Sarjapur Road: The Next Big Area of Property Investment in Bangalore
Owing to the latest developments and uprising demands, the real estate sector in Bangalore has been witnessing an overwhelming scenario from the past one year. On an average, there has been 30% growth in the real estate sector across the region. Significant developments are been made on the commercial and residential front.
Areas such as Whitefield, Sarjapur road, Outer Ring Road (ORR), Bannerghatta Road, Hosur Road in Bangalore has witnessed maximum progresses by all the big builders in the high rise apartment segment.
Most of these builders have launched Mid-segment projects of around Rs 40 – 70 lakh budget. Also, keeping in mind the fact that Bangalore is an end-user driven market, the industry players are offering 2BHK apartments at Rs 40-70 lakh and 3BHK flats at Rs 60-75 lakhs respectively.
While there are many developing areas in Bangalore, Sarjapur Road in south-east region of the city is definitely the fastest developing area with more people looking to invest over flat in this region.
Because of excellent connectivity to office destinations and the improved infrastructure, this area has become one of the most preferred residential locations for IT/ITeS employees. Also, the rented houses in sarjapur road are available at comparatively lower rates.
Other main reason for the demand in property on lease or out-and-out purchase is due to the close proximity of IT hubs near Marathalli, JP Nagar and Koramangala and also because of new commercial establishments springing up in Indranagar and Malleshwaram localities. The upcoming Metro and the international airport area beholding the presence of corporate houses in and around medanta Tech Park are other backers of real estate developments in this region.
The needless traffic jams, parking issues, poor conditions of road and low vacancy rates in the main city has forced the real estate developers and investors to look for real estate options in the suburbs of Bangalore. There are also several residential projects coming up in northern part of Bangalore to meet the rising demands from the buyers and investors across the city.
The new residential projects in Bangalore are integrated with all good amenities and infrastructure. The property prices in these localities are also sky rocketing and is likely to increase further in the coming days.
If you are keen to invest over a property in any region of Bangalore, it would be wise to examine all the factors such as the current property trends, property rates and also the amenities provided in the house before making the final investment.
You can also seek help of property forum websites, wherein you can directly connect with various developers and investors through online chatting and get their advice on how to choose the best property for potential investments. You can also read real estate reviews or write your own review on property forum websites and make a well informed decision to reap huge benefits in future.
Areas such as Whitefield, Sarjapur road, Outer Ring Road (ORR), Bannerghatta Road, Hosur Road in Bangalore has witnessed maximum progresses by all the big builders in the high rise apartment segment.
Most of these builders have launched Mid-segment projects of around Rs 40 – 70 lakh budget. Also, keeping in mind the fact that Bangalore is an end-user driven market, the industry players are offering 2BHK apartments at Rs 40-70 lakh and 3BHK flats at Rs 60-75 lakhs respectively.
While there are many developing areas in Bangalore, Sarjapur Road in south-east region of the city is definitely the fastest developing area with more people looking to invest over flat in this region.
Because of excellent connectivity to office destinations and the improved infrastructure, this area has become one of the most preferred residential locations for IT/ITeS employees. Also, the rented houses in sarjapur road are available at comparatively lower rates.
Other main reason for the demand in property on lease or out-and-out purchase is due to the close proximity of IT hubs near Marathalli, JP Nagar and Koramangala and also because of new commercial establishments springing up in Indranagar and Malleshwaram localities. The upcoming Metro and the international airport area beholding the presence of corporate houses in and around medanta Tech Park are other backers of real estate developments in this region.
The needless traffic jams, parking issues, poor conditions of road and low vacancy rates in the main city has forced the real estate developers and investors to look for real estate options in the suburbs of Bangalore. There are also several residential projects coming up in northern part of Bangalore to meet the rising demands from the buyers and investors across the city.
The new residential projects in Bangalore are integrated with all good amenities and infrastructure. The property prices in these localities are also sky rocketing and is likely to increase further in the coming days.
If you are keen to invest over a property in any region of Bangalore, it would be wise to examine all the factors such as the current property trends, property rates and also the amenities provided in the house before making the final investment.
You can also seek help of property forum websites, wherein you can directly connect with various developers and investors through online chatting and get their advice on how to choose the best property for potential investments. You can also read real estate reviews or write your own review on property forum websites and make a well informed decision to reap huge benefits in future.
