Extending all the way from Mysore Road to Kanakapura Road, Banashankari is bound by Girinagar and Rajarajeshwari Nagar in the west, Basavangudi in the north, Jayanagar and J.P. Nagar in the east, and Padmanabhanagar, Kumaraswamy Layout, ISRO Layout, Vasanthapura and Uttarahalli in the south.
Banashankari can aptly be called the neighbourhood of temples. The locality is surrounded by innumerable temples. In fact the locality's name itself arises from the oldest and well known temple of Goddess Banashankari, which was built in 1915.
But let it not be viewed as just a place of temples. Banashankari, especially Banashankari 3rd Stage, is a well developed locality brimming with modern amenities. Families living here since decades and over generations have seen the place growing and progressing to cater to today's needs - top class education, healthcare, shopping, commercial, offices, entertainment, markets, dine- outs night-outs, etc. are well within reach.
Banashankari 3rd stage is now modern hustling and bustling area with flyovers to ease the traffic. In terms of housing facility, Banashankari has a mix of old style homes and modern apartment buildings. 2 BHK in Banashankari 3rd stage and 3 BHK in Banashankari 3rd stage are very common and there is a good demand for the same. In fact 3 BHK apartments in Banashankari 3rd stage is becoming very popular as families are finding that living in apartment buildings offer reliable safety and other conveniences. Moreover 3 BHK flats in Banashankari are quite affordable, due to the location which is away from the central area of the city. A modern 2 BHK flat in Banashankari 3rd stage may cost anywhere between Rs 80 lakhs to Rs 1 crore, depending upon the amenities and specifications offered.
Property value has shown steady and healthy appreciation in Banashankari. Whether plots or independent homes or flats, there is always an increasing demand. In fact there is even and increasing trend in investments in flats for Banashankari 3rd stage.
Strategically located in South Bengaluru, Banashankari is a highly revenue generating zone, amply reflected by the hi-end malls, schools and colleges, commercial complexes, entertainment centres etc. Families have lived here for generations, and each new generation's needs are new. Banashankari has been progressing steadily to meet the burgeoning needs and higher civic amenities. Infrastructure is being well developed and even on long roads you would see everyday needs.
Needless to say, living here with the need to commute much less, life must be quite pleasant without the tension and pressure of a travelling for long durations on an everyday basis. Today, the dynamic place referred to as BSK, where 2 BHK and 3 BHK apartments in Banashankari 3rd stage flourish, is growing and developing into a well organized, planned zone stimulated by seamless connectivity by road network. Metro rail facility is a plan for the near future, and this will add immense importance to Goddess Banashankari's gift to the local residents.