Krishnarajapuram also known as KR Puram is a micro market located in the north eastern part of Bangalore. This suburb is located on National Highway 4. The locality is considered to be one of the important property destinations in Bangalore.
Accessibility: The locality is surrounded by important micro markets such as Whitefield, Mahadevapuram and Narayanapuram. The area has a railway station and is well served by all major trains. The area enjoys great connectivity as three arterial roads namely the National Highway 4, State Highway 35 and the Outer Ring Road (ORR) run through this area. Bangalore city railway station is located within a distance of 14 km from the region. The Kempegowda International Airport is located at a distance of 37 km from this micro market and can be accessed through the ORR. The nearest Metro station is located just 4 km away in Baiyappanahalli. In addition, the area is well served by BMTC buses. In the second phase of the Namma Metro, KR Puram will receive metro connectivity through the extension of the Purple Line from Baiyappanahalli to Whitefield and this on completion is expected to improve connectivity to a greater extent.
Education: The area has some of the best and famous educational institutions like The Cambridge Institute of Technology , S.E.A. College of Engineering, Garden City College, etc. The region has reputed international schools like Cambridge School and many other schools affiliated to other boards of education like Lake Montfort School, Amar Jyoti Public Schools, etc.
Hospitality: The region has a good hospitality sector with the presence of a number of star hotels like Evoma Hotel, KR Inn, etc., serviced apartments like About Adi Hospitality Apartment and resorts like Ankit Vista Green Village. The locality has a number of restaurants like Purvi Multicuisine Family Restaurant, Nandhana Palace, Southern Spicy, OJ Japanese Restaurant – Hotel Evoma and Madhushalawhere where a wide variety of cuisines are served. Bars, pubs and lounges are located in and around the area.
Retail: Phoenix Marketcity which has a number of international brands is located in close proximity to the locality. The area has good options for shopping with the presence of a number of standalone retail outlets of both national and international brands like Liberty, Planet Sports, Nautica, etc. The locality also has hypermarkets, supermarkets, general and provision stores.
Entertainment: The Sri Krishna Theatre and Sri Venkateshwara Theater are located here. The locality also has parks for recreational purposes.
Healthcare: Government Hospital, Sri Ram Hospital, NMPG Hospitals, Ramakrishna Hospitals, Unique Smiles Multi Speciality Hospitals and many other hospitals, clinics and pharmacies are located here to meet the healthcare needs of the residents.
Places of worship: Sri Subramanya Swamy Temple, Rajarajeshwari Temple, Balamuri Ganesha Temple, Bethel Methodist Church, Shalom Church, Bilal Masjid, Noorani Masjid, etc. are some of the places of worship located here.
Real Estate: KR Puram is considered to be one of the hot property destinations in Bangalore. Due to the locality’s close proximity to the Information Technology hubs of Whitefield and Marathahalli, the micro market is one of the most sought after residential localities. It is also considered to be a hub for affordable properties. The market is also a hub for rental properties. The locality is a highly livable area as it has good physical infrastructure in terms of connectivity, proximity to offices and presence of boundless social infrastructure like reputed educational institutions, healthcare facilities, parks, banks, ATMs, shopping options, etc. Projects which cater to those who are looking for plots, villas and apartments are coming up in the KR Puram-Budigere stretch. With metro connectivity on the cards for this locality, the prices for properties here will climb up to the tune of 20 to 30 % over time. The narrow KR Puram Junction is prone to traffic snarls as three roads intersect here. Irregular water supply, sub standard garbage clearance, badly lit streets and roads with potholes are some of the problems faced by those who are living in this area.
Some of the proposed and ongoing projects which are expected to make a major impact on the real estate include: The second phase of the Namma Metro through which KR Puram will get metro connectivity is under construction To ease traffic congestion, an East – West Corridor 19.7 km in length from KR Puram to Goraguntepalya is proposed Quadrupling of the Bengaluru City-KR Puram-Whitefield railway line stretch is proposed.
Credits Money Control