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Home / Bengaluru / Shikaripalya

1 Property in Shikaripalya

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COMPLETED
SALE

GR Gardenia

₹41.2L - ₹57.8L

2,3 BHK Apartments

GR Gardenia is a completed apartment project in Bommasandra, Electronic City Phase I, South Bangalore, offering 100 units with a price range of ₹7,500,000 to ₹11,000,000 and an average price of ₹6,100 per sqft. { "projectFields": { "region": "South", "propertyType": "Apartment", "status": "COMPLETED", "possessionDate": "2020-06-01", "launchDate": "2018-09-01", "totalUnits": 100, "priceRangeMin": 7500000, "priceRangeMax": 11000000, "avgPricePerSqft": 6100, "latitude": 12.9719, "longitude": 77.5937, "projectAreaAcres": 1.36, "totalBuildings": 2, "reraNumber": "PRM/KA/RERA/1251/310/PR/181226/002255", "reraLink": null, "videoTourUrl": null }, "extraInformation": [ { "type": "Builder/Company Overview", "data": "GR Gardenia is developed by 5 Elements Realty (also referred to as 5 Elements Properties or G R Promoters), a Bangalore-based real estate developer with over 22 years of experience and a track record of 14 projects since 2003. The company is known for its commitment to customer satisfaction, transparency, punctuality, and timely delivery, having served over 7500 families." }, { "type": "Project Connectivity", "data": "GR Gardenia is well-connected to major locations in and around Bangalore. It offers easy access to buses, trains, and cabs. Electronic City has three metro stations: Huskur Road, Hebbagodi, and Infosys Foundation Konappana Agrahara. The new Bangalore-Chennai Expressway will enhance connectivity, and six foot-over bridges/skywalks are planned on Hosur Road. The closest metro station to the project is Electronic City Metro Station. Nearby bus stops include Shikaripalya Bus Stop (0.63 km), Hazrath Tippu Sultan - Shikaripalya (0.77 km), Wipro Main Gate (0.96 km), and Wipro Gate Shikaripalya Cross (1.20 km). Heelalige Railway Station is approximately 9 km away, and Kempegowda International Airport is around 54 km away." }, { "type": "Locality Overview", "data": "Electronic City, also known as Ecity, is a major information technology hub in Bangalore, spanning over 800 acres and comprising four zones. It hosts approximately 200 IT companies, including Infosys, Wipro, HCL, TCS, Biocon, and Tech Mahindra. The area is a significant residential destination with sound social infrastructure, robust connectivity, and green spaces. While housing and rental prices can be high, it is considered a prosperous and desirable place to live due to its proximity to IT firms, educational institutions, and entertainment hubs." }, { "type": "Infrastructure Highlights", "data": "Key infrastructure developments include the new Bangalore-Chennai Expressway, planned six foot-over bridges/skywalks on Hosur Road, and increasing commercial spaces in HSR Layout (13 km away). A 40-acre tree park with walking tracks is under construction near Tirahalli Forest Reserve, and a 16 km stretch from NICE Road Junction to Whitefield via Sarjapur Road is planned for development. The project is also close to the NICE Corridor and Bommasandra Industrial Area." }, { "type": "Pros/Cons", "data": "Pros include luxurious properties with well-designed interiors, accessibility to key landmarks, and civic amenities. The project offers a sound social infrastructure, robust connectivity, and easy access to various transport options. Electronic City is known for its green environment, parks, and proximity to major IT firms, educational institutions, and entertainment hubs. Specific project advantages include no common walls, Vaastu compliance, a large garden area, and being away from traffic zones. Amenities like a gym, swimming pool, kids' play area, and indoor games are available. Cons include the high housing and rental prices in Electronic City. While Electronic City has its own metro stations, Jayaprakash Nagar Metro Station is 17 km away. Reports of potholes on NICE Road and in KR Puram areas have been noted." }, { "type": "Safety & Security", "data": "The complex features suitable security devices, including CCTV, intercom facilities, and 24/7 security personnel to ensure resident safety." }, { "type": "Government Projects", "data": "Government projects impacting the area include the new Bangalore-Chennai Expressway, planned foot-over bridges/skywalks on Hosur Road, the development of a 40-acre tree park near Tirahalli Forest Reserve, and a 16 km road development from NICE Road Junction to Whitefield via Sarjapur Road. Electronic City also benefits from three metro stations." }, { "type": "Policy & Regulatory", "data": "GR Gardenia is RERA approved with registration number PRM/KA/RERA/1251/310/PR/181226/002255. The project has approvals from BMRDA and BBMP, and has received Occupancy Certificate (OC), Construction A Khatha, and Land A Khatha." }, { "type": "Investment Potential", "data": "Electronic City is considered a prosperous area in Bangalore, attracting investors seeking steady rental income due to its status as a major IT hub and proximity to educational institutions and entertainment. Housing and rental prices in Electronic City can be high." }, { "type": "Nearby Amenities", "data": "The locality offers numerous amenities including reputed hospitals (Motherhood Hospital 1.28 km, Sri Laxmi Hospital 3.4 km), schools (Oriental Public School 0.75 km, Treamis World School 1.44 km, Sorsfort International School 2 km), shopping centers (Neomall 3.4 km, Royal Meenakshi Mall 13 km, Wooden Street 1.24 km), and restaurants (Adyar Ananda Bhavan 2.7 km). Entertainment options include Sri Venkateshwara Theatre. Banking facilities from State Bank of India, Axis Bank, ICICI Bank, Andhra Bank, and Deutsche India Private Limited are also available." }, { "type": "Other", "data": "The apartments are Vaastu compliant and designed with no common walls [cite: 5, 1

