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.
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 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.
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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