Vest Denton posted an update 2 years, 7 months ago
Originally envisaged as a satellite capital of scotland- Bangalore city, Yelahanka is among the most desired destinations in North Bangalore for real estate investors today. The suburb has gained phenomenal momentum following the Bangalore Airport terminal (BIAL) in Devanahalli had become.
An element of the Bruhat Bangalore Mahanagara Palika (BBMP), Yelahanka is simply 19 kilometers in the BIAL and 14 kilometers from downtown Bangalore. The area has witnessed significant rise in infrastructure in the past 5yrs.
Yelahanka has been doing radar of homeowners since a while. The area’s proximity into a variety of technology parks, housing some of the biggest MNCs that operate in the city, is often a key reason for professionals choosing this locality to acquire qualities. Yelahanka is extremely near to Hebbal, that has some good educational institutions, along with hospitals and malls. However, real estate property in Hebbal is much too expensive for mid-level buyers. Hence Yelahanka is a better selection for them. The area can be well linked to the greater city via road and rail. The planned peripheral ring road (PRR) is predicted to work to be replaced by the residential areas in Yelahanka too.
To tap the prospect of this region, many real estate property developers are offering residential apartments in Yelahanka, Bangalore. However, property prices in this field have seen a consistent appreciation of 8-10% in latter years. Hence, folks are buying property in the Yelahanka-Devanahalli stretch for long-term investment purpose too, as cost is anticipated to appreciate a lot more soon.
On analyzing the present prevalent market rates on the property rates people are able to pay; micro markets of Electronic City and Yelahanka are nearest buyer’s pricing expectations.
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