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Situated near Kalyan Nagar and the Outer Ring Road, Banaswadi is a bustling locality in the north eastern part of Bangalore, which has become a highly sought-after location in the property market.
A decade and a half ago, Banaswadi use to be one of the serene villages located on the city's outskirts. This sounds quite unbelievable when you take a look at its lively present-day status; the population here has gone up by a whopping 44% since 2001.
Connectivity to the city's IT hubs via the Outer Ring Road (ORR) and a proximity to the Kempegowda international airport have catapulted the development of businesses and real-estate here over the past decade.
Banaswadi's convenient location and well-planned connectivity to other popular parts of Bangalore have led to a real-estate boom in the area. You will find a wide variety of rental properties here. No matter what your budget is, rent apartment choices in the locality make it easy to find just what you need.
  • Real estate prices in Banaswadi are pretty economical; 1 BHK apartments usually go for a rent amount from INR 5,000 to INR 10,000, depending on the built-up area.
  • 2 BHK semi-furnished independent houses in Banaswadi for rent range from INR 9,000 to INR 20,000.
  • Most rental flats in Banaswadi are new or under construction. Most of these boast modern-day amenities such as elevators, security, 24x7 water supply and power backup, and parking facilities.
Banaswadi scores brownie points for being so much more affordable than comparable locations across Bangalore. The cast number of rental properties at pocket-friendly prices has made this a popular rental area in the city.
Banaswadi is a well-developed locality with a number of well-known hospitals and healthcare centres, making it a prefered choice for rental searches.
  • Some of the trusted hospital around the area include Ovum Hospital, Specialist Hospital, Zion Hospital and Research Centre, Sathya Hospital, and Cavalier Hospital.
  • Newly-married couples with babies on the way are sure to find Banaswadi ideal; there are quite a few well-known maternity and paediatric centres here, such as Kamath Nursing Home and Asha Nursing Home.
If your family includes kids, you can pick from Banaswadi's several choices in reputed educational institutions.
  • Preschools and playschools such as I Play I Learn, Little Elly Preschool, and Hello Kids Liliz are all great picks for your little ones.
  • New Baldwin Residential School and Paramount Public School are some of the trusted institutions in the area that offer classes from nursery to 10th.
  • Institutions for higher education include Mathrusri Ramabai Ambedkar Dental College & Hospital, CMR college of Pharmacy, and Teachers Academy Group of Institutions.
Being a primarily residential area Banaswadi, doesn't have many shopping malls and recreational centres; however, a good number of commercial establishments serve the locality.
  • You can easily find some good multi-cuisine restaurants like The Bawarchi, Saffron Restaurant, and Manna Restaurant. If you love Chinese food, Sizzling Szechuan is a definite must-visit.
  • If you're more of a South Indian cuisine aficionado, Tamarind and New Kairali Family Restaurant are some eateries you should check out.
  • There are quite a few temples in the locality as well; these are commonly frequented by residents during religious ceremonies and rituals. Banaswadi Hanuman Temple and Sri Uma Maheshwari Temple are two of the more prominent temples here.
Gopalan Signature Mall is located are 4 minutes away from Banaswadi; there, you will find a number of shops like Lifestyle, Pantaloons, UCB, Pepe Jeans, and Levi's. The mall also boasts of a multiplex theater and a bowling alley.
One of the reasons why Banaswadi flats for rent are in such high demand is the prime location. The area is situated close to localities like Cox Town, Kammanahalli, Kalyan Nagar, and K R Puram.
  • As Banaswadi is situated very close to the Outer Ring Road, buses to almost all the parts of the city are easily available.
  • The bus KIAS-8 takes you straight to the Kempegowda International Airport.
  • Banaswadi Railway Station is just 3.8 kms away and buses to the station leave in every 10 mins.
If you're in the market for property in a serene residential area but don't want to spend a fortune, Banaswadi is a great choice for you.