Friday, 15 January 2016

Real Estate on a go in Bangalore

The closeness of Whitefield to the IT hub, affordability of residential options are bringing back the real estate market back on track in the region and the focus is turning towards the Hoskote Road belt.
Whitefield has emerged as a self-sustaining township and has an impact on the locations along roads that connects the IT node to the east. Amongst many locations, one such location is Hoskote located on the outer limits of Bangalore.
Old Madras Road has observed significant development. The upgraded highway has reduced the travel time between Hoskote and Whitefield. This has directly advantaged the large land areas available at relatively affordable prices. All this has led to the increase in residential developments on the areas that connects these two locations.
The location is said to be located around 28 kms from the city’s centre. With an industrial park by the Karnataka Industrial Areas Development Board, the area has an upper hand than other places in the city. Amongst all the other properties in Bangalore, this area has an industrial zone here and there are many industries that are expected to come up on the main road.This area has opened up the demand from corporate employees since it is easily accessible from Whitefield and Marathahalli.
This area basically catered the 2-3 bedroom configurations in the residential apartments. Property in Bangalore is focusing more on residential apartments as the demand of the same is increasing. Along with the coming up of companies and organizations, the demand by professionals is also increasing rapidly.
Demand for commercials is also increasing rapidly with IT companies coming up in Whitefield, also, industrial airport and the hardware aerospace park are also coming up. This area has also observed industrial investment from Japanese firms. Thus, Making Property in Bangalore an apt option for residents and professionals.
Affordable housing developments are picking up pace in the region as people are more inclined towards these projects by reputed and renowned residential developer. The area is emerging as a major residential hub. There are many affordable as well as luxurious apartments that are coming up in the city depending upon the demand of the buyers.
Youngsters are showing a lot of interest in buying property in these areas as they are offering them urban infrastructure with all the world-class amenities to lead a luxurious lifestyle. These projects are giving the biggest advantage of affordability and easy accessibility to other localities in the region.

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