Kanakapura
A nature lover's paradise nestled in the lush greenery of Karnataka, renowned for its serene landscapes and spiritual centers.
Location Information
Overview
The real estate market in Kanakapura is flourishing due to its proximity to the IT hub of Bangalore. Residential plots range from INR 1,200 to INR 2,500 per sq ft. The market is expected to witness significant growth with several residential and commercial projects under development.
The Lifestyle
The lifestyle in Kanakapura is simple yet vibrant, marked by traditional Kannada culture. The community is largely agrarian, with sericulture and horticulture being the primary occupations. The town also hosts several festivals and spiritual gatherings, reflecting the deep-rooted tradition and spirituality of the people.
Attributes
Serene landscapes | Rich biodiversity | Spiritual centers | Agrarian lifestyle | Cultural festivals | Adventure tourism
You're sure to adore
Kanakapura's untouched natural beauty and tranquility make it a haven for those seeking to escape the hustle and bustle of city life. It is also a spiritual hub with several ashrams and temples, offering an enriching experience for spiritual seekers.
The Market
Kanakapura market is a bustling place with a variety of goods, ranging from fresh produce to textiles. The local fish market is especially popular. The market is also known for its silk sarees.
Connectivity
Airport
The nearest airport to Kanakapura is Kempegowda International Airport, located approximately 75 km away in Bangalore.
Bus
Kanakapura is well-connected by bus services. The KSRTC (Karnataka State Road Transport Corporation) operates regular services to and from major cities in Karnataka.
Train
Kanakapura is well-connected by bus services. The KSRTC (Karnataka State Road Transport Corporation) operates regular services to and from major cities in Karnataka.
Road
Kanakapura is well-connected by bus services. The KSRTC (Karnataka State Road Transport Corporation) operates regular services to and from major cities in Karnataka.
Social Infrastructure
Educational Institutions
Jnana Sweekar Public School, Valley International School | Sri Sri Ravi Shankar Vidya Mandir | Arogya Hospital, Kanakapura Government Hospital
Hospitals
Some of the hospitals in Kanakapura include Government Hospital Kanakapura, Apollo Hospital, and Sri Sai Ram Hospital.
Crime Rate
Kanakapura is considered a safe town, with a relatively low crime rate compared to other parts of the state.
Geography
Soil
The soil in Kanakapura is predominantly red and rich in minerals, ideal for the cultivation of mulberry, which is the foundation of the local silk industry.
Topography
Kanakapura is located in the Deccan Plateau, with a hilly landscape and several small rivers flowing through the region.
Altitude
The town is located at an altitude of approximately 600 meters above sea level.
Flora & Fauna
The region is home to varied flora and fauna, including elephants and leopards in the Bannerghatta National Park.
Climate
Season at a Glance
Kanakapura experiences a tropical savanna climate with distinct wet and dry seasons. The best time to visit is from October to March.
Rainfall
The annual rainfall is approximately 700 mm, with most occurring during the monsoon season from June to September.
Temperature
The temperature in Kanakapura ranges from an average low of 15°C in winter to an average high of 35°C in summer.
Real Estate Trends
Rental Yield
The rental yield in Kanakapura is approximately 3-4%, with higher yields in central locations close to amenities.
Capital Appreciation
Capital appreciation in Kanakapura has been steady, driven by infrastructural development and its proximity to Bangalore.
Average Price per sq.ft
The average property price in Kanakapura is around INR 4,500 per sq.ft.
Demand & Supply Dynamics
There is steady demand for properties in Kanakapura, driven by its location and growth potential. Supply is also growing, with several new residential projects in the pipeline.
Short Term Rental Trends
Types of Assets (No. of AirBNB Listings)
There are around 50 Airbnb listings in Kanakapura, ranging from private rooms to entire villas.
Revenue Potential
The revenue potential for Airbnb hosts in Kanakapura is high due to its popularity as a weekend getaway from Bangalore.
Occupancy Rate
The average occupancy rate for Airbnb listings in Kanakapura is around 60%, with higher rates in peak tourist season.
ADR
The average daily rate (ADR) for Airbnb listings in Kanakapura is approximately INR 2,000.
RevPar
The Revenue per Available Room (RevPAR) is approximately INR 1,200.