Bangalore and the Four Region Areas: The Real Estate Prices
Bangalore has become one of the most popular real estate markets as many new units have been launched in the real estate segment. Not like the other national market the prices in Bangalore have remained stable for a longer duration. This news indeed is good for the developers, buyers as well the purchasers can freely browse a number of affordable options. While choosing to buy a home one must keep a track of a lot of requirements. The most important of all is the location of the home and also the time invested in travelling to and fro from the chosen location to the other places of daily commute. The second most important constraint is the budget which is a clear understanding on how much to spend over the residential property.
The Entire Silicon Valley of India is divided into four major locations in the four different locations of East, West, North and South.
The major markets in the residential segment in Northern banaglore are Hebbal, Hennur, Thanisandra Road, Jakkur, Sahkar Nagar, Kalyan Nagar, Sanjay Nagar, Yelahanka and also Devannahalli. The Near about prices in this area approximately Rs. 4300 per sq. ft. but as per the areas of Hebbal and Thanisandra are concerned the prices are around Rs. 7,400 per sq. ft. Manyata Tech Park and the Kirloskar Tech Park make this area one of the most prominents in the northern region. On the Thanisandra Road the Bhartiya City is located which is also one of the most prominent infrastructures and drivers responsible for the growth of northern Bangalore.
The eastern belt of Bangalore comprises of KR Puram, Marathahalli, Whitefield, Outer Ring Road and also the stretch from Sarjapur Main Road. The prices in this area vary from Rs. 3,840 to Rs, 4,200 per sq. ft. Many of the new real estate land owners and developers have planted their projects in this area. On the other hand the residential property rates in areas of Whitefield and Maratahalli are around Rs. 5,131 to Rs 5,200 per sq. ft. The area Whitefield is one of the major markets as it has the Maximum of the IT strength along with the ITPL the area receives major enquiries in terms of residential spaces and every one looks in for the closest option to stay from office.
The southern part of Bangalore consists of areas like Electronic City, Bannerghatta, Hosur Road, Kanakpura, JP Nagar and also BTM Layout. The Southern part of Bangalore is undoubtedly thickly populated as many of the major companies like Oracle, TCS, Wipro and Infosys are present here. As soon as the Bangalore metro comes into force the connectivity between the northern and the southern region of Bangalore will see a change in a better way.
Areas accounting of the western stretch of Bangalore are Rajaji Nagar, Yeshwanthpur, Peenya, Malleshwaram and many small micro markets. This area is still developing and hence there are very less new units introduced here But the area has the highest property prices which is somewhere around Rs. 10,300 per sq. ft. Whereas Yashwanthpur has the price range of Rs. 7,080 per sq. ft. The area has a huge scope of development in the time to come.