Thursday, August 6, 2015

Flats in Sarjapur Road Bangalore- Ideal for Both Investors and end Users

Bangalore’s property market has been attracting both end users and investors for the past few years. Among all the areas, Sarjapur Road is one of the sought after ones. Despite south and east Bangalore becoming saturated for realty development, Sarjapur Road continues to undergo realty development. Most builders are moving towards the peripheral areas because their connectivity to prime neighbourhoods is rising. Much space has been offered for realty development along this stretch.

Sarjapur Road is a rapidly growing suburb located towards southeast Bangalore. It offers smooth communication with prime neighbourhoods and SEZs located in Electronics City, Whitefield, Marathahalli, Outer Ring Road, Koramangala and Silk Board. The development of new projects in Sarjapur Road Bangalore is centred on the IT sector. It houses around 2 lakh professionals who are employed by the MNCs here. Several of them live on rent and buy 1BHK flat in Bangalore because it would be close to their offices. The prices are still quite affordable which is why several professionals are contemplating a shift into purchased flats from rental ones.

Best Projects to Invest in Sarjapur Road, Bangalore

The micro market has much potential of getting good returns because it is close to the IT hubs in Bangalore. Because of the large office space supply, there shall be an increase in the numbers of affluent professionals. The demand for flats in Sarjapur Road, Bangalore shall increase or at least stay constant. The well-established social infrastructure comprising of healthcare facilities, educational institutes, shopping centres, malls and corporate offices makes the neighbourhood a first preference for several IT professionals and retired personnel. The average cost of apartments in Sarjapur Road is Rs 4500 per sq ft.

The neighbourhood with all amenities that are available and its commercial development has fetched it the status of being a hi-tech city. All prominent builders of the city have flats and apartments on offer in the neighbourhood that belong to the middle and affordable segment. Individuals who want to invest in plots in Bangalore can also select from the ones available here. They can be gotten for Rs 22100 to 27200 per sq yd.

Because of the existence of companies like HP, Capgemini, Wipro, Accenture and Cisco in the vicinity, rent seekers prefer staying here. There are several rental properties in Bangalore available in this area. Investors too prefer parking their money in new projects in Sarjapur Road Bangalore for the high return on investment. A rental earning of Rs 16,000 to 27,000 in a month can be earned from 2BHK apartments that measure around 1000 sq ft. Because Sarjapur Road is an end users market, investors have good prospects of recovering their investment and make a neat profit from it as well.

Indiahomes real estate has several projects located in Sarjapur Road being developed by renowned builders of Bangalore. They are under construction although several offer possession to home buyers soon enough. Given the interest generated in real estate Bangalore along this stretch, the prices of property are slated to increase.
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