Ramanagara Becomes Bengaluru South: Real Estate Outlook Hinges on Infrastructure Push

user Admin
  • 31st May 2025
  • 1307
  • 0
Ramanagara Becomes Bengaluru South: Real Estate Outlook Hinges on Infrastructure Push
Never miss any update
Join our WhatsApp Channel

With the Karnataka Cabinet giving a green signal to rename Ramanagara district as ‘Bengaluru South’, the move has sparked a wave of cautious optimism in the real estate community. While the new tag is expected to create psychological value and possible land price escalations in emerging zones like Kanakapura and Bidadi, experts caution that the true growth driver will remain infrastructure development.

Cabinet Approves Renaming of Ramanagara District

On May 22, the state cabinet officially approved the proposal to rename Ramanagara, a district around 50 km from Bengaluru, as ‘Bengaluru South’. Ramanagara will continue to function as the district headquarters and include taluks like Magadi, Kanakapura, Channapatna, and Harohalli. The area was originally part of Bengaluru and later separated into its own district in 2007 by then Chief Minister H.D. Kumaraswamy.

Real Estate Buzz: Rebranding Fuels Interest

Local realtors see the rebranding as a psychological trigger that could pull investor attention. Areas such as Kanakapura, Bidadi, and Channapatna have already witnessed rising land values. Brokers say Ramanagara land prices have touched ₹1 crore per acre, up from ₹50–70 lakh just a few years ago.

Bidadi, in particular, is showing strong momentum due to its industrial status and strategic location between Bengaluru and Ramanagara. However, residential development remains sparse. Plot prices here typically begin at ₹30–40 lakh, according to Kiran Kumar of Hanu Reddy Realty.

Expressway Effect on Channapatna

Channapatna has seen land prices climb to ₹60 lakh per acre, supported by the Bengaluru–Mysuru Expressway. Yet, the area still lags in terms of comprehensive development compared to Bidadi or Kanakapura.

What Experts Say: Branding vs. Real Action

While real estate developers may welcome the new ‘Bengaluru’ branding for its aspirational appeal, industry analysts emphasize that infrastructure is the real game changer. Ashish Sharma, City Head – Bengaluru at ANAROCK Group, noted that significant infrastructure additions would be necessary to sustain long-term demand and price appreciation.

“Without such support, the renaming could have only a symbolic impact,” added Kiran Kumar, who stressed that projects driving commercial real estate would be the real growth enablers.

Kanakapura Road: A Rising Star in South Bengaluru

One area already benefitting from momentum is Kanakapura Road, a relatively affordable micro-market that’s fast transforming into a hotspot. Land along the main road is reportedly trading at ₹2 crore per acre. Apartment projects range from ₹70 lakh to ₹1.4 crore, depending on configuration and brand.

Price Trends and Notable Projects

  • Provident Park Square: 2BHK units priced at ₹70–90 lakh
  • Casagrand 3BHK apartments: Around ₹1.4 crore
  • Prestige Primrose (Gated Project): 2BHK flats launched at ₹75 lakh a year ago are now sold at ₹1 crore
  • Grade A project rates: ₹10,000–14,000 per sq ft

Land values in the vicinity range between ₹3000 to ₹15,000 per sq ft for plots and ₹2 crore to ₹15 crore per acre for larger parcels, said Sunil Singh of RealtyCorp. Apartment prices have similarly surged with average per sq ft rates moving from ₹7000–12,000 depending on the project quality.

As the dust settles on the rebranding, the consensus remains clear—name changes may ignite sentiment, but sustainable real estate growth in 'Bengaluru South' will ultimately rest on the back of infrastructure execution.

Disclaimer: This article is based on expert views and market trends. Real estate investments are subject to market risks. Readers are advised to consult certified professionals before making any investment decisions.


Related Topics / Tags

Admin

Author

Admin

...


Comments

Add Comment

No comments yet.

Add Your Comment

Relevant Blogs

General
Pune Metro Line 3 Complete Guide: Red Line Route, Property Investment & Real Estate Impact

Pune's skyline is changing, and Metro Line 3 is leading this transformation. The Red Line, connecting IT giant Hinjewadi to bustling Shivajinagar, pro

General
Mumbai Housing Crisis: Complete Guide to Affordable Solutions and Government Schemes

Mumbai, India's economic powerhouse, faces one of the world's most severe housing crises. With over 2 crore people in the metropolitan region, the cit

General
Yugen Infra Brings Premium Goa Investment Options to Delhi-NCR Through Exclusive Property Expo

Yugen Infra announced its plans to organize a specialized property showcase in Gurugram on September 21, targeting investors interested in Goa's emerg