Vijay Nagar is situated 9.1 kilometers west of Bangalore. The locality derives its name from anagara Empire which flourished in South India during the 15th and 16th century. The area is enclosed by Road and Road with Chord Road cutting through Vijay Nagar. Bangalore, Magadi, Ramanagaram and Malur are some of the nearby cities to Vijay Nagar. Proximity to Bangalore is one of the major factors of rising prices of real estate in Vijay Nagar. Some of the industries operating within proximity include Finolex Cables Ltd., Industries and Maarc Industries.
Vijay Nagar is well -connected by road and rail networks. The Metropolitan Transport Corporation (BMTC) and private bus operators connect the area to Nagarabhavi, Bapuji Nagar, Guddadahalli, Deepanjali Nagar and Chandra Layout. City Junction Railway Station is 4.6 kilometers via Road and the nearest metro station is Metro Station at 1.2 kilometers via Chord Road and 20th Main Road. Hal International Airport is located at a distance of 17 kilometers via HAL Airport Road.
There are a number of reputed schools located in Vijay Nagar. Some of them are krishna Vidyaniketana School, Niveditha English Medium High school, National Public school, New Cambridge English School, Venkat International Public school.
Hospitals and Banks:
Some of the well-equipped Hospitals in Vijay Nagar include Sharavathi Hospital Pvt. Ltd., a Hospital, Jagjeevanram Hospital, Rajeshwari Dental College & Hospital, Jyothi Nursing Home, Shobha Nursing Home and Vidya Eye Hospital. Some of the major banks operating in the area are State Bank of Mysore, ICICI Bank, a Bank, Syndicate Bank, Corporation Bank and Karnataka Bank.
Malls and Recreation
Shopping malls located in and around Vijay Nagar are Mall, Whizz, Jumbo Saver Mall and Park. Some of the prominent landmarks located close by include Kakku Park, Venkatesh and Shanishwara Temple, Prasanna Ganapathi Temple, Club, Vishnuvardhan Park and Buddha Theme Park.
Real Estate in Vijay Nagar
Real estate property developers who have made their presence in Vijay Nagar are Sattva Group, Radiant, Smart Spaces, Nanda Shelters, Builders and GRC Group. Some of the prominent real estate projects in Vijay Nagar include Melody by Sattva Group, Karel by Radiant, Solarium by Smart Spaces, Ashirwad by Nanda Shelters, Sinfonia by Builders and Brundavan by GRC Group. The average price of an apartment in Vijay Nagar is Rs. 4,373 sq. ft., the minimum price is Rs. 3000 and the maximum price is Rs. 5,300 sq.ft. with unit sizes ranging from 980 sq. ft. to 2,054 sq. ft.
During the last 6 months, minimum rise in the property rates in Vijay Nagar has been 10.0% and at places, they have risen by upto 30.0%.