Property Market Overview: Sarjapur Road, Bangalore
Bangalore’s demand for flats has increased substantially, particularly in the city’s outskirts, where the most expansion is occurring. Sarjapur Road is one such area that is seeing a real estate boom.
Because it is one of the city’s key thoroughfares and serves to expand neighborhoods such as Whitefield, Koramangala, Electronic City, and many more, there is a high demand for residential spaces here. With the construction of new growth corridors like Sarjapur Road, which is currently Bangalore‘s second most preferred location, demand for flats in Bengaluru has witnessed a comeback. It is conveniently accessible to several other major areas of the city, including Madiwala and Hosur Road. Sarjapur Road is also well connected to Bangalore airport.
Let us have a glance at the benefits of this real estate hub spot.
Prices
This region has a wide selection of property possibilities for people of all income levels. Property prices are affordable, which is another factor for the increase in demand. You’ll find average property rates around Rs 5000 to Rs 7000 per square foot, which seems to be quite affordable for any working-class professional.
Connectivity
The demand here for houses is increasing due to ongoing infrastructural development and also due to its connectivity that acts as a benefit to the people living in this area. The real estate is well connected to Hosur Road. It also connects to important commercial hubs such as Bannerghatta and Koramangala.
Employment and other amenities
Along with IT business headquarters, social infrastructure is a significant driver of expansion on Sarjapur Road. There are big companies like Infosys SEZ Tech Park and Wipro’s corporate head office. There are educational institutions like Oakridge International School, Silver Oaks International School, and Inventure Academy. Medical care units like Dr. Levine Memorial Hospital, Motherhood Hospital, Janani Hospital, and Punarjani Ayurveda Hospital. Malls like Market Square Mall, Total Mall, Forum Mall, Gopalan Innovation Mall, and Bangalore Central Mall. Other than that, there are also restaurants he Black Pearl restaurant, and Fisherman’s Wharf.
Final Thoughts
Considering the area’s future growth potential, purchasing your new house in this section of Bangalore may prove to be a wise decision. There is an abundant supply of housing flats in the region, and the completion of the metro line, as well as other infrastructural improvements, is projected to result in a strong appreciation of property rates. Property in this region will continue to be in high demand, and it is also an excellent investment location.
Disclaimer: The views expressed above are for informational purposes only based on industry reports and related news stories. PropertyPistol does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.