Bengaluru, Shikaripalya

Frequently Asked Questions

Is Shikaripalya safe for families?
Shikaripalya is considered one of the safer localities in Bengaluru, with a strong RWA presence, regular security patrols, and well-lit public spaces. Its schools and parks make it especially popular among families with young children.
Are property prices in Shikaripalya expected to rise?
Yes, multiple infrastructure projects in and around Shikaripalya are expected to push prices higher in the next 2–4 years. The current average of market-competitive rates is considered a favourable entry point for medium-to-long term investors.
Are there any under-construction projects in Shikaripalya?
Yes, several under-construction projects are currently available in Shikaripalya, offering attractive pre-launch pricing and flexible payment plans. All projects listed on Propmyna for Shikaripalya are verified and RERA-compliant.
Are there shopping malls and entertainment zones near Shikaripalya?
Shikaripalya is in close proximity to several shopping malls, multiplexes, fine dining restaurants, and entertainment centres. This robust social infrastructure contributes to a high quality of life for residents and supports strong rental demand.
Has Shikaripalya seen good capital appreciation historically?
Shikaripalya has delivered capital appreciation of 15–30% over 5 years in premium projects, driven by infrastructure upgrades and growing demand. Early investors in Shikaripalya have seen their portfolios grow significantly in value.
Can NRIs invest in property in Bengaluru?
Yes, NRIs can freely invest in residential and commercial properties in Bengaluru under FEMA guidelines. Bengaluru is a popular choice for NRI investments due to its strong developer ecosystem, transparent RERA-registered projects, and high rental demand.
How much does a flat cost in Bengaluru?
Flat prices in Bengaluru start from ₹30 lakh for compact 1BHKs in developing sectors and go up to ₹6 Cr+ for luxury penthouses in prime localities. The average 3BHK in a well-located society typically falls between ₹80 lakh and ₹2 Cr.
Which are the best localities in Bengaluru for buying a flat?
Bengaluru has several premium micro-markets known for strong social infrastructure and connectivity. Buyers typically prefer localities near expressways, IT parks, and metro corridors for the best combination of liveability and investment potential.
What types of residential properties are available in Bengaluru?
Bengaluru offers a diverse range of residential options including affordable 1BHK and 2BHK apartments, mid-segment 3BHK units, premium 4BHK high-rises, independent floors, builder floors, plotted developments, and luxury villas.
Should I buy an under-construction or ready flat in Bengaluru?
Under-construction flats in Bengaluru are cheaper and offer higher appreciation potential but carry delivery risk. Ready-to-move flats offer immediate possession and avoid GST, but cost 10–20% more. Choose based on your timeline and risk appetite.