It was created back in 1991. There are three phases to its development: Ananthnagar Phase 1, Phase 2, and Vasundara Layout. There are numerous IT companies nearby and it is close to Fruit Market. It was built for the neighbourhood, and today it is home to numerous families and businesses. This area has recently seen the construction of many large apartment developments. Many different civilizations have rented homes from the residents. There is a school there as well as the 1997-built Shree Ananthnagara Venkatramana Shrine, a Hindu temple. No matter the religious occasion or festival—Ugadi (the Kannada New Year), Tulasi Poojan Diwas, or Navratri—it is elegantly observed. With parks and crossroads that are covered with trees, it is a clean and green area.