Investing in Bangalore real estate is quite lucrative. The next big step – choosing the right area to buy a property.
In this article, we closely examine South Bangalore’s real estate and discuss its potential as a promising area for investment and residential purposes.
Infrastructure Growth
Most people look for basic infrastructure facilities like roads and water. So, let’s talk about the infrastructure.
Road Connectivity
Infrastructure in South Bangalore has upgraded significantly in the past years. Roads like the NICE road, Hosur road, Outer Ring Road (ORR) provide greater connectivity to various areas within and outside Bangalore.
With the construction of NICE road, South Bangalore is now well-connected to Mysore, west Bangalore, and Magadi road. Moreover, the link road connects the city center to popular areas like Kanakapura Road, Bannerghatta Road, and Hosur road near Electronic City. Upcoming metro to the airport along with suburban train services between Bengaluru city and airport make the travel even more convenient.
Further, Outer Ring Road (ORR) connects the area with East and North Bangalore too. As a result, getting to IT hubs and the international airport is simpler.
Water
If you’re worried about water supply in your area, South Bangalore might be the right pick for you. The proposed Cauvery Water Supply Phase 3 project will take care of your water woes.
Airport
Currently, the commute from Devanahalli to the airport is approximately 2 hours.
However, once the domestic airport in Hosur Aerodrome is built as per the UDAN scheme, it’ll take half an hour to reach the airport. So, investing in this area is an excellent choice.
Potential for Real Estate Appreciation
Though South Bangalore real estate is sort of established, prices here are still quite realistic. So, its appreciation is relatively higher. There has been a 40% rise in the prices in the last six years.
Moreover, during the last quarter of 2020, quite a few real estate projects launched in South Bangalore. So, there’s plenty of choice for real estate investors.
Top Markets in South Bangalore
Kanakapura Road
Locality
In the last decade, this area has seen fast development mainly due to its proximity to established regions like JP Nagar, Banashankari, and Anjanapura. Moreover, it offers greater accessibility to Electronic City, Outer Ring Road (ORR), and Sarjapur Road, and so, it’s ideal for IT professionals working in these areas.
Public Transport Options
Namma Metro: The green line of Namma Metro already runs from Nagasandra and Yelachenahalli covering areas like Rajajinagar, Majestic, Chikpet, Lalbagh, and Jayanagar. Additionally, the second phase of the green line extension covers Konankunte Cross, Vajrahalli, Thalgattapura, and Silk Institute. It’ll be fully functional in the coming years.
Bus: The bus stand at Kanakapura Road has multiple bus route options to connect to areas like Majestic, Banashankari, KR market, Residency Road, HBR layout ORR, Jayanagar 3rd Block, and Richmond Circle. Here are the BMTS bus route details for you.
Social and Retail Infrastructure
If you’re looking for schools, you have options like the Delhi Public School and The Valley School. You also have quite a few reputed hospitals like Apollo and Fortis nearby. To enjoy your weekends, you can hang out at the Gopalan Innovation Mall and Royal Meenakshi Mall on Bannerghatta Road.
Employment Hubs
It’s well-connected to areas like the Bidadi Industrial area and IT parks like Global Village and Kalyani Magnum.
Real Estate Market
You’ll need a budget of a minimum of 65 lakhs to get a house in this area. You’ll find abundant choices when it comes to buying a 3 BHK apartment in this region.
Hosur Road
Locality
It’s a road that runs along the four-to-eight lane National Highway 7 located in South Bangalore. There’s closer connectivity to Koramangala and Silk Board, which are a few of the most important commercial areas in Bangalore. Although the current road infrastructure is still being developed, we believe it’s a promising area for future investment.
Public Transport Options
Namma Metro: Hosur road will be covered eventually when the yellow line of the metro is fully developed. As a result of this construction, it’ll get connected to BTM Layout, Central Silk Board, Electronic City and Bommasandra.
Bus: BMTC buses connect the Hosa Road station to various other areas in Bangalore.
Social and Retail Infrastructure
Reputed brands like Christ University, St Johns, New Bishop Cottons, Apollo, Narayan Medical, and Forum mall are located near Hosur Road.
Employment Hubs
It passes through significant IT hubs in Bangalore like Electronic City and Koramangala.
Real Estate Market
You can start looking for a decent property with a minimum investment of 50-60 lakhs. Majorly, you’ll find the most variety of 2 BHK apartments in this locality. However, you could also invest in Gated Community Villa Plots in South Bangalore.
Investing in South Bangalore
From the above information, we’re sure you’ve deduced why we’re biased towards investing in South Bangalore. Let’s just summarize the points, shall we? High connectivity, well-built infrastructure, high growth potential, proximity to IT parks, and excellent amenities.
Still unsure if you want to shift your home but still want to invest in this area. We recommend checking out different residential plots in South Bangalore. Now, if the various villa plots for sale in South Bangalore are confusing you, we get it. Here’s our project you could consider because we simply know it’s worth your time.
Gokul Vatika Address is an excellent 8.93 acres residential plotted development. Apart from the superb location, it’s well-planned, spacious, and has top-notch features. So, you get to revel in comfort, convenience, and connectivity in this gated community. Strategically located at Chikkathogur & Doddathogur, Begur Hobli, South Bangalore; close to Electronic City – NICE road junction. Call 8088662233 or visit Gokul Vatika Address to schedule a site visit.
Final Thoughts
South Bangalore is a great residential area with immense potential as an investment too. So, hit the iron when it’s hot and seriously consider getting your new home here.
Our recommendation: invest in villa plots and enjoy watching your property appreciate.
