like Trinity Nursing Home and Cratis Hospital present in the area. The region’s civic infrastructure is also well fed, with several bus stands, police stations, parks, and post offices situated in the area.

 

Although the development in the region has mainly been industrial and residential, several commercial pockets have emerged in the past few years. Several eateries, bakeries, supermarkets, grocery stores, automobile stores, and hardware stores are scattered along the stretch. Shopping and entertainment zones like Esteem Mall, MSR Regaliaa Elements Mall, and Lulu Market are also situated close by.

 

Connectivity and Transit Points

 

Thanisandra Main Road serves as an arterial line connecting a multitude of localities to each other. Areas like Hebbal, Nagavara, HRBR Layout, and Hennur are connected to Thanisandra Main Road via the Outer Ring Road.

 

Several bus stands are present in the localities scattered around Thanisandra Main Road, which take commuters to various other parts of Bengaluru. Some of the bus stands that are present along the stretch include Shabari Nagar Cross Bus Stop, K Narayanapura Cross Bus Stop, Thanisandra Bus Stop, Ashwath Nagar Bus Stop, Thanisandra Petrol Bunk Bus Stop, and Vidyasagar Bus Stop.

 

One of Bengaluru’s primary railway station, Yeshwantpur Railway Station is situated at a distance of 14 km from here, and can be easily accessed via the Outer Ring Road. Another prominent railway station in proximity to the region is Bangalore City Junction, situated 16 km away. Several BMTC buses ply between these railway stations and Thanisandra Main Road, making commuting between the two very affordable.

 

Bengaluru International Airport or Kempegowda International Airport is situated at a distance of 28 km from the locality, and can be reached within 45 minutes via NH-7. The BIAS bus service can also alternatively be used to reach the airport from several bus stops situated in and around Thanisandra Main Road.

 

Major Challenges

 

  •        Aakar Academy of Architecture
  •        Hegde Nagar Bus Stop
  •        Rashtrothana Vidya Kendra
  •        St. Marys Church
  •        Patanjali Chikitsalaya
  •        Jamia Muhammadia Madrasa
  •        Saamar International School
  •        Orchid Tree
  •        Gladiola Gardenia
  •        Thanisandra BBMP Office
  •        Anjaneya Temple
  •        MSR Regaliaa Elements Mall
  •        Nagawara Junction

 

Factors for Growth in the Past

 

Thanisandra Main Road’s quick growth can be attributed to its proximity to IT suburbs like Hebbal and Nagavara. The construction of a number of tech parks like Manyata Tech Park and Bharatiyar City invited many renowned organisations to open offices here. This aspect attracted the IT crowd to this part of Bengaluru. The establishment of several schools, colleges, hospitals, wide-lane roads, and flyovers around the region also contributed to the growth of this locality.

 

The peaceful backdrop of the region, with abundant water bodies and green spaces, and additional features like ample parking space and excellent connectivity, also worked in its favour, and cajoled developers to utilise this space for industrial, residential, and commercial projects.

 

The locality’s strategic location, adequate water supply, and proximity to Kempegowda International Airport, Bangalore City Junction, Bangalore Cantonment, and Ring Road also aided in its growth.

 

Residential and Commercial Market

 

Residential Market Trends

 

Residential market in Thanisandra Main Road region is well-developed, and consists of a number of property options like high-rise apartments, builder floors, villas, independent houses, residential plots, as well as penthouses. The entire region is seeing quick development in terms of residential complexes, thus more than half of the projects here are ongoing, with a good amount of projects already completed and occupied.

 

The property rates in different localities falling under this region are a bit different from one another. However, the current average property rate in the region as a whole is Rs 4,390 per sq. ft., with prices for 2-3 BHK apartments ranging from Rs 42 lakh to Rs 1.9 crore and prices for 4 BHK apartments in Thanisandra Main Road ranging from Rs 80 lakh to Rs 3.7 crore.

 

Because many small-to-large scale projects are completed in the region, several properties are available here for rent as well. The rental price of independent houses and villas range between Rs 8,000-60,000 per month. The apartments here rent out an average of Rs 15,000 - 65,000 per month.

 

Commercial Market Trends

 

The concentration of commercial properties in the region isn’t as high as the residential units. However, commercial plots sell at an average rate of Rs 3,500 per sq. ft., with the average price translating to Rs 70 lakh. A few godowns and warehouses can also be found here, selling at an average rate of Rs 4,600 per sq. ft.

 

Several commercial shops and offices are also available for rent in the region. The average rental rate is Rs 60 per sq. ft., with the rent ranging from as low as Rs 6,000 per month to Rs 1.5 lakh per month.

 

Major Challenges

 

In spite of successive developments in the area, localities around Thanisandra Main Road seem to be struggling with inadequate basic facilities like encroached roads, traffic control, and traffic congestion.

 

Few of the areas here have also been facing issues like fluctuations in power voltage and untimely power cuts. Other issues that have been identified along places like Manyata Tech Park and Thanisandra is the dearth of proper pedestrian crossings, which creates traffic snarls during the peak hours.

 

The unhygienic disposal of garbage on the roads is also a cause of concern for the residents. This issue gets heightened because of irregular garbage collection, which leaves it rotting on the streets, compromising the health of the residents.

 

Factors for Growth in the Future

 

The entire region is slated for development with the expansion of Thanisandra Main Road as an alternative route to connect to Bengaluru International Airport. The proposal to widen the road into a 100-feet road will convert it into a commercial axe by connecting it to the peripheral Ring Road, and will kick start the commercial market in the region.

 

The completion of the ongoing Namma Metro Phase-II, which will incorporate the Gottigere-Nagavara line, would improve connectivity from Thanisandra Main Road to the likes of Hulimavu, JP Nagar, Dairy Circle, Bangalore Cantonment, Langford Town, MG Road, and Shivajinagar. The much-awaited Metro line would change the face of the real estate market here, making it more desirable than ever.

 

A host of other upcoming physical infrastructure projects like Karle Infrastructure Park and residential projects like Bhartiya City Nikoo Homes, The Icon, Provident Harmony, Supertech Micasa, Monarch Serenity, Unishire The Weave, North Avenue, Prisha Orchids, and Vajram Essenza among others will add to the region’s success story.

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