Nitesh Rio is the pre-launch project by Nitesh Estates, at Kanakapura Street. Rio is a Plotted Development in Kanakapura Street of South Bangalore. Nitesh Rio has got the milestone of Vakil Garden City, Kanakapura Street of the most chased local location of South Bangalore. Kanakapura Road is on the southern edge of Bangalore. Nitesh Rio Located on Kanakapura Road is a gated group with top-notch framework and courtesies. With its globally outlined scene peculiarities, promenades and manicured enclosures with wide streets and pathways, this advancement is genuinely the fate of Bangalore. NITESH ESTATES is going to dispatch this most anticipated undertaking of South Bangalore – BMRDA Approved Gated Layout with plots having measurement 1200 square ft, 1500 square ft and 2400 square ft.. The design would be spread on place that is known for approx 14 sections of land. With part of open space, enclosure, clubhouse and large portions of alternate offices.
Nitesh Rio Pre Launch Located on Kanakpura Road is a gated group with awesome framework and civilities. With its universally composed scene gimmicks, promenades and manicured arrangements with wide streets and pathways, this advancement is genuinely the fate of Bangalore. An expansive limit water treatment plant and overhead tank has water line end to each plot. Power supply links are housed underground for most extreme wellbeing and accommodation. A well thoroughly considered mix of arrangements, water bodies, play regions, and so forth make this improvement provide for you a genuine global way of life. A huge limit water treatment plant and overhead tank has water line end to each plot. Power supply links are housed underground for greatest wellbeing and accommodation. A well thoroughly considered blend of enclosures, water bodies, play territories, and so forth make this advancement provide for you a genuine universal way of life. The venture is found off Kanakapura Road. Only beside Vakil Garden City, which is one the most looked for after design? The venture would have incredible integration to Mysore Road, Bannerghatta Road, Housr Street and other key regions of the city.
Nitesh Estates the land arm of the Nitesh Group is a coordinated property improvement organization headquartered in Bangalore, India, with vicinity over four advantage classes. Nitesh Estates is India’s most perceived Luxury Real Estate Brand, and is in charge of huge numbers of South India’s most perceived improvements. Prevalent Quality, Attention to Detail and Perfection are the norms that Nitesh Estates requests all through its anticipates – from Homes to Hotel and from Office Buildings to Shopping Malls. The experience of owning a Nitesh Estates property and carrying on with the Nitesh way of life is unparalleled.
|Unit Type||Size (Sqft)||Price||Booking Amount|
|Plot||1500 Sqft||75.00 Lacs||Contact us|
|Plot||2400 Sqft||120.00 Lacs||Contact us|
|Plot||4000 Sqft||200.00 Lacs||Contact us|
Nearby Shopping Malls, Banks and Restaurants:
Good connectivity, proximity to workplaces and social infrastructure are pushing demand and leading to the development of more residential property options on Kanakapura road.
Being the centre of the South, the Kanakapura Road has witnessed extensive residential development, expanding outwards to cater to the demand from an increasing working population in the IT belts around. Proximity to established residential locations, good infrastructure and connectivity, and a good range of options for occupiers, are leading to Kanakapura Road emerging as new residential hotspots.
Kanakapura Road, once the backyard of nature, is today a concrete jungle. The approximately 27km stretch that starts from Majestic, leads up to Kanakapura town. Previously known as Kanakanahalli Road, the area was said to be a forest. But from days – when only bullock carts were seen and two buses plied – to emerging as a prime locality in South Bangalore, the road has undergone a rapid change. Today it is the preferred destination of not just popular builders but also industrialists, hoteliers and artists.
South Bangalore is a cosmopolitan region, mainly on account of a huge influx of people from all over India owing to the advent of the IT sector in the city here. Electronics City emerged as the first IT hub of Bangalore in the 1990’s. With the setting up of the IT companies, the south Bangalore region became a preferred commercial as well as residential destination.
Vaikunta Hill, off Kanakapura Road, gives a bird’s-eye view of the future of Bangalore South. The hillock provides not only a 360-degree view of all of Bangalore but also the trajectory the development of the city will take in the coming years. Kanakapura Road witnessed the launch of several residential projects which can be attributed to the availability of land in the region.
The 28-acre hillock, on Kanakapura Road and very close to Konanakunte Cross, will be at the heart of the path-breaking changes the city will witness. Iskcon, which bought the 28-acre hillock for Rs 23 crore at a public auction, is building what it says is a Disneyland-like 4D technology driven Krishna Lila Park and will transform the tourist potential of Bangalore, Karnataka and India. The construction work on the theme park is begun in mid-2012 and gets completed by 2016-17. The neighborhood will be hi-tech and socially alive and engaging.
Vaikunta Hill is expected to spur massive residential apartment projects and villas in the range of 3-10 km. Kanakapura Road is set to become the hot destination from 2012 onwards as development is still now concentrated in the Yelahanka, Whitefield, Sarjapura regions. Kanakapura Road and beyond is virgin area in a sense and will see far more residential development than office space development, followed by retail and commercial development. Owing to the arrival of a massive tourist hub, property prices in and around Kanakapura Road area are bound to shoot up in the next five years. An acre of land in the area is running at Rs 9-10 crore. Expect a 10% to 15% rise in these prices in the next five years. The location of Metro Cash and Carry on Kanakapura Road is attributed to the presence of wealthy families in the area and the vastly spread small retail network in the area.
Housing activity along Kanakapura Road is expected to rapidly expand with the arrival of Metro Rail network. The line will reach Konanakunte, which will be connected to Majestic, which, in turn, is connected to M G Road. With commercial and residential rentals not too much in demand now, the onus is on purchase. Apartments are in the Rs 3,000 to Rs 3,500 per sq ft bracket. If you look in the first sector of Kanakapura, homes more than 15 years old that come onto the market can go for around Rs 8,000 per sq ft. Newer apartments are around Rs 5,000 to Rs 6,000 per sq ft and those on resale Rs 5,000 per sq ft. For those looking a little ahead in the second stretch, you will find a lot of budget housing and the apartments here will be in the price range of Rs 3000 per sq ft. The enhanced focus on connectivity and timely completion of the on-going infrastructure projects would provide further impetus for this micro market to evolve into a residential hub.
The affordable land prices and availability of Cauvery water are the two major factors which have prompted major residential developers like Sobha, Nitesh, Brigade, Concorde, etc to establish their projects in this micro market. It is a preferred destination by those employed in Electronics City and Bannerghatta Road.
Kanakapura Road originates in the city at Krishna Rao Park in Basavanagudi. Is close to J P Nagar, Banashankari, Jayanagar Is 16-18 kms from M G Road, Vidhana Soudha Metro rail is being built on Kanakapura Road till Konankunte Cross. The road cuts through Vasanthapura and Konanakunte ward.
Kanakapura road is just a stone’s throw away from the NICE Road and close to the proposed Metro station, which are the fastest ways into the CBD. Kanakapura Road being well-connected to Bannerghatta Road, Electronics City and Mysore Road, has also been hailed as South Bangalore’s new corridor of growth. With major IT hubs, hospitals and educational institutions being within comfortable reach and easy accessibility, Kanakapura Road is attracting investors in this locale.
Kanakapura Road is easily connected to the well-known Art of Living ashram and is a few minutes away from NICE Road that will transport you to the city centre in minutes. It is the perfect alternative to now unaffordable South Bangalore neighborhoods like Banashankari, J P Nagar and Jayanagar.
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