Top 5 Developing Localities to Invest in Bangalore
India’s IT hub, Bangalore, is a fast-growing city known for its world-class infrastructure and high standard of living. Its thriving job market, pleasant climate, and calm vibe have made it a favorite place to live. The demand for homes here has spurred the development of many real estate projects.
All areas in the city are growing, with the best services and connectivity. Here are the top 5 developing localities to invest in Bangalore today:
Sarjapur Road – In the southeast, the IT hub of Sarjapur Road has grown rapidly. It is seeing fast development, and the metro and Peripheral Ring Road are coming up. The area has seen a 30% rise in prices. The average price is now Rs. 10,000 per square foot.
Electronic City – In the south zone, Electronic City has IT behemoths such as Infosys, Wipro, and HCL. Its well-thought-out design and the growing commercial sector have meant more demand for homes. The average price per square foot in phase 1 is Rs. 6500.
Whitefield – Whitefield has transformed from a quiet area to a thriving neighborhood. It is a major work hub and is one of Bangalore’s top 5 developing localities to invest in. Real estate prices here average at about Rs. 10,000 per square foot.
Yeshwanthpur – Yeshwanthpur is one of the city’s most industrialized areas. It is well-connected to the city by the metro and Tumkur Road. It is now a popular place to live as it is close to large industrial areas. There are many projects here, with average prices being Rs. 11,000.
Yelahanka – Yelahanka has seen a lot of growth in recent years. It is one of the top 5 developing localities to invest in Bangalore. The area benefits from being close to the airport. Plenty of tech parks and housing areas are being developed nearby. The price of land here is averaging at Rs. 7200 per square foot.
A lot of city residents are opting to buy land and build their own homes. There are many plotted developments coming up to meet the need. An exciting project is Sattva Green Groves at Nelamangala in the Tumkur Road area.
The project is by the well-known builder, the Sattva Group. It is well-designed with top-notch plots and world-class amenities. There is a lot of buzz among buyers about Sattva Green Groves because of its great location near Yeshwanthpur.
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