Best Flats Near Vega City Mall on Bannerghatta Road

Published On: 11 November 2026

The best flats near Vega City Mall on Bannerghatta Road keep one of South Bangalore's top malls close. Your top picks are SNN Raj Bay Vista, Ashwin Sheth Codename Blue and Lodha Azur. Godrej Vanantara and Prestige Falcon City Reserve complete the list of five. Together they offer 2 to 5 BHK homes, with prices from about ₹1.4 crore. Each project sits within a 2 to 7 km drive of the mall.

Nexus Vega City Mall stands at Srinivas Industrial Estate on Bannerghatta Road. It sits between BTM Layout, JP Nagar and Bilekahalli. Nexus Select Trust bought the mall for about ₹913 crore. Today it houses brands like H&M, Lifestyle and Adidas, along with a large PVR multiplex. The Pink Line metro is also coming up here, with JP Nagar 4th Phase and Bilekahalli IIM-B stations. Both changes have made homes around the mall more attractive to families.

Quick Comparison of Flats Near Vega City Mall

Project	Developer	Location	Configurations	Starting Price	Possession
SNN Raj Bay Vista	SNN Raj Corp	Bilekahalli, Bannerghatta Road	3, 4, 5 BHK	₹3.7 Cr	November 2028
Ashwin Sheth Codename Blue	Ashwin Sheth Group	Arekere, Bannerghatta Road	3, 4 BHK	₹2.72 Cr	2030
Lodha Azur	Lodha Group	Akshayanagar, off Bannerghatta Road	3, 3.5, 4 BHK	₹2.4 Cr	October 2029
Godrej Vanantara	Godrej Properties	Dinnepalya, off Bannerghatta Road	2, 3, 4.5 BHK	₹1.57 Cr	2031
Prestige Falcon City Reserve	Prestige Group	Konanakunte, Kanakapura Road	2, 3, 4 BHK	₹1.4 Cr	2031

These are base prices from developer and channel listings. GST, stamp duty and registration charges come extra.

1. SNN Raj Bay Vista

SNN Raj Bay Vista is a luxury high-rise by SNN Raj Corp in Bilekahalli. It sits on the same Bannerghatta Road stretch as Vega City Mall. That makes it the closest new project to the mall in this list. The 4.8-acre site holds only 106 homes in a 2B+G+29 tower, so density stays very low.

You can pick from 3, 4 and 5 BHK homes, with prices from about ₹3.7 crore. Possession is planned from November 2028 onwards. IIM Bangalore, Fortis Hospital and the upcoming Bilekahalli IIM-B metro station all lie close by. Choose this project if you want a large home and the shortest drive to the mall.

2. Ashwin Sheth Codename Blue

Ashwin Sheth Codename Blue is a lake-facing project in Arekere, right on Bannerghatta Road. It covers about 5.23 acres with close to 230 homes. You get 3 and 4 BHK formats here. Prices start near ₹2.72 crore and go past ₹4 crore for larger units.

RERA registration is in process, and possession is planned for 2030. Arekere lies a few minutes south of Vega City Mall, near Hulimavu. If you want lake views near the mall at a mid-luxury price, this project fits well.

3. Lodha Azur

Lodha Azur is a premium project by Lodha Group in Akshayanagar, beside Hulimavu Lake. It sits just off Bannerghatta Road and offers 3, 3.5 and 4 BHK homes. The 3 BHK units start near ₹2.4 crore. D-Mart is about 700 metres away, and Royal Meenakshi Mall is about 2 km away.

The RERA number is PRM/KA/RERA/1251/310/PR/220324/006728, with possession phased up to October 2029. It lies further from Vega City Mall than SNN Raj Bay Vista. Still, it gives you two large malls within easy reach.

4. Godrej Vanantara

Godrej Vanantara is a forest-themed township by Godrej Properties in Dinnepalya. It sits on CK Palya Road, off Bannerghatta Road. The township spreads across about 36 acres with around 2,000 homes. You can choose 2, 3 and 4.5 BHK formats, with prices from about ₹1.57 crore.

