A Boost to The Real Estate in East Bangalore

With the up-gradation of the Whitefield main road that leads to the Bangalore’s International Tech Park was said to be the turning point for the east Bangalore. The region is well-connected to the Old Airport Road and Varthur Road on one side and the Whitefield main road from the other side, the Old Madras Road from KR Puram and the Outer Ring Road at Marathahalli form another side. There are numerous international corporates that are settling down in ITPB and EPIP, other areas in and around Whitefield, Marathahalli, Varthur and other places. Places like Kadugodi and Hope Farm Junction have turned into a housing catchment with potential for good appreciation.

The infrastructural development will definitely ease the connectivity of the locations in property in Bangalore.  The extension of the metro rail from MG Road-Baiyappanahalli line to Whitefield will reduce the traffic as there is high density of population that commutes to this area for work. On the other hand, there will be a new metro line that will run between Marathahalli and Hosakerehalli in phase 3. There will also be 3 interchanges on this metro line which will connect to the Nagavara-Gottigere line, Kogilu Road-Carmelaram line and the BIEC-Anjanapura line. There are however, preliminary studies on the stations on the extensions and the route to Whitefield and the construction is all set to begin pretty soon.

Also, the up-gradation of the National Highway 4 to KR Puram on one side and to Kadugodi on the other, there has been a lot of residential developments up to Hoskote. The proximity to Whitefield and availability of land at comparatively cheaper and affordable prices has spurred the property in Bangalore and especially the residential property market in this region. Numerous integrated development projects are also coming up in this region. There is a mix of retail and residential projects that are coming into this region.

The Marathahalli-Sarjapur Road belt of the Outer Ring Road has the maximum number of IT/ITES companies. Many start-ups and corporates chooses this particular belt due to the continuous and smooth travel up to K R Puram on one side and Central Silk Board on the other. The Bangalore Development Authority will definitely put up two more flyovers here. An underpass and flyover at the Hebbal-Outer Ring Road junction will help the commuters travelling towards Nagavara. Also, there is another flyover that will be at the Doddanekundi-Outer Ring Road junction. These are planned to be finished in around two years, allowing continuous travel on the Outer Ring Road.

Definitely all these infrastructural developments will increase the Demand of Property in Bangalore and all the major regions that are mentioned and soon there will be boom on the real estate sector.