(Newswire.net — September 26, 2019) — Want to check out luxury villas in North Bangalore? Or is a premium apartment more to your liking? Chances are, you’ll find more options today than you would have thought possible a few years back. That is because North Bangalore has blossomed into a coveted real estate zone for developers and buyers alike.
There are several reasons for the transformation of North Bangalore into one of the top residential areas. Here are a few:
How does the region fare in terms of infrastructure?
BIAL is reportedly planning an aerotropolis or a new mini city around the Kempegowda International Airport, a key landmark in North Bangalore. Several tech behemoths such as TCS and Wipro have expressed interest in setting up shop at the upcoming aerospace and hardware parks. This is expected to open up new employment opportunities for people in the region.
Proposed and under-construction metro and train routes are expected to create better infrastructure and connectivity for the region. For example, once Namma Metro’s Phase II is complete, places such as Nagawara in South Bangalore, will be better connected to the airport in North Bangalore. The proposed 33-kilometre HSRL (High Speed Rail Link) will also connect the airport to Central Bangalore.
Aerospace Park coming up in Devanahalli, is expected to be spread over a massive 950 acres of land, of which 250 acres will be earmarked as a special economic zone (SEZ). The Devanahalli Business Park spread over 413 acres of land, is anticipating investments in excess of $2 billion over a period of 4-5 years.
That’s not all. The BIAL IT Investment Region or ITIR, comprising 12,000 acres of space, is expected to cater to more than 50 top MNCs. The Bangalore International Convention Centre is coming up on 35 acres of space, adjacent to the airport, while the Bellary Road or NH-7 will be widened to 8 lanes for swiffer traffic movements to and from the airport. The Nano Park and the Disneyland Theme Park are other exciting developments in the offing.
These are some of the undeniable factors that have led to a spurt in construction of residential complexes that offer apartments and luxury villas in North Bangalore for discerning, well-heeled buyers.
Which are the key locations in the region and how have they evolved over the years?
North Bangalore comprises key areas such as Yelahanka, Hebbal, Hennur Road, Banaswadi, HBR Layout, Doddaballapur Road, Yeshwanthpur and more. These areas are all well-connected to other localities via the Elevated Expressway going to BIAL and the metro network. Several flyovers link NH-7, the Outer Ring Road, and the Peripheral Ring Road to different places in the city. Public transport facilities are robust in this part of the town.
Key business hubs in the Central Business District are easily accessible from North Bangalore, a reason that makes North Bangalore popular with many. This region is almost always buzzing with activity, as can be easily conjectured from the presence of a number of IT Parks like Manyata Tech Park, standalone offices, and PSU facilities.
There’s more. North Bangalore has a variety of residential projects that cater to almost every market segment. Of course, it didn’t happen overnight. With North Bangalore’s rising popularity, many real estate developers started to flock to the region to offer housing solutions for the rich and the upwardly mobile population. Today, if you go out on a reconnaissance in the region, you’ll find homes of all types and configurations. From spacious and ultra-luxury villas to mass housing projects inside gated societies, from sensitively designed apartments inside skyscrapers to standalone homes, from expensive penthouses to budget homes, there is no dearth of variety.
It’s important to note that for most residential housing projects in the area, amenities such as swimming pools, 24-7 security, kid’s play area, and gymnasiums are available as a standard offering.
How good and reliable are the social amenities in the region?
In addition to the growth of transport facilities, physical infrastructure and business hubs, North Bangalore has also benefited from the rapid development of social infrastructure.
Vibgyor High School, Orchids The International School, and Kendriya Vidyalaya are some of the reputed schools in the area. You’ll also find top-notch hospitals such as MS Ramaiah Memorial Hospital and Columbia Asia in the vicinity.
Shopping malls such as the Elements Mall and Orion Mall have become major hangout spots for the urban youth.
If you need a change of taste, you don’t need to look far. Pick and choose one of the many restaurants, pubs, breweries, lounges, and cafes that have sprung up in the area in the recent past. You won’t be disappointed. Some of the most notable restaurants and pubs in the area are Brewklyn Microbrewery, Sigree Global Grill, Onesta and Truffles. North Bangalore has thus turned steadily into one of the most happening places in the city.
From evidence and experience, it’s safe to conclude that investing in new villa projects in North Bangalore or apartments coming up in swanky new complexes is a great proposition for future returns.
Additionally, you may also want to keep villas or condominiums in Whitefield Bangalore in your basket, if you’re out shopping for your next home.
For the last few years, Whitefield has been notorious for its poor traffic management. However, with exceptional connectivity, proximity to business hubs, schools, hospitals, restaurants, and malls, and the unbelievable return on investments expected from homes here, the pros far outweigh the cons.
Don’t believe it? Come down for a site visit at Total Environment Windmills of Your Mind or Pursuit of a Radical Rhapsody. These homes have redefined luxury!