The Tech boom of late 1900’s brought to Bangalore an unprecedented increase in its commercial importance. The huge upsurge in its employment potential called for a large workforce hence attracting the migrating population from all across the globe. The demand for real-estate intensified and the realty industry was forced to develop new and better properties. The stability of the cities market in recent changing times and its large range of housing options have helped the city grow further. Investors are confident about their returns when investing in a Property in Bangalore. Several city suburbs are on their way to quick urbanization. Localities such as, Old Madras Road, Electronic City Phase II, Hennur Road, Kadugodi, Hoskote, Thanisandra, and Devanahalli are the investments hotspots. The regions are fast developing and are in connectivity with the metro network. The social infrastructure in and around the area make them a sought after residential location. With options from affordable housings, villas to ultra-modern integrated townships the city is to retain its importance in the real-estate industry and investments in the city are to attract great returns.
The property market of Old Madras Road
The realty market of the city of Bangalore is highly dependent on its connectivity with the Tech Parks and other commercial zones of the city. Old Madras is one of Bengaluru’s fastest-developing localities. The region has a well-developed infrastructure and is in proximity to major business areas of the city. The region majorly offers affordable housing options and 2 and 3 BHK units are the most preferred configuration of the region. Its proximity with the commercially successful areas of KR Puram, Byappanahalli and ITPL brings Property in Old Madras Road a lot of scope for appreciation in rates. Employment hubs in a vicinity with the region include Embassy Manyata Business Park, Koramangala, Whitefield, International Tech Park (ITPB), KIADB Industrial Area, Electronic City, and Wipro Corporate Office. The region well-connected through a highly-successful network of road and railways. The second phase of the Namma Metro will soon reach the grounds of Old Madras Road. With price appreciation of property in the region reaching 2%-4% over the last quarter any investments made in the region are said to be very fruitful.
About Shriram O2 Homes
For people to buy property in the region of Old Madras Road in Bangalore Shriram Properties have developed an outstanding housing project named Shriram O2 Homes Greenfield. The property has been envisioned as a part of a 40-acre mega township that shall include residential, retail, healthcare, entertainment, and educational facilities. It has been designed by the internationally renowned architect Hafeez Contractor. The residential towers of the estate offer you sophisticated configurations of 2, 2.5 and 3 BHK apartments that span over 935 sq.ft. to 1350 sq.ft. Prices of these units are set in the range of Rs. 36.93 lakhs to Rs. 53.32 lakhs. The apartments are roomy and have large windows with wide balconies. Apartments have high-quality elegant furnishings and have provisions for its proper ventilation and ample natural lights. Life in this estate will be surrounded by lovely green landscapes and world-class amenities.