Bhogganapura
Bhogganapura is a small, bustling village located in the southern state of Karnataka, India.
About the location
Overview
Bhogganapura is in the Ramanagara district of Karnataka, renowned for its silk production. It's a small but active village that's surrounded by lush greenery and farmland. Despite its rural setting, the village is well-connected to the city of Bangalore, which is approximately 50 km away.
The Lifestyle
Bhogganpura is a tranquil village nestled in the heart of Rajasthan, where traditional lifestyles and close-knit communities define daily life. The residents predominantly engage in agriculture, maintaining a harmonious balance with nature and preserving age-old customs.
Attributes
Bhogganapura is known for its serenity, lush greenery, strong community bonds, silk production, and easy access to Bangalore.
You're sure to adore
The peaceful rural lifestyle, the vibrant festivals, the lush farmlands, and the exquisite silk products.
The Market
The real estate market in Bhogganapura is primarily residential with a mixture of traditional houses and modern apartments. The market trend shows a steady increase in property values due to the village's proximity to Bangalore.
Connectivity
Airport
The nearest airport is Kempegowda International Airport in Bangalore, about 75 km away.
Bus
The village is well-served by regular bus services connecting it to Ramanagara and Bangalore.
Train
The nearest railway station is in Ramanagara, approximately 15 km away.
Road
Bhogganapura is conveniently located near the Bangalore-Mysore highway, providing easy access to major cities.
Social Infrastructure
Educational Institutions
Local schools include the Government Higher Primary School. For higher education, residents typically travel to colleges in Ramanagara or Bangalore.
Hospitals
Medical needs are catered for by local clinics and the Government Hospital in Ramanagara.
Crime Rate
The crime rate is relatively low, as is typical for small rural communities in this region.
Geography
Soil
The soil is primarily red and loamy, ideal for growing crops like ragi and paddy.
Topography
The region is mostly flat with some small hills, and is surrounded by the larger hills of the Ramanagara range.
Altitude
The village is approximately 800 meters above sea level.
Flora & Fauna
The region has a rich biodiversity with various types of trees, plants, birds, and small wildlife.
Climate
Season at a Glance
The region experiences a tropical savanna climate with distinct wet and dry seasons. The monsoon season is from June to September.
Rainfall
The average annual rainfall is around 800 mm.
Temperature
The temperature ranges from a low of 15 degrees Celsius in winter to a high of 35 degrees Celsius in summer.
Real Estate Trends
Rental Yield
Due to the rural nature of the region, rental yields are modest, averaging around 3-4% per annum.
Capital Appreciation
The property values in Bhogganapura have been showing a steady increase, with an average capital appreciation of about 5-6% per annum.
Average Price per sq.ft
The average price per square foot is around INR 2,500.
Demand & Supply Dynamics
There is a steady demand for residential properties, and supply is keeping pace with the demand.
Short Term Rental Trends
Types of Assets (No. of AirBNB Listings)
There are a few AirBnb listings, mainly homestays in traditional houses.
Revenue Potential
The revenue potential is modest but steady, with income primarily from silk production, agriculture, and tourism-related activities.
Occupancy Rate
The occupancy rate for rental properties is around 80%.
ADR
The average daily rate for rental properties is around INR 1,000.
RevPar
The average Revenue Per Available Room (RevPAR) is around INR 800.
Investment Guide
Investment in Bhogganapura can be a good option for those seeking long-term capital appreciation and a serene lifestyle. The region's developing infrastructure and proximity to Bangalore add to its investment appeal.
Places to Visit
