Saturday, March 29, 2008

South Bangalore’s amenities good for residents

South Bangalore’s amenities good for residents
Leena Mudbidri
outlines some factors that make localities in Bangalore South good for residents and commercial organisations

Once considered the suburbs of an ever-growing city, the presently thriving South Bangalore neighbourhoods have suddenly become the hotspots for both investors and homebuyers. This spurt in realty was fuelled by a series of infrastructure developments that put these usually quiet localities on the upward curve.
A few years ago, Koramangala, Hosur Road, Bannerghatta Road Sarjapur Road, Outer Ring Road, HSR Layout, Jayanagar, J P Nagar, Banashankari, Basavanagudi, Kanakapura Road and neighbouring areas were considered isolated spaces with large expanse of land lying vacant. When a few renowned software giants bought land to set up their development centres and offices, Bangalore South suddenly saw an unprecedented boom.
The lifestyle trends in these parts, largely due to a vast population of young, IT employees, encouraged the spurt in sprawling malls, restaurants, shopping centres, hospitals, educational institutions with international campuses, parks and amusement centres.
The widening of Hosur Road, the new ORR, the elevated expressway, the Jayadeva flyover and other infrastructure developments have made connectivity easier and faster. Electronic City is also emerging as a premium office space with a host of software parks and biotechnology units setting up their centres here.
The entire Sarjapur Road stretch is dotted with tech parks and office complexes of software conglomerates. Hence, it is but natural for the sudden surge in residential high rises and shopping malls witnessed in this zone.
The Bannerghatta Road which leads to the Bannerghatta wildlife sanctuary had only the Indian Institute of Management (IIM) in the vicinity. Now, with many IT companies having set up shop in this area, malls, restaurants and hospitals offering services of global standards have mushroomed. The area has a welldeveloped road and transportation system, and hence a number of well-planned residential colonies. The outskirts sport several holiday resorts to fulfill the recreational needs of the residents.
The M N Krishna Rao Park at Basavangudi that measures around 96,096 sq mts was recently restored under the BBMP's Jana Udyanavana scheme. This park was given a complete facelift at a cost of Rs 2.44 crores. Today it is a haven for residents in and around the park.
Jayanagar though a fairly old neighbourhood, is a welldeveloped residential area with a cosmopolitan appeal. The shopping complex which was once a favourite place for local shoppers has now emerged as a premium retail space. The large green parks have been developed to create popular recreational centres for the residents.


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