Expansion of Electronic City
Thinking of buying that swanky apartment in Electronic City and think you have it all figured out but still a little unsure of what the future has in store for the area?
A question that haunts
many new investors but rest assured as the Electronic City is an area that
literally grows every day without you not even realizing it and by the time you
see that some other new MNC has opened its office or a new project shaping up
in the area, you see that a lot has changed. The place being the I.T hub of
Bangalore prompts the government to constantly upgrade it and bring in
developmental measures to make it investor-friendly.
Let’s take a look at some
of them!
Namma Metro
The upcoming yellow line
of the Namma Metro which is an 18.82km line connecting RV Road with Bommasandra
while passing through Electronic City will help you bid adieu to your traffic
woes. This has led to a lot of investors investing in properties in Electronic
City.
Hosur Airport
It might come as good news
to the residents of South Bangalore as the Bangalore International Airport
Limited (BIAL) has agreed to give a no-objection certificate to Hosur Airport
thus allowing it to be operational under the UDAN scheme. The airport is just a
30-minute drive from Electronic City and would save all the time and effort
needed to go to the Kempegowda International Airport.
Peripheral Ring Road Project
To reduce the traffic woes
even further, the Karnataka Government has given its nod to this 1200 crore
project. Under this project, a 65km road will be built to decongest the present
roads and enhance connectivity to Electronic City, Sarjapur and Kempegowda
International Airport etc. This will be a boon to those who have invested in
the properties in
Electronic City.
Continuous Upgrading of Amenities
Owing to the I.T
population and MNC’s, there has been an increase in the number of educational
institutions, hospitals and residential projects in Electronic City. The area
is also all set to get its first integrated mall called M5- ECITY with 5 levels
which would host several retail brands and eight screens and is going to be one
of its kinds.
There have been
constant measures undertaken to expand and develop the area due to the presence
of several I.T companies in a bid to make it more investor friendly. The area
continues to grow by leaps and bounds which has led to several projects
springing up. One of which is Mahendra Homes who have already constructed
several ready to move flats in Electronic City like Mahendra Elena, Elena-5 and
Mahendra Aarna and are known for their tasteful interiors and a penchant for
open spaces and greenery. They have some unique amenities like a pet park,
senior people’s corner, multipurpose court, private terrace gardens, cricket
pitch and a variety of sports courts. With limited flats for sale
in Electronic City due to most of them being sold
out, it is best that you book a visit before your dream home becomes someone
else’s.
Visit: https://mahendrahomes.com/expansion-of-electronic-city/
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