Bengaluru is shining bright at the real estate horizon. The capital of Karnataka has observed remarkable immigration in the last few decades to for many reasons.
“Residential sales in Bengaluru has seen stable 9-10 per cent growth over the last two years in spite of subdued markets. At the same time, prices have not only been largely stable, but also few regions have witnessed considerable rise in prices due to the presence of limited number of players, catering to a market with higher demand,” Arshia Ladak, head-marketing, residential, Phoenix Mills Ltds remarked.
According to Cushman and Wakefield, “Bengaluru has been a stable market that has witnessed gradual increase in capital values, however average rental yields are comparatively better ranging between 2-4 per cent as compared to cities like Mumbai where yields are about 1-3 per cent. For investors looking for less volatile market with long-term horizon, Bengaluru provides an attractive investment option. There is minimal loss of rental income as duration to identify or replace tenants is low. There has been investor interests for capital appreciation as well, especially in certain sub markets of Bengaluru.”
Unanimously the trade gurus feel that Vartur, Jakkur, Sarjapur and Atibele are the best places to invest in Bangalore.
Old Madras Road: Bengaluru’s lifeline
Old Madras Road relishes closeness with well-known IT hubs of the city along with locational advantage and presence of several exquisitely constructed, premium as well as affordable Old Madras Road apartments. Realty gurus have now placed Old Madras Road as one of the coveted places for investment as well as residence in the city.
The region is observingsolid residential and commercial development since there is fullness for space in adjacent vicinity Whitefield. It has also donned a key role in the increase and demand for bungalows, villas and apartments in Old Madras Road. According to latest realty trend reports, the property rates for flats in Old Madras Road is happily placed between Rs. 3,000 and Rs. 9,100 per sq. ft., making it still sensible for people to invest here.
Old Madras Road has close connectivity with its neighbourhoods, including Indiranagar, Whitefield, and KR Puram. Moreover Byapanahalli Metro Station, Bengaluru International Airport, KR Puram Railway Station and IT/ITEs firms and MNCs located in Sarjapur, Whitefield, Outer Ring Road, Marathahalli and also Electronic City make it a great location for investment. OMR has well known schools and colleges, super markets, hospitals, banks, entertainment zones,restaurants, etc. which adds to the beauty of the locality.
Shriram o2 Homes: Imparting lives to its lucky residents!
Shriram Group’s brainchild Shriram o2 Homes Greenfield, the residential township has been developed with striking features and the perfect blend of extravagance and stylishness. The apartments are expansive and come with all the conveniences you crave for. With the best location, the residential complex provides an easy reach to all the important places around. A bright floor planning ensures the best utility of space, with a large area devoted for public use. The complex is lavished with greeneries all over. The residential complex comes with different configuration of 2, 2.5, 3 BHK apartments, with prices starting from INR 36 lakhs. For investors and home buyers, all are eyeing this property in Old Madras Road. The apartments come with a cocktail of amenities. This is project is worthy.