What Makes Bannerghatta Road Tick As The Choicest Residential Destination In Bengaluru?
- 31 May 2019
For many years now, Bengaluru has found a higher pedestal with the city being considered as a shining spot for real estate investors and homebuyers. Investors can hope for good returns on investment and assured rental income while on the other hand, homebuyers can find a place that fits their lifestyle and budget. Additionally, with the IT/ ITeS sector driving the real estate demand, a property in Bangalore is definitely a safe bet with the city that boasts of strong macroeconomic dynamics and stability. Now, despite the fairly recent demonetization, property prices for 3 BHK or 4 BHK flats in Bangalore has not witnessed any volatility and the realty sector has not lost its momentum.
For homebuyers looking for good neighbourhoods to buy a home in, Bengaluru has many attractive options. Most of the new residential hubs, especially on Bannerghatta Road and the surrounding areas, are self-contained developments with ample amenities such as gardens, hospitals, schools and colleges, retail and entertainment centres, as well as restaurants. For example, if you wish to buy a 3 BHK flat for sale in Bangalore, there are multiple townships on Bannerghatta Road to choose from. The biggest advantage of this area is the efficient connectivity which is set to fuel further growth in this region.
Bannerghatta Road is one of the first IT belts to develop into a flourishing region with residential and commercial spaces, and good social infrastructure with education and healthcare at the helm of it. So, let’s take a look at what makes Bannerghatta Road tick as the choicest residential destination.
Connectivity – The Metro Advantage
A new metro line that runs from Nagavara to Gottigere in the Phase II of construction is said to offer a swift and smooth commute to anyone living in the Bannerghatta Road region. Being one of the most developed micro-markets in the city, Bannerghatta Road boasts of robust infrastructure thus making it a popular destination.
Appreciation – Growth Drivers
Appreciation of the properties on Bannerghatta Road is said to climb up with the growth of social and civil infrastructure in the area. Moreover, with many multi-national companies setting up shop in the surrounding region, the demand for residential developments has increased and many key players and reputed builders in the realty sector have already entered the market with some brilliant projects that can catch the eye of many homebuyers looking to settle down, in that neighbourhood.
Townships And High-Rise Domination
Generally, the housing scenario in the Bannerghatta Road region has a mix of both luxury and affordable housing options, encompassing several micro-markets thus offering a healthy spread of options for both homebuyers and investors. However, there has been a surge in high-rise, premium apartments in the area. Overall, this is a preferred residential destination for every segment of homebuyers and investors. And with a solid infrastructure, it’s sure to get further investment in real estate in the near future.
Now, for those who always had Bangalore on their mind when thinking of settling down, one of the most reputed real estate brands in the country, Mahindra Lifespaces, has created a residential gem in the city, on Bannerghatta Road. Mahindra Windchimes offers apartments and penthouses to those looking for a home that’s a cut above the rest with nature’s bounty for company.