4 Emerging Affordable Property Destinations in Bangalore
Even though the sales pace for mid-income and luxury housing in Bangalore oscillates with macro-economic deviations, the city’s affordable housing sector is enjoying high demand on the outskirts. “In Bangalore, availability of huge land parcels at lower prices and the quick development of the city have stimulated real estate developments even in the distant areas,” says the chairman of Ds Max Properties. Additionally, infrastructure developments like the Metro Rail and Peripheral Ring Road are also instrumental in making these affordable emerging areas striking and feasible. Let’s take a look at some of the major areas that tender good options for affordable housing seekers and concurrently offer good returns on investments.
- Kanakapura Road
Situated in the Southern part of Bengaluru, Kanakapura Road benefits from superb connectivity with the major city centers. In fact, the NICE Road, Bangalore-Mysore infrastructure corridor, links Kanakapura to Bangalore, Mysore Road and Bannerghatta Road.
- Sarjapur Road
At Sarjapur, you can buy properties at different price ranges and it is an attractive micro-market for all types of buyers. Its nearness to the major IT/ITeS campuses of Whitefield, Outer Ring Road (ORR), and Electronics City has braced investor outlook in this location.
An impending location in Whitefield, Nallurhalli enjoys lush green cover along with the presence of a beautiful lake view. This location boasts of prominent places like Forum Value Mall, Sigma Tech Park and ITPL etc. Also, it enjoys good connectivity from Old Airport Road and Old Madras Road.
Kengeri is a well-established satellite township where demand of the property is driven by the industrial developments along Mysore Road. Kengeri has an excellent connectivity with the Outer Ring Road, Mysore Road and NICE Road along with the western extension of Namma Metro from the Mysore Road terminal to Kengeri.
- Previous Top 4 Builders in Chennai to Build Your Dream Home
- Next How Canada’s CPPIB Is Stimulating the Indian Real Estate Market