Bangalore is known to be the IT hub
and now with the coming up of the metro links; the city will soon witness a
push to the residential and commercial developments. With the completion of the
underground section that will link Baiyappanahalli and Magadi Road to the other
locations in the west, east and CBD seamlessly, there will be a visible thrust
to the retail and Residential Property
in Bangalore to grow. All this, in turn, will increase the prices of Bangalore properties, especially along
this corridor.
This purple line of the Metro rail is
expected to functional soon. The route will run through the center of Bangalore
and link Mysore road in the west through the nodal point Baiyappanahalli. Apart
from these upcoming routes, the already existing routes are between MG Road and
Baiyappanahalli ad Mysore Road and Magadi Road.
The metro rail is the must-awaited
development in the city which will provide seamless connectivity within the
city in particular between the neighborhood of Kengeri and the Mysore Road that
will further connect to the eastern location of Baiyappanahalli, Whitefield and
the Old Madras Road. This will be the major benefit of the residents in these
places of connectivity at affordable prices, convenient of avoiding traffic
congestion and saves time. This is one of the primary reason for the increase
in the demand for residential and Commercial Property in Bangalore, and this is making the developers speed up and
complete the construction of the projects.
The completion of Magadi Road to MG
Road is said to be a major route as it will connect the commercial heart of the
city with the surrounding residential areas of Bangalore. This will enable a
quick and easy travel while giving a rapid thrust to the retail as well. The
Magadi Road and MG Road line connect key areas in Central Business District
which join KG Road and MG Road further to Magadi Road and thus this location
witness a high demand for the retail and office spaces along with the Residential Property in Bangalore.
There has been an increasing demand
for residential, retail and Commercial
property in Bangalore due to the metro links and developments that are
taking place in the city. All these locations have strong property values and
are surrounded majorly for the high-end and upper-middle residential properties in Bangalore. Thus, the
regions are said to be at the hotspots at the moment, and the prices might
increase more with the completion of the projects in the areas.
