Ramanagara
Ramanagara, a vibrant city in Karnataka, is famous for its silk production and rocky landscapes that appeal to adventure enthusiasts.
About the location
Overview
Ramanagara, located about 50 km southwest of Bangalore, has a rich historical background dating back to the prehistoric period, evident from the numerous inscriptions and artifacts found in the region. The city is set amidst scenic rocky hills and valleys, making it significant for both its natural beauty and as a hub for the Indian silk industry.
The Lifestyle
The city maintains a harmonious blend of urban and rural lifestyles. The community is predominantly involved in sericulture, the process of silk production, which forms the backbone of the local economy. The people of Ramanagara are known for their warm hospitality and rich cultural heritage, which is reflected in their traditional festivals and customs.
Attributes
Silk production hub | Adventure sports hotspot | Proximity to Bangalore | Serene landscape | Rich historical heritage
You're sure to adore
Ramanagara's unique combination of historic significance and natural beauty sets it apart. Whether it's the thrill of rock climbing or the fascination with the silk-making process, there's something for everyone. The city's close proximity to Bangalore also makes it an ideal weekend destination.
The Market
The real estate market in Ramanagara is flourishing due to its strategic location and growing popularity as a tourist destination. Residential property prices range from INR 2,000 to 5,000 per sq. ft., with an annual growth rate of around 6-8%.
Connectivity
Airport
The nearest airport is Kempegowda International Airport, Bengaluru which is approximately 83 km away.
Bus
Ramanagara is well connected by buses. The city has a main bus stand, Ramanagara Bus Station, with regular intercity and interstate buses.
Train
Ramanagara has a major railway station - Ramanagara Railway Station, connected to major cities like Bangalore and Mysore.
Road
Ramanagara is connected through the Bangalore-Mysore highway.
Social Infrastructure
Educational Institutions
Key educational institutions include Government Engineering College and T. John Institute of Technology. For healthcare, Ramanagara District Hospital and Apollo Hospital provide comprehensive services.
Hospitals
Prominent hospitals include Government District Hospital, Suraksha Health Care, and Ramanagara Kidney Hospital.
Crime Rate
Ramanagara enjoys a relatively low crime rate, making it a safe place for both residents and tourists.
Geography
Soil
The soil type is predominantly red and lateritic, suitable for silk farming.
Topography
It has a unique landscape with rocky hills and valleys.
Altitude
Ramanagara is at an altitude of approximately 747 meters above sea level.
Flora & Fauna
The region is rich in scrub vegetation and is home to endangered vultures, leopards, and other wildlife.
Climate
Season at a Glance
Best visited between October to February when the temperature is pleasant.
Rainfall
Average annual rainfall is around 750 mm.
Temperature
Temperature usually varies from 15°C to 35°C throughout the year.
Real Estate Trends
Rental Yield
Residential rental yield is around 3-4% annually.
Capital Appreciation
Real estate has seen steady capital appreciation of 5-7% over the last few years.
Average Price per sq.ft
The average price per sq. ft. is around INR 3,500.
Demand & Supply Dynamics
Demand is moderate with supply mostly matching, led by demand for residential plots and houses.
Short Term Rental Trends
Types of Assets (No. of AirBNB Listings)
Around 50 Airbnb listings, mostly homestays and farmhouses.
Revenue Potential
Revenue potential is high during tourist seasons, especially for homestays and farmhouses.
Occupancy Rate
Average occupancy rate is around 60-70% annually.
ADR
Average Daily Rate is approximately INR 2,000-3,000 for Airbnb listings.
RevPar
Revenue Per Available Room is around INR 1,200-2,000.
Investment Guide
1. Investing in residential properties close to tourist spots can yield high rental income.
2. The growing popularity of Ramanagara as a weekend getaway from Bangalore indicates a promising future for the hospitality industry.
3. Investment in commercial properties, especially in the silk industry, can be profitable given the city's reputation as a silk hub.
Places to Visit