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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