Vest Denton posted an update 4 months, 1 week ago
Originally envisaged like a satellite town of Bangalore city, Yelahanka is amongst the most preferred destinations in North Bangalore for real estate investors today. The suburb has gained phenomenal momentum following your Bangalore International Airport (BIAL) in Devanahalli launched.
Element of the Bruhat Bangalore Mahanagara Palika (BBMP), Yelahanka is merely 19 kilometers from the BIAL and 14 kilometers from downtown Bangalore. The location has witnessed significant boost infrastructure before five years.
Yelahanka has been in the radar of home buyers since a while. The area’s proximity to some number of technology parks, housing a few of the biggest MNCs that operate in the city, can be a key reason for professionals choosing this locality to buy qualities. Yelahanka is very in close proximity to Hebbal, which includes the right institutions, and also hospitals and malls. However, real estate in Hebbal is way not affordable for mid-level buyers. Hence Yelahanka is the perfect decision for them. The spot is also adequately attached to the greater city via road and rail. The planned peripheral ring road (PRR) is predicted to be effective in preference of the areas in Yelahanka too.
To tap it is likely that this region, many property developers are selling residential apartments in Yelahanka, Bangalore. However, property prices in this field have observed a consistent appreciation of 8-10% in last two years. Hence, people are buying property within the Yelahanka-Devanahalli stretch for long-term investment purpose too, as cost is expected to appreciate much more soon.
On analyzing the existing prevalent market rates towards the property rates consumers are prepared to pay; micro markets of Electronic City and Yelahanka are nearest to buyer’s pricing expectations.
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