About Magadi Road
Magadi Road is a residential corridor in the West Bangalore micromarket of Bangalore, one of the oldest and most continuously developed residential belts in Bengaluru, with a history of real estate activity that predates most of the city's eastern and southern corridors. The 43 km road extends from Bangalore City Railway Station all the way to Magadi town, passing through established neighbourhoods that give the corridor its social and civic maturity. Localities like Majestic, Rajajinagar, Vijayanagar, Kamakshipalya, Sunkadakatte, and Gandhi Nagar sit along or near Magadi Road, making the road a genuine residential and commercial backbone for the western part of Bengaluru.
Unlike newer peripheral markets, Magadi Road offers ready social infrastructure. Magadi Road is brimming with a host of schools, medical institutions, banks, shopping stores and entertainment centres. The area is also known for its liveability - it is a sustainable locality with lower levels of traffic than many of Bangalore's other locations, with wide roads, an organised selection of parks, and leafy neighbourhood streets, making it a calm environment for families and elderly residents.
On the pricing front, the corridor commands a premium over its outer-belt neighbours. The average sale price in Magadi Road is around Rs 13,350 per sq ft, above the Bangalore city average, reflecting the established nature of the corridor, its central position in West Bangalore, and the fact that areas like Rajajinagar and Vijayanagar along the stretch command high real estate values. Property values have also moved up sharply in recent years, with the Y-O-Y change in prices for apartments in this locality averaging 30.9%.
Developers have taken note of this trajectory. The presence of top-notch real estate developers has increased the real estate traction along Magadi Road, with reputed players including KT Developers and Promoters, Sobha Developers, Salarpuria Sattva, Provident Housing and Prestige Group active in the belt alongside Puravankara's Purva-branded developments.
At a Glance
