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Hemant Mishra/Mint
Hemant Mishra/Mint

Expanding residential footprint

The Jayanagar micro-market, which comprises locations like JP Nagar, Jayanagar and Koramangala, is located in the southern part of Bengaluru

The Jayanagar micro-market, which comprises locations like JP Nagar, Jayanagar and Koramangala, is located in the southern part of Bengaluru. The micro-market reflects a contrast of high-end apartments and independent villas on one side (towards the MG Road micro-market) and apartments catering to the mid-income segment on the other (towards the Hosur Road micro-market). Demand for residential real estate is primarily driven by those working in the information technology (IT)/IT-enabled services in the adjoining Hosur Road and Whitefield micro-markets. Higher capital values in MG Road have boosted real estate growth in and around Jayanagar, as it remains relatively affordable.

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