Prakashnarayan Nagar, popularly known as JP Nagar, is located towards the south of Bangalore. Established as a residential colony, JP Nagar is a Development Authority promoted layout. It is further characterized by small scale apartments, independent dwelling units and high street retail developments. This area was developed as an extension of Jayanagar and Banashankari in order to accommodate the growing population of Bangalore. Spread across 2,500 acres of land, JP Nagar is further developed in nine phases. Each phase of JP Nagar consists of housing plots with features like Water Supply and Sewerage Board (BWB), parks, wide roads and water bodies. JP Nagar is home to many prominent artists, singers and actors. This area has developed as a major residential and commercial micro-market due to the availability of limited plots and rising land rates. Being dominated by the local population of Bangalore, JP Nagar is famous as a major residential colony in the South. Lot of infrastructural development is taking place around this area, making it the preferred residential destination.

Connectivity

Located about 8.8 kilometres away from Bangalore, JP Nagar enjoys excellent connectivity to adjoining areas. This area is located in close proximity to many residential colonies like BTM Layout, Jayanagar, Bannerghatta Road and Banashankari. Metropolitan Transport Corporation (BMTC) bus routes connect JP Nagar with all significant landmarks of Bangalore.

There are several hotels located in JP Nagar catering to the accommodation needs of travellers. Some of these include The Grand Continent, Pai Comforts, The HHI Select Bengaluru and Cross Roads Inn, among others.

JP Nagar is famous for its educational facilities; some of the schools in this area are Clarence Public School, St. Paul's School and St. Marks Public School, among. A few of the important pre-schools located in JP Nagar include Euro Kids and Little Millennium.

JP Nagar has quite a few reputed hospitals. These include Supra South City Hospital, Mother & Child Health Care, Neighbourhood Hospital and Sri Jenukal Agencies. Shopping malls in the area include Innovation Mall and Spencer's, among others.

Real Estate in JP Nagar

Property in JP Nagar is rapidly developing with 57 ongoing projects and 22 due for possession in 2014. Some of the successfully completed residential properties in JP Nagar are Mantri Courtyard and Serenity by Mantri Group, Housing Wilasa and s by Housing, Sobha Dew Flower and Forest View by Developers and Puravankara High Crest. The average apartment price in JP Nagar is Rs. 4,133 sq. ft. and typical built up areas of apartments vary from 905 sq. ft. to 4,200 sq. ft. Existing well planned layouts and new property developments in loop has made JP Nagar a new heaven for homeowners.