The project launched in May 2026 with Karnataka RERA approval. Possession is planned for 2031. Greenwood High school sits about 180 metres from the site. Vega City Mall lies about 6 km away. Pick this one if you want large open spaces and a big community.

5. Prestige Falcon City Reserve

Prestige Falcon City Reserve is a pre-launch community by Prestige Group in Konanakunte. It sits on Kanakapura Main Road, about 6.1 km from Vega City Mall. That is close to the same distance as Godrej Vanantara. The big difference is metro access, since Konanakunte Cross station stands right opposite the project.

The project forms a new phase of the 41-acre Prestige Falcon City township. It has 7 towers of G+30 floors and 2,520 homes. The 2 BHK homes start at ₹1.4 crore, and the 3 BHK homes start at ₹2 crore. A 4 BHK starts at ₹3 crore. This gives you the lowest entry price among the five projects here. Check the Prestige Falcon City Reserve floor plans to compare unit sizes.

You also get a second mall, Forum South Bengaluru, about 1 km from the project. Manipal Hospital Kanakapura Road is about 1.2 km away. JP Nagar lies about 4.5 km away. RERA registration is in process, with completion planned for 2031.

Which Flats Near Vega City Mall Should You Choose?

Your choice depends on how close you want to live and how much you plan to spend.

For the shortest drive to the mall, SNN Raj Bay Vista in Bilekahalli is the clear pick.
For lake views at a mid-luxury price, compare Ashwin Sheth Codename Blue and Lodha Azur.
For a large township at a lower price, look at Godrej Vanantara and Prestige Falcon City Reserve.

Metro access also matters if you travel to work every day. Bannerghatta Road projects will gain once the Pink Line opens in full. Prestige Falcon City Reserve already has a working Green Line station at its gate. So you get a metro link from the day you move in.

What Living Near Vega City Mall Gives You

Vega City Mall is more than a shopping stop for people who live nearby. You get a multiplex, a food court, a kids' play zone and daily-use stores in one place. Bannerghatta Road also has IIM Bangalore, Fortis Hospital and Apollo Hospital close by. Royal Meenakshi Mall adds one more shopping option to the south.

The area links well to work hubs too. BTM Layout and the Outer Ring Road lie about 3 km from the mall. NICE Road takes you on to Electronic City. This mix of shopping, healthcare and job access keeps rental demand steady around the mall.

FAQs

1. Which are the best new flats near Vega City Mall?

The best choices are SNN Raj Bay Vista, Ashwin Sheth Codename Blue and Lodha Azur. Godrej Vanantara and Prestige Falcon City Reserve also make the list. They offer 2 to 5 BHK homes from about ₹1.4 crore.

2. Where is Vega City Mall located?

Nexus Vega City Mall is at Srinivas Industrial Estate, Bannerghatta Road, Bangalore 560076. It sits between BTM Layout, JP Nagar and Bilekahalli.

3. What is the price of a 3 BHK flat near Vega City Mall?

A new 3 BHK near the mall starts at about ₹2 crore at Prestige Falcon City Reserve. At Lodha Azur and Ashwin Sheth Codename Blue, 3 BHK homes start from ₹2.4 crore.

4. How far is Prestige Falcon City Reserve from Vega City Mall?

Prestige Falcon City Reserve is about 6.1 km from Vega City Mall. It also has Forum South Bengaluru mall about 1 km away. A Green Line metro station stands right opposite the project.

5. Is there a metro station near Vega City Mall?

Yes, the Pink Line is coming up along Bannerghatta Road near the mall. Its nearby stations are JP Nagar 4th Phase and Bilekahalli IIM-B. The Green Line also has stations about 3 km away.

6. Is buying a flat near Vega City Mall a good investment?

Yes, the area has strong rental demand from people who work on the Outer Ring Road. New metro lines and limited land on Bannerghatta Road also support long-term price growth.