Which is a good area to buy a flat in Bangalore?

Torn between the swanky flat in electronic city and the one in Sarjapur?

Confusing right? We bet that it is. Given the plethora of options that are available, zeroing on a good place to invest is very confusing and can be hassling for a lot of people. There are various factors to consider before you make a decision, like distance to your workplace, your budget, proximity to educational institutions, shopping malls, banks, water supply appreciation rate of the area, civic amenities, etc. Taking all these factors into consideration, we have curated a list for you.

Electronic City

An area which is a favorite for many owing to its proximity to the majority of the I.T companies, startups, educational institutions and civic amenities, it has grown by leaps and bounds. With the Namma Metro Line coming up and the upcoming Silk Board Flyover, there has been a rise in the demand which is no wonder that there is an increase in the flats for sale in Electronic City. 

Additionally, the upcoming Hosur Airport is just 27km away which is going to further increase the land prices and one can expect good returns. A flat in Electronic City would also help boost your career as you can always get to know of the career opportunities firsthand.

Bannerghatta Road:  One of the older parts of the city, it is well connected to NICE Road and Mysore Road and has well-established schools, colleges, universities, hospitals and other civic amenities.

BTM Layout  : The area is a part of the RV Road Terminal-Bommasandra Line of Namma Metro and is also very close to areas such as Koramangala, H.S.R Layout and Bannerghatta Road.

Sarjapur Road: With the construction of the peripheral ring road, the traffic woes will be a thing of the past and would be connecting Tumkur to Hosur via K.R Puram, Bellary Road and Sarjapur Road. Additionally, this would also connect north Bangalore to South Bangalore. The downside though is there aren’t many business parks in the area and has an issue with the drainage lines.

To conclude, if you are to ask our opinion, we would ask you to go for a flat in Electronic City, Bangalore as an area which is teeming with I.T parks and civic amenities is and will always be in high demand. Also, as per the Bangalore Development Plan 2031, there has been a proposal to double the residential area available in Electronic City from 241.5 hectares to 260.70 hectares. There has been an upswing of 13-14% in the real-estate market of Electronic City. The rental returns are no less either averaging at a rate of 3.2 to 4%. Judging the current scenario, you can expect good returns not just for the short term but for long term as well. If you are dreaming of owning one of the best apartments in Electronic City, book a visit now.

 

Visit: https://mahendrahomes.com/which-is-a-good-area-to-buy-a-flat-in-bangalore/

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