Is property in Bangalore on the way for the boost through metro links?

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.

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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