North Bangalore holds a plausible likely future for development in the real estate arena. A recent market report stated that the residential market of North Bangalore is likely suspended to soar swiftly due to the physical and social infrastructure like elevated Expressway to BIAL, high speed Rail Link, Devanahalli Business Park, broadening of Bellary Road which is few to mention. In North Bangalore there are Hebbal, Yelahanka, Doddabalapur Road, Hennur Road which are witnessed as the best performing areas and with due respect to the fact that improved connectivity has caused Bangalore to crystallize to a much sought after residential destinations.
Real Estate in Hebbal - Bangalore |
1. Hebbal is considerably a prime most locality of the Bangalore city. And presently this area has become apparent as an IT Hub which is likely to soar further. New monorail project and high speed rail network along with the Bangalore metro further adds to the connectivity aspect. This area also offers a pleasing infrastructure to strengthen residential growth. Adding to the location advantages, the vicinity holds a plethora of companies and an easy accessibility via flyovers connecting Outer Ring Road (ORR) and NH-7. This regards to a perfect choice to invest especially for the habitual travelers and also due to the fact of scarcity of space in the major hubs of Bangalore is persuading the investors to invest in here. The property prices here range between Rs.5814-7000 per sqft.
Real Estate in Devanahalli - Bangalore |
2. Devanahalli, in the vicinity to Bangalore International Airport (BIA) is likely to encounter large scale physical infrastructure development around this stretch which in turn would further improvise its plea as an investor’s destination. The price range for the quarter from Jan-Mar’2014 was Rs.3375-4113. Devanahalli brags about its close proximity to varied indispensable facilities like educational institutions, health care centres, three proposed IT parks, proposed 4 lane state highway etc, making it as an affluent and lucrative destination for investment.
Real Estate in Yelahanka - Bangalore |
3. Yelahanka, a residential district located in the outskirts of Bangalore which was primitively predicted as a satellite town of the city. Due to the fact that this area has proffered, proposed infrastructure & availability of land which has inspired the developers to build projects in this area. Also this micro market is slowly heading to come into sight as advantageous self-sufficient ecosystem in regards to the soaring development in this area. This area offers varied location advantages for an instance, excellent proximity to IT parks, outstanding educational institutes jammed with modern amenities and this area is turn tends to become a significant admirable residential destination for high-end to luxury developments. Also the property price here falls in the range between Rs.4637-5000 per sqft.
Real Estate in Doddaballapur - Bangalore |
4. Doddaballapur Road, being tucked in the Northern Corridor, has gained a significant benefit from infrastructural facilities given to the roads showing the way to BIA. Also the proposed IT Investment Region, Aerospace Park, planned Peripheral Ring Road are anticipated to work in favor of residential areas in this arena. With an inclusion of relatively great portions of open land and airy space, this area tends to cause a favorable attraction from plentiful buyers especially for the investors considering 3-5 year horizon. And the property prices here range from Rs.3749-4500 per sqft.
Real Estate in Hennur - Bangalore |
5. Hennur, is approaching to be a most promising and crowd-pleasing residential destination in Bangalore. Being positioned in the northern extremes of the City, the Hennur road precisely channels the International Airport which overall has accelerated high returns from the property here since past few months. Hennur Road is proposed to plan to be stretched out to a four lane highway for cargo road to BIA and in accordance to today’s restricted scenario, this arena will surely advance in infrastructural point of view. The current property prices fall in the range between Rs.22903-30000 per sq yard. Hennur Road charges a higher price as compare to Hennur in regards to the convenience of luxury properties. And a close proximity from Bangalore city center and other adjacent places to the Airport is calculable to ensure a promising high return in the forthcoming years.
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