Why is Tumkur Road so Expensive
Tumkur Road in the northwest of Bangalore is a main thoroughfare between the city and Tumkur. It is known for its many industries and is a major work area. It has grown a lot in recent years and is now a popular place to live.
Large numbers of people are now moving into the area. As the demand for homes is going up here, so are the prices of property. Here are some reasons why Tumkur Road is so expensive:
- Ideal Location – The area is on the road that links the city to Tumkur. The road plays a vital role in the movement of people and goods. Its well-developed services and ideal location have made it popular. It has resulted in driving prices up in the area.
- Proximity to Work – There are industrial estates at Peenya and Nelamangala in the area. There are large companies here, such as The Himalaya Drug Company, Denso Kirloskar Industries Pvt Ltd, and Exide Industries Ltd. The work areas add to the allure of the area. These are bringing in many new residents, and Tumkur Road is now becoming more expensive.
- Key Housing Area – The building surge in the area is a major factor driving up real estate costs. It has now become a thriving residential and commercial hub. It is seeing increasing urbanization and has great services. The area is also appealing because of its large green areas.
- Growth Potential – The increase in interest in the area and its rapid development have made Tumkur Road an expensive area. The surge in housing projects here is a major factor driving up costs. Some of the best builders in the city have projects in the area. The demand for homes is going up as the area is getting more developed.
The elite Sattva Green Groves plotted development by the Sattva Group is in the Tumkur Road area. It has well-developed plots and world-class amenities on its grounds. The project is a secure space that is laid out to provide the best living experience in the city.
The plots in the project are from 600 to 1500 square feet. The prices here start at Rs. 34 lakhs. Sattva Green Groves is the ultimate housing destination in the northwestern part. It promises a high-end quality of life at an affordable price. It is perfect for those who want to build bespoke homes.
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