R.K. Hegde Nagar is one of the upmarket residential locality in Bangalore. The locality is close to the Indian railways owned Rail Wheel Factory and industries like Federal-Mogul Goetze (India) Limited, Astra Zeneca Pharmaceuticals, Ranflex India Pvt. Ltd, Gogo International and Hobel Flexibles Inc. Also, R.K. Hegde Nagar is close to Information Technology Investment Region (IITR) - a massive 12,000-acres IT area at Devanahalli. Over 55 multinational IT companies have signed up their interest in IITR. To name a few, Infosys, Wipro, Cognizant, TCS, etc. Also, a 252 acres Aerospace Park is an upcoming development near this area. Karnataka State Industrial and Infrastructure Development Corporation (KSIIDC) has proposed a 309 acres commercial development project and the Government of Karnataka has proposed an entertainment park called ‘Space City’ along with Disneyland to boost the development of the locality and surroundings. Major roads like Bellary Road, Dodballapur Road, Hebbal Flyover and MG Road connect R.K. Hegde Nagar with various spots of the city, making commutation easy for residents. The locality has a number of lakes like Yelahanka Lake, Allalasandra Lake and Puttenahalli Lake which provides a good water table. An upmarket locality, R.K Hegde Nagar has well-developed schools, prominent hospitals, convenience stores and other required facilities like MR International School, Regal Hospital, Fashion Factory, De Grand Restaurant etc, making it a well-suited place for urban living.