Tours Travel

Best Bangalore Realty Picks

Who has not heard the name of Silicon Valley in India? Being the country’s leading exporter of information technology, Bangalore ranks among the top ten business destinations, thanks to its multiple job opportunities and its perennially pleasant climatic conditions. These factors further contribute to making Bangalore a favorable real estate hub with outstanding IT infrastructure. And despite the general sentiment in the Indian property market being pessimistic, certain areas of Bangalore are abuzz with property expansion activities. This growth can be affiliated with the growing IT infrastructure, the upcoming metro projects, the new international airport and the construction of roads, overpasses and subways which are proving to be a catalyst in the real estate development of these regions.

It is an indisputable fact that wherever infrastructure development occurs, rapid real estate development follows in its wake, bringing with it lucrative investment opportunities. And without a doubt, real estate investing is all about the “right time.” This article will explore some real estate hot spots in Bangalore which are full of rapid infrastructure development, rapid rise in residential and commercial projects and show huge potential for a real estate boom.

Steps that have been taken to revamp Bangalore focus on improving connectivity with central business districts and the physical and social infrastructure that have allowed many regions to emerge as self-sufficient micro-markets. Notable among them are Whitefield, Electronic City, and Old Madras Road, which despite depreciating prices, have managed to stay afloat due to their promising infrastructure, high-end real estate companies, and proximity to renowned IT firms.

The arrival of the International Technological Park in white field started the evolution of real estate infrastructure in this region, leading the development in East Bangalore for over a decade. The presence of many IT parks, shopping destinations, and high-end residential projects make Whitefield a highly preferred destination for investors and homebuyers. Also, the completion of the Outer Ring Road (ORR) providing an unsignaled stretch from Silk Board Junction to Hebbal via Electronic City to Whitefield has increased connectivity in East Bangalore. Both Whitefield and Electronic City boast major IT companies, the best restaurants and hotels, well-known schools, universities and hospitals, and proximity to special economic zones.

When it comes to the residential segment, both Whitefield and Electronic City have witnessed momentous progress over the years. Rising rents and prices and the fast pace of city life have forced many people in Bangalore to move to the suburbs with Whitefield being their preference due to its affordable prices. Below is a brief discussion of some flagship projects in Whitefield and Electronic City that are in high demand. Whitefield Republic luxury 2 and 3 BHK apartment packs scattered across the urban suburban landscape of Whitefield, just behind Divyasree Techno Park, EPIP, Kundalahalli. asset brand is another leading residential company in Whitefield offering stylish 2 and 3 BHK residences ranging in area from 1245 sq. ft. foot to 1639 m2. ft., covering 28 acres of vast green expanse. Godrej United is a residential marvel by Godrej Properties offering 1, 2, 2.5, 3 and 4 BHK housing units that are surrounded by 80 per cent open space and enjoy seamless connectivity and proximity to important social amenities. Another sought after project in Whitefield is serene towna joint venture between VBHC and Axis Spaces consisting of 220 extravagant apartments in 2 and 3 BHK options offering a peaceful and comfortable environment for homebuyers.

In the case of Electronic City, City of Godrej E it is in popular demand due to its carefully designed 1, 2, 2.5 and 3 BHK apartment units, world-class facilities and infrastructure, and 70 percent open green space. VBHC Vaibhava is another landmark residential project located on Chandapura-Anekal Main Road consisting of 2 and 3 BHK residences with an area ranging from 614 sq. ft. foot to 989 m2 foot available at affordable prices.

This real estate buzz is also spreading to areas near Whitefield and Electronic City. One such region is Old Madras Road (OMR), an arterial road connecting Whitefield, Outer Ring Road and Indiranagar to the city. OMR, formerly an industrial area, has now been converted for residential use, experiencing rapid urban growth in the process. Its connectivity to Ring Road, RMZ Infinity and Bagmane Tech Park, MG Road, Byapanahalli Metro Station and the airport has drawn the attention of some major property developers. Salarpuria Sattva has launched a premium residential project called east ridge near Budigere Cross on Old Madras Road, consisting of 1, 2 and 3 BHK apartments ranging from 598 sqft. ft to 1530 m2 ft The project is very close to the upcoming SEZ zones and the International Airport. Nitesh Virgin Islands It is another sought after project that offers premium and exquisite condominiums that have within a radius of 10 km schools, colleges, shopping centers, hospitals and IT parks.

Other areas that one can look for in Bangalore are the settlements around Ring Roads and Bidadi in South West Bangalore. The improved connectivity between Bangalore and Mysore due to the four lane state highway and the upcoming Bangalore Mysore infrastructure corridor has boosted real estate development in the Bidadi region. In the case of North Bangalore, Devanahalli International Airport has played an important role in transforming the landscape of towns like Bellary Road, Devanahalli and Yelahanka.

The growing IT companies have made Bangalore an ideal place to live. Ranked as the fourth best IT hub globally and the fifth fastest growing city in Asia, Bangalore is not only a favorite among domestic buyers but has also managed to capture the attention of NRIs, becoming the first choice of Indian investors, both at home and abroad. as well as abroad.

Leave a Reply

Your email address will not be published. Required fields are marked